Jayne Styles, CIO of insurance group Amlin, has joined UK retail investment broker Hargreaves Lansdown as a non-executive director.
Styles has also become chair of the FTSE 100-listed company’s investment committee, effective from October 23. Hargreaves Lansdown is the largest investment broker in the UK, administering more than £55 billion ($84.4 billion) for 727,000 individual clients.
Styles has been CIO at Amlin since 2002, overseeing multi-asset, multi-manager portfolios for the specialist insurer and reinsurer worth more than £4.5 billion. She is also a member of Amlin’s management group, which sets corporate strategy, and was on a panel at CIO Europe’s Influential Investors’ Forum in May.
“Jayne’s highly relevant financial services background brings new skills and expertise to the board,” said Mike Evans, chair of Hargreaves Lansdown. “She is ideally qualified to assume the role of chair of the investment committee.”
According to Amlin’s interim results statement, the group made £96 million in investment returns in the first six months of 2015. This compared to £118.5 million for the whole of 2014.