Threadneedle confirms chief exec succession

Outgoing chief executive Crispin Henderson has moved to the vice chairman of global asset management role at Threadneedle's parent company, Ameriprice Financial. The appointments, which were initially announced in December subject to regulatory approval, have since been confirmed by the Financial Service Authority and will become effective on 1 March. Both Henderson and Fleming (pictured) will report to Ameriprise chief executive Ted Truscott. Henderson served as chief executive from 2007. During his tenure the firm gained market share in the UK and Europe and expanded into the Asi...