EdenTree Investment Management has poached Andy Clark from HSBC Global Asset Management (HSBC GAM) to serve as its new CEO.
Clark’s responsibilities at EdenTree
At EdenTree, Clark will spearhead the firm’s next phase of growth in the sustainable investment space.
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Besides, she will be part of the group management board of Ecclesiastical Insurance, the parent of EdenTree.
She replaces Sue Round, who has been holding the role of CEO on an interim basis in addition to her role as deputy chairman.
Ecclesiastical group CEO Mark Hews said: “We are delighted to announce the appointment of Andy to EdenTree at this incredibly exciting time for the business and for the industry, with the tremendous growth in interest we are seeing for responsible and sustainable investing.
“EdenTree has led the market for more than 30 years under Sue’s guidance, and Andy was the stand-out candidate to take on the baton and embrace the future opportunities available to the business.”
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By GlobalDataRound’s remit
Round will continue to work as deputy chairman, while Clark assumes the news responsibility on 14th of this month.
At the same time, Round will continue to serve as the lead fund manager for the Amity UK Fund. She has managed the vehicle since 1988.
Clark’s background
Clark noted: “What was immediately obvious to me was the strong culture at EdenTree of existing to contribute to the greater good of society.
“Not just in terms of investment strategy but also in its unique charitable ownership structure.”
Clark worked for eight years as the CEO of HSBC GAM UK.
She also worked as the CEO of DWS Investments and UK sales director at Fidelity International.
