Impax Asset Management has announced the appointment of Stuart White, former CEO of HSBC Asset Management UK, to the newly created position of Executive Director, Business Development.
White brings 15 years of experience from HSBC, where he held various roles, including CEO for the UK and Global Head of Official Sector Institutions. He also served as CEO, International, Global Head of Strategy, M&A, Chief of Staff, and Head of UK Institutional. Additionally, White is a Non-Executive Board Director of the National Employment Savings Trust Corporation (NEST), the UK Government’s workplace pension scheme.
In his new role at Impax, White will be responsible for implementing the firm’s strategy and business development, initiating and managing client partnerships, and leading the evolution of the company’s systematic equities commercial strategy. Based in London, he will report to Ian Simm, Founder and Chief Executive of Impax, and will be part of the Management Committee.
Ian Simm commented, “Stuart is an impressive professional, with proven experience in driving profitable business growth and developing strategic partnerships across both institutional and wholesale client segments. His background also makes him an ideal leader to spearhead our strategy to grow our systematic equities product suite, an area where we are seeing increasing interest from clients.”
White expressed enthusiasm for his new position, stating, “I’m thrilled to join Impax, and look forward to working with Ian and the team on expanding the business, evolving our partnerships with clients and developing investment capabilities. I’ve long admired Impax for its leadership in understanding the transition to a more sustainable economy and its heritage in investment management; it now has a tremendous potential to expand.”
