SEI’s Leadership Evolution Reinforces Strategic Focus on Growth
OAKS, Pa., June 16, 2022 /PRNewswire/ — UTE® (NASDAQ: SEIC) today announced that Sanjay Sharma was appointed head of its Private Banking business segment. Sharma will be responsible for the overall strategy and growth of the business through the provision of comprehensive technology, operational and investment solutions for US and UK wealth management organisations. With over 25 years of global experience in the financial services industry, he brings deep knowledge to capitalize on current and future technology, operational and business trends.
Sharma has been with SEI for 14 years, previously serving as Chief Technology Officer and responsible for global IT strategy, execution and delivery of all SEI platforms and applications, including the SEI Wealth Platform.SM and SEI’s cloud strategy. Prior to joining SEI, Sharma ran a successful consulting business and held leadership positions overseeing revenue generation, market strategy and global delivery at top 10 IT consulting firms.
“The financial services industry is undergoing tremendous change, and with that change comes opportunity. We are well positioned to help wealth management organizations meet the challenges they face and transform their businesses to meet the investor demands. I am thrilled to take on this new role and continue to work alongside the incredible talent at SEI.”
Commenting on the appointment of Sharma as CEO ryan hicke said:
“We are focused on investing in our talent, reviving our culture and transforming growth, and SEI’s evolution is key to unlocking our potential. Sanjay’s expertise in the technology and wealth management landscape will be invaluable in advancing our business strategy. is a clear intersection of technology and business growth in today’s wealth management market, and we believe this trend will only accelerate. Our success is driven by the strength of our people and our leadership, and I’m confident that Sanjay will continue to help position our business. and our customers to successfully seize opportunities that drive future growth.”
Sharma is currently a member of the Digital Client Advisory Board of a top ten IT consulting firm in the world, a member of the board of directors of the Philadelphia Alliance for Capital and Technology, a member of the advisory board of a major venture capitalist, member of the advisory board of SEI Ventures, member of the advisory board of SEI Diversity and Inclusion and founding member of the board of directors of Racial Justice Institution. He holds a master’s degree in engineering, specializing in systems engineering, indian institute of technology at Roorkee, India.
SEI (NASDAQ: SEIC) provides technology and investment solutions that connect the financial services industry. With capabilities in investment processing, operations and asset management, SEI works with corporations, financial institutions and professionals, as well as ultra-high net worth families, to solve problems, manage change and help protect assets, for today’s and tomorrow’s growth. . From March 31, 2022SEI manages, advises or administers approximately $1.3 trillion in assets. For more information, visit seic.com.
This press release contains forward-looking statements within the meaning of the rules and regulations of the Securities and Exchange Commission. In some cases, you can identify forward-looking statements by terminology, such as “may”, “will”, “expect”, “believe” and “continue” or “appear”. Our forward-looking statements include our current expectations as to:
- the strategic initiatives and business areas we will pursue and those in which we will invest, and
- the success, if any, of the business and strategic initiatives we pursue.
You should not place undue reliance on our forward-looking statements, as they are based on the current beliefs and expectations of our management and subject to significant risks and uncertainties, many of which are beyond our control or are subject to change. Although we believe that the assumptions on which we base our forward-looking statements are reasonable, they may be incorrect. Some of the important risks and factors that could cause actual results to differ from those described in our forward-looking statements can be found in the “Risk Factors” section of our Annual Report on Form 10-K for the fiscal year ended. December 31, 2021filed with the Securities and Exchange Commission.
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SOURCE SEI Investment Company