Crispin Henderson has taken the reins as chief executive at Threadneedle as part of a senior management reshuffle at the firm.
Previously managing director, Henderson took over on August 1, with current chief executive Simon Davies becoming executive chairman with responsibility for client relationships, strategy and talent management within the business.
As chief executive, Henderson will be responsible for developing Threadneedle’s corporate strategy and will manage the firm’s relationship with parent company Ameriprise.
Henderson joined Threadneedle as chief operating officer in 2002 and became managing director in 2006. Before that he spent 35 years at PricewaterhouseCoopers, 25 of which were as a partner specialising in consulting, advi-sory and audit services to financial services clients.
Henderson says: “I am delighted to bring my experience to steer the company into its next phase of growth. Our business is in a sector that is becoming increasingly complicated and competitive. These management team changes strengthen our ability to respond to future challenges.”