Andrew Dyson was appointed CEO of Quantitative Management Associates, effective April 1, 2017, said spokeswoman Judi Flynn.
He will replace Scott Hayward who will leave QMA. Ms. Flynn did not disclose where Mr. Hayward was going at press time. A news release said he’s leaving “to take on a new challenge.” Mr. Hayward will remain at QMA through the rest of 2016 to work with senior leadership in order to help with the transition.
Mr. Dyson will be responsible for overseeing QMA’s investment organization, and its distribution and business management functions. He will report to David Hunt, president and CEO of QMA’s parent company, PGIM.
Mr. Dyson is executive vice president and head of global distribution at Affiliated Managers Group. AMG spokeswoman Alexandra Lynn said a search for a replacement is underway.
QMA had approximately $112 billion in assets under management as of June 30.