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IMA announce new chairman

The Investment Management Association has appointed F&C Asset Management’s Robert Jenkins as the group’s new chairman, replacing Threadneedle’s Simon Davies with immediate effect.

Jenkins is the non-executive chairman of F&C Asset Managment plc. He has also served as the group’s chief executive for seven years prior to its merger with Isis Asset Managment in 2004.

The announcement was made yesterday at the group’s AGM, which also saw three additions to the board in the shape of Peter Chambers, William Nott and Keith Skeoch.

The trio make a 14-strong board which also includes the likes of Jupiter Asset Management’s Edward Bonham-Carter and Fidelity’s Richard Wastcoat.

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