Money Management Executive

INVESCO UK Appoints New CEO

Published January 08, 2002, 1:00 a.m. EST

1 Min Read

Rob Hain, CEO of AIM Canada, will become the new leader of INVESCO UK, the company announced today. Both companies are subsidiaries of AMVESCAP.

Processing Content

Hain replaces Hugh Ward, who is stepping down from the position for "personal reasons," according to AMVESCAP. "Hugh approached me some time ago to tell me about his wish to step down and return to Jersey once a successor had been identified," said Michael Benson, CEO of INVESCO Global and vice chairman of AMVESCAP.

Hain joined AIM Funds Management as CEO of its Canada division in 1998. In February 2001, he was made a member of AMVESCAPs executive board.

Phil Taylor, who joined AIM Canada in 1999 as COO, will replace Hain. Before going to AIM, Taylor was president of Investors Group Securities, a financial services firm in Winnipeg, Canada. Prior to that, he served as a managing partner at Meridian Securities, a brokerage service for financial advisor firms.

For reprint and licensing requests for this article, click here.

Money Management Executive

MORE FROM FINANCIAL PLANNING

Industry News

RIA deal momentum slows, threatening record-breaking run

Valuation expert David DeVoe says he thinks the falling deal numbers are less of a reflection of waning demand and more of general economic concerns.

By Dan Shaw
Reporter

9h ago
Tax

Why advisors are rethinking entity structures for clients — and maybe themselves

Recent tax law changes are prompting businesses to rethink entity structures. Here's what financial advisors need to know when guiding clients or making decisions about their own RIAs.

By Zoe Sagalow
Reporter

September 24
Professional development

Building RIA internship programs that become top talent pipelines

The days of a few firms hiring a summer intern with vague plans for them to perform menial tasks around the office may be finally coming to an end. Here's how experts say RIAs can create successful internship programs.

By Tobias Salinger
Chief Correspondent

September 24
Professional development

Why potential RIA successors walk away — and how to keep them

Succession planning experts say that the possible next generation of RIA owners need clear communication, tangible career paths and thoughtful compensation plans. But that is often easier said than done.

By Tobias Salinger
Chief Correspondent

September 23
Practice and client management

How advisors can spot and navigate cognitive decline with aging clients

Cognitive decline is a difficult topic to raise, but advisors who plan ahead can protect clients' finances and autonomy before a crisis hits.

By Grace L. Williams
Reporter

September 23
Industry News

Fighting advisor exits, UBS holds steady on 2027 pay

UBS wants to keep its advisors happy and in their seats. As a result, its 2027 compensation policies avoid the usual grid-update mixture of "good news, bad news."

By Dan Shaw
Reporter

September 23

Load More