Both appointments are designed to help investors gain greater access to the firm’s range of investment capabilities across public and, increasingly, private markets.

Herbon joined the business on Monday in London, reporting to Neal Brooks, global head of product and distribution, the firm said in a statement. With over 20 years of international experience in financial services, Herbon will be responsible for leading M&G’s relationships with global financial institutions. He will work with Ignacio Rodriguez, head of Americas and US global banks, and M&G’s Asian distribution teams under the leadership of Amy Cho, to align and expand M&G’s partnerships across international markets.

He has joined from Natixis Investment Managers, where he was most recently head of global financial institutions. Prior to this, he held various positions at the Royal Bank of Canada, Union Capital Group and Merrill Lynch, the firm continued.

Meanwhile, Donner has been promoted to head of the Nordics. One of Europe’s key areas for institutional investors, Donner’s appointment reflects his contribution to broadening M&G’s footprint in Sweden, Denmark, Finland and Norway to around €4 billion ($4.4 billion) of assets under management, the firm said. He is based in Stockholm and reports to Robert Heaney, head of institutional distribution, EMEA.
Donner joined M&G in 2020 from BMO Global Asset Management, where he was responsible for institutional and wholesale business development and client relationship management across the Nordics.

“Over the past year we have been investing in and shaping our distribution capabilities to ensure we are best placed to provide clients with excellent service and to position us for growth across our investment platform,” Brooks said. “Martin and Otto have a wealth of experience and relationships in their respective areas and deep understanding of the challenges faced by our clients, and how M&G’s investment solutions can meet their needs.” 

M&G Investments is part of M&G, a savings and investment business which was formed in 2017 through the merger of Prudential plc’s UK and Europe savings and insurance operation and M&G. It is a wholly owned international investment manager, with over €388 billion of assets under management. M&G has customers in the UK, Europe, the Americas and Asia, including individual savers and investors, life insurance policy holders and pension scheme members.