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Sears leaves Apcims for wholesale role at IMA

Guy Sears is joining the Investment Management Association as director of wholesale, following a restructure of its senior management team.

The move is one of a number following the departure of Sheila Nicoll to the FSA.

Sears was previously deputy chief executive of the Association of Private Client Investment Managers and Stockbrokers.

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 including the retail distribution review, while chief executive Richard Saunders assumes Nicoll’s role as overseer of international affairs. T

Saunders says: “Guy will 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 says: “I have spent a good part of the last three 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 their agendas are membership-led, their arguments evidence-based and their approach is highly professional.”

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