Mark Sullivan was named head of institutional business development and consultant relations at Keeley Asset Management, Mr. Sullivan said in an e-mail.
The position is new. Mr. Sullivan is responsible for expanding the existing institutional business, and focusing on relationships with consultants and plan sponsors. He reports to Kevin Keeley, CEO.
Mr. Sullivan was a director responsible for public funds and consultant relations at Allianz Global Investors. Allianz spokeswoman Megan Frank could not be reached by press time for information on a replacement.
Keeley Asset Management has $5 billion in assets under management.