Newton CEO appointed non-exec at Bank of England

Beth Brearley
clock • 1 min read

Chancellor Philip Hammond has announced today the appointment of Newton Investment Management CEO Hanneke Smits as one of three non-executive directors to the Bank of England's Court of Directors.

Smits, alongside fintech pioneer Rohinton (Ron) Kalifa OBE and TUC general secretary Frances O'Grady, will begin their four-year terms on 1 June. Smits has worked in the asset management and private equity industry for over 26 years. She became CEO of Newton, a subsidiary of the Bank of New York Mellon, in 2016 and currently serves on the board of the Investment Association. Hammond commented: "The appointment of Ron Kalifa, Frances O'Grady and Hanneke Smits to the Bank of England's Court will bring a vital breadth of experience and wealth of knowledge to the Bank's board." Brad Fr...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Investment

The active funds beating the MSCI World for the past decade

The active funds beating the MSCI World for the past decade

'The next decade could be very different'

Darius McDermott
clock 04 June 2026 • 5 min read
Commodity allocations in a volatile landscape

Commodity allocations in a volatile landscape

'Currency dynamics are also becoming more significant'

Rob Gleeson
clock 03 June 2026 • 4 min read
Why markets keep rising despite a more uncertain world

Why markets keep rising despite a more uncertain world

'For investors, maintaining diversification and portfolio resilience remains essential'

Fahad Hassan
clock 02 June 2026 • 4 min read