Tilney Smith & Williamson bags ex-Vanguard boss for board
Vanguard AUM grew to $5.3trn under Bill McNabb’s tenure
Tilney Smith & Williamson has hired Vanguard’s former chairman and chief executive as a non-executive director.
Bill McNabb became CEO of Vanguard, the world’s largest mutual fund manager, in 2008 before retiring from the role in 2017 and continuing as chairman until 2018.
During his tenure, assets under management grew almost five-fold to $5.3trn (£3.9trn).
Since leaving Vanguard, McNabb has served in several non-executive roles, including as a board member of IBM and United Health Group, as well as global legal services firm Axiom.
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