Ex-Man Chief Fink To Remain Tory Treasurer

Aug 23 2010 | 11:49am ET

Former Man Group CEO Stanley Fink will be keeping his third job for a little longer.

Fink, who heads hedge fund International Standard Asset Management and green investment firm Earth Capital Partners, had planned to step down as co-treasurer of the U.K.’s Conservative Party following May’s elections, which resulted in a Tory-Liberal Democrat coalition government. But Fink will remain on the job for at least a little longer, after Tory treasurer-designate David Rowland resigned from the job before even taking it up in October.

Rowland said he would decline the post to focus on his “developing business interests.”

Fink’s co-treasurer, Michael Spencer, is sticking to his plans to step down. But Fink will stay, despite his own developing business interests, as the party’s sole treasurer.

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