Stock Market News

M&G appoints former head of AXA Investment Managers Andrea Rossi as new CEO

2022.09.29 02:27

[ad_1]


© Reuters. FILE PHOTO: M&G plc logo is seen on a smartphone in front of displayed same logo in this illustration taken, December 1, 2021. REUTERS/Dado Ruvic/Illustration

LONDON (Reuters) – British investment manager M&G said on Thursday that Andrea Rossi, a former head of AXA Investment Managers, will take over as Chief Executive Officer of the company.

Rossi will replace John Foley, who led M&G’s split from parent Prudential in 2019, and who announced in April his intention to retire.

Most recently, Rossi served as senior adviser to Boston Consulting Group. The appointment has been approved by the PRA and FCA, M&G said.

“I am honoured to have been selected as its next CEO and look forward to driving growth in the business while at the same time improving its efficiency to better serve client needs”, said Rossi, who will earn a base salary of 875,000 pounds ($942,725) plus incentives.

($1 = 0.9282 pounds)

[ad_2]

Source link

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 83,018.24 0.99%
ethereum
Ethereum (ETH) $ 1,942.77 1.00%
tether
Tether (USDT) $ 1.00 0.02%
xrp
XRP (XRP) $ 2.29 1.30%
bnb
BNB (BNB) $ 622.96 1.82%
solana
Solana (SOL) $ 125.77 0.70%
usd-coin
USDC (USDC) $ 1.00 0.00%
cardano
Cardano (ADA) $ 0.706435 1.05%
dogecoin
Dogecoin (DOGE) $ 0.168828 1.36%
tron
TRON (TRX) $ 0.241783 9.51%
staked-ether
Lido Staked Ether (STETH) $ 1,940.33 0.94%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 82,888.21 0.85%
leo-token
LEO Token (LEO) $ 9.76 0.42%
chainlink
Chainlink (LINK) $ 13.99 0.04%
the-open-network
Toncoin (TON) $ 3.59 3.13%
usds
USDS (USDS) $ 1.00 0.07%
stellar
Stellar (XLM) $ 0.27633 2.27%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,327.06 1.06%
hedera-hashgraph
Hedera (HBAR) $ 0.18918 0.39%
pi-network
Pi Network (PI) $ 1.17 11.29%
avalanche-2
Avalanche (AVAX) $ 19.10 1.54%
shiba-inu
Shiba Inu (SHIB) $ 0.000013 2.12%
sui
Sui (SUI) $ 2.31 2.42%
mantra-dao
MANTRA (OM) $ 7.00 0.65%
litecoin
Litecoin (LTC) $ 90.30 1.22%
polkadot
Polkadot (DOT) $ 4.48 3.07%
bitcoin-cash
Bitcoin Cash (BCH) $ 335.03 0.02%
bitget-token
Bitget Token (BGB) $ 4.64 4.57%
ethena-usde
Ethena USDe (USDE) $ 0.999542 0.04%
weth
WETH (WETH) $ 1,943.44 1.14%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998664 0.30%
hyperliquid
Hyperliquid (HYPE) $ 14.43 10.12%
whitebit
WhiteBIT Coin (WBT) $ 28.16 1.15%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,066.53 1.13%
monero
Monero (XMR) $ 207.97 2.14%
uniswap
Uniswap (UNI) $ 6.45 3.04%
susds
sUSDS (SUSDS) $ 1.04 0.07%
aptos
Aptos (APT) $ 5.37 1.12%
okb
OKB (OKB) $ 53.29 1.22%
dai
Dai (DAI) $ 1.00 0.04%
near
NEAR Protocol (NEAR) $ 2.59 1.42%
pepe
Pepe (PEPE) $ 0.000007 1.76%
internet-computer
Internet Computer (ICP) $ 5.83 0.64%
mantle
Mantle (MNT) $ 0.810348 0.15%
gatechain-token
Gate (GT) $ 22.08 0.21%
ethereum-classic
Ethereum Classic (ETC) $ 17.93 1.13%
ondo-finance
Ondo (ONDO) $ 0.845633 1.05%
tokenize-xchange
Tokenize Xchange (TKX) $ 32.89 2.17%
aave
Aave (AAVE) $ 172.76 0.69%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 83,043.25 0.91%