IMA’s Richard Saunders to step down
Chief executive to leave the asset management trade body after 11 years.
Richard Saunders, chief executive of the Investment Management Association (IMA), is to step down from his role at the end of 2012.
Mr Saunders has held the role since the trade body was set up in 2002.
He said: “After 11 years in this role I feel it is time for me to move on. It has been a great privilege to work with a first-rate team at the IMA and I am very proud of what we have achieved together since the association was set up in 2002.
“I know that my successor will be taking charge of an organisation in very good shape to meet the challenges of the coming years.”
IMA chairman Douglas Ferrans described Mr Saunders as a “driving force” for the investment management industry.