MONEY MANAGEMENT

GAM appoints head of institutional sales for U.K., Ireland

Ben Edwards was named head of institutional sales in the U.K. and Ireland at GAM, said a spokeswoman.

Mr. Edwards replaced Mark Willmott, who was head of U.K. institutional business. The spokeswoman said the role was expanded to include Ireland. Details on Mr. Willmott’s new role elsewhere could not be learned by press time.

Mr. Edwards reports to Tim Rainsford, group head of distribution.

Mr. Edwards joins from PIMCO, where he was head of U.K. and Ireland institutional sales. A spokeswoman for Pacific Investment Management Co. was not available to comment on a replacement by press time.