Last week it was announced Richard Saunders, the chief executive of the Investment Management Association (IMA), is stepping down after a decade overseeing the trade body.
His successor will be coming in as the industry gears up for one of the biggest changes it has faced in recent times. With the Retail Distribution Review just months away, the next boss will have to hit the ground running as the industry adapts to the new regulations. Saunders (pictured) was the driving force behind the creation of the IMA in 2002, and will be missed by many in the industry. He has helped the funds industry gain far-reaching recognition, and fought hard on their behalf with policymakers in Brussels as well as regulators in the UK. However, he has also faced some major di...
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