Richard Keri was named senior vice president, business development, at Shenkman Capital Management, according to Nick Keyes, Shenkman senior vice president and director of business development.
The position is new. Mr. Keri will develop strategic relationships within the private bank and subadvisory insurance channels. He will report to Mr. Keyes and Bob Sherman, chief operating officer.
Mr. Keri was head of global private banking at OppenheimerFunds. He was replaced by Mark Santero, who was formerly head of distribution operations at OppenheimerFunds and promoted to the new position of head of the private bank, trust bank and family office division, according to company spokeswoman Kaitlyn Downing.