Strategic Board Appointments to Enhance SEI's Vision
SEI Welcomes New Board Members to Propel Growth
SEI (NASDAQ: SEIC) has recently made significant strides in its governance by appointing Karin Risi and Tom Naratil to its Board of Directors. This strategic move is designed to enhance the company's leadership and support SEI's ongoing transformation. With a commitment to long-term growth, SEI continues to adapt to the changing financial landscape.
Leadership Experience and Insights
With a wealth of experience in wealth management, Risi and Naratil are poised to provide valuable insights to SEI. Their appointments come during a time when the company is focusing on innovation and long-lasting value for its clients and shareholders.
Karin Risi's Background
Karin Risi has an extensive background in the financial services sector. She has spent over 30 years in roles that include overseeing enterprise strategy and global investment product development at Vanguard, a leading investment firm. Throughout her career, she has led initiatives that focused on enhancing client engagement and developing innovative solutions. Risi's appointment to SEI’s Board highlights her capacity to drive strategic initiatives that will enhance the company's direction.
Tom Naratil's Expertise
Tom Naratil brings a unique perspective to SEI from his vast experience in financial services, primarily through his tenure at UBS. He held several key positions including Co-President of Global Wealth Management and Group Chief Financial Officer. His involvement with Lightyear Capital allows him to understand the synergies between financial services and technology, giving SEI a competitive edge in the evolving market.
Acknowledging the Departing Member
The Board also acknowledges the departure of Stephanie Miller, who has resigned to pursue other leadership opportunities. Her contributions have been greatly appreciated, and she leaves behind a strong legacy at SEI.
Vision for the Future
Karin Risi expressed her enthusiasm for joining SEI, noted, "SEI has a long track record of embracing innovation and delivering long-term value as they redefine enterprise solutions." Her forward-thinking approach aligns perfectly with SEI's vision to adapt and innovate in response to the asset and wealth management industry's rapid changes.
Commitment to Growth
Tom Naratil highlighted the importance of recognizing and seizing opportunities within the financial landscape. He stated, "There are seismic shifts happening across the industry, and capitalizing on those opportunities for growth is crucial to success in an increasingly competitive landscape." This illustrates his commitment to support SEI in achieving sustainable growth for its stakeholders.
About SEI
SEI (NASDAQ: SEIC) stands as a prominent global provider of financial technology and asset management services in the financial industry. SEI customizes its solutions to assist clients in effectively deploying their capital—whether it’s money, time, or personnel. This support aids clients in achieving their growth objectives. As of a recent reporting period, SEI manages around $1.6 trillion in assets, showcasing its robustness in the financial market.
Frequently Asked Questions
1. Who are the new board members of SEI?
The newly appointed board members are Karin Risi and Tom Naratil.
2. What experience do the new board members bring?
Karin Risi has extensive experience in wealth management from her time at Vanguard, while Tom Naratil has a long career at UBS and currently serves at Lightyear Capital.
3. What is the vision of SEI moving forward?
SEI aims to embrace innovation and deliver long-term value, adapting to changes in the asset and wealth management industry.
4. What happened to the previous board member, Stephanie Miller?
Stephanie Miller has resigned from the board to take on a new leadership role in the industry.
5. How much capital does SEI currently manage?
As of a recent reporting period, SEI manages approximately $1.6 trillion in assets.
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