Vanguard MD Rampulla joins IMA board

Rampulla and Ahmad join a board that already includes senior industry figures such as Will Nott, head of M&G's retail business, Threadneedle CEO Campbell Fleming, Henderson CEO Andrew Formica, and former Schroders CIO Alan Brown. The appointment of Rampulla, who heads up Vanguard's European business, will give passive fund houses more of a voice on the IMA board. The trade body's chairman Douglas Ferrans said last week the asset management industry must do more to win back investors' trust and encourage a long-term savings culture. IMA chief executive Daniel Godfrey (pictured), mea...