Richard Rubinstein was named senior vice president-equities, a new position, at the YMCA Retirement Fund Inc., New York. He will manage an internal $900 million large-cap core domestic equity portfolio. He had been senior vice president and portfolio manager at OppenheimerFunds, New York; no information was available on whether he will be replaced.
Ronald C. Ognar was named vice chairman of Strong Financial Corp., Menomonee Falls, Wis. Mr. Ognar will give up day-to-day portfolio management responsibilities but remain an adviser to the growth equity team; he will also advise on corporate-level issues, said Drew R. Wineland, spokesman. Bruce C. Olson now will manage the Strong Large Cap Growth Fund; Brandon M. Nelson will manage the Strong Advisor Mid Cap Growth, Mid Cap Growth II and Growth 20 funds; and Thomas C. Ognar, Ronald's son, will manage the Strong Growth and Advisor Focus funds. Kevin Gaughan will be the co-manager for separate institutional accounts within each strategy. Each was the co-manager, along with Mr. Ognar.
Gretchen Lash was named chief executive officer of Roger Engemann & Associates, Pasadena, Calif. She replaced Roger Engemann, who will remain chairman of the firm.
Ms. Lash will also retain her job as chief investment officer, according to a statement from the company. She joined Engemann in October 2001 from William Blair & Co., Chicago.
David McKenna rejoined Advent International, Boston, as a partner. In this new position, Mr. McKenna will concentrate on growth equity investments and buyouts in North America, with an emphasis on industrial technology. Mr. McKenna had been a principal at Bain Capital, Boston, after leaving Advent in 2000. Information on his successor at Bain wasn't available at press time.
Doug Younkin was named to the new position of managing director for third-party distribution at Principal Global Investors, Des Moines, Iowa. He will market institutional investment products such as closed-end funds, separate accounts and mutual funds through the broker/dealer channel. Mr. Younkin was national sales manager for Credit Suisse Asset Management, New York, where his duties were assumed by others, said spokeswoman Suzanne Fleming.
Malcolm LeMay was appointed president of the European region for JER Partners, a new position at the McLean, Va., investment arm of real estate investor J.E. Robert Cos. Mr. LeMay will work from the London office and have overall responsibility for the development of strategy and the management of operations across the United Kingdom and continental Europe. He had been deputy chief executive and managing director at Morley Fund Management, London. A Morley spokeswoman said his duties were assumed by others at the firm.
Mark R. Anderson was hired as president and chief operating officer of Integrity Mutual Funds Inc., Minot, N.D. He replaces Robert Walstad, who will remain chief executive officer and chairman. Mr. Anderson most recently was a personal trust officer at Wells Fargo Bank North Dakota NA, Minot.
Also, Jerry J. Szilagyi was hired as senior vice president of new business development at Integrity. He will continue as president of Abbington Capital Group LLC, New York, a strategic consulting firm to financial services companies he founded in 1998.
Tuba Malinowski and Lori Perro joined Timbervest LLC, Atlanta, as managing directors in the marketing department, new positions. Both were vice presidents at Lend Lease Real Estate Investments, Atlanta, where they won't be replaced.
Bruce E. Kiley joined Overture Asset Managers LLC, New York, as chief financial officer, a new position for the newly formed aggregator of money managers. Mr. Kiley was founder of Chimney Cove Advisors, New York, which provided consulting services for midsized companies in New York and London. Chimney Cove will be closed.
Parker Johnson joined Parker Global Strategies, Stamford, Conn., as managing director and director of marketing and as a member of the hedge fund-of-funds firm's management committee. Mr. Johnson replaced Lisa Plateroti, who joined GE Capital Markets Services, Stamford, Conn., as senior vice president-capital markets readiness leader. Mr. Johnson was managing director responsible for sales and marketing of two funds of hedge funds at Tower Capital in New York; he will not be replaced.