Rolet Joins CQS as CEO - Press Release issued by CQS.

London -- December 22, 2018 (PPI-OT) / PRNewswire / Asianet-Pakistan: Following is the text of press release issued by CQS

Quote

CQS is pleased to announce Xavier Rolet, previously CEO of the London Stock Exchange, will join as Chief Executive Officer. Sir Michael Hintze, CQS' founder, will continue as CQS' Senior Investment Officer and will become Group Executive Chairman. Mr Rolet will begin as CEO on January 14, 2019.

(Logo: https://mma.prnewswire.com/media/801233/CQS_Logo.jpg)

As CEO, Mr Rolet will lead the Firm's next stage of growth, enabling Sir Michael to focus on investment management as SIO. Mr Rolet's appointment will harness his management experience and leadership skills with Sir Michael's investment acumen. Their complementary skillsets will enable CQS to more effectively meet client needs and grow.

Sir Michael Hintze, Founder and Senior Investment Officer, commented:

I am excited that Xavier is joining us and very pleased that we have been able to attract a CEO of such calibre who will help establish CQS for the long-term. He has the experience and has demonstrated he knows how to build financial services businesses. As CEO he will be responsible for managing and growing our firm. As Executive Chairman, I will continue to help shape CQS' vision and direction. This will allow me to dedicate my time to investment management, leading our investment teams and client engagement. I have a passion for markets. I enjoy problem solving and puzzles, and markets are one big puzzle.

It is imperative that we meet client needs, perform, build business resilience and provide opportunities for our people. Over the last several years we have invested in our investment management capabilities, strengthening our hedge fund, bespoke alpha and long only offerings. We have been institutionalising our business and we have professionalised by putting in place appropriate governance and hiring additional talent. Importantly, Xavier and I have known one each other for 35 years, having worked together early in our careers in finance. There is mutual trust and respect. Xavier is a man of great integrity and one of the best CEOs I know. He is the ideal candidate.

Xavier Rolet, CQS' Chief Executive Officer, commented:

CQS has a strong platform from which to grow. It has a great brand, investment management platform and talented people. I am very much looking forward to working with our teams to grow the Firm in a rapidly changing environment for...

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