AllianceBernstein promotes Ryan to sole head of EMEA Client Group
AllianceBernstein Holding has appointed Timothy Ryan, currently chief executive of AllianceBernstein Limited and co-head of the EMEA Client Group at the firm, as the sole head of AllianceBernstein’s EMEA Client Group.
The appointment is effective immediately. Richard Haxe, who co-led the EMEA Client Group with Ryan, is leaving the firm to pursue other interests, the firm said.
Ryan will continue to report to Robert Keith, AllianceBernstein’s head of institutional and retail client services, sales and marketing.
“In Tim’s first year of leading our UK office, he has continued to demonstrate the leadership qualities that made him successful in his previous role as CEO of AllianceBernstein Japan, a role he held since 2008. I’m confident he’ll continue this early success as the sole Head of the EMEA Client Group,” Keith said.
AllianceBernstein offers research and diversified investment services to institutional investors, individuals and private clients in major world markets.
At the end of September, AllianceBernstein Holding owned approximately 37.9% of the issued and outstanding AllianceBernstein Units and AXA, one of the largest global financial services organizations, owned an approximate 64.2% economic interest in AllianceBernstein.