Ignis chief investment officer and board director Peter Reid is leaving the firm.
He will be replaced by the recently-appointed CIO for fixed income Chris Fellingham, who will retain his existing responsibilities for the group's £50bn of fixed income assets.
Reid has held the chief investment officer position twice, initially stepping down to head up the group's UK equity proposition.
Gérald Harlin has been appointed executive chairman
Daunting without ad valorem feees
Elevated redemptions expected
'Should be forever young'
New manager likely to be appointed