Seneca Investment Managers makes double Board appointment

Seneca Investment Managers makes double Board appointment

Seneca Investment Managers, the multi-asset value investor, announces the appointment of Peter Smith and Peter Elston to its Board, subject to the relevant permissions.

Peter Smith is head of policy strategy development at TISA, the financial services membership organisation working with UK political parties, European Parliament, Treasury, HMRC, DWP, The Pensions Regulator and the FCA, to enhance and improve savings and investment schemes to all UK citizens.

Previously Peter Smith was national sales director for the Platform & Distribution Division of Legal & General Group. His work included strategic planning on both legislative and tactical market developments and the management of key strategic relationships within the UK intermediary market. Peter will be a non-executive director, joining David Warnock, Steve Scott, Steve Charnock and Chairman, Ian Currie.

Peter Elston has been promoted to the Board of Seneca Investment Managers as an executive director, having joined the company in 2014. He retains his role as Chief Investment Officer at the firm. Peter Elston’s career began at Mercury Asset Management and he has spent over twenty years in Asia, most recently running Aberdeen Asset Management’s Singapore-based multi-asset business.

In addition to managing Seneca Investment Managers’ investment function, Peter is a frequently quoted commentator on asset allocation, market developments and economics. Peter joins Chief Executive David Thomas and Operations Director Elaine Smith as an executive member of the board.

David Thomas, Chief Executive of Seneca Investment Managers says: “The addition of Peter Smith and Peter Elston to our Board strengthens an already powerful team. Peter Smith’s knowledge of the long term savings industry is second to none, and his involvement will allow us to navigate the changing industry landscape with increased confidence. Peter Elston’s promotion is testament to our commitment to the distinctive and arguably unique “multi-asset value investing” style we have adopted. I welcome them both to their new roles.”

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