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F&C appoints Richard Wilson as chief executive

F&C Asset Management has appointed head of institutional business Richard Wilson as its new chief executive.

In May, F&C chief executive Alain Grisay retired following the company’s annual general meeting, with executive chairman Edward Bramson taking the reins.

Wilson will take up the role on January 1 and will join the board as an executive director with immediate effect. Bramson will revert to non-executive chairman of the board following release of the group’s preliminary financial results for 2012.

Wilson has 24 years experience in the fund management industry and is currently responsible for F&C’s investment and distribution activities.

Prior to F&C, he was head of international equities at Gartmore and managing director of global equities at Deutsche Asset Management. He started his fund management career at HSBC as a fund manager.

Bramson says: “Richard Wilson has played a critical role in the development and execution of the group’s strategy over the last year. I look forward to us working together and continuing to build value for all our stakeholders.”

Wilson says: “With a foundation of a much improved financial position for the group, I am excited to be given the opportunity to lead F&C and implement our growth strategy to the benefit of our clients, employees and shareholders.”

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  1. Richard Wilson as CE??? I DON’T BELIEEEEEEEVE IT!!!!! 🙂

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