Colm McDonagh was named CEO of Insight Investment Management in Europe, a spokesman said.
He replaced Charles Farquharson, who is retiring from the industry and will leave the business in the first quarter of 2021, the spokesman said.
Mr. McDonagh relocated to Dublin from London, effective Thursday. He was also appointed executive director and a member of the board of Insight Investment Management Europe.
Mr. McDonagh leads Insight's Irish-domiciled funds business, which provides European Union-based clients with portfolio management services.
Mr. McDonagh was head of emerging market fixed income. Details of his replacement could not immediately be learned, although he will retain oversight of the emerging markets fixed-income team, the spokesman said.
"This latest appointment further increases the scale and expertise of our Irish business as we build our solutions capability to support our clients in the EU. Colm's long-term knowledge of Insight and investment experience adds to the strong operational and governance framework that we have built in Ireland and supports our future expansion plans as we seek to build on our successes to date," CEO Abdallah Nauphal said in a news release.
Insight had £731.5 billion ($940.5 billion) in assets under management as of Sept. 30.
