Natalie A. Brown was promoted to president of Mesirow Financial Holdings, working closely with Richard S. Price, chairman and CEO, on corporate-level strategy.
Ms. Brown assumed the role of president on May 18 from Dominick Mondi, who retired in February, spokesman Michael Herley confirmed in an email.
Ms. Brown was chief financial officer and chief administrative officer.
Jesse Keig replaced Ms. Brown as CFO and retained his former position of financial controller, Mr. Herley said.
Mr. Herley said Mesirow eliminated the chief administrative officer role, but Ms. Brown continues to handle the responsibilities of the position, including liaising with the firm's business leaders and its corporate-services unit in developing strategic goals and advising the firm's board of directors.
"Natalie is a natural leader with deep financial services experience and an ability to navigate through complex challenges and opportunities successfully. I look forward to partnering with Natalie on our corporate strategy," Mr. Price said in a news release.
Mesirow had $206.7 billion in total assets as of March 31 of which $113.5 billion was in currency management assets; $48.8 billion of assets under advisement; and $44.4 billion in other assets under management.