The firm confirmed to this publication that Meltzer replaces Darren Walsh, OppenheimerFunds' former chief technology and operations officer, who left in July 2014.

Based in New York, Meltzer will be responsible for advancing the firm’s technology, infrastructure and data initiatives. He will report to Art Steinmetz, OppenheimerFunds' chairman and chief executive.

Prior to joining OppenheimerFunds, Meltzer served as CTO at Putnam Investments, where he led the creation and execution of technology strategy for applications, infrastructure and telecommunications.

He began his career in 1988 as a programmer analyst at Bloomberg LP. He later held roles at Bankers Trust Company of New York, Kidder, Peabody and Co, Reuters and Deutsche Bank.

OppenheimerFunds - a subsidiary of Massachusetts Mutual Life Insurance Company - and its subsidiaries offer products and services to individuals, institutional investors and corporations globally.