CSTIM Ltd. today announced the appointment of Hugh Ward as non-executive Director to the Board of CSTIM Ltd. Hugh was formerly chief executive of INVESCO UK and a member of the AMVESCAP Executive Board. The appointment will be effective from 20th January 2003 (subject to regulatory approval).
Commenting on the appointment, Kevin Alcock, a director and one of the founders of CSTIM, said:
“We’re delighted to have Hugh involved with CSTIM. With 28 years of industry experience, much of which is at an executive level, Hugh brings to CSTIM a vast knowledge of the industry players and some strong personal relationships. We see him playing a key part in helping us to develop our business on to the next level.”
Hugh Ward’s career has taken him into all aspects of the investment management industry from portfolio management to marketing, sales and operational business management. His involvement in mergers and acquisitions has particularly added to his attraction for CSTIM, a company that is constantly managing change for its clients. Mr Ward will play an active role in guiding the company in its expansion plans.
Hugh Ward commented on his reasons for wanting to be involved:
“This is an industry that is likely to undergo a huge amount of change over the next 5-10 years and I am keen to remain involved. CSTIM is ideally positioned to facilitate that change, react to that change and to help their clients to generate opportunities from it.”
“I am confident that my experience in this industry will help CSTIM to fulfil their potential and move from being an extremely successful, exciting, young company into a strong, established player who can take on the major challenges that the industry will present.”