PGIM Investments has made senior appointments across its marketing and technology functions, as well as expanded the roles of two senior executives.
The investment in top talent underscores the firm's ongoing commitment to serving its growing client base both in the US and internationally, the company said in a note.
With more than 25 years of investment management marketing experience, Ray Ahn joins PGIM Investments as global chief marketing officer. Most recently with Capital Group/American Funds, Ahn will lead the marketing strategy and marketing team expansion for the retail intermediary channels in both the US and internationally. At Capital Group/American Funds, Ahn led the firm's build-out of its international marketing function, as well as product marketing teams in the US. He previously held marketing roles at ProShares, T. Rowe Price and BlackRock.
Indy Reddy joins PGIM Investments as global chief technology and operations officer bringing to the firm 30 years´financial services industry experience. Having previously served as global head of technology and operations for Citi Private Bank & Personal Wealth Management, he will lead the build-out of the technology platform to support the firm's global expansion plans, overseeing teams spanning fund administration, transfer agency and client service. He previously held senior technology roles at Credit Suisse and Deutsche Bank.
In addition to augmented leadership in marketing and technology, PGIM Investments has expanded the roles of two senior executives.
The firm has appointed Jim Devaney as US head of distribution, expanding his responsibilities to include both US intermediary sales and US national accounts. US distribution has been a key contributor to PGIM Investments' growth, by helping to drive ten consecutive years of positive net flows totalling nearly $50bn over this time.
The US national accounts team was previously led by Kimberly LaPointe, who is moving to the newly-created role of head of PGIM Investments International. LaPointe has relocated to London and is focused on accelerating PGIM Investments' growth plans outside the US.
Launched in 2013, PGIM Investments' Ucits offering spans 29 funds registered in 17 countries across Europe, Latin America and Asia. The firm's Ucits range has grown from $1bn to $4.5bn over the past three years and established local distribution teams across the UK, Germany and Switzerland.
Stuart Parker, president and CEO of PGIM Investments, noted: "PGIM Investments is committed to bringing the best to our clients. We are continuing to invest in talent to serve our clients around the world."
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