Asset management company Woodford Investment Management has appointed Simon Osborne as Head of Compliance and Gavin St John-Heath as Chief Risk and Operations Officer.
The new roles are part of the company’s plans to build a sustainable asset management company and are commensurate to a rapidly growing business. The appointments bring together a team of experienced individuals who will identify, measure, and manage the operational and regulatory risks relevant to all major asset management companies.
Osborne has joined from Los Angeles-based Nuveen Investments where he worked since 2010, as Senior Vice President. Prior to this, Simon gained eight years’ experience managing teams in compliance divisions at PIMCO, in London and at its Newport Beach HQ.
St John-Heath has more than eight years’ experience having held several senior risk management and compliance roles across various market sectors with a number of leading companies, including Petronas Energy Trading. He holds a D.Phil. in Computational Neuroscience and will join from BlueQuant Capital Management on 1 January 2015.
The team has been bolstered by David Brailsford, who has joined as Data Architecture Delivery Manager from IBM and Vimal Patel, Business Analyst, who has joined from Abu-Dhabi-based sovereign wealth manager Mubadala Development Company, where he was Head of Investment Systems.
Newman, Chief Executive, Woodford Investment Management, says: “As our business continues to grow, the demands placed on our legal and compliance operation will intensify. We have brought in experienced specialists to help implement procedures, which will cement our goal of building a fund management company that has the cutting-edge operational platform needed in a regulation-heavy, post-financial crisis world.”