Richard Philbin, chief investment officer (CIO) of Axa Architas, is leaving the company at the end of the year to be replaced by deputy CIO Caspar Rock.
The former F&C multi-manager co-head, who joined Axa in 2008, will leave at the end of the year to "pursue other interests outside Axa". A spokesman for Axa said the changing requirements of the CIO role as Architas focuses on continental European opportunities sparked Philbin's decision to leave. From 1 January next year, Rock will be appointed chief investment officer. Axa adds it will be hiring for a new investment chief operating officer position. Architas managing director Hans Georgeson says: "I would like to thank Richard personally for the valuable contribution he has ma...
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