Veritas AM appoints new COO

Announcement also sees founder stepping down as executive chairman

Elliot Gulliver-Needham
clock • 1 min read
Nicola Smith, new COO of Veritas AM
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Nicola Smith, new COO of Veritas AM

Veritas Asset Management has appointed Nicola Smith as its new chief operating officer and managing partner from 1 November following the retirement of Richard Grant.

The firm also announced that Charles Richardson, the founder of Veritas, has stepped down as non-executive chair. He will hold the position until June 2022, when he will assume the role of founding partner and advisor. Richardson founded the firm in 2003, holding the position of chief executive until 2012 and fund manager until 2019. Previously, he worked as vice chair, chief investment officer and fund manager for Newton Investment Management. Smith begins as chief operating officer after joining the firm in 2017, working as both business manager and chief financial officer. Previous...

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