The former chief executive of Axa Framlington, who steered fund manager Framlington though its integration with rival Axa Investment Managers, has joined Gartmore as a non-executive director at a time when the company has been touted as a potential takeover target. It comes as it has also emerged that two other senior figures, including Gartmore’s general counsel, have left the company.

Robert Kyprianou, a well-known figure in London's asset management community, joined the board today, according to a statement published by Gartmore this morning.