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Allianz hires ex-Standard Life EMD boss to replace Saichin

Allianz hires ex-Standard Life EMD boss to replace Saichin

Allianz Global Investors has hired former Standard Life Investments head of emerging market debt (EMD) Richard House.

House joins as chief investment officer (CIO) for EMD at AllianzGI and succeeds Greg Saichin, who has decided to take a career break after five years with AllianzGI.

Based in London, he will report to Malie Conway, the firm’s global fixed income CIO.

House (pictured) returns to the industry after leaving Standard Life in September, following the merger with Aberdeen Asset Management.

It was understood House’s departure came amid wider changes under the merger deal which was formally completed on August 14 last year.

The integration of the Aberdeen Standard bond team saw Brett Diment, head of global emerging market debt at Aberdeen, overseeing the combined EMD operations with the Aberdeen Standard bond unit, which covers credit, EMD and aggregate investing.

House was originally brought to Standard Life by Euan Munro – now CEO of Aviva Investors. He was one of several hires which were designed to build a strong platform in a fast-growing platform.

Overall he has 25 years’ experience in the industry, and previously worked for Threadneedle, now Columbia Threadneedle. He left for Standard Life in 2012 after the firm overhauled its EMD division.

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