AIMA CEO Leaving Post By End of Year

Andrew Baker, CEO of the Alternative Investment Management Association (AIMA), the global hedge fund industry association, will step down at the end of 2013.

AIMA is in the process of identifying a successor. Baker has been CEO since the beginning of 2009, having been deputy CEO since 2007.

Kathleen Casey, AIMA Chairman, said: “[Baker’s] strong leadership during one of the most tumultuous times facing our financial markets worked to further underscore AIMA’s role and reputation as an expert voice and effective advocate for the industry. We on Council and the staff, volunteers and members of the association will be sad to lose him but wish him every success in the future.”

To ensure continuity, Baker will remain in the role as CEO until his successor has started.