Fidelity appoints Times investment editor Miles

City fund manager Fidelity Investments has appointed The Times investment editor Richard Miles to head its UK corporate communications team

The new role was created to reflect Fidelity’s growing business, according to executive director of corporate communications Paul Kafka, to whom Miles will report.

‘The business has grown enormously in the past few years and the comms challenges get ever bigger and we need someone with [Miles’s] skill base,’ Kafka commented.

Miles will be responsible for a team of six, covering media relations, internal communications and corporate citizenship issues. Miles joined The Times seven years ago as banking correspondent and previously wrote for The Guardian.

It is not yet known when Miles will start at Fidelity. The organisation has been at the centre of criticisms of the trend for shareholder activism. Fund manager Anthony Bolton famously spearheaded the shareholder revolt that ousted Carlton chairman Michael Green last October.

The National Association of Pension Funds led criticism of James Murdoch’s appointment as chief executive of BSkyB last autumn.

His father Rupert Murdoch’s company News Corporation owns 30 per cent of the broadcaster.

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