PineBridge Investments, a global asset manager, has named John Thornton as new non-executive chairman, effective 21 November 2014.
Thornton will be succeding E. Mervyn Davies, Lord Davies of Abersoch, who chaired the board for four years.
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In his new role, Thornton will work alongside the Board and members of senior management in expanding the firm’s strategy.
Thornton previously worked as president and member of the Board of The Goldman Sachs Group.
Thornton currently chairs the Board of Barrick Gold Corporation and works as a director of the Ford Motor Company.
Richard Li Tzar-Kai, PineBridge board member and chairman of Pacific Century Group said: "I would like to thank Mervyn for his leadership and wisdom during the development of PineBridge as an independent multi-asset manager. Our strong position and enhanced investment offering owes a great deal to him."
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