Martin L. Flanagan, president and chief executive officer of Amvescap, has been re-elected chairman of the Investment Company Institute, a one-year term. Paul Haaga, executive vice president of Capital Research and Management, has also been re-elected vice chairman, also a one-year term.
Flanagan joined Amvescap as president and CEO in 2005. Before that, he was with Franklin Resources for 13 years, his last post as president and co-CEO.
Haaga has been with Capital Research since 1985. Previously, he was a partner at Dechert Price & Rhoads and a senior attorney for the Securities and Exchange Commission’s division of investment management.