Christopher Vale will become CEO of Rexiter Capital Management, effective Jan. 1, confirmed Rexiter spokeswoman Sharon Power.
Mr. Vale will succeed Kenneth King, founder, chairman and CEO, who will retire at the end of 2010.
Jared Chase, a senior managing director at State Street Global Advisors and chairman of State Street Global Alliance, will add the role of chairman of Rexiter.
Rexiter is the London-based affiliate of State Street Global Alliance focused on investments in Asian emerging markets. Mr. Vale will retain his duties as Rexiter’s Asian chief investment officer.