2 August 2007

 

ALLIANCE TRUST APPOINTS KELLY O’DONNELL AS MANAGING DIRECTOR OF DISTRIBUTION FOR ITS FINANCIAL SERVICES BUSINESS

 

Alliance Trust today announces it has appointed Kelly O’Donnell to the newly created role of Managing Director of Distribution for its fast-growing financial services subsidiary business, Alliance Trust Savings.  

 

Building on her existing responsibilities as Head of Investor Relations for the Alliance Trust group as well as running the Investment Trust Services business for Alliance Trust Savings, Kelly takes on responsibility for strategic development across the intermediary and institutional distribution channels of Alliance Trust Savings.  She will report to Janet Pope, Chief Executive of Alliance Trust Savings.

 

Kelly, who joined Alliance Trust in 2005, has already proved integral to the establishment of third party relationships with a number of investment trusts and to driving the transfer of specialist account administration business from trusts that include Investec, Martin Currie and, most recently, Montanaro.  In her new role, she will work closely with Alliance Trust Savings’ pensions and operations teams to build on the company’s existing service for intermediaries.

 

 Janet Pope, Chief Executive of Alliance Trust Savings commented: “Kelly has already worked extremely effectively to build the business and relationships of Alliance Trust and I’m delighted to welcome her to this important new role. Her work for the Investment Trust Services business has already been a key factor in Alliance Trust Savings’ successful growth and bringing her expertise and experience to bear across all our distribution channels means we can identify and move on opportunities right across the business.”

 

Kelly O’Donnell said: “Alliance Trust has been evolving rapidly since I came on board, and the management team has a clear vision of how the business will look in the future. This exciting new role gives me greater scope to influence strategic direction and to help drive through our ambitious plans by developing stronger and deeper relationships with our clients.”

 

Kelly has 15 years experience in financial services and began her career at Morgan Stanley in New York in US institutional equity broking and was later promoted to manage US equity sales trading from London.  She joined NatWest Markets in 1996 where she was Vice-President, UK Equity Sales.  She then moved to Scottish Widows Investment Partnership in 2003 as Investment Director for Investment Trusts.  She joined Alliance Trust as Head of Investor Relations in August 2005.

 

 

- ends -

 

 

 

Contacts

Emma Wylie/ Anna Schirmer

Lansons Communications

Tel  +44 (0)20 7490 8828

Email  alliancetrust@lansons.com

 

Web  www.alliancetrusts.co.uk 

 

 

Notes to editors

 

  1. Alliance Trust is an international investment and financial services group that manages around £3bn of assets. Alliance Trust Savings, a wholly-owned subsidiary of Alliance Trust, is a financial services company that offers investment dealing, self-invested personal pensions and a choice of investment wrappers. Alliance Trust Savings and its subsidiaries administer nearly £4.8bn on behalf of more than 44,000 customers (as at 31 January 2007).

 

  1. Photographs of Kelly O’Donnell are available.