Keith Jones, CEO of Morley Fund Management, will resign at year's end; he plans to take a short skiing break and then pursue "different challenges" elsewhere, according to spokeswoman Fiona Baker. "I think he will be looking for a chairmanship or non-executive-type role," Ms. Baker said. Mr. Jones joined Norwich Union Investment Management as managing director in 1999 and became CEO of Morley as the result of a merger the following year. MWM Consulting was appointed to conduct a search for Mr. Jones' replacement. Morley reported £155 billion ($295 billion) in assets under management as of June 30.