Threadneedle head of distribution Campbell Fleming is to become chief executive of the asset manager as current CEO Crispin Henderson moves to a new role at parent group Ameriprise Financial.
Henderson will become vice chairman of global asset management at Ameriprise, with Fleming taking over as Threadneedle CEO after a handover period. The appointments are subject to regulatory approval. Both men will report to Ameriprise global asset management CEO Ted Truscott. Fleming, a member of Threadneedle's executive committee, joined the asset manager in 2009 from J.P. Morgan Asset Management, where he was managing director of its UK business. He had worked at JPMAM since 1997. "We enjoy the support of a large and strong parent in Ameriprise Financial, and I look forward to w...
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