AXA IM appoints Murdoch as global head of compliance

AXA Investment Managers has appointed Garry Murdoch as global head of compliance, reinforcing the firm’s commitment to maintaining the highest standards in risk management and oversight.

Based in London, he will be responsible for the coordination of the compliance teams internationally, working in close association with AXA IM’s legal and risk management departments. He will report to Christian Gissler, global head of risks and controls, who has overall responsibility for a division which combines risk management, legal affairs, compliance, and lobbying.

He AXA IM from the Financial Services Authority where he was a Technical Specialist in the Asset Management Department, responsible for leading thematic projects and reviews on issues of relevance to the industry. Prior to this, he was director of International Compliance at AllianceBernstein Ltd where he managed the firm’s international compliance departments from 2002 to 2008.

Christophe Coquema, global COO at AXA IM said: “In the environment of increasing regulatory complexity, financial services firms must ensure they are abreast of the issues affecting their clients, who trust them to understand and manage the impact of evolving accounting standards, financial, environmental and industry regulations. We continually seek to improve our proficiency in these matters as part of our value proposition for clients, and Garry’s arrival is another substantial step forward in consolidating our control and risk management activities.”

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