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Friends Ivory & Sime announces new executive team

Royal & Sun Alliance Investments has secured two of the top spots in executive management team following its acquisition by Friends Ivory & Sime

Howard Carter is to stay as chief executive of FIS. RSA managing director of investment management Robert Talbut becomes chief investment officer of the enlarged group and RSA managing director, retail Nick Criticos is becoming managing director of retail funds.

FIS managing director, retail and institutional business Peter Arthur will become managing director of institutional funds and investment trusts. Ken Back will continue as chief operating officer, and FIS company secretary Ian Paterson Brown will become finance director.

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