Anne Richards steps down as Fidelity International CEO

Asset supervisor Fidelity International introduced on Monday that Anne Richards has stepped down as leader govt officer after 5 years and can turn into vice chair on the corporate.
Richards, who has greater than 30 years of enjoy in asset control, led M&G Investments sooner than becoming a member of Fidelity as leader govt officer in 2018, changing Brian Conroy. She used to be leader funding officer at Aberdeen Asset Management sooner than that.
During her time period as CEO, property controlled via Fidelity grew considerably, to $714.3 billion.
“Over the last five years Anne has accomplished a tremendous amount for our organisation in service of our clients,” Chair of Fidelity International, Abby Johnson, stated.
In her new function as vice chair, Richards will lend a hand the corporate with its exterior relationships and strategic partnerships, Fidelity stated in a observation.
It stated information about Richards’s successor could be introduced at a later date.