UK – Edinburgh based AEGON Asset Management UK has appointed Colin McLatchie as managing director (MD) from January next year.
McLatchie has been chief operating officer at AEGON AM since joining the company in 1999.
Previously, he ran PanAgora Asset Management and before that, Wells Fargo Nikko (which later became Barclays Global Investors).
McLatchie will replace current MD, Russell Hogan, who will remain with the group in an advisory capacity before leaving altogether early next year. The two men have worked closely together in the continued development of the company’s institutional, retail and insurance market business since McLatchie joined.
Says David Henderson, group chief executive at AEGON UK: “I am delighted to announce Colin’s appointment. He is ideally positioned to lead the company forward into the next phase of its development as a major asset management provider.”