Specialist global insurer Hiscox has appointed James Millard as the group’s chief investment officer. Based in London he will report to Aki Hussain, group chief financial officer.
In his new role, Millard will be responsible for overseeing the management of the company’s $6.4bn of assets, as well as implementing overall investment policy and directing all portfolio management, research, trading and strategy.
Millard brings a wealth of experience across investment management, most recently at Aberdeen Standard Investments (ASI) where he served as co-head of multi-manager strategies, overseeing the management of £27bn of assets.
Prior to that, he was chief investment officer at Skandia Investment Group until its merger with Old Mutual Asset Managers, where he became director of investments and a member of the executive management team of Old Mutual Global Investors.
Hussain commented: “James’ track record of success in managing large, diverse investment portfolios across multiple asset classes makes him an excellent addition to our business. His results-oriented approach is in line with the strengths and discipline of our investment team. I look forward to working with him to deliver our investment strategy.”