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New boss for Russell Investments

Russell Investments has a new boss for its Australasian business. Long-time chief executive of the Asia Pacific region, Alan Schoenheimer has been promoted to a position in London.

Tuesday, November 11th 2008, 8:43PM
He will be replaced by Chris Corneil who was formerly managing director of Russell’s Investor Services.

Corneil said he looked forward to continuing to grow Russell’s Australian and New Zealand operations – reinforcing the organisation’s core manager research and investment strategy work, which the group has extended beyond its traditional institutional client base to advisers and individuals.

Corneil originally joined Russell in 1998 to work on the launch of Russell’s Gateway Investment Program, a strategic alliance between Russell and ANZ Bank. In 2003 Chris was appointed to lead the retail (adviser) business as it broadened its footprint through a range of new multi-manager investment programs and strategic relationships with major planner groups.

In February this year Corneil was appointed to head the combined retail and institutional services group, known as Investor Services.

Schoenheimer, has been promoted to head up Russell’s international business operations.

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