Appointment to Standard Life Investments Board

RNS Number : 2069B

Standard Life plc

28 February 2014

 



GERRY ROCCHI APPOINTED TO

STANDARD LIFE INVESTMENTS' BOARD

Standard Life Investments, the global fund manager, has today announced the appointment of Gerry Rocchi* as a Non-Executive Director to the board of Standard Life Investments (Holdings) Limited. The appointment is effective from 1^st March 2014 and has been approved by the FCA.

Commenting on the appointment John Paynter, Non-Executive Chairman of Standard Life Investments (Holdings) Limited, said:

"As a current Director of The Standard Life Assurance Company of Canada, Gerry already knows our business extremely well. His appointment will strengthen the non-executive membership of the Standard Life Investments (Holdings) Limited board, bringing a deep understanding about the power of integrating sustainability into corporate strategy as well as a wealth of experience in investing and in corporate financial governance practices."

Keith Skeoch, CEO, Standard Life Investments said:

"We have set ambitious targets for Standard Life Investments which will be achieved by delivering investment solutions to an increasingly receptive global client base. Gerry brings with him over 20 years of experience across a number of areas in both the private and public sectors and I'm delighted that we will be able to call on his support, knowledge and experience in helping deliver these objectives".

Gerry Rocchi is currently CEO of Green Power Action Inc., an environmental finance firm based in Toronto that manages Canada's first carbon-offset credit fund.  Since leaving Barclays Global Investors Canada in 2005, where he was CEO from 1997 to 2004 and thereafter led several strategic initiatives for the iShares global business line, Gerry has had a number of industry and regulatory roles. These include directorship, and chair of the board, of the Investment Industry Regulatory Association of Canada (IIROC), and directorship, and chair of the Finance and Audit Committee of Market Regulation Services, a predecessor of IIROC.

*Concise CV -  Gerry Rocchi

Current Directorships

Director - The Standard Life Assurance Company of Canada (and Director of associated Canadian companies)

CEO - Green Power Action Inc. (and Director of associated Canadian companies)

Prior Directorships and other appointments

2008 - 2012 Director - Investment Industry Regulatory Association of Canada (and Chair of the Board from 2011 to 2012)

2004 - 2007 Director (and Chair of the Finance and Audit Committee) - Market Regulation Services

2007 - 2013 Member of the Independent Fund Governance committee of Burgundy Asset Management

1997 - 2004 CEO - Barclays Global Investors Canada

1981 - 1987 variety of financial management roles - Exxon and Imperial Oil

Education  

MBA in finance and a BA in economics from the University of Toronto.

Standard Life Investments (Holdings) Limited's current Independent Non-Executive Directors are:

John Paynter (Chairman), John Devine, and Virginia Holmes.

- Ends -

Press Enquiries:

Yvonne Soulsby, Press Officer, Standard Life Investments, [phone]

Brian Simmons, Head of Media Relations Standard Life Investments, [phone]

To access our virtual press office, please click on the link below:

http://uk.standardlifeinvestments.com/content/press/press_index.html

Notes to Editors:

1.     With assets under management of £184.1bn (31/12/13), Standard Life Investments is one of Europe's leading investment houses.

2.     Standard Life Investments was launched as an investment management company in 1998. It is a wholly owned subsidiary of Standard Life Investments (Holdings) Limited, which in turn is a wholly owned subsidiary of Standard Life plc.

3.     Headquartered in Edinburgh, Standard Life Investments' maintains offices in a number of locations around the globe including Boston, Hong Kong, London, Beijing, Montreal, Sydney, Dublin, Paris and Seoul.  In addition, we have close relationships with leading domestic players in Asia, including HFDC Asset Management in India and Sumitomo Mitsui Trust Bank in Japan.

 

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