Executive leadership

The quality of our executive leadership team is key to our success. Our business takes its direction from our top-class leaders, whose skills and expertise inspire the rest of our teams.

Read about the M&G Group Limited Board, which oversees business strategy, structure, capital and financial reporting.

Anne Richards - Chief Executive


Anne Richards

Anne was appointed Chief Executive of M&G Investments and executive director of Prudential plc in June 2016.

Prior to this, Anne was Global Chief Investment Officer and Head of the EMEA region for Aberdeen Asset Management, a U.K. FTSE 100 listed company.

Before joining Aberdeen in 2003 Anne was joint Managing Director and Chief Investment Officer of Edinburgh Fund Managers, a boutique investment company also listed on the UK stock exchange.  Her investment career as a fund manager and analyst has spanned 24 years and included time with Mercury Asset Management, later MLIM, J P Morgan Investment Management and Alliance Capital.  Before moving into investment management, Anne spent six years working as an engineer, including a spell as a research scientist at CERN.

Anne has a degree in Electronics and Electrical Engineering from the University of Edinburgh and an MBA from INSEAD.

Anne is also on the Board of Leaders of 2020 Women on Boards, a US organisation which aims to increase the proportion of women on corporate boards. From 2012 until February 2016, Anne was a non-executive director of Esure Group plc.

Simon Pilcher - Chief Executive Fixed Income


Simon Pilcher

Simon Pilcher is a director of M&G Limited and chief executive of the Fixed Income division.

Before joining M&G in September 1998, Simon spent nine years at Morgan Grenfell Asset Management, where he led fixed income teams investing in investment-grade corporate bonds and major G7 government bond markets.

Simon has an honours degree in management studies from Trinity Hall, Cambridge.

William Nott - Chief Executive M&G Securities


Will Nott

Since 2006, Will Nott has been Chief Executive of M&G Securities, running M&G’s retail business in UK Europe and Asia. In 2015, Will was also elected Vice President of the European Fund and Asset Management Association (EFAMA), the leading investment management industry association.

Will has worked at M&G since graduating from Warwick University in 1984. Having managed retail and institutional funds for the first twelve years of his career, he gained commercial experience first as head of Institutional Business Development and then head of Group Sales. In June 2000 he became Chief Executive Officer of M&G International to oversee the development of M&G’s fund distribution into Europe.

Graham Mason - Chief Investment Officer - Equities, Multi-Asset, Retail Fixed Income, and Chief Executive, Equities


Graham Mason

Graham is responsible for the investment performance and processes for all M&G funds in the equities business, retail fixed income and multi-asset.

Graham was appointed to his role at M&G having undertaken a number of asset management roles within the Prudential Group since 1990 including Chief Executive of Eastspring Investments (Prudential's Asian fund management business), Chairman of Prudential Portfolio Managers South Africa, initially starting his Prudential career within Prudential Portfolio Managers within the UK. Graham has broad experience in asset management across both geography and asset class. As an investment professional Graham has directly managed equity, fixed income and asset allocation; and as an executive has, in addition to the traditional asset classes, been responsible for property, private equity and alternative assets.

Prior to joining Prudential, Graham worked at Old Mutual and Norwich Union.

Gary Cotton - Chief Operating Officer, M&G Investment Management and M&G Alternatives Investment Management


Gary Cotton

Gary Cotton is Chief Operating Officer of M&G Investment Management and M&G Alternative Investment Management. Gary joined M&G in February 1996. In 2001 he was promoted to Head of Equities Business Management where he was responsible for the day-to-day business management and operations of the Equities fund management business. He was appointed Chief Executive of Equities from November 2011 to November 2015. He is also a director of M&G Securities Limited.

Before joining M&G, Gary worked at Sedgwick Noble Lowndes.

Alex Jeffrey – Chief Executive, M&G Real Estate

Alex Jeffrey451 x 228jpg

Alex Jeffrey joined M&G Real Estate, the real estate fund management arm of M&G, as Chief Executive in July 2012. Alex has a wealth of experience in international real estate investment management and a strong track record of growing businesses. Before joining M&G Real Estate, he was founding shareholder and global Chief Investment Officer of MGPA, the independent private equity real estate investment advisory business, based in London and subsequently Singapore. During this time, he was involved in £5bn of real estate and development transactions across the UK, continental Europe and Asia. Prior to this, he worked in various senior investment management and corporate finance roles at Lend Lease Corporation, JP Morgan and HSBC. Alex has 28 years’ experience in real estate, investment management and finance. He has an MA (Hons) in Law from Cambridge University, and MBA from INSEAD and is a Fellow of the Royal Institution of Chartered Surveyors.

Grant Speirs - Group Finance Director


Grant Speirs

Grant Speirs joined M&G as group finance director in November 2008.

Grant was previously finance director of PPM South Africa for nine years, where he was responsible for investment operations, compliance, risk and IT, in addition to finance. Before this he spent two years at Maple Financial Group in the UK as a project accountant, before returning to South Africa. He originally qualified as a chartered accountant with Ernst & Young in Johannesburg in 1996.

Michelle Scrimgeour - Chief Risk Officer

Michelle Scrimgeour

Michelle was appointed Chief Risk Officer at M&G Investments in June 2012.

Before joining M&G, Michelle had a long career at BlackRock, previously Merrill Lynch Investment Managers (MLIM) and prior to that Mercury Asset Management. At BlackRock, Michelle was a member of the European Executive Committee which led the firm's US$1 trillion EMEA business and oversaw the integration of BlackRock and BGI in London. Her wide-ranging career has spanned all major asset classes and a variety of roles including BlackRock’s Chief Operating Officer for International Fixed Income; Global Head of Fixed Income Product for MLIM; Head of Alternative Investments in MLIM and senior roles in the Quantitative Equity and Transition Management businesses.

Jonathan McClelland - General Counsel


Jonathan McClelland

Jonathan joined M&G in 1995 and headed the Legal Services function within the combined Legal and Compliance department from 1999 onwards. Since then the Legal function has expanded considerably to meet increasing demands on it, both regulatory and business-driven. The department now comprises three distinct teams; Legal, Front Office Trading Legal Documentation and Company Secretarial. In April 2016, Legal and Compliance were separated into distinct central functions and Jonathan joined the M&G Limited Board as General Counsel. Jonathan also acts as the Executive Sponsor to M&G Pride, M&G's LGBT Network. Immediately before joining M&G, Jonathan was the Assistant Company Secretary of IMRO, the then regulator for the asset management industry for two years, and before that worked in private practice as a company/commercial solicitor. Jonathan graduated in law from Birmingham University in 1985.

Gareth Jones - HR Director


Gareth Jones

Gareth Jones has been HR director of M&G Group since June 2007. He was previously head of Organisational Development and Training, having joined Prudential's fund management business in 1998.

Before joining M&G, Gareth was managing consultant with a consulting business, focused on leadership development and project and risk management with a particular emphasis on the financial sector. In his early career Gareth held a range of commercial and business management and development roles. Gareth has an MA in Modern Languages from Oxford University.

In 2016 Gareth was appointed Chair of the educational charity NOCN.