Patrick Cooper, head of retail, has left Axa Investment Managers after a special project he was work...
Patrick Cooper, head of retail, has left Axa Investment Managers after a special project he was working on at the group fell through.
Virginia Holmes, chief executive of Axa IM, has also left the group after the new venture was scrapped. The group refuse to comment on the nature of the planned venture, which Cooper and Holmes were to head up.
Taking over the position of head of retail at Axa IM is Julia Choudhury, who worked alongside Cooper as marketing manager. Russell Catley has also been promoted to director of retail sales while Robert Wilson has been promoted to investment sales director. In addition, Axa IM has appointed Graeme Atkinson, Colin Leaper and Andrew Lakeman to the retail sales team and is looking to appoint a retail product development specialist in the near future.
Choudhury said: 'The retail business has now reached the stage of development where splitting the role of sales, strategy and business management feels the right thing to do. Russell will lead the enlarged sales team and continue to manage our client relationships, allowing me to focus on the development of the business.'
‘Important to have an anchor’
Report to be written by TPR
Lack of innovation for solutions
Some 2,000 consumers affected