July 13, 2009
Tritt Promoted to EVP At DST Systems
Robert Tritt has been promoted to executive vice president of U.S. investment recordkeeping solutions at DST Systems, reporting to Stephen Hooley, president and chief operating officer. He was also recently appointed to the board of directors for Boston Financial Data Services, a joint venture between DST and State Street Corp.
Tritt now assumes responsibility for DST's full-service transfer agency operations. He will continue, however, to lead DST's businesses that provide application service provider (ASP) services to mutual fund operations, including TA200, which powers DST's transfer agency and sub-accounting businesses, as well as TRAC, DST's defined contribution platform.
In addition, Jonathan Boehm, who previously served as group vice president over DST's full service operations, is now EVP of DST, responsibly for subsidiaries DST Health Solutions and Argus Health Systems.
"As our clients' outsourcing requirements evolve, DST is prepared to handle a variety of dynamic recordkeeping scenarios," Hooley said. "By bringing both ASP and full-service operations under the single leadership of Bob Tritt, we build upon our reputation for efficiently meeting our clients' changing needs."
Tritt said, "The value of DST's investment recordkeeping solutions has always been predicated on our hands-on experience. The combination of these two business units will result in an even closer collaboration between developers and the operations staff they support."
Great-West Names Knight Regional Sales Director
Great-West Retirement Services has promoted Cindy Knight to regional sales director of 401(k) plans. Based in Denver, she will cover Colorado, Nebraska and Wyoming.
"I'm pleased that Cindy has joined our sales team," said Bill Harmon, vice president of 401(k) sales. "Her experience at Great-West provides a solid foundation for her new sales role. She further strengthens our ability to deliver retirement plan solutions to clients through our many third-party distribution channels."
Knight has been with Great-West Life & Annuity Insurance since 1997, working in relationship management, financial accounting and internal sales.
Subramaniam Becomes MD at TD Ameritrade
Ram Subramaniam has been named managing director, head of products at TD Ameritrade, responsible for all investment and financial products sold through the company's various channels. He reports to Peter Sidebottom, executive vice president of products, marketing and client experience.
He comes to the firm from Morgan Stanley, where he held a number of senior positions, most recently as head of banking, lending and accounts in the global wealth management group. Before that, he was head of strategy for the division. Prior to joining Morgan Stanley, Subramaniam was with The Boston Consulting Group.
MFC Global Hires Levert As Managing Director
MFC Global Investment Management has named Francoys Levert a managing director of sales and relationship management.
Levert reports to Frank Saeli, the head of sales and relationship management for North America.
Based in Montreal, he is to lead sales and relationship management for MFC Global in Quebec and eastern Canada.
Levert was a managing director at State Street Global Markets.
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