Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Ashcourt Rowan appoints risk head in board restructure

Ashcourt Rowan appoints risk head in board restructure

Ashcourt Rowan chief operating officer Richard Sinclair is to exit and Steve Haines has taken control of risk functions in a restructure of the boardroom

The firm said Sinclair would be assuming another role in an ‘unrelated’ industry and it was not looking for a replacement at this stage.

Haines will step down from his non-executive director role to become head of the group’s governance and risk functions and will have a wider management role within the company.

To accommodate this, chairman Hugh Ward replaces Haines as chairman of the audit committee and will hold the post on an interim basis until a successor is found.

Commenting on the restructure Ashcourt Rowan chief executive Jonathan Polin (pictured) said: ‘Richard has played a central role in the modernisation of the group and was a key member of the team with us in the project we undertook to build a modern wealth group.

‘On behalf of the board, I would like to take this opportunity to thank him for his exceptional contribution to the company over the past two years and wish him well in all his future endeavours.’

He added: ‘Steve has been a tremendous help in recruiting the new management team we currently have in place and I am delighted to welcome him as head of governance and risk.

‘His skills and expertise will be invaluable as we look to move the business to the next stage of our development.’

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Volatility spike: How ETFs can soften the blow

Volatility spike: How ETFs can soften the blow

ETFGI’s Deborah Fuhr discusses the role of ETFs in client portfolios during volatile market conditions

Play Winter market warmers, the post QE world and timing the FED

Winter market warmers, the post QE world and timing the FED

This week’s episode of Investment Pulse looks at the winding down of quantitative easing, whether to try and time a Federal Reserve rate rise and if strong seasonal performers can reverse recent market slumps

Play JPM’s Negyal: Back divis to temper EM volatility

JPM’s Negyal: Back divis to temper EM volatility

Omar Negyal, co-manager of the JPMorgan Global Emerging Markets Income trust, says a dividend approach to emerging markets reduces the volatility of investing in the asset class.

Wealth Manager on Twitter