Martin Currie, the active equity specialist with US$21.2 billion (£16.7 billion) in assets under management as of August 31, 2023, announced that effective October 1, 2023 Jen Mair has been named Chief Executive Officer (CEO). She also assumes a seat on the Martin Currie (Holdings) Limited Board.
Since joining Martin Currie in 2015, Edinburgh-based Mair has served as the firm’s Chief Operating Officer (COO) as well as a Director of Martin Currie Investment Management Limited.
She has led strategic change across the business while providing legal and governance advice to Martin Currie’s global business.
Mair has more than 20 years of experience working internationally in financial services, including 11 years with Barclays in corporate finance and global strategy. Mair began her career in Paris working as a finance lawyer at global law firm Allen Overy.
She holds a joint Honours degree in Law and French from the Universities of Edinburgh and Paris.
Commenting on her new role, Mair said: “It is a privilege to be appointed CEO of Martin Currie, and I am excited by the prospects for our high-quality investment capabilities that have stewardship at their core. I will continue to enhance our investment capabilities and culture, supporting our talented teams to deliver the outcomes our clients expect of us.
I am grateful for Julian’s support over the years. Martin Currie, one of the world’s oldest asset managers, has thrived under Julian’s leadership, helping us attract and develop great talent to deliver for our clients and be the successful and future-facing global asset manager we are today.”
Mair takes over from former Martin Currie CEO Julian Ide who has transitioned into the newly created position of Vice Chair, EMEA for Franklin Templeton effective 2 October. Reporting to President and CEO Jenny Johnson, Ide will engage with senior decision makers at the largest global financial institutions in EMEA to cultivate mutually beneficial long-term partnerships in his new role.
Ide added: “I am delighted Jen is taking over as CEO at this exciting time. I am grateful to everyone at Martin Currie for their support over the last five years and look forward to engaging with the firm in my role at Franklin Templeton”.
Mair’s COO duties will be assumed by Stuart Davidson, Chief Finance Officer and Chief Operating Officer and Sheena Smith, Chief of Staff and Head of Inclusion, Diversity and Equity.
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