Kate Hillyar was named U.K. business development director for the international business of Federated Hermes, a spokeswoman said.
The role is new. Effective Sept. 14, Ms. Hillyar will be focused on the U.K. institutional business, helping to drive new business and increase assets. She will report to Clive Selman, head of U.K. distribution.
"As we continue on this trajectory of growth, Kate's wealth of expertise and knowledge of the institutional distribution channel will further strengthen what is an already excellent team," Harriet Steel, head of business development at the international business of Federated Hermes said Thursday in a news release.
Ms. Hillyar worked at Aberdeen Standard Investments where she was senior business development director in the U.K. institutional team. A spokesman said her responsibilities are to be absorbed by the team.
Federated Hermes had $628.8 billion in assets under management as of June 30.