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Money Management

Martin Currie picks new CEO

Julian Ide

Julian Ide was named CEO of Martin Currie, a spokesman said in an email.

Mr. Ide replaces Willie Watt in the role effective March 1.

Mr. Ide was head of distribution and business strategy. There are no plans to recruit a replacement. Mr. Ide will continue to be closely involved in distribution, the spokesman said.

"After 18 years as CEO of Martin Currie, (Mr. Watt) believes the time is right for fresh leadership," the spokesman said. "Willie was clear throughout the search for a head of distribution that he was actively seeking to hire a likely successor, and in (Mr. Ide) he has found that person."