Katherine the Great moves up at Alliance Trust

  • Story by: Joy Dunbar
  • Magazine: FinancialAdviser
  • Published Thursday , August 21, 2008

Alliance Trust appoints Katherine Garrett-Cox as its new chief executive

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Alliance Trust has appointed Katherine Garrett-Cox as chief executive to succeed Alan Harden.

Alliance Trust, a FTSE 100 company, has been investing since 1888 and is the largest generalist UK investment trust by assets listed on the London Stock Exchange. It manages assets of nearly £2.6bn.

Ms Garrett-Cox joined the company in May 2007 from Morley Fund Management, where she held the same role and will assume her role at the end of the month.

Lesley Knox, chairman of Alliance Trust, said: "Ms Garrett-Cox has played an integral role on the board since she joined us last year and has already made significant steps to modernise Alliance Trust’s investment process in her current role. The board and I are delighted that we have such a worthy successor to Mr Harden within our management team. Her appointment underlines our continuing commitment to delivering superior returns for shareholders through an ever-sharper focus on investment performance."

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