Ignis Asset Management has appointed Tim Roberts as chief operating officer.
Roberts joins from McKinsey & Company, where he has worked since 1993, and starts his role today. Prior to joining McKinsey, he worked in investment banking at Warburg.
Sitting on the Ignis board and the group's asset management executive committee, he will report to chief executive Chris Samuel, with both working together on strategy.
During his time at McKinsey, Roberts built a reputation as an expert in strategy, transformational change and risk management in the asset management, insurance and banking and industries.
His appointment follows the hire of Chris Fellingham as chief investment officer of fixed income, who joins on 25 January.
Roberts says: "I am particularly looking forward to working with Chris Samuel and the rest of the Ignis board as we seek to enhance and develop the strategy and the operational model for Ignis' investment divisions and joint venture partners.
"This strategic objective will enable Ignis to deliver new and compelling propositions for both policyholder and third party institutional and retail clients alike."
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