Aviva, Northern Trust, Schroders, Prudential Financial, American Century Investments
Aviva has appointed Trevor Matthews as chief executive of its UK business and an executive director of Aviva.
He will replace Mark Hodges who last week resigned from the board of Aviva to join Towergate Insurance as its group chief executive.
Matthews (pictured) is currently vice chairman of Friends Life and was previously chief executive of Friends Provident Holdings (UK) plc. (Global Pensions: 02 June 2011)
Northern Trust has named R. Peter Sanchez as chief executive officer of Northern Trust Hedge Fund Services.
The appointment will follow the closure of Northern Trust's acquisition of hedge fund administrator Omnium, where Sanchez is currently global head of business development and client service. The deal is expected to close in July.
Northern Trust Hedge Fund Services will operate as a division of Northern Trust's Global Fund Services business following the acquisition of Omnium from Chicago-based Citadel. (Global Pensions: 02 June 2011)
Schroders has appointed Western Asset Management's Rajeev De Mello as head of Asian fixed income.
He joins on 1 July and will be based in Singapore, where he will oversee Schroders' Asia ex-Australia fixed income investment teams in Singapore, Hong Kong, Tokyo, Jakarta,Seoul and Taipei.
At WAM, De Mello was country head of Singapore, senior investment officer and member of the global investment strategy committee. He was also lead portfolio manager for WAM's Asian local currency strategies. (Global Pensions: 03 June 2011)
Prudential Financial has appointed Kathryn Sayko as managing director for its Strategic Solutions Group.
Sayko joins Prudential's institutional client management team, where she will be responsible for building and expanding the firm's relationships with senior financial management at large corporations. She will report to Kevin Myers, head of the Strategic Solutions Group, and Phil Waldeck, head of Pension Risk Transfer for Prudential Retirement. (Global Pensions: 03 June 2011)
American Century Investments named Peter Cieszko, former president of Fidelity Investments Institutional Services Company, to the newly created position of senior vice president, North America.
Cieszko will be responsible for leading American Century Investments' North America-based client business with responsibility for all institutional and intermediary sales. Reporting to Michael Green, head of global client relationships, Cieszko will join the company later this summer.
In his new role, Cieszko will work with American Century Investments' North America institutional and intermediary sales leadership to deliver the firm's investment management expertise and solutions to North America-based clients, including corporate and public pension plans, endowments and foundations, as well as other financial institutions including wirehouses, regional and independent advisors, RIAs, banks and insurance companies.
Combined assets under management for the company's North America intermediary and institutional businesses are approximately $72bn, about 64% of American Century Investments' total assets under management of $113bn as of April 30, 2011.
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