UK – Stephen Millar, director of institutional business development at Insight Investments, has quit to join T. Rowe Price Global Investment Services as consultant relations chief for Europe.
Millar started his new position today after roughly three years at Insight. He is responsible for Europe, the Middle East and Africa.
Millar replaces Louise Bradshaw, who is due to move to T. Rowe’s Sydney office. There, she will oversee client service and consultant relations in Australia and New Zealand.
A spokesperson for T. Rowe Price told IPE that there would be a handover period between Bradshaw and Millar before she leaves in the summer.
Based in London, he will report to US-based global consultant relations director William Wendler, who was “delighted” to welcome Millar onboard.
“Stephen’s appointment, to manage consultant relationships across Europe, will help us build upon our efforts to establish strategic relationships with institutional investment management consultants throughout the region.”
According to T. Rowe Price Global Investment Services chief executive Todd Ruppert, Stephen is a powerful addition to their growing European based team.
He added: “Louise has done a great job for us and will effectively transport T. Rowe Price’s culture and capabilities to Australia, a move that has been planned since she joined our organisation in 2004.”
Before joining Insight Investments in 2003, Millar held senior institutional marketing positions at AXA Rosenberg Investment Management and Schroder Investment Management.
A spokesperson for Insight Investments told IPE that its institutional team has grown “substantially” recently. However, a replacement for Millar has not been named yet.
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