MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, March 9, 2017 Mitchem Brings a Familiar Face to Wells Kristi Mitchem, president and CEO of Wells Fargo Asset Management, has brought former SSgA colleague Fred Axater to Wells as an executive vice president and head of strategic business segments, MFWire has learned. Axater was a managing director and the global head of defined contribution with SSgA where he oversaw product development, distribution, client service, operations, and marketing.
"Fredrik will be building a new team focused on establishing a deeper understanding of client needs and growing three strategic business segments: Defined Contribution; Environmental, Social, and Corporate Governance; and partnerships with the businesses that comprise Wells Fargo's Wealth and Investment Management division," Wells Fargo spokesperson John Roehm says. "These are areas of potential growth where we believe we can leverage our knowledge and investment capabilities to better serve both our retail and institutional clients." While SSgA considers how to fill Axsater's position, Nigel Aston, head of European defined contribution and a senior managing director, will assume additional responsibilities, an SSgA spokesperson says. The DC I-O team will now report to Aston. During the interim, managing director and head of the ESG team, Chris McKnett, will report to head of the America's Institutional Client Group, Barry Smith. Axater was with SSgA since June 2011. Printed from: MFWire.com/story.asp?s=55875 Copyright 2017, InvestmentWires, Inc. All Rights Reserved |
