John G. Roman will be the new president of Citco-Quaker Fund Advisors, Inc. He will spearhead the expansion of the firm's mutual fund business and work to strengthen its distribution relationships with financial intermediaries.

Citco-Quaker funds have been in an "incubation period" during the last three years, according to company spokesman John Ward. They "built up a track record prior to conducting marketing," he said.

"Now that we know the funds work, it's time to go out and meet with clients," said Ward. He cited the movement towards active marketing of the funds as the reason for bringing Roman onboard.

Prior to Roman's hiring, John Lukan was CEO and president of Citco-Quaker Fund Advisors. He will remain in the CEO position, while Roman takes over as president. Lukan, Roman and Ward will work together in what Ward describes as "a tight knit company."

"While John's financial acumen is exceptional, it is his experience as a fiduciary that convinced me that he was the right person for this role," said Lukan. Ward described Roman's role at Citco-Quaker as that of an "advocate" for the funds. There are currently five funds in the Citco family, including the Sector Rotational portfolio (PSRPX), which received Morningstar's 5-star ranking in January.

Roman, a former professional football player with the NFL's New York Jets, became a certified trust and financial advisor in 1996. He comes to Citco-Quaker from The Bryn Mawr Trust Company, where he was head of the Wealth Management Division for the past two years.

Bryn Mawr Trust chairman and CEO Ted Peters is now running the Wealth Management Division. He is not currently looking to replace Roman. 

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