Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Lesley Knox to stand down as Alliance Trust chairman

Lesley Knox to stand down as Alliance Trust chairman

Lesley Knox, the chair of Alliance Trust, is stepping back from the vehicle.

At the trust's annual general meeting today - where Alliance will defend calls from Laxey Partners for a hard line discount control policy to be introduced to the vehicle - investors will be told Knox will leave in time for the 2012 AGM.

'As part of the board's succession plan, Alliance Trust is announcing that Lesley Knox will step down as chairman by the time of the 2012 AGM, after 10
years on the board,' shareholders were told.

It said the search for a replacement is already underway.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
CIO Tapes 2: two warnings and a lot of optimism

CIO Tapes 2: two warnings and a lot of optimism

Our group of leading asset management CIOs see a lot of opportunities – and overseas investors are buying UK too

Play Wealth Manager Retreat 2017: size isn't everything

Wealth Manager Retreat 2017: size isn't everything

We asked our delegates at the Wealth Manager Retreat what they think about the recent wave of consolidation in the industry.

1 Comment Play CIO Tapes - part 3: 'passive funds are anti-capitalist'

CIO Tapes - part 3: 'passive funds are anti-capitalist'

Citywire recently gathered three of the UK's leading fund investment heads to discuss their hopes, fears and the issues that their jobs throw at them daily.

Read More
Your Business: Cover Star Club

Profile: Kleinwort Hambros' boss on how to manage five banks

Profile: Kleinwort Hambros' boss on how to manage five banks

Welding together Kleinwort and Hambros – two of Britain’s most historic banks, founded in 1786 and 1839 respectively – was always going to be a challenge.

Wealth Manager on Twitter