New boss for ABN Amro Craigs

Frank Aldridge has been appointed chief executive of ABN Amro Craigs, following a decision by the company's founder Neil Craig to step back from day-to-day operations.

Before joining ABN Amro Craigs in 1997, Aldridge was an analyst at the New Zealand Stock Exchange.

Several new senior appointments have also been made. Bill Cunninghame has left Goldman Sachs JBWere and will join ABN AMRO Craigs as director of asset management and a senior adviser on November 7, and former Aon Consulting principal of investment consulting, Graham Evans, has been appointed head of asset management.

Craig, who is managing principal as well as chairman, will remain with the brokerage as executive chairman and head of investment banking.