The managing director of Walter Scott, Alan McFarlane, has announced that he will step down effective the end of December.
McFarlane will be replaced by the current joint head of Walter Scott’s investment management group, Jane Henderson.
Roy Leckie will continue as head of investment management and lead portfolio manager for the Walter Scott Global Equity Funds.
McFarlane will see through the transition of his role and remain with the company until March 31 2010.




