Clive Snowdon has been appointed as group managing director of the Moore Group; the first senior position to be announced since the fund business was acquired by First Names Group in January.
Snowdon will replace Ian Moore as managing director, who in turn takes up his new position as executive chairman of the Moore Group.
During three years in Switzerland when Snowdon was COO of Gottex Fund Management Sarl, assets grew from under $1 billion to nearly $7 billion. His subsequent move was to become head of the alternatives fund administration business of Credit Suisse in Guernsey.
Prior to moving into the alternative assets industry, Snowdon spent over six years as head of Risk Control and Operations for Mitsubishi Corporation Finance PLC.
Ian Moore said: “I am delighted that [Snowdon] is joining the team here at Moore. His experience and skills cover all areas of our business and his familiarity with the Japanese market is an added bonus. His appointment means that I will be able to concentrate on my new role and I am really looking forward to that challenge.”
