Bloomberg News

Barings Fund Chairman Duckworth Joining U.K. SFO as Director

June 12, 2011

June 13 (Bloomberg) -- Simon Duckworth, the chairman of the Barings Targeted Return Fund, will join the U.K. agency that prosecutes white-collar crime as a non-executive director.

Duckworth, who is also a non-executive director of Fidelity European Values Plc and chairman of the National Olympics Security Oversight Group, will start in the role on July 1, the U.K. Serious Fraud Office said in a statement. His role will be to link the SFO with both the London police and business, the agency said.

The SFO and City of London police are the two main agencies for “identification, investigation and prosecution of major economic crime in this country,” Duckworth said, “a form of crime that has frequently been underestimated in terms of both complexity and its impact on a huge range of individuals and businesses.”

--Editor: Christopher Scinta

To contact the reporter for this story: Lindsay Fortado in London at lfortado@bloomberg.net.

To contact the editor responsible for this story: Anthony Aarons at aaarons@bloomberg.net.


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