Pension Funds Insider

Pension Funds Insider brings the latest pensions news and industry insights; from investment and governance updates to new mandate appointments and pensions regulatory information.

Newton appoints non-executive board directors

Thursday, March 19, 2015

Image for Newton appoints non-executive board directors

Newton Investment Management, part of BNY Mellon, has announced the appointment of Henrietta Jowitt and Susan Noble as independent non-executive directors to its board.

They are the first independent non-executive directors appointed by Newton.

The two women will join the existing board of seven executive directors and two BNY Mellon directors and bring with them a wealth of experience and extensive industry knowledge.

Susan Noble has more than two decades of experience as an investment management professional, including key roles at Robert Fleming Asset Management and Goldman Sachs Asset Management.

She is currently non-executive director of British Empire Securities and General Trust plc and Alliance Trust plc.

Henrietta Jowitt has held a number of senior marketing roles within the financial services industry with stints at private equity house Advent International Corporation and global asset manager Schroders.

Most recently, she founded Rotation Point Limited, a business strategy and change consultancy.

Commenting on the appointments, Helena Morrissey, chief executive of Newton, said; "In Henrietta and Susan we have two independent and experienced non-executive directors joining the board.

"They each bring distinct skills to complement the existing board and will enhance both our governance and Newton's ability to achieve sustainable growth."

The appointments follow James Wylie's appointment to the Newton board as Head of North America in May 2014.

James Wylie is now responsible for leading and developing Newton's North American distribution and client servicing business.

He is based in New York and has extensive global institutional and retail sales background, and was most recently chief marketing officer and executive managing director of Turner Investment Partners.

"Jim joined us with a wealth of relevant experience and will add leadership and strategic vision – he is highly respected within the industry," said Helena Morrissey.

First published 19.03.2015

Lindsay.sharman@wilmingtonplc.com