New Chairman for TISA
TISA has announced that Tony Solway will replace John Brasington as Chairman of TISA from 1st July 2012. John is retiring after 12 years in the role and will continue to serve on the Board. Tony has served on the Board as a non-executive director since July 2008.
Tony Solway has extensive financial services experience, across a number of sectors and in many different contexts, gathered over a career of almost 30 years. He is Chairman of The IMS Group and is currently advising a number of stockbroking and asset management businesses in the City of London on matters of business strategy, governance and operational performance. Until 2008 he was responsible for the co-ordination of BNP Paribas’ UK wealth management businesses and was a member of both the UK Executive Committee and Holding Company Board. In this capacity, he was responsible for the development and oversight of asset management and securities services businesses (where he was UK CEO), alongside private banking, insurance and commercial real estate activities.
Tony Solway said:
“I am particularly pleased to become Chairman at a time when TISA is growing in influence within the industry. The recent completion of the re-registration project is an excellent example of how TISA is able to bring interested parties together to find a consensus solution to an issue that affects both the industry and the consumer. This has been made possible by John Brasington’s hard work during his tenure as Chairman to establish TISA as a credible force. I look forward to building on these achievements and continuing to raise TISA’s role both in thought leadership and in delivering practical solutions to the industry’s issues”.
John Brasington has been involved with the Association since its inception in 1991. He initially served on the Advisory Council and subsequently the Board, becoming Chairman in 2000. He commented:
“I am extremely proud to have been Chairman for the past 12 years but feel now is the time to hand over the reins. I am confident that Tony Solway, who has extensive experience of the UK and global savings and investments sector, will do an outstanding job of supporting the Association during its next period of development.”
Tony Solway becomes TISA Chairman with effect from 1st July 2012.
Ends
For further information, please contact:
Tony Vine-Lott, Director General, TISA – Tel: 01372 374728, Mobile: 07790 006108Email: tony.vine-lott@tisa.uk.com
Issued on behalf of TISA by Cauldron Consulting, contact Steve Radford – Tel: 020 3178 7238, Mobile: 07889 903786 Email: steve.radford@cauldron-consulting.com
Notes for Editors
Tony Solway
Tony is Chairman of The IMS Group and is currently advising a number of stockbroking and asset management businesses in the City of London on matters of business strategy, governance and operational performance. Until 2008 he was responsible for the co-ordination of BNP Paribas’ UK wealth management businesses and was a member of both the UK Executive Committee and Holding Company Board. In this capacity, he was responsible for the development and oversight of asset management and securities services businesses (where he was UK CEO), alongside private banking, insurance and commercial real estate activities.
The UK securities services business, BNP Paribas Securities Services, is a leading back-office outsourcing business in the UK, founded as part of Henderson in the 1990s, and becoming Cogent in 1998. This business provides fund administration, custodian and retail product administration services to asset managers, broker dealers and financial advisers in the UK. It is one of the largest fund administrators by value and a leading administrator of retail savings products, including ISAs.
Prior to this, Tony served as group administration director of Henderson Global Investors PLC between 1993 and 1998, with responsibility for all operations and IT globally, having previously held various IT positions within the Henderson group.
He started his career with Andersen Consulting (now Accenture) in 1980, having graduated with honours from Trinity College, Cambridge. Over the years he has served on various committees of the London Stock Exchange and the Institutional Fund Managers Association. Tony is a Fellow of the Chartered Institute for Securities and Investment. He is married with two grown up children and lives in central London.
The Tax Incentivised Savings Association (TISA)
TISA is the premier industry funded body in the UK retail savings and investment industry. By engaging with member firms, government, political parties, regulators and consumer groups TISA’s ultimate goal is always to further consumers’ best interests. It seeks to improve the range, features and quality of savings and investment schemes available whilst encouraging more people to save for their financial security and peace of mind. Uniquely, TISA is able to articulate the opinions of the whole savings and investments marketplace through its membership comprising over 120 member firms involved in the supply or distribution of products. TISA’s remit extends across the broad spectrum of savings vehicles & services and centralised investment propositions.
www.tisa.uk.com