Acemcl 0 Posted November 7, 2013 Share Posted November 7, 2013 David Somers, Chairman of the Investment Committee After graduating in Economic Studies David began his investment career with ten years in the investments department of ICI Pension Fund, before becoming the Managing Director and London CIO of Manufacturers Hanover Investment (now part of JPMorgan) and then taking a similar role at Nikko Capital Management. Following two further senior investment roles (as client director for Government, Local Authority and Central bank clients) he has taken on a Non-Executive portfolio.Currently he holds two non-executive director positions for FSA regulated entities (Europe Arab Bank and ACE Europe Life) and is Chairman of Trustees and of the Investment Committee for Doosan Babcock Energy Pension Scheme. In addition, he is the Independent Trustee for Fujitsu Technologies International Pension Fund and Chairman of the Investment Committee. He is a Fellow of the Association of Chartered and Certified Accountants and an Associate member of the Society of Investment Professionals. He is married with three daughters. He is a keen yachtsman. ---- 000 ---- BIOGRAPHY David Somers has extensive knowledge of the investment business, having held senior positions in the industry for over 30 years. David began his career with the ICI Pension Fund.In the 1980s he was Managing Director of Manufacturers Hanover Investment Management Ltd and in the 1990s Managing Director of Nikko Capital Management UK Ltd.In 2000 he joined Clerical Medical Investments Group to head up their institutional pension fund business.This company re-branded to become Insight Investment. David is Chairman of the Investment Sub-Committee for the Fujitsu Technologies International Pension Fund.In addition, he is a non-executive director of ACE Europe Life plc and a non-executive director, plus Chairman of the Audit & Risk Committee, for Europe Arab Bank plc. He was previously Chairman of Trustees for the Doosan Babcock Energy Pension Scheme. David has an Honours degree in Economic Studies, is a qualified accountant (FCCA) and is a CFA (ASIP) member. EuropeArabBank http://www.eabplc.com,'>http://www.eabplc.com, 10 Feb 2012 [cached] EuropeArabBank Non-Executive Director David Somers was appointed a Non-Executive Director of Europe Arab Bank in 2006.He supports the governance and risk management of the business, a wholly-owned subsidiary of the Arab Bank group.David is Chairman of Europe Arab Banks' Audit Committee. David is an experienced professional, with a career of over 25 years at a senior level in institutional investment management.During this time, his roles included the position of Managing Director of a US owned investment house, Manufacturers Hanover Investment Management, and subsequently he held the same role for the Japanese owned, Nikko Capital Management Ltd.In recent years, he was the Director of Pension Funds for Clerical Medical Investment Group responsible for over 340 pension fund clients, with assets of over £8 billion and, after its re branding to Insight Investment, became the Head of Institutional Funds. David graduated from the University of Newcastle upon Tyne in 1970, with a BA Honours in Economic Studies.He qualified as an accountant in the late 70's and is now a Fellow of the Association of Chartered and Certified Accountants.In addition he is a Member of the CFA Institute (ASIP). David is the FSA approved Chairman of the Shepherds Friendly Life Assurance Group and is Chairman of the Audit Committee for the Commission for Racial Equality.He is also a Director of EPIC Investment Advisers. In the pensions' area, he is an independent trustee for both the Fujitsu Technologies Pension Plan and the Mitusi Babcock Energy Pension Scheme.Since 1999, David has been associated with Hadlow (Agricultural) College as a Governor and Audit Committee member of the College. EuropeArabBank http://www.eabplc.com, 10 Feb 2012 Non-Executive DirectorShepherds Friendly Society - The Board http://www.shepherdsfriendly.co.uk, 10 Mar 2009 David has over 25 years of experience at a senior level in investment management of pension funds and life assurance assets.He is currently an FSA registered Director of EPIC Investment Advisers; Chairman of the Audit Committee for the Commission for Racial Equality and an Independent Trustee of the Mitsui Babcock Energy and Fujitsu Technologies Pension Schemes. ---- 0000 ---- Employment History ■ Chairman of the Investment Sub-Committee Fujitsu Technologies International Pension Fund ■ Non-Executive Director, Plus Chairman of the Audit and Risk Committee Europe Arab Bank plc ■ Non Executive Director and Chairman of Audit and Risk Committee Europe Arab Bank plc ■ Managing Director Manufacturers Hanover Investment ■ Chief Information Officer Manufacturers Hanover Investment ■ Chairman The Shepherds Friendly Society Limited ■ Non Executive Director The Shepherds Friendly Society Limited ■ Director of Pension Funds Clerical Medical ■ Non-Executive Director ACE Europe Life plc ■ Non Executive Director ACE Europe Life plc Board Memberships and Affiliations ■ Independent Trustee Fujitsu Technologies International Pension Fund ■ Trustee and Chairman of Investment Committee Fujitsu Technologies International Pension Fund ■ Chairman of the Investment Committee TCF Fund Managers LLP ■ Chairman of the Audit Committee Commission for Racial Equality ■ Board Member Europe Arab Bank plc ■ Board Member The Shepherds Friendly Society Limited Education ■ BA Honours , Economic Studies University of Newcastle upon Tyne All taken from http://www.zoominfo....omers/656138805 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted November 7, 2013 Share Posted November 7, 2013 He is a keen yachtsman I wonder if he knows Collyer Bristow old boy Gary Withey? 0 Quote Link to post Share on other sites More sharing options...
Steve1872 4 Posted November 7, 2013 Share Posted November 7, 2013 0 Quote Link to post Share on other sites More sharing options...
D'Artagnan 173 Posted November 7, 2013 Share Posted November 7, 2013 Nice touch that taking the role only in an acting capacity until approved. 0 Quote Link to post Share on other sites More sharing options...
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