Liontrust Asset Management has appointed Adrian Collins as non-executive director and deputy chairman, and Ian Lewis for a new role as head of institutional clients.
Bernard Asher will retire as non-executive chairman at an unspecified date and be replaced by Collins.
Collins (pictured) brings a vast range of experience to the Liontrust board. He has worked in the fund management industry for more than 30 years, including as managing director of Gartmore Investment Management.
He is currently a consultant to Strand Partners, a corporate finance business based in the West End of London. He is a non-executive director of City Natural Resources High Yield Trust, Deutsche Land, LIT, LTC Holdings, Midas Capital and New City High Yield Fund.
'We are delighted that Adrian Collins has joined Liontrust as deputy chairman and on Bernard's retirement will take over as chairman,' says Nigel Legge, chief executive of Liontrust. 'His experience and contacts in the fund management sector will be invaluable to us as we look to take the company forward in accordance with our stated strategy.'
Lewis will join Liontrust as head of institutional clients on 1 September 2009. At the same time, Stephen Watson, institutional marketing director at Liontrust, will take on a new part-time role. In this role, Watson will support Dick Hoag in his sales efforts in the North American market and help to develop the company's global equity investment capability.
Lewis was previously head of UK institutional clients at New Star Asset Management, which he joined in 2004. At New Star, he established, built and maintained the firm's institutional client business, which provided investment services to pension funds, charities, insurance companies, hedge fund of funds and other institutional clients.
Prior to New Star, Lewis was executive director, head of consultant relations at UBS Global Asset Management between April 2002 and May 2004. From April 1999 to April 2002, Lewis was director, global consultants group at Merrill Lynch Investment Managers. He was responsible for around half of the major investment consultant relationships across EMEA, including the UK.