Nuveen, a global investment manager with $906 billion in assets under management, is expanding its defined contribution investment "only" (DCIO) business with the hiring of five new executives, Nuveen announced Wednesday.
The new hires are part of a strategic growth initiative that began with the appointment of Erin Donnelly in April 2016 to lead the firm’s DCIO efforts, Nuveen says.
The new hires include:
Kate Jonas, who joined as leader of the Consultant Relations team and is based in New York. In this role, she supports the firm’s sales efforts in both the defined benefit and defined contribution plan markets, Previously, she was with BlackRock’s Global Client Group.
Christine Stokes, who joined as head of Retirement Practice Management and is based in New York. Stokes is responsible for enhancing the firm’s practice management offering in the retirement space to support the distribution growth strategy. Previously, she worked at Voya Investment Management.
Daniel Noschese, who joined the DCIO sales team and is based in Chicago. He was formerly with Putnam Investments.
Matthew Kasa, who joined the DCIO sales team and is based in Newport Beach, Calif. Kasa is responsible for DCIO sales and retirement advisor development in the Southwest. Most recently, she was a vice president for DCIO sales in the southwestern United States with American Century Investments.
Ashish Gandhi, who will join in mid-May with responsibility for DCIO institutional sales and based in Boston. Gandhi will execute Nuveen’s new business development efforts targeting large institutional clients. He was previously a director within LMCG Investments’ institutional business.