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People Moves: BNY overhauls global distribution; JPMorgan loses top portfolio manager; Robeco names new CEO

By NexChange
Asset Management

BNY Mellon revamps distribution team. John Herlihy has been named global head of institutional at BNY Mellon Investment Management. Herlihy, based in Boston, previously worked as global chief operating officer and head of global partnered solutions at the firm. Paul Sari has also been named co-head of global strategic accounts in the Americas. Cheryl Pipia is now co-head of global strategic accounts, based in London. Michael Gordon was named global head of insurance solutions. Joe Gennaco is now global head of boutique relations and consultant coordination. Jake Walker was appointed COO, global distribution. The firm is still hiring for co-head of global client engagement, based in London. Pensions & Investments

JPMorgan bond manager taking leave. Douglas Swanson is taking a leave of absence beginning October 1. He currently runs almost $52 billion in mutual fund assets, and serves as head of the U.S. value driven fixed income team. He is leaving to spend time wit family. InvestmentNews

Robeco names new CEO. Former Aberdeen Asset Management chief strategist David Steyn will replace Roderick Munsters as CEO, effective November 1. Munsters announced earlier this month that it was a "natural moment" for him to leave the Dutch asset manager. Reuters

Old Mutual loses COO. Paul Hanratty is leaving the financial services group after more than 30 years. He will stay on the board until March 2016, and will be available for the company until September 2016. MarketWatch

Old Mutual grabs Investec sales lead. Gary Dale is joining Old Mutual Wealth as head of advisory sales, effective November 30. He previously worked as head of intermediary sales of derivatives and structured products at Investec. Dale has also worked for Santander, Prudential, Norwich Union, and AXA. CityWire

BlackRock appoints head of U.S. wealth advisory business. Salim Ramji is replacing Frank Porcelli in the role. Porcelli is transitioning to become the unit chairman, with a focus on new offerings. Ramji'ss current role of global head of corporate strategy will be filled by Geraldine Buckingham. Salt Lake Tribune

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