Gary Rynhoud was named managing director and head of EMEA business development at consultant Wilshire Associates.
The role is new and based in London, a spokeswoman said.
Mr. Rynhoud is responsible for relationships with institutional investors in Europe, the Middle East and Africa, reinforcing the firm’s commitment to investors across the globe through a local and dedicated presence, a news release said. He leads business development for investment solutions and benchmarks at the consultant.
“Gary’s extensive international experience with institutional clients as a senior executive in the asset management and benchmark industry makes him well-positioned to further Wilshire’s goal of building strong client relationships and an increased presence across EMEA and into Asia-Pacific,” said Mark Makepeace, CEO, in the news release. “As Wilshire continues to grow and expand into new geographical markets, we remain committed to providing high-quality investment, benchmark and analytics solutions to a wide variety of clients across the financial markets ecosystem.”
About 10% of Wilshire's revenue is EMEA-based. The firm plans to further boost its European presence with significant staff additions in Amsterdam and London by the end of 2022, the spokeswoman added.
Mr. Rynhoud was head of business development, Middle East and Africa, at FTSE Russell. A spokeswoman declined to comment.