Hugh Trenchard has been appointed director general of the European investment fund association, the European Fund and Asset Management Assoc...

Hugh Trenchard has been appointed director general of the European investment fund association, the European Fund and Asset Management Association. The position is a new one. Mr Trenchard is currently a director of Dryden Wealth Management, which was recently taken over by Fortis. Steffen Matthias, who set up the EFAMA in 1990, will continue in his role as secretary general and deputise for Mr Trenchard. “At the time when EFAMA enlarged the scope of its activities beyond investment funds to cover mandate-based asset management activities as a whole and its memberships beyond national associations to corporate members, it was decided to adapt its resources and structure to this broader role,” the group said in a statement.