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

Understanding the investment appeal of the energy addition

Understanding the investment appeal of the energy addition

Positive change takes time

Tim Humphreys
clock 11 March 2026 • 4 min read
Chaos is not a ladder: Navigating human behaviour at times of market stress

Chaos is not a ladder: Navigating human behaviour at times of market stress

'It is important to maintain perspective'

Sacha Chorley
clock 09 March 2026 • 4 min read
Four reasons why direct engagement can still make a difference

Four reasons why direct engagement can still make a difference

'Quantitative data arguably tells only half the story'

Simon Wood
clock 05 March 2026 • 4 min read