UK – Axa Rosenberg Investment Management has appointed Richard Worts as chief executive officer (CEO) and head of marketing of its European operation.

Worts, who will be based in London, replaces Jennie Paterson, who is moving up to become head of global sales, marketing and client services for the entire Axa Rosenberg group.

Worts joins from Global Asset Management, where he spent 13 years, most recently as head of private clients.

Paterson has been CEO and head of European marketing at Axa Rosenberg since 1991. She will be based primarily in London bit with much less involvement in the London-based European marketing operation.