Nuveen Investments names chief of institutional sales

Maureen Beshar was named executive vice president, head of institutional sales, at Nuveen Investments, confirmed spokeswoman Kathleen Cardoza.

It is a new position. Ms. Beshar starts in December.

Ms. Beshar will work with Nuveen's seven money manager affiliates to “build strategic partnerships with clients and consultants, bringing Nuveen's multiple affiliate capabilities to institutional clients,” according to a news release.

Ms. Beshar will report to Tom Schreier, vice chairman of wealth management at Nuveen Investments.

Ms. Beshar most recently was managing director, head of institutional sales, at ClearBridge Investments. Spokeswoman Mary Athridge said Ms. Beshar's responsibilities will be split among members of the senior team.