This week in personnel announcements and new hires, Jack Rivkin joined Altegris as chief investment officer, Kimberly Wright-Violich joined the CFP Board’s board of directors, and David Steyn went to Aberdeen Asset Management.
Also, Convergent welcomed Richard Wells; the Senate Finance Committee approved three nominees for positions at the IRS, the Treasury Department and the International Trade Commission; and New York Life named Katherine O’Brien chief human resources officer.
Jack Rivkin Named CIO at Altegris
Altegris has named Jack Rivkin CIO. He will oversee the firm’s research and investments group and will be a member of the investment committee. He will also have overall responsibility for identifying, selecting and monitoring fund managers across multiple investment disciplines and will oversee asset allocation and research for the firm’s products.
Rivkin, who began his investment career as an analyst at Mitchell Hutchins, where he later became director of research, subsequently held several executive positions with PaineWebber, the acquirer of Mitchell Hutchins, including CFO of PaineWebber, CEO of PaineWebber Mitchell Hutchins (PaineWebber’s equity trading and investment arm), chairman of Mitchell Hutchins Asset Management and president of PaineWebber Capital. He later served as director of global research and head of the worldwide equities division of Lehman Brothers Inc.
Following that, he was vice chairman and director of global research at Smith Barney (ultimately a subsidiary of Citigroup), and an executive vice president with Citigroup Investments. He was CIO and head of private asset management at Neuberger Berman and subsequently continued as a trustee of the Neuberger mutual fund complex. Most recently, he was an executive advisor with Aquiline Capital Partners.
Kimberly Wright-Violich Elected to CFP Board’s Board of Directors
Kimberly Wright-Violich has been elected to serve a four-year term as a public member on the board of directors for Certified Financial Planner Board of Standards Inc. She was elected at the fall 2013 meeting. Her term begins Jan. 1.
Wright-Violich is currently a principal and co-founder in an impact investing and philanthropic advising firm and acting president of Echidna Giving. Echidna Giving is a social impact LLC committed to improving girls’ education in the developing world that was founded by the first employee at Google. Previously, she was the CEO and president of Schwab Charitable for 11 years.
Aberdeen Asset Management Names David Steyn Head of Americas
Aberdeen Asset Management announced that David Steyn will join the firm as head of Americas. He will succeed Gary Marshall, who will return to the U.K after four years in the position and continue to play a key role in the group’s business development. Marshall will transition his present responsibilities to Steyn over the next few months.
Steyn has more than 30 years of experience in the investment industry, based in both the U.K. and U.S. He joined AllianceBernstein Holding L.P. in 1999, served as its global head of distribution from April 2007, and served as its chief operating officer from July 31, 2009 to 2012. He ran both fixed income and equity investment teams in the U.K. and U.S. with organizations like Quaestor (from 1989 to 1999), Lazard (from 1986 to 1989) and Montagu (from 1979 to 1986). He spent his formative years as a fixed income portfolio manager at Montagu.
Richard Wells Joins Convergent