US- Matthew Scanlan, former head of the Americas institutional business at Barclays Global Investors, has left the firm to become president and chief executive officer at Renaissance Institutional Management (RIM).
Scanlan is tasked with overseeing the firm's institutional client relationships and enhancing client service strategies.
James Simons, chairman and chief executive officer of parent company Renaissance Technologies, said: "We look forward to leveraging Matthew's deep industry relationships and expertise as we continue to expand our business worldwide and increase our sophisticated institutional clientele. We thank Steve, the architect of our institutional platform, for his many contributions to Renaissance and wish him all the best in his philanthropic endeavours."
Scanlan spent 12 years at BGI in San Francisco where he oversaw the firm's defined benefit, defined contribution, foundation, endowment and Taft-Hartley business in the US, Canada and Latin America. He is now based in New York.
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