Bringing you live news and features since 2006 

Tilney Smith & Williamson appoints former Vanguard CEO as a Non-Executive Director


Tilney Smith & Williamson, a UK wealth management and professional services group, has appointed Bill McNabb as a Non-Executive Director.

McNabb is the former Chairman and Chief Executive Officer of The Vanguard Group, Inc, the world’s largest mutual fund manager. At Vanguard he served in various leadership roles before being appointed Chief Executive Officer in 2008 and Chairman in 2010. He served as CEO for nine years, retiring in 2017 and continued as Chairman of Vanguard until 2018. During his tenure as CEO of Vanguard, assets under management grew almost five-fold to USD5.3 trillion and he oversaw a period of major product innovation as well as the build-out of the group’s advice service.

Since retiring, McNabb has served in a number of Non-Executive roles. He is a Board member of New York Stock Exchange listed groups IBM and UnitedHealth Group, as well as global legal services firm Axiom. He is a Board member of CECP: The CEO Force for Good, a US corporate sustainability initiative, and the Philadelphia School Partnership, a non-profit organisation focused on creating educational opportunities for students from low-income families. He is also Chairman of the board of the Zoological Society of Philadelphia. McNabb is a graduate of Dartmouth College and has an MBA from the Wharton School of the University of Pennsylvania.

Tilney Smith & Williamson was created by the merger of Tilney Group and Smith & Williamson which completed on 1 September 2020. The group is responsible for over GBP50 billion of client assets under management (AUM) and ranks as the UK’s third largest wealth manager by revenues and the sixth largest UK professional services firm when measured by fee income.

Will Samuel, Chairman of Tilney Smith & Williamson, says: “Bill McNabb has an outstanding track record as a global heavyweight in the investment management industry and he is a well-known champion of good governance. We are delighted that Bill is joining the Board of Tilney Smith & Williamson following the recent merger. The combination has created a unique business with an unrivalled proposition in the UK market, able to support clients with advice on both their personal wealth management needs and their business interests. Bill’s experience and insight will prove invaluable to Tilney Smith & Williamson as we complete the integration and embark on the next stage of growth and development.”

Latest News

HSBC Asset Management’s (HSBC AM) ETF and Indexing business has passed USD100 billion in assets under management (AUM), reflecting its..
Amundi’s ETF Market Flows Analysis for April reveals that investors added EUR54.1 billion to global ETFs in April with equities..
VanEck has reached USD10 billion in assets under management in Europe for the first time in April 2024...
Global index revenues increased 9.3 per cent in 2023, totalling a record USD5.8 billion, according to a benchmark study published..

Related Articles

Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Sean O' Hara
Pacer ETFs has announced the launch of three Cash Cows UCITS ETFs. The firm writes that this will give European...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by