Legg Mason appoint head of the Americas
by Richard Kilner
Story link: Legg Mason appoint head of the Americas
Legg Mason has announced the appointment of David R. Odenath as head of the Americas.
In joining Legg Mason he leaves behind Prudential Financial, where he was president of Prudential Annuities and co-head of International Retirement.
During his tenure Prudential constructed a forward-thinking, top tier variable annuity business built upon successfully integrating new acquisitions and organic growth.
Over a five year period the annuity business’s adjusted income rose from a moderate loss to $700m profit, with sales skyrocketing from $2bn to $12bn.
Earlier in his career he also held posts with Paine Webber and Hyperion Capital.
In his new post, Odenath will be responsible for mutual fund and retail managed account business, supervision of Legg Mason Capital Management, Corporate Marketing and Communications, Royce & Associates and ClearBridge Advisors.
Odenath will be directly responsible to Mark R. Fetting, president and chief executive officer.
Add to Bookmarks:
Related stories to: Legg Mason appoint head of the Americas
Legg Mason makes brace of senior appointments ...
Legg Mason hires US Product and Marketing chief ...
Legg Mason records quarterly profits ...No Comments »
No comments yet.Leave a comment
Previous: « Blackstone appoint leader for BAAM in London
Next: Moneybookers and Clickatell provide online mobile banking »
Visited 634 times, 2 so far today