Landing in the new role from Impax Asset Management where he was managing director, global business development and client services, Dhillon will be responsible for M&G’s institutional distribution across all asset classes.
He will report to Simon Pilcher, chief executive, fixed income.
While the lion’s share of M&G institutional business sits in fixed income, a spokesperson for the group said the creation of the role was to achieve a more coordinated approach to distribution.
The growth of multi-asset solutions in the institutional space means the dispersion between equity, real estate and bond investments will inevitably narrow. Pilcher said: “Ominder brings deep experience in client servicing and building international distribution teams, placing M&G on a firm footing as our institutional client base continues to become more international.”
Prior to Impax, Dhillon held senior business development positions at Fidelity International and Scottish Widows Investment Partnership.
He began his career as a corporate finance executive at Legg Mason before joining John Morrell & Co as director and portfolio manager.
Meanwhile Impax – the boutique asset manager focused on environmental markets and related resource efficiency sectors – has appointed Scott Thompson as sales director across UK, continental Europe and Asia.
He reports directly to chief executive Ian Simm.Thomson joins from Craigmore Sustainables, where he focused on sustainable investments in agriculture and forestry.
Prior to this he was head of EMEA sales at ETF Securities and has held roles at JPMorgan and UBS.
Simm added: “[Scott] has over eighteen years of wide-ranging experience across both equity and real asset products, together with a strong personal commitment to sustainability and resource efficiency markets. [He] will lead our sales activity across key channels at a time when we are experiencing unprecedented levels of interest in our products.”
