14th July 2021 - Irish Life Investment Managers (ILIM) has today announced that Anthony MacGuinness will, subject to Central Bank approval, take on the role of Chief Investment Officer in January 2022. The position has been held for 14 years by Colm O’Neill who will step down from the role in December.
Anthony MacGuinness is currently the Deputy Chief Investment Officer and joined ILIM in 2004. As Deputy CIO, he has been responsible for designing and building key ILIM products, including Irish Life’s MAPS, which have proven extremely popular amongst customers.
ILIM Chief Executive, Patrick Burke has paid tribute to Colm O’Neill for service to the company’s clients and the ILIM team: “Colm O’Neill is one of the finest asset managers to have ever served Irish clients – he is an innovator, a scientist and a role model for those that have been privileged to serve with, and learn from, him. The expansion in breadth and superior performance of our strategies, through his tenure as CIO, has been phenomenal.
“Anthony MacGuinness has been working closely with Colm since his appointment as Deputy CIO in 2018 and will continue to ensure that our investment solutions evolve and remain ‘best in class’ amongst our global peers.”
Outgoing Chief Investment Officer, Colm O’Neill said: “I am proud and honoured to have led our talented investment team since 2007 and I am confident that the team will continue to drive ILIM’s growth under Anthony’s direction and leadership.”
Colm O’Neill will remain at ILIM as a non-executive director of the business and fund structures. During his time in the role, Colm O’Neill grew the ILIM team from 130 to over 210 investment professionals and assets under management from €34bn to €92bn.