Sears move is one of a number following the departure of Sheila Nicoll to the FSA, he was previously the deputy chief executive of the Association of Private Client Investment Managers and Stockbrokers (APCIMS).
Other changes see Julie Paterson take on the role of director, authorised funds and tax, a move that will put her at the forefront of retail issues such as the RDR, while IMA chief executive Richard Saunders assumes Nicolls role as overseer of international affairs. The changes will take effect from October 8.
Saunders says: “I am very pleased to welcome Guy to the IMA to take charge of our important and extensive institutional agenda. His broad spread of abilities and experience make him an important addition to the team.”
Sears said: “I have spent a good part of the last 3 years seeing members of the IMA team at work at the FSA, in Europe and in corporate governance forums. It does not take long to realise that their agendas are membership-led, their arguments evidence-based and their approach highly professional.”