IA appoints LGIM CIO to head up investment committee

IA appoints LGIM CIO to head up investment committee

The Investment Association has appointed the chief investment officer of LGIM as chairwoman of its investment committee.

Sonja Laud will head the committee, which aims to provide strategic direction and oversight on all matters affecting IA members, across all asset classes.

She will also act as an ambassador for the UK investment industry, representing the industry body to senior policy makers and stakeholders in the UK, EU and around the world.

Laud will replace the current chairman, Rich LaCaille, executive vice president at State Street Group, who has been in the post since January last year.

She said: “Whilst uncertainty around the pandemic continues, as an industry our focus remains to support investors deliver on their investment objectives. 

“I look forward to working with the committee as we head into 2022 where the emphasis on ESG investing continues and with that making a real, positive impact on the companies and markets in which we invest and on society as a whole.”

Laud has been chief investment officer at LGIM for just under three years, and was previously head of equity at Fidelity International for 18 months.

Galina Dimitrova, director of investment and capital markets at the IA, said it had been a pleasure to work with LaCaille, and the group is thrilled to welcome Laud to the post.

“We look forward to harnessing her deep investment knowledge, as we embark on further change and evolution for our industry. Sonja’s advice and support will be instrumental as we continue to help and guide members, and navigate the path ahead.