Threadneedle head of distribution Campbell Fleming is to become chief executive of the asset manager as current CEO Crispin Henderson moves to a new role at parent group Ameriprise Financial.
Henderson will become vice chairman of global asset management at Ameriprise, with Fleming taking over as Threadneedle CEO after a handover period. The appointments are subject to regulatory approval. Both men will report to Ameriprise global asset management CEO Ted Truscott. Fleming, a member of Threadneedle's executive committee, joined the asset manager in 2009 from J.P. Morgan Asset Management, where he was managing director of its UK business. He had worked at JPMAM since 1997. "We enjoy the support of a large and strong parent in Ameriprise Financial, and I look forward to w...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
