Katherine Garrett-Cox
Katherine Lucy Garrett-Cox is a British business executive. She is the managing director and CEO of the UK subsidiary for the Gulf International Bank of Bahrain. She was previously CEO of Alliance Trust, a FTSE 250 publicly traded investment and financial services company, headquartered in Dundee, Scotland.
Early life
Katherine Lucy Garrett-Cox was born in November 1967. She was educated at St Mary's School, Ascot and studied history at Durham University, graduating with a BA degree in 1989.Career
Garrett-Cox joined Alliance Trust as chief investment officer in 2007, becoming CEO on 29 August 2008. Prior to Alliance Trust PLC, Katherine served as chief investment officer and executive director of Morley Fund Management, now Aviva Investors, and prior to that, as chief investment officer of Aberdeen Asset Management.In October 2015, a row with activist investors Elliott Advisors resulted in Garrett-Cox stepping down from the Alliance Trust board. The activist investors argued that the company's performance had been poor and that changes to the board were necessary. This row was slightly offset in April 2015 when Alliance agreed to appoint two of the three board member candidates recommended by Elliott, however ultimately, an agreement was in place to review the board situation in Autumn 2015. It was decided to move to an entirely non-executive board. Garrett-Cox remained as chief executive at Alliance, and moved back into a fund management role rather than a role running the wider business. Garrett-Cox left the Alliance Trust in 2016.
Garrett-Cox also serves as a member of the supervisory board of Deutsche Bank AG. She served as a member of the UK Prime Minister's Business Advisory Group from 2012 to 2015 and the Scottish Business Board, chaired by the Secretary of State for Scotland during the same period.