Mon, May 29, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

AIMA's CEO Andrew Baker to stand down from role at the end of 2013

Wednesday, June 12, 2013
Opalesque Industry Update - Andrew Baker, Chief Executive Officer of the Alternative Investment Management Association (AIMA), the global hedge fund industry association, has announced that he will stand down at the end of 2013.

AIMA is in the process of identifying a successor. Mr Baker has been CEO since the beginning of 2009, having previously been Deputy CEO since 2007.

He said: “The last five years have been an extraordinary and extremely challenging period for the industry. I am glad to say that thanks to the efforts of our members, our directors and our staff, AIMA has come through this period greatly strengthened. We have significantly expanded our activities on behalf of the industry globally, particularly in the fields of regulatory, press and investor engagement, and are in robust financial and organisational health. We have also grown substantially the range of services we provide to our members, and our continued growth in membership since the crisis is, I believe, a testament to the effectiveness of our work for the industry.

“It has been a fantastic honour to work with our first-rate staff in the interests of our loyal members, many of whom volunteer significant amounts of their own time to our work. I would also like to pay tribute to AIMA’s Council which has provided excellent counsel and strategic guidance over the years. I am looking forward to future challenges but I know that the organisation is well-equipped for the future.”

Kathleen Casey, AIMA Chairman, added: “The effectiveness of AIMA as a global organisation and its positive influence on international regulatory affairs is a tribute to Andrew's tenure as CEO. In particular, his strong leadership during one of the most tumultuous times facing our financial markets worked to further underscore AIMA’s role and reputation as an expert voice and effective advocate for the industry. We on Council and the staff, volunteers and members of the association will be sad to lose him but wish him every success in the future.”

To ensure continuity, Mr Baker will remain in the role as CEO until his successor has started.

Press release

bc

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - China's HNA wants to invest in Value Partners, Risk parity investors reap rewards from rebalancing act, SoftBank's $100 billion tech fund rankles VCs as valuations soar[more]

    China's HNA wants to invest in Value Partners From Reuters.com: HNA Group has alighted on a logical, if pricey, target in Hong Kong. The deal-hungry Chinese travel conglomerate known for overpaying wants to invest in Value Partners, one of Asia's few sizeable independent asset managers,

  2. Opalesque Exclusive: Investors warm to ESG, but seek standardization[more]

    Bailey McCann, Opalesque New York: Asset managers and asset owners plan to double their investment in Environmental, Social and Governance (ESG) driven strategies over the next two years, according to a survey from BNP Paribas Securities Services. The report, "Great Expectations: ESG - what's nex

  3. Opalesque Roundtable: France's hidden strengths in AI and machine learning[more]

    Komfie Manalo, Opalesque Asia: All nations offer their strengths and weaknesses, but one that is undisputed is the quality of the French scientists, claimed Guillaume Vidal, co-founder of French technology startup Walnut Algorithms at the

  4. AI-based hedge fund brings machine learning investing to masses[more]

    Komfie Manalo, Opalesque Asia: Machine learning-based hedge fund firm Greyfeather Capital is trying to bring artificial intelligence investing to the masses with its plan to expand beyond the limited reach of the alternative investments space. "We're excited to bring AI technology to traditio

  5. Outlook - Iconic hedge fund manager Seth Klarman says investors are missing huge risks, Paul Singer warns of a world at risk[more]

    Iconic hedge fund manager Seth Klarman says investors are missing huge risks From Businessinsider.com: An iconic hedge fund manager says investors are misperceiving risks in the markets - at a time when markets are hitting historic highs. Baupost Group's Seth Klarman laid out his concern