Columbia Threadneedle Investments has named Michelle Scrimgeour as its new CEO for Europe, the Middle East & Africa (EMEA), replacing Campbell Fleming who left earlier in 2016 to join Aberdeen Asset Management.
Scrimgeour, currently chief risk officer at M&G Investments, will take over the new role in early 2017.
She will also serve as CEO at Threadneedle Asset Management, as well as join the executive leadership team at Columbia Threadneedle parent Ameriprise Financial.
Prior to joining M&G Investments, she worked as a member of the European executive committee at BlackRock that spearheaded the firm’s EMEA arm as well as managed the integration of BlackRock and BGI in London.
Her other roles across the business include COO for international fixed income and global head of fixed income product, head of alternative investments and senior positions in the quantitative equity and transition management unit.
Columbia Threadneedle global CEO Ted Truscott said: “Michelle is a business leader with excellent asset management experience and a strong track record of achieving results.
“In addition to her extensive experience across distribution, product, operations, risk and control functions, she brings energy, commerciality and a strong understanding of both wholesale and institutional client needs.”