BOSTON, July 25, 2012 /PRNewswire/ -- Old Mutual Asset Management (OMAM), the U.S.-based global asset management business of Old Mutual plc, announced today that it has named John Harrington as Vice President and Director of U.S. Consultant Relations. Mr. Harrington's appointment is the latest in a recent series of hires that underscore OMAM's continued commitment to its global distribution strategy.
In his new role, Mr. Harrington is responsible for providing consultants with greater insight and transparency into OMAM's strategy as well as its broad range of Affiliate investment capabilities. He will be based in Boston and report to Brian Carroll, Head of U.S. Distribution.
"We are pleased to welcome John to lead our consultant relations efforts," said Mr. Carroll. "John's successful track record of building strong relationships with the investment consulting community combined with his personal experience working for one of our Affiliates make him uniquely suited for this position."
"Old Mutual recognizes the significant role consultants play in our industry," said Linda Gibson, Head of Global Distribution. "John's appointment highlights our ongoing commitment to serving the consultant community and its clients."
Prior to joining OMAM, Mr. Harrington held various consultant relations positions, including Vice President, Consultant Relations and Sales (E&F) for Acadian Asset Management, an OMAM affiliated firm. Mr. Harrington launched his career 20 years ago with Fidelity Investments after receiving a B.A. in English from Boston College. He also holds an M.B.A and an M.S. in Finance from Boston College's Carroll School of Management and a Masters in Anglo-Irish Literature from University College in Dublin.
About Old Mutual Asset Management
Old Mutual Asset Management (OMAM) is a global multi-boutique investment organization, managing and growing a diverse portfolio of asset managers that serve institutional and individual investors around the world. The assets under management of OMAM's affiliated investment firms were $221 billion as of March 31, 2012. OMAM is the name through which Old Mutual (US) Holdings Inc. conducts its U.S. asset management business. Its parent company is London-based Old Mutual plc. More information on OMAM, its member firms, and their investment teams and strategies, is available at www.oldmutualus.com. Old Mutual Asset Management International is the global distribution arm of OMAM.
About Old Mutual plc
Old Mutual is an international long-term savings, protection and investment Group. Originating in South Africa in 1845, the Group provides life assurance, asset management, banking and general insurance to more than 12 million customers in Africa, the Americas, Asia and Europe. Old Mutual has been listed on the London and Johannesburg Stock Exchanges, among others, since 1999.
In the year ended 31 December 2011, the Group reported adjusted operating profit before tax of £1.5 billion (on an IFRS basis) and had £267 billion of funds under management from core operations.
For further information on Old Mutual plc, please visit the corporate website at www.oldmutual.com.
SOURCE Old Mutual Asset Management