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Anne Richards

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Anne Richards
Speaking at the 2021 World Economic Forum
Born1964 (age 59–60)[1]
Edinburgh
NationalityBritish
Alma materUniversity of Edinburgh
INSEAD
Occupation(s)CEO, Fidelity International

Dame Anne Helen Richards DBE CVO FRSE (born 1964) is the chief executive officer of the investment management company Fidelity International.[2]

Previously, she served as chief investment officer of Aberdeen Asset Management and chief executive officer of M&G Investments.

Early career

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Scottish-born, she was educated at the Royal High School, Edinburgh. Richards began her career with a research fellowship at CERN, after graduating from the University of Edinburgh with a First-Class Honours degree in Electronics and Electrical Engineering. She subsequently worked for Cambridge Consultants, before pursuing further studies in France at INSEAD graduating as MBA.[3]

City career

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Richards worked initially as an analyst with Alliance Capital, before moving to JP Morgan, working in portfolio management, and then moving on to Mercury Asset Management, and later MLIM. In 2002 she took up the post of Chief Investment Officer and Joint Managing Director of Edinburgh Fund Managers plc. When EFM was taken over by Aberdeen Asset Management in 2003, Richards continued in her role as Chief Investment Officer.[3]

It was announced in February 2016 that she would be taking over from Michael McLintock as chief executive of M&G Investments from June 2016. In July 2018, it was announced that she would leave M&G Investments, following the merger to become M&G Prudential (and subsequent demerger from Prudential UK), to join Fidelity International as chief executive officer.[4]

In 2021, Richards led development of a range of flexible working options at Fidelity International, following the COVID-19 lockdown.[5]

In November 2023, Richards announced her intention to step down from full-time executive life, and transitions to the role of Vice Chair of Fidelity International.[6]

Non-executive positions

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Richards was Vice-Convener of the Court of the University of Edinburgh and is a former director of both the Esure Group plc and the Scottish Chamber Orchestra.

She is a member of the US-based Board of Leaders of 2020 Women on Boards, which works to increasing the proportion of women on corporate boards.[3]

Richards chaired the CERN and Society Foundation Board from 2015[7] to at least 2019.[8]

Fellowships and honours

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Dame Anne is a Chartered Engineer (CEng) and a Fellow of the Chartered Institute for Securities and Investment (FCSI),[3] and in March 2016 she was elected a Fellow of the Royal Society of Edinburgh (FRSE), Scotland's national academy for science and letters.[9]

Appointed Commander of the Royal Victorian Order (CVO) in 2014, Commander of the Order of the British Empire (CBE) in 2015, she was promoted to Dame Commander of the Order of the British Empire (DBE) in the 2021 Birthday Honours for "services to financial services, women, education and science".[10]

She was named on Fortune's list of Most Powerful Women in 2023.[11]

References

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  1. ^ Sarah Jones (1 February 2016). "Prudential Names Aberdeen's Anne Richards as CEO of M&G Unit - Bloomberg Business". Bloomberg.com. Retrieved 28 March 2016.
  2. ^ Financial Times. "Anne Richards quits M&G to become CEO of Fidelity International". Financial Times. Retrieved 26 July 2018.
  3. ^ a b c d "Anne Richards - Davos 2014 - Aberdeen Asset Management". Aberdeen-asset.com. Retrieved 28 March 2016.
  4. ^ "Anne Richards Quits M&G to Head $414 Billion Money Manager". Bloomberg.com. 27 July 2018.
  5. ^ Kelly, Jack. "Fidelity International Asked Its Employees To Choose What Work Options Are Best For Them". Forbes. Retrieved 20 August 2021.
  6. ^ Gyftopoulou, Loukia (20 November 2023). "Fidelity International CEO Anne Richards Unexpectedly Steps Down". www.bloomberg.com. Retrieved 22 November 2023.
  7. ^ "Helping CERN to benefit society". CERN. Retrieved 16 March 2020.
  8. ^ "Our People | CERN & Society Foundation". 30 December 2019. Archived from the original on 30 December 2019. Retrieved 16 March 2020.
  9. ^ "The Royal Society of Edinburgh | 2016 Elected Fellows". Royalsoced.org.uk. Archived from the original on 8 October 2016. Retrieved 28 March 2016.
  10. ^ "No. 63377". The London Gazette (Supplement). 12 June 2021. p. B8.
  11. ^ "Most Powerful Women". Fortune.