Peter J. Zuleba III was named president of Glenmede Investment Management, a spokeswoman said.
The position is new.
Mr. Zuleba will oversee the research, trading and portfolio management of equity, fixed income, alternative and risk management strategies. He will also be responsible for the division's sales, servicing and fund administration operations. He will report to Gordon B. Fowler Jr., CEO and chief investment officer of parent company Glenmede Trust Co.
Mr. Zuleba was director of investment strategy at Glenmede Investment Management. He will continue to fulfill the responsibilities of his former position in addition to his new role.
Glenmede Investment Management has roughly $11 billion of institutional assets under management.