The Investment Management Association (IMA) has appointed Guy Sears as director of wholesale.
He previously worked as deputy chief executive of The Association of Private Client Investment Managers and Stockbrokers (APCIMS) from 2004. He will join the IMA on October 8.
The IMA has also appointed Julie Paterson as director of authorised funds and tax, following deputy chief executive Sheila Nicoll's departure to the FSA.
Nicoll, responsible for European affairs, joined the IMA in 1992 as director of legal and fiscal affairs of The Association of Unit Trusts and Investment Funds. She became deputy chief executive in 2001.
The IMA will not take on another deputy chief executive as chief executive Richard Saunders will take over Nicoll’s international affairs responsibilities.
Paterson, who has worked as director of regulation, operation and taxation since 2001, will work on the Retail Distribution Review (RDR) and other retail policy issues from October 8.
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