05 July 2010
Scottish Widows Investment Partnership (SWIP) has appointed Ramsay Urquhart to the position of Finance Director. Ramsay will be part of the SWIP Executive, reporting directly to SWIP Managing Director Dean Buckley.
Ramsay joins SWIP from Barclays Wealth where he was Head of Investment Operations since September 2006. Prior to this Ramsay spent 14 years at ING, most recently as Global Head of Financial Markets Operations.
Ramsay will lead SWIP’s Finance team and will be responsible for overseeing and implementing all aspects of SWIP’s financial processes, reporting and management information. He will look to build SWIP’s financial capabilities and maximise levels of efficiency to add value for SWIP’s clients.
Dean Buckley, SWIP’s Managing Director, comments:
“I am pleased to announce the appointment of Ramsay Urquhart as SWIP’s Finance Director. Ramsay has over 20 years’ experience in Finance and Operational services and his impressive experience and skill-set will be essential within SWIP at a time of huge growth opportunities and change.
“Finance is at the heart of any professional asset management infrastructure and I am confident that Ramsay will challenge the business and play a key role in SWIP’s future growth.”
Ends
Notes to Editors
- Ramsay joins SWIP on Monday 5 July 2010.
- Ramsay has been a member of the Institute of Chartered Accountants of Scotland since 1989.
- Ramsay has an MA in Accountancy from Aberdeen University (1986)
- Until September 2009, SWIP’s Finance team was part of Finance, Operations & Strategy under the leadership of Tony Owens. Following a restructure, SWIP created a separate Finance unit. This allows the Operations, Strategy & Integration team to focus on the back bone of SWIP’s business – ensuring that in this rapidly changing environment SWIP has the strongest and most effective platform. Tony is now Director of Operations, Strategy & Integration. Until Ramsay’s appointment, he has also been acting as interim Finance Director.
Scottish Widows Investment Partnership
1. SWIP’s ultimate parent is Lloyds Banking Group, one of the largest financial services groups in the UK.
2. SWIP has a geographically diverse client base with alliances, joint ventures and clients in the UK, across Europe, USA and Japan.
3. SWIP is one of the UK and Europe’s largest fund managers with £148bn funds under management (Source: Internal, as at 31 March 2010).
4. SWIP has a broad client base, managing assets for Pension Funds, Charities, Local Authorities, Life Funds, Unit Trusts, OEICs, Off-Shore Funds and Specialist Funds across all asset classes.
5. SWIP is authorised and regulated by the Financial Services Authority and is entered on their register under number 193707 (www.fsa.gov.uk).
6. Investment markets and conditions can change rapidly and as such the views expressed should not be taken as statements of fact nor should reliance be placed on these views when making investment decisions. Past performance is not a guide to the future.
