Aviva Investors chief investment officer for multi-asset and equities David Lis is to retire from his role in March 2016.
Lis will continue to work within the firm as a consultant.
The firm’s chief investment officer for fixed income, Mark Connolly will replace Lis chief investment officer for liquid markets, covering multi-asset and equities.
Connolly joined Aviva Investors in January 2015 from Scottish Widows Investment Partnershipwhere he was global head of fixed income. He also held senior roles at Rothschild Asset Management and Standard life Investments.
Meanwhile, Dan James and Chris Murphy have been promoted to the roles of global head of fixed income and global head of equities, respectively.
Together with global head of multi-assets Peter Fitzgerald, James and Murphy will make up the newly-created investment leadership team, which will report to Connolly.
Aviva Investors chief executive Euan Munro says: “Since I joined Aviva Investors at the start of 2014, David has been a huge support and I have thoroughly enjoyed working with him. He has made a significant contribution during his 18 years with the business and leaves behind a strong legacy.”
Munro says: “I have every confidence that our new leadership team will help us continue to deliver best-in-class investment outcomes for all our clients. Over the past two years, I have been encouraged by the healthy collaboration between our investment teams, and this has played a critical role in the success of our AIMS suite of multi-strategy funds.
“Bringing together the three liquid market investment teams under a single leadership structure will further strengthen the level of collaboration across the investment floor.”
In January, Aviva Investors has hired former Standard Life director David Clayton as its chief financial officer, following the departure of Clifford Abrahams after just six months in the role.