Redington announces senior hires as part of growth strategy
Redington, the leading independent investment consultant, has announced two senior hires to support its growth as a full-service investment consultancy and work towards its vision to make 100 million people financially secure.
Founded in 2006, the business – which advises on the full spectrum of asset classes, risk management tools and investment strategies – is now the fourth largest investment consultancy in the UK, providing advice on over £400bn for 75 clients. The new appointments form part of Redington’s strategy to grow in a disciplined way and develop the business under the leadership of Mitesh Sheth, CEO, who celebrates 12 months in the role today.
Zoe Taylor joins Redington’s management team as Director of Strategy. Reporting directly to Sheth, she will work closely with him across all of Redington’s strategic initiatives. In addition, she will work with Dan Mikulskis, the firm’s Head of Defined Benefit pensions, to execute its defined benefit growth strategy. Zoe joins from Aon Consulting where she was a member of the UK management team, and provided DB investment consultancy advice to a variety of pension schemes.
Ian Mills joins Redington as a Managing Director in the Investment Consulting team, reporting to David Bennett, Head of Investment Consulting. Ian is a qualified actuary with 19 years’ investment consulting and investment banking experience. He started his career at Punter Southall and migrated to PSolve Asset Solutions at its inception in 2002 before joining Credit Suisse in 2004. He then spent eight years at Lane Clark & Peacock, latterly as a Partner.
As part of the structural move Paul Richards, previously Director of Strategy, will take up a new role as Head of Governance and Decision Research. Reporting to David Bennett, Richards will work with the consulting team to strengthen existing capabilities in helping clients overcome their governance challenges as part the firm’s drive towards integrated business services. Prior to joining Redington, Paul held a variety of senior industry roles including Head of Manager Research at Aon Consulting and Managing Director of Goldman Sachs Asset Management.
Commenting on the appointments, Sheth said:
“The focus for my first year as CEO was to grow the culture, capability and infrastructure to support our vision (helping 100m people become financially secure). The Redington culture is vital to our success. Having people like Zoe, Ian and Paul will ensure we remain grounded in our core values, but continue to benefit from the knowledge, experience and challenge new talent brings.”
Commenting on the new role, Taylor said:
“I am delighted to be joining at such an exciting time of growth and opportunity. I have been impressed by Redington’s unique culture of innovation, learning and dedication to diversity, and look forward to contributing to its future.”
Commenting on the new role, Mills said:
“I’m really excited to be joining Redington, the UK’s fastest-growing and most innovative consulting firm. I’ve known Rob Gardner and Dawid Konotey-Ahulu for a number of years and have admired the fantastic team they’ve built. I’m delighted to now be part of that team. I’m looking forward to helping DB pension schemes make better investment decisions and using my experience to contribute towards our vision of making 100m people financially secure.”
Commenting on the new role, Richards said:
“We believe there are compelling forces that mean 2017 will be remembered as the year the industry got serious about governance. Over the last several years, Redington has undertaken a number of governance projects for some of the UK’s largest schemes. We intend to build on this experience providing insight and support that will let our clients effectively tackle their most challenging decisions.”