Jack Inglis, an alumnus of both Barclays and Morgan Stanley, has been named CEO of the Alternative Investment Management Association.
Inglis was a member of the global executive committee for prime services at Barclays and was previously CEO of Ferox Capital between 2007 and 2010. He also spent 16 years at Morgan Stanley where he was co-head of European prime brokerage from 2003-2007.
Andrew Baker, who has been CEO of the hedge fund lobby group since 2009, will step down as of the beginning of 2014.
Said Inglis in a statement: “I am delighted to be joining AIMA. It has a tremendously important role to play representing the industry globally and has been instrumental since the crisis in engaging positively with policymakers and regulators internationally. It has also done a lot of important educational work explaining the value that the industry provides to investors, markets and the broader economy.
“It is a tribute to the work of Andrew, the governing Council and AIMA’s staff that the organisation I will be joining is in such robust health. Nevertheless, the industry and the association undoubtedly face important challenges in the years to come and I look forward to working together with members, staff and directors of the association to meet those challenges.”
AIMA has over 1,300 corporate members based in over 50 countries.