Claude will commence his role and join the Ignis Board in October 2011. Claude will report to Chris Samuel, Ignis' Chief Executive, and will have responsibility for all of Ignis' global distribution activities.
Claude's most recent role was Chief Executive and Chairman of AllianceBernstein Ltd. Claude joined AllianceBernstein in 1998 to launch the firm's activities in the UK and Europe. Over that time he held a number of positions focused on all aspects of business development, marketing and client service culminating in his most recent role overseeing the firm's activity in Europe. Claude and his family moved to the United Kingdom in 2000 with AllianceBernstein from his native New York where he held similar distribution positions with UBS Asset Management, Chase Investors Management Corp. and Irving Trust Company. Claude holds a BSc in Applied Mathematics and Economics from Brown University. Claude is also currently Chair of the IMA's Institutional Business Committee and a member of the IMA Board.
This appointment follows other significant appointments throughout the firm over the last 18 months including Chris Fellingham as Chief Investment Officer, Tim Roberts as Chief Operating Officer, Mark Lovett as Chief Investment Officer, Equities and Michiel Timmerman as Managing Director & Chief Investment Officer of Ignis Advisers, Ignis' multi-manager business.
Chris Samuel, Chief Executive, Ignis Asset Management, says;
"We are committed to building Ignis into a leading asset management business and it is, therefore, a great pleasure to welcome someone of Claude's pedigree and experience to help us fulfil our ambitions. Under his guidance, and working closely with me and our investment teams, we are looking forward to strengthening our presence in all our chosen markets, be they retail, wholesale, institutional, in the UK or abroad."
Claude Chene, Head of Distribution, Ignis Asset Management, says;
"I am excited to be given the opportunity to be a member of the senior management team at Ignis and be a part of the effort to establish Ignis as a leading investment and client service organisation. Their commitment to people is exemplified by the extremely strong management and investment team Chris has pulled together to take Ignis forward. I have been impressed with the clarity of the team's vision for the business, the progress they have made to date and the passion and enthusiasm everyone shares for this vision."
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