Justin Sato was named president of Veritas Investments, spokesman Ron Heckmann confirmed in an email.
The position is new. Mr. Sato will now oversee the investment group in addition to heading the portfolio management and capital markets teams. He will also work with Veritas CEO Yat-Pang Au in crafting the firm's growth strategy.
Mr. Sato was chief strategy and portfolio officer at Veritas. He will continue to oversee the responsibilities associated with this role.
Veritas manages $3.5 billion in assets.