SWITZERLAND/US - Philippe Sarasin, managing partner with international investment bank Lombard Odier & Cie in Geneva, Switzerland, has been elected chair of the board of governors of the 50,000-member Association for Investment Management and Research (AIMR).

Dwight D. Churchill, president of the fixed income division of Fidelity Management and Research Company was named as vice-chair and each will serve a one-year, volunteer term while continuing their respective professional responsibilities.

Sarasin is the association's first chair from outside the United States and Canada.
He heads a 20-member Board of Governors comprised of investment
professionals from seven countries - Switzerland, Canada, the United States, Bermuda, Japan, Singapore and Hong Kong.

Sarasin, comments: “AIMR today has global responsibilities and constituencies that the association could only have dreamed of just a decade ago.
"That requires a level of governance and international service more like
that of a multi-national corporation than a typical non-profit membership organisation."