Dr. Paul Doran, a well respected industry figure who previously worked for the Bank of England, has accepted an invitation to join RLAMs Board of Directors from 1st July 2005.
Doran, Head of Quantitative Techniques at RLAM, is responsible for developing portfolio risk models and for the development of derivative products. His invitation to the Board reflects his status and input in the company.
Andrew Carter, Chief Executive Officer Royal London Asset Management said, “Quantitative techniques are being used to monitor portfolio risk, in the development of asset liability matching solutions and to enhance
existing portfolios, or create new products, using derivatives to heighten performance and minimise risks. The use of these techniques is important for our industry and they are here to stay. Paul’s expertise is an essential asset to the development of RLAM’s services for the future and his place on the Board reflects that.”
This is the 4th new Board appointment in the past 12 months for RLAM. Other appointments include CIO Robert Talbut, Head of Equities Jane Coffey and Head of Property Julia Martin.