F&C appoints Wilson as chief executive

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F&C Asset Management has appointed the head of its institutional business, Richard Wilson, as its new chief executive.

The group said in a stock exchange announcement this morning that Wilson - who has been at the group since 2004 - will become the new boss at the start of next year. Edward Bramson (pictured) has been acting as executive chairman in a dual role since the departure of previous chief executive Alain Grisay. The group said he will revert to non-executive chairman of the board following release of the group's preliminary financial results for 2012. Wilson, who has 24 years experience in the fund management industry, is currently responsible for F&C's investment and distribution activit...

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