Sir John Gieve appointed to advise GLG Partners

7 December 2009

A former deputy governor of the Bank of England (BoE) has been appointed to advise GLG Partners on its business strategy.

Sir John Gieve has been hired to help provide economic guidance to GLG’s UK Equity business.

The finance professional, who spent three years as deputy governor at the BoE, will be advising the $2.37 billion fund on how to respond to changes in the government’s economic policy and regulatory infrastructure.

John White, managing director of GLG, said that Sir John’s “immense experience” in the financial services sector was the main reason for his appointment.

“His insights will be of great value to our investors and clients at a time when the UK is at a political, regulatory and economic cross-road,” he explained.

Sir John added: “I have been impressed by the quality of the people, the commitment to clients and the strong investment performance of the UK Equity Team.”

He held the post at has BoE from January 2006 until February 2009 and previously worked as permanent secretary at the Home Office and HM Treasury.

By Jim Ottewill

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