Insight Investment picks Great-West Lifeco ex-manager Raman Srivastava as CEO
By Andrei Skvarsky.
Insight Investment, a global asset manager owned by Bank of New York Mellon (BNY Mellon), is replacing its chief executive officer Abdallah Nauphal with Raman Srivastava, an ex-top figure in Canadian financial company Great-West Lifeco, who is due to take office this spring.
Srivastava, who has been appointed CEO designate pending his takeover from Nauphal, reports to Jose Minaya, global head of BNY Mellon’s investments and wealth division.
Srivastava will work with Nauphal, who is retiring, to ensure a seamless transition, statements on the Pension & Investments and Hedgeweek news websites said in citing Insight.
The statements credited Nauphal, who has been Insight CEO for 17 years, with a pivotal role in making the London-headquartered company a global leader in fixed-income and liability-driven investment with $889.2bn in assets as of September 30.
Srivastava served as executive vice-president and global chief investment officer in Great-West Lifeco.
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