Canada Life Asset Management has made a trio of promotions to “support future growth plans”, it announced this week.
James Stoddart steps up to the role of head of distribution – asset management, having joined the firm in 2017 as director of investment sales after 10 years at Royal London Asset Management. Prior to this, he worked for Cazenove Capital Management as head of institutional client administration and also held the role of head of UK client management at Gartmore Investment Management.
He has been tasked with continuing to expand Canada Life AM’s global sales and distribution across institutional, advisory and discretionary audiences.
Stoddart succeeds Ian Goulsbra, who retired as director of investment sales in July.
Also promoted is Rebekah Riddell, who takes up the newly created role of head of trading. She will support the growth of the firm’s trading business and facilitate the development of the team and its technology. She reports to David Marchant, managing director of Canade Life AM and CIO of Canada Life Ltd.
Rounding out the trio is Sanjay Patel, who has been promoted to director of global private debt. He has over 10 years’ credit experience and will work closely with senior fund manager Nicola Henry to develop Canada Life AM’s European private placement capacity.
Patel will report to Ward Argust, who is based in the US and is head of global private debt debt, as well as Roger Dawes, London-based head of fixed income – portfolio management.
No details were provided about Riddell and Patel’s previous roles. Portfolio Adviser has reached out to Canada Life Asset Management for more details.
Marchant commented: “We are delighted to make a number of senior promotions. These reflect the outstanding performance from the team and our growth, as well as our ongoing ambition to increase our global asset management solutions and capabilities to support our key audiences.”