Management Promotions in Schroders Americas Region
Management Promotions in Schroders Americas Region
Schroders (the Firm) today announced the promotion of several executives across the Americas and new leadership positions. These promotions highlight the Firm’s commitment to its overarching growth strategy across key initiatives in North America, including expanding the brand around Sustainability, Diversity & Inclusion efforts and achieving operational excellence for our clients.
Tiffani Potesta will be promoted to Chief Strategy Officer, North America (NA). Tiffani has been with Schroders for over 9 years and currently serves as Chief Administrative Officer, NA. Currently, Tiffani leads Schroders’ NA business management and strategy. In addition to her oversight responsibilities across distribution strategy, marketing, product development and client service, she will focus on several additional strategic developments such as further establishing Schroders as a dominant brand in Sustainability. In her new role she will continue to work alongside Marc Brookman, Chief Executive Officer, North America.
Carin Muhlbaum will become Chief Administrative Officer, Americas. Carin has been with the Firm for over 20 years and currently serves as Schroders’ General Counsel, Americas. She will retain this role for the region as well as her current oversight responsibilities with respect to Risk and Compliance and will expand her role to include local oversight of Operations and Fund Administration.
Tiffani and Carin’s promotions align with Schroders’ commitment to building diverse teams that shape the prosperity of our business, individuals and future generations. Their contributions exemplify outstanding achievements within our industry and broader communities that have driven change and inclusivity across our workforce.
William (Bill) Sauer will become Head of Operations, Americas. Bill currently serves as Schroders’ Head of Investor Services and has been at the Firm for 14 years. He is currently responsible for managing Fund Administration and Product Implementation while overseeing the team responsible for Schroders’ branded products. In his new role, Bill will continue to be responsible for of Fund Administration and will be taking on additional responsibilities in Operations and Investment Services.
Mark Hemenetz, Schroders’ Chief Operating Officer, Americas, will retire at the end of May. He has been with the Firm for over 18 years and has been an integral part of Schroders’ recent expansion and has led such initiatives including the move of the U.S. headquarters and the acquisition and integration of STW and our Securitized Credit Team.
In relation to these management changes, Marc Brookman, Schroders NA CEO, commented:
“I am pleased to announce these changes as they represent opportunities for our management team to grow their careers at Schroders and demonstrates the Firm’s commitment to cultivating our next generation of leaders. This team helped me set the strategic direction of the North American business, resulting in a tremendous year of growth in 2020. We look forward to our executives enhancing cross-team collaboration in these new roles as we continue serving our clients with the utmost quality in today’s changing world of business. We thank Mark for his long-term commitment to the Firm and wish him well in retirement.”
For further information, please contact:
Jennifer Manser O’Rourke, Head of Corporate Communications, North America at Schroders
Sarah Levine, Prosek Partners
As a global investment manager, Schroders actively and responsibly manages investments for a wide range of institutions and individuals, to help them meet their financial goals and prepare for the future. The world is forever changing, and with our clients at the center of everything we do, we understand the need to continue to adapt and evolve our business in line with what matters most to our clients today, and in the future.
Schroders’ ongoing success is built on a history of experience and expertise, whereby we partner with our clients to construct innovative products and solutions across our five business areas consisting of Private Assets & Alternatives, Solutions, Mutual Funds, Institutional and Wealth Management and invest in a wide range of assets and geographies. By combining commitment to active management and focus on sustainability, our strategic capabilities are designed to deliver positive outcomes for our clients.
We are responsible for $785.1 billion* assets of our clients, managed locally by 42 investment teams worldwide. As a global business with over 5,000 talented staff across 37 locations, Schroders is able to stay close to our clients and understand their needs. Schroders has over 200 years of experience in investment and innovation and remain committed to creating a better future by investing responsibly for clients.
Schroders Private Assets and Alternatives business, a strategic growth area for the firm, manages $56.1 billion* in assets, including private equity, hedge funds, infrastructure finance, insurance-linked securities, commodities, real estate, impact investing and securitized credit.
Important Information: Schroder Investment Management North America Inc. (“SIMNA”) is registered as an investment adviser with the SEC, providing asset management products and services to clients in the US and Canada. SIMNA is a wholly owned subsidiary of Schroders Plc.
Further information about Schroders can be found at www.schroders.com/us.
*As of December 31, 2020
The views and opinions contained herein are those of Schroders’ investment teams and/or Economics Group, and do not necessarily represent Schroder Investment Management North America Inc.’s house views. These views are subject to change. This information is intended to be for information purposes only and it is not intended as promotional material in any respect.