International long-term savings, investment and protection group Old Mutual has hired Paul Feeney as CEO of asset management for its Long Term Savings (LTS) unit, Financial Times reports. Effective early 2012, he will be in charge of all the Old Mutual LTS asset management operations in Skandia Investment Group, Old Mutual Investment Group South Africa and Nordic Asset Management.
Feeney will be reporting to Paul Hanratty, CEO of Old Mutual’s LTS arm. Previously, he was with global provider of investment management products and services BNY Mellon Asset Management as head of distribution and executive director and managed all global distribution outside the U.S.
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