American asset manager AllianceBernstein has named Jen Driscoll as new CEO for its Australia and New Zealand operations.
Driscoll will also continue to serve his current role as co-head of global client relations, Financial Standard has reported.
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Driscoll joined AllianceBernstein in 1997 in New York and was involved in setting up the firm’s London office before moving to Sydney in 2004.
AllianceBernstein also appointed Ross Kent as new executive director to focus on building the retail business.
Ross Kent has more than 20 years of experience in retail investment marketing and was responsible for the firm’s former retail distribution joint venture in Australia and New Zealand with AXA Asia-Pacific Holdings.
Bob Keith, New York-based executive managing director of AllianceBernstein, said: "These appointments better align our leadership resources to the way in which our Australian business is evolving in both the retail and institutional markets.
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By GlobalData"AllianceBernstein has long had a solid presence in the Australian institutional market, and we aim to continue building on that as we also begin to leverage our global retail capabilities among financial advisers in Australia. We see great potential for both businesses in this market," Keith added.
