Elizabeth Krentzman, a legal luminary in the investment industry, has been appointed to the board of the OppenheimerFunds.

Elizabeth Krentzman, a legal luminary in the investment industry, has been appointed to the board of the OppenheimerFunds. The appointment is effect from August 1 this year, it said in a statement.  

She recently retired from Deloitte after serving as its US mutual fund leader.  Krentzman formerly served as the general counsel of the Investment Company Institute, where she was responsible for legal and regulatory initiatives affecting the Institute's member firms.

In addition to representing mutual fund interests before numerous US regulatory agencies and the US Congress, Krentzman worked with foreign regulators and international trade associations.

Before joining the ICI, Krentzman spent seven years at Deloitte & Touche as the leader of the investment management regulatory consulting practice. Prior to that, she served as an assistant director in the SEC's Division of Investment Management, where she was responsible for rules involving investment company reporting and disclosure obligations, and investment advisor regulation.

Krentzman is a member of the District of Columbia and Florida Bar Associations, and is a former chair of the District of Columbia Bar Investment Management Subcommittee.

She received her BA and JD degrees from the University of Florida and served on the University of Florida Law Review.

OppenheimerFunds provides advisory services to the Oppenheimer mutual funds, and OFI Global Asset Management provides services to institutional clients. OFI, including its subsidiaries, managed more than $249.2 billion in assets as of June 30, 2014.