AIMA Names Deputy Chief

Date: Monday, August 6, 2007
Author: FINalternatives.com

The Alternative Investment Management Association has named Andre Baker to the newly-created position of deputy CEO, where he will focus on battling regulation in the U.K.

The London-based lobby group said that Baker, currently chief operating officer of Schroder Investment Management, will handle day-to-day operations at AIMA. He will also be responsible for the U.K. market, while CEO Florence Lombard will handle the other 45 countries with AIMA members, especially in Europe and Asia.

“Our resources have been stretched for some time,” Lombard said. “AIMA identified the need to create this position because my role has changed quite substantially. We are dealing more with policymakers like the G8, who are increasingly looking at hedge funds.”