Architas chief investment officer Richard Philbin has quit the firm after two years, Money Marketing can reveal.
Philbin, who joined Architas from F&C in 2008, is leaving at the end of this month with deputy CIO Caspar Rock becoming the firm’s chief investment officer.
Axa says that in view of the changing requirement of the chief investment officer role, Philbin has decided to step aside from his current role to pursue interests outside Axa.
Architas managing director Hans Georgeson says: “I would like to thank Richard personally for the valuable contribution he has made to Architas over the last two years, both in terms of contributing to the early formation of the Architas multi-manager business and, in particular, in driving the development of the MosaIQue fund selection system.”
Architas launched in July 2008 as Axa Wealth’s multi-manager arm.