Fidelity International has appointed Anne Richards as Chief Executive Officer.
Richards, who is currently CEO of M&G Investments, will join Fidelity International in December and report to Abigail P Johnson, Chairman.
Ms Johnson said: “Anne will assume responsibility for Fidelity International at an important time in its near-50 year history. Our ambitions to broaden and deepen our relationship with our clients; innovate in product development and solutions design; and to continue to develop our investment platform and Workplace Investing businesses have never been greater. I am very confident in Anne’s abilities to lead the company in this exciting period of future development and growth.”
Richards has 26 years’ experience in the asset management industry, including over two decades as an analyst, portfolio manager and CIO. Her career path spans many blue chip global names in the financial services industry. She chairs the UK Financial Conduct Authority’s Practitioner Panel and is a member of the US-based Board of Leaders of 2020 Women on Boards, which works to increase the proportion of women on corporate boards.
Richards added: “This is an exciting opportunity to lead an international company as it moves into the next stage of its growth plans. Fidelity is an admired global brand with the potential to lead the market as individuals recognise the need to take ever-greater control over their financial security.”