How Capital Group’s CEO Is Helping Bring In A New Era Of Financial Prosperity

The most critical leadership position that exists at any corporation, particularly those corporations that exist in the worlds of investment and financial services is the position of Chief Executive Officer.

The person that is chosen to lead a company as its Chief Executive Officer is often responsible for determining the direction that the company will go in. They decide how each department, ranging from Marketing, to Accounting, to Technology or Product Development will harmonize their individual actions so that they can come together to achieve the vision that the Chief Executive Officer has set.

Given the importance of this role there is very little surprise that the international investment management company Capital Group selected investment professional Timothy Armour to serve not only as its Chief Executive Officer but also as the company’s Chairman of the Board.

It has been nearly two years since Capital Group’s Board of Directors completed the process to elect Armour as its Chairman of the Board. According to PR Newswire Armour’s election to the Board of Directors and his ascension to the position of Capital Group’s Chief Executive Officer is the culmination of a years long process to help fill a gap in leadership that was created by a loss at the company.

The Chairman of the Board that preceded Timothy Armour was Jim Rothenberg. After years of faithful service to Capital Group as its Chairman Rothenberg unfortunately passed away. Armour has been helping to honor the legacy that Jim Rothenberg left behind at Capital Group by helping to create opportunities for the company to grow and expand in international markets. One of the recent decisions that Armour has been part of was the development of a lucrative partnership with the South Korean conglomerate that is known as Samsung.

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The conglomerate is likely best known to businesspeople and consumers in the Western world as a manufacturer of mobile phones but the range of its business activities actually include much more than that. Samsung also happens to be the premier asset management company in the South Korean market. In addition to being known for building critical partnerships with strategic global partners like Samsung Timothy Armour is also known for offering prescient and vital investment advice.

Recently he predicted that companies would like be experiencing growth in the area of corporate earnings. According to Armour this expected growth in corporate earnings is also contingent upon the growth of the Gross Domestic Product of the United States and the growth of the GDP of other nations from around the world. He has also noted the importance of paying to attention to the fluctuation of interest rates that are set by the Federal Reserve.

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