OppenheimerFunds, an international asset manager, has appointed Kirk Reid as its new head of operations.
Reid will be accountable for developing and implementing platforms, processes, and capabilities essential for the firm to continue to boost its retail business while expanding in the high-net-worth and institutional spaces.
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Based in Denver, Reid will report to Eric Meltzer, chief technology and operations officer of OppenheimerFunds.
OppenheimerFunds chairman and CEO Art Steinmetz said: "Kirk’s appointment underscores our focus on delivering best in class business outcomes for our clients.
"Kirk is an accomplished expert in his field, and we’re delighted to have him join the firm to help develop and build operating infrastructure across OppenheimerFunds."
Before accepting the current role at OppenheimerFunds, Reid worked as senior vice president, global institutional operations, at Janus Capital Group.
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By GlobalDataPrior to that, he was responsible for retail marketing analytics and business intelligence and was a director of retail and call center operations at Janus.
Set up in 1959, OppenheimerFunds and its subsidiaries manages over $222bn in assets for over 13 million shareholder accounts, including sub-accounts, as of 30 November 2015.
