Family Office
B of A investment manager names new sales chief
Ex-Robeco exec to head asset manager's intermediary and
institutional sales. Boston-based Columbia Management, part of
Bank of America's wealth- and asset-management business, has
hired former Robeco Group executive Michael Jones to run
distribution to intermediary and institutional channels.
Jones will start at Columbia in the middle of November.
Two-speed
"Mike is a highly experienced professional who will excel at
leading our institutional and intermediary teams," says Columbia
president Keith Banks. "He has the demonstrated sales expertise,
technical knowledge and leadership ability to lead these combined
functions."
Jones was co-president and senior managing director of Robeco
Investment Management, Rotterdam, Netherlands-based Robeco's U.S.
operations and the holding company for Boston Partners, Sage
Capital Management, and Weiss Peck & Greer .
The institutional and intermediary sales teams Jones is slated to
manage will operate independently from each other, just as they
do now, says Columbia.
Columbia provides investment management services and products to
institutional and private investors. It managed $517 billion at
the end of September 2006. -FWR
.