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M&G Investments exec to join Columbia Threadneedle

Michelle Scrimgeour will serve as CEO for Europe, Middle East and Africa at Columbia Threadneedle Investments and CEO of Threadneedle Asset Management Ltd., Pensions & Investments reported, citing a spokeswoman.

Joining the firm in 2017, Scrimgeour will replace Campbell Fleming, who left to join Aberdeen Asset Management Plc as global head of distribution. She will also become part of the executive leadership team of Ameriprise Financial Inc., the parent company of Columbia Threadneedle Investments and Threadneedle Asset Management, according to the report.

The news outlet reported that Scrimgeour serves as chief risk officer at M&G Investments and a director of M&G Group.