Ignis appoints Tim Roberts as Chief Operating Officer

Ignis Asset Management is delighted to announce the appointment of Tim Roberts as Chief Operating Officer. Tim will be joining Ignis on 18 January from McKinsey & Company, where he has worked since 1993 and has been a partner since 1999. Tim will report to Chris Samuel, Chief Executive, and will sit on both the group’s asset management executive committee and the Ignis board. Tim will work closely with Chris Samuel on strategy and will be dividing his time between Ignis’ London and Glasgow offices.
Tim brings a wealth of experience to Ignis. During his time at McKinsey, he built a strong reputation as one of their leading experts in strategy, transformational change and risk management in the asset management, insurance and banking and industries. Prior to joining McKinsey, Tim worked in investment banking at Warburg from 1988 to 1993.

Tim’s appointment follows the recent announcement that Chris Fellingham will be joining Ignis as Chief Investment Officer of Fixed Income, heading up the team responsible for some £50bn* in assets. Chris will be joining from George Soros’ London-based asset management business on 25 January.
Tim Roberts comments:
“I am excited to be joining Ignis. While it is already one of the UK’s most significant investment management players, I believe Ignis is in a very strong position to challenge the largest and most successful in the industry.
“I am particularly looking forward to working with Chris Samuel and the rest of the Ignis board as we seek to enhance and develop the strategy and the operational model for Ignis’ investment divisions and joint venture partners. This strategic objective will enable Ignis to deliver new and compelling propositions for both policyholder and third party institutional and retail clients alike.”
Chris Samuel, Chief Executive at Ignis Asset Management, says:
“I am extremely happy to welcome Tim to Ignis. His proven track record and experience in implementing improvements in product design, investment process, distribution, organisation and risk management will be invaluable to the business as it grows.
“Ignis has ambitious plans and this is another major step towards ensuring that we have the best possible investment and management talent to help achieve our goals.”
*Source internal as at 31 December 2009