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.

Witan chief Andrew Bell named AIC chairman

Witan chief Andrew Bell named AIC chairman

The Association of Investment Companies (AIC) has named Andrew Bell (pictured) as its new chairman.

The chief executive of Witan Investment Trust succeeds Sarah Bates, whose two-year reign comes to an end of 24 January.

Bell, who is also a non-executive director on the Henderson High Income Trust, has been a director of the AIC since 2006. 

In 25-year career in the City he has had spells at BZW and Credit Suisse First Boston, along with a 10-year stint at Rensburg Sheppards, where he was head of research and strategy.  

In 2010 Bell was put in charge Witan to spearhead an overhaul of the trust.

In a statement on his appointment Bell said: 'I am very much looking forward to becoming chairman of the AIC, having been actively involved with the sector for over 15 years and even longer than that as an investor.

'The investment company industry has had a challenging yet hugely interesting few years, with pressures from a number of quarters for changes in financial services governance and regulation. The AIC’s executive team and board have a crucial role in helping to shape the regulatory debate, as well as providing advice and guidance to members on the implementation of any resulting changes in the rules.  

'Our current chairman, Sarah Bates, has been unstintingly energetic and capable in supporting and guiding the sector and I am honoured to have been asked to take up the running from 2013 as her successor.'

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 Big City Bright Future

Big City Bright Future

Big City Bright Future, the brainchild of BlackRock, is a three-week work experience programme for school leavers looking to forge a career in the City.

Play Kames' Ennett: Trump good for US high yield, but beware Europe

Kames' Ennett: Trump good for US high yield, but beware Europe

Kames Capital’s head of high yield David Ennett believes the changing political landscape will be a positive for the US, but negative for Europe in 2017.

Play Philip Milburn: why inflation won't run out of control

Philip Milburn: why inflation won't run out of control

Kames bond fund manager views inflation as more of 'scare' than a 'problem' and is positioning his portfolios accordingly.

Read More
Your Business: Cover Star Club

Profile: from Batman Live to commodity beta

Profile: from Batman Live to commodity beta

Charteris may be a family affair, but the company is not at any risk of turning sentimental

Wealth Manager on Twitter