Jupiter Annual Report 2010 - Jupiter Asset Management

Governance | Directors’ report
1 Jamie Dundas
Chairman+^
Jamie Dundas was appointed as Chairman
of the Group in January 2008. Jamie is a
non-executive Director of Standard Chartered
PLC and is Chairman of its Board Risk
Committee. He was a non-executive Director
of J Sainsbury plc between 2000 and 2007
and of Drax Group plc between 2005 and
2010. After being called to the Bar, Jamie’s
early career was in banking at Morgan
Grenfell, where he became Head of
Corporate and International Banking. He was
subsequently Finance Director of the Hong
Kong Airport Authority, and Chief Executive
of UK-based property company, MEPC. He is
deputy President (formerly Chairman) of
Macmillan Cancer Support.
2 Edward Bonham Carter
Group Chief Executive
Edward Bonham Carter joined Jupiter in
1994 as a UK fund manager after working
at both Schroders (1982-1986) and Electra
Investment Trust (1986-1994). Edward was
appointed Chief Investment Officer in 1999
and Joint Group Chief Executive of Jupiter
Investment Management Group Limited in
May 2000. Edward became Group Chief
Executive of the Company in June 2007
and relinquished his role as Chief
Investment Officer in February 2010.
3 John Chatfeild-Roberts
Chief Investment Officer
John Chatfeild-Roberts joined Jupiter in
March 2001 to establish and lead the team
running the Jupiter Merlin portfolios; he also
took over as lead manager of the Jupiter
Global Managed Fund in November 2001.
He started his fund management career at
Henderson Administration plc (1990-1995)
where he latterly ran the fund of funds unit.
This was followed by a move to Lazard
Brothers Asset Management; here he
established their multi manager team before
joining Jupiter. John was appointed Chief
Investment Officer in February 2010.
4 Liz Airey
Non-executive
Senior Independent Director*^
Liz Airey was appointed as the nonexecutive
senior independent Director
of the Company in May 2010. She served
as Finance Director of Monument Oil and
Gas plc from 1990 to 1999, when it was
sold to Lasmo plc. She is currently a
non-executive Director and Chairman of the
JP Morgan European Smaller Companies
Trust PLC, a non-executive Director and
Chairman of the audit committee of Tate
& Lyle PLC and Dunedin Enterprise
Investment Trust PLC and Chairman
of the Unilever UK Pension Fund.
5 Lorraine Trainer
Independent non-executive Director*+
Lorraine Trainer was appointed as a
non-executive Director of the Company
in May 2010 and has been a non-executive
Director of the Board of Aegis Group plc
since August 2005. She has held a number
of human resource leadership roles in
international organisations, focusing on
performance and development. These
include Citibank NA, the London Stock
Exchange and Coutts, then part of the
NatWest Group. She currently runs a
business in board advisory work and
development.
6 Matteo Dante Perruccio
Independent non-executive Director*+
Matteo Dante Perruccio was appointed
a non-executive Director of the Company
in October 2008. He started his career in
financial services in 1986, spending six
years at San Paolo IMI before moving to
American Express Bank in 1992 as
Executive Director, Head of EMEA.
In 2000, he moved to Pioneer Investment
Management to head up the firm’s
international business before moving to work
in Milan, a posting that culminated in his
appointment in 2005 as CEO International/
CEO Pioneer Investment Management
SGR, Milan. Matteo left Pioneer in 2006
to take up the role of Co-Chief Executive at
Olympia Capital Management in Paris and
left in 2008 to found Hermes BPK Partners
LLP, where he is currently Chief Executive.
7 Michael Wilson
Non-executive Director+^
Michael Wilson was appointed a nonexecutive
Director of the Company in 2007
having been nominated by TA Associates,
Inc. He is a Managing Director of TA
Associates, Inc. and formerly served on the
Boards of Advisory Research, Chartered
Marketing Services, EYP Mission Critical
Facilities, K2 Advisors and United Pet Group.
Prior to joining TA Associates, Inc. in 1992,
Michael worked in Morgan Stanley’s
Telecommunications Group. In 1994,
he joined Affiliated Managers Group,
a TA-backed asset management platform
company, as Vice President and a member
of the founding management team. Michael
currently also serves on the Boards of
Cardtronics and Numeric Investors.
8 Philip Johnson
Chief Financial Officer
Philip Johnson joined Jupiter as Chief
Financial Officer in October 2009, with
responsibility for finance, tax, treasury,
compliance, risk and investor relations.
He started his career at Coopers &
Lybrand, where he qualified as a chartered
accountant. He left in 1996 to work in
Prudential plc’s group head office before
transferring to M&G in 2000. He spent eight
years at M&G Limited, with the last five as
Group Finance Director, after which he
worked at Marshall Wace LLP as Finance
Director for a year before joining Jupiter.
9 Richard I. Morris Jr.
Non-executive Director
Richard Morris was appointed a nonexecutive
Director of the Company in 2007
having been nominated by TA Associates,
Inc. He was previously Chief Operating
Officer, President, and finally Vice Chairman
of Putnam Lovell Securities Inc. (now part
of Jefferies International) which he joined
in 1997. Prior to joining Putnam Lovell,
Richard served as President and Chief
Executive Officer of Cursitor Alliance LLC,
a unit of Alliance Capital Management LP
(now AllianceBernstein LP). Richard
is currently a non-executive Director
of Arrowstreet Capital LP and serves
as an adviser to TA Associates, Inc.
+Member of the Remuneration Committee. *Member of the Audit Committee. ^Member of the Nomination Committee
Annual Report & Accounts 2010 33 Jupiter Fund Management plc