Senior management changes at Kames Capital

29 March 2013

Kames Capital announces senior management changes to expand its leadership team and create the foundations for further growth across a diverse range of asset classes. The roles of Chief Executive Officer (CEO) and Chief Investment Officer (CIO) will be split, reinforcing the organization’s focus on investments as its core expertise and key growth driver.

Stephen Jones, currently Co-Head of Fixed Income together with David Roberts, has been appointed as CIO, subject to regulatory approval. Stephen joined Kames Capital in 2002 from Britannic Asset Management where he was an investment manager. He has 21 years’ industry experience and studied Law and Economics at the University of Newcastle. Stephen will expand his role to cover all asset classes, building on his success in co-leading Kames Capital’s fixed income franchise. The CEO will concentrate on strategy, governance and the further development of Kames Capital as a distinct business within Aegon Asset Management.

Andrew Fleming stepped down as joint CEO and CIO after eight successful years with the company. Kames Capital is a wholly-owned subsidiary of Aegon Asset Management and in 2011 was rebranded in order to enhance its distinctive third-party proposition in the market. Sarah Russell, CEO of Aegon Asset Management, will assume the role of interim CEO at Kames Capital (also subject to regulatory approval) while the search is conducted for Mr Fleming’s replacement.

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