MutualFundWire.com: Pioneer's Global Chief Says Arrivederci

MutualFundWire.com

The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication

Thursday, December 3, 2009

Pioneer's Global Chief Says Arrivederci

Dario Frigerio, CEO of Pioneer Global Asset Management, is departing his post. Milan-based Frigerio will leave at the end of January to pursue other opportunities.

"The change has no impact on the US operations," Pioneer spokesperson Geoff Smith told The MFWire.

In the US, Dan Kingsbury continues as president and CEO of Boston-based Pioneer Investment Management. He continues to report to Giordano Lombardo, deputy CEO of Pioneer Global Asset Management.

Pioneer is owned by UniCredito Italiano.

Company Press Release

UniCredit Group communicates that Dario Frigerio, Chief Executive Officer of Pioneer Investments and Deputy General Manager of the Group, is leaving the company to pursue new professional opportunities.

UniCredit Group would like to thank Dario Frigerio for the important contribution made to the Group over the years and wish him great success for his professional future.

Dario Frigerio will stay in his roles until 31 January 2010 in order to guarantee a smooth transition.

Pioneer Investments, the asset management division of the Group, plays a strategic role in UniCredit and is one of the leading international players with over Euro 170 billion of assets under management as of 30 September 2009.