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Stock impact report

L&G hires Schroders executive as asset management chief risk officer [Yahoo! Finance]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
In the post, Drury will oversee risk management across the unit. His remit covers risk and governance structures, investment risk supervision and compliance for L&G's £1.2tn ($1.6bn) asset management operation. He will also become part of the group risk leadership team. He is set to take up the role on 18 May, reporting to group chief risk officer Chris Knight and Eric Adler, chief executive of Asset Management. Adler commented: “Nigel stood out for his breadth of experience and the strength of his track record. We were impressed by his combination of deep technical expertise and people-focused leadership. Nigel will play a crucial role as we deliver of the next phase of our strategy, and I look forward to welcoming him in May.” Drury has more than three decades of experience in risk-related roles across banking, wealth and asset management. He joins from Schroders, where he was chief risk officer. Earlier in his career, he worked at JPMorgan and ABN AMRO/RBS. His backg Show less Read more
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