London-based Impax Asset Management has appointed Stuart White as Executive Director, Business Development.
In this newly-created role, White will be responsible for co-ordinating the implementation of the company’s strategy and business development, for initiating and managing client partnerships and for leading the evolution of Impax’s systematic equities commercial strategy.
He will report into Impax’s founder and chief executive, Ian Simm, and will sit on Impax’s Management Committee.
White joins from HSBC Asset Management, where he spent the last five years as Chief Executive Officer, UK, leading a business unit with c. £150 billion of assets under management.
During his 15-year career at the company he held a number of roles, including: Chief Executive Officer, International; Global Head of Strategy, M&A and Chief of Staff; and Head of UK Institutional.
Previously he held senior business development roles at Insight Investment and Threadneedle Investments. He is a Non-Executive Board Director of the National Employment Saving Trust Corporation (NEST), the UK Government’s workplace pension scheme.
Said Simm: “Stuart is an impressive professional, with proven experience in driving profitable business growth and developing strategic partnerships across both institutional and wholesale client segments.
“His background also makes him an ideal leader to spearhead our strategy to grow our systematic equities product suite, an area where we are seeing increasing interest from clients.”
