Polar Capital Holdings plc announced the appointment of Gavin Rochussen as the new CEO. He joined the Company to succeed Tim Woolley with immediate effect. Tim moves to a non-executive position.
Prior to Polar Capital, Gavin was group CEO of J O Hambro Capital Management the active equity investment boutique acquired by Australian listed fund management group BT Investment Management Limited.
Whilst CEO of JOHCM Gavin led the business as it grew from £1.5bn of equity assets under management to £23.9bn at 30 September 2016. Prior to his time at JOHCM Gavin was, from 2003 to 2008, CEO of Fleming Family & Partners.
Gavin Rochussen, CEO commented: “I have known and respected Polar Capital for many years. It has a boutique culture, ethos and modus operandi with a successful team in place and the opportunity to grow, all the key ingredients that I was looking for when I wanted another challenge.
“I am passionate about investors achieving superior returns through active management and want Polar Capital to remain investment led. Distribution will be an area of focus for me and I look forward to working with the sales and distribution team to focus on diversifying client segments and broadening the geographic appeal for Polar’s specialist, highly active offering.”
Tom Bartlam, chairman of Polar Capital added: “Gavin has a proven track record of successfully managing a boutique equity investment house and we look forward to him taking over the reins. He will be focused on growing the business and delivering performance to clients.”