Jon is the sixth Director to be appointed to the Board since Glyn Jones became Chairman in September 2016.
Jon brings a wealth of global asset management industry experience to the business. He is currently a Partner at Northill Capital, a company he founded in November 2010. Northill Capital provides equity and seed capital to a small number of high-quality start-ups or early stage asset managers and provides equity capital to replace existing shareholders in larger more established asset management businesses. Assets under management by firms in which Northill owns a majority interest total approximately $42 billion.
Prior to this, Jon was Vice Chairman, BNY Mellon Asset Management and Member of The Bank of New York Mellon’s Global Executive Committee. He joined Mellon (later BNY Mellon) in 2000 and was latterly Head of BNY Mellon’s International Asset Management Business, responsible for all non-US asset management businesses. During his time with BNY Mellon, Jon was also Chairman of The Dreyfus Corporation in New York between January 2007 and December 2008 and Chairman of Insight Investment Management from its acquisition in 2009. He was also involved in various asset management boards, including Newton, Walter Scott, Pareto and Alcentra. Prior to BNY Mellon, Jon was Vice President, Head of International Funds & European Sub-advisory at JP Morgan Investment Management and previously a Business Development Director at Fidelity. He was also a Non-Executive Director of Jupiter Fund Management plc from September 2011 to October 2016.
Glyn Jones, Chairman of the Board, comments: “I am delighted that Jon has agreed to join the Board as his skillset complements those of the other Directors. Jon’s excellent knowledge and understanding of the asset management industry will be invaluable as we continue to develop Old Mutual Global Investors and Quilter Cheviot. He will also help support this unique and successful wealth management business on its journey to an independent future.”
Notes to Editors:
Old Mutual Wealth Board of Directors:
Glyn Jones, Independent Non-Executive Chairman
Paul Feeney, Chief Executive Officer, Old Mutual Wealth
Bruce Hemphill, Group Chief Executive Officer, Old Mutual plc
Ingrid Johnson, Group Finance Director, Old Mutual plc
Mark Satchel, Corporate Finance Director, Old Mutual Wealth
Tim Tookey, Chief Financial Officer (subject to regulatory approval), Old Mutual Wealth