Iain A. Watt

IAIN A. WATT joined Edinburgh in 1986 to spearhead the
expansion of the pension fund activities. He was appointed Chief
Executive in August 1995 following the restructuring of the company and
is a Director of Edinburgh New Tiger Trust plc and Edinburgh Dragon
Trust plc, the pacific investment trust companies managed by Edinburgh.
Before joining Edinburgh Fund Managers, Iain Watt was involved in the
early stages of the development of The Bank of Scotland Investment
Services Department and was made Manager of the Department at the age of
29. Over the next six years, he made certain that the Department became
a profitable entity while the Funds under Management expanded
substantially. Additionally, he was responsible for the management of
the Bank of Scotland Group Pension Fund. In 1982, he became a Director
of the British Linen Bank (the merchant bank subsidiary of Bank of
Scotland) responsible for managing the institutional pension fund
clients of the Bank and The Bank of Scotland Group Pension Funds. From
1969 until 1986, the Bank of Scotland Group Pension Fund grew from œ25
million in assets to well over œ400 million.