Guy Sears, the Investment Association's director of risk, compliance and legal, is to become interim CEO following the shock departure of Daniel Godfrey late yesterday.
Former CEO Godfrey left the body by mutual agreement following a meeting with the board yesterday afternoon. The decision follows speculation that Schroders, M&G and other asset management firms are thinking of leaving the organisation. What role should the Investment Association play post-Godfrey? Helena Morrissey, chair of the Investment Association, commented on Godfrey's departure: "The board would like to thank Daniel for his significant contribution to the Investment Association. "During his time Daniel has driven a number of important initiatives, including the transformat...
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