Bedlam Asset Management has appointed Nigel Johnson-Hill and Rodney Baker-Bates as non-executive chairman and chairman of its audit committee respectively.
Johnson-Hill was the first external director to join the company in July 2002, having previously been managing director of Hoare Govett (Asia) and Hoening International. He takes over as chairman from Jonathan Compton, who had combined the joint roles of chairman and managing director since the companys inception.
Bedlam moved into profitability in the second half of 2004. It is hoped its new appointments will reinforce external scrutiny, discipline and shareholder contact.