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Alquity appoints new CEO

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Alquity Investment Management has appointed Brad Crombie as Chief Executive Officer and board member, effective 19 November 2018. He was previously Global Head of Fixed Income at Aberdeen Asset Management and has over 18 years’ experience in the industry.

The London-based firm has established a shared values business model, which connects investors and their investments to social progress in emerging markets. The firm’s investments target attractive long-term returns in Africa, Asia, and Latin America, through portfolios with Environmental, Social and Governance (ESG) issues at the centre of a holistic investment process. Alquity now manages over USD350 million, including a segregated mandate from one of the largest public pension funds in North America.
 
Paul Robinson, Founder and Chairman of Alquity, says: “Brad is a proven leader, with a strong investment background reinforced by his extensive commercial and emerging markets experience, client focus and exceptional people skills. We are delighted to have such an accomplished individual joining us to lead Alquity’s next stage of growth. Brad’s appointment will be invaluable as Alquity builds on its vision and strong foundations as a pioneer in responsible investments.”
 
Crombie started his career at Aberdeen Asset Management in 2000 and re-joined the firm in February 2012 from Bank of America Merrill Lynch, where he was Managing Director and Head of Corporate Credit and High Yield Research for Europe, the Middle East and Africa. He also played an early role in the FICC Markets Standards Board (FMSB), helping to establish clear standards and guidelines for conduct in Fixed Income markets. Crombie currently serves on the business strategy committee of the Global Risk Institute in Financial Services (GRI).
 
The outgoing Alquity CEO, Chris Wehbé will continue to assist the board during the transition before stepping down from the role.
 
Robinson says: “Chris has done an excellent job of developing the company’s systems and processes so that we can continue to scale the business for sustainable long-term success. We wish him all the best as he takes the next step in his career.”
 

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