An asset management professional has been appointed as chief executive of the World Gold Council (WGC).
David Tait built “considerable asset management experience”, the WGC said, earlier in his career at Bluecrest Capital, Peloton Partners and Citadel Europe.
Most recently he was global head of fixed income macro products at Credit Suisse and before that he held senior trading roles at both Credit Suisse and UBS Investment Bank.
Tait succeeds Aram Shishmanian, the WGC’s CEO for the past ten years.
The World Gold Council is the market development organisation for the gold industry that aims to stimulate the demand for gold.
Tait, a charity fund-raiser, has an MBE from the Queen.
He joins the organisation on January 7, 2019 as CEO designate for a transitionary period before becoming CEO on February 25.
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