Paul Feeney is set to join Old Mutual's Long-term Savings divison (LTS) as chief executive of asset management.
He is expected to join in early January, subject to approval, and will report to Paul Hanratty, CEO of Old Mutual's LTS arm.
Feeney will be responsible for the LTS asset management business within Skandia Investment Group, Old Mutual Investment Group South Africa, and Nordic asset management.
The group said his role will be to build LTS' capabilities in Europe, working closely with Peter Bain's team at OMAM.
Feeney, who left BNY Mellon as head of international distribution, replaces Bob Head who resigned last month after nearly a decade at the firm.
He joined the firm's asset management division in April 2008 from Gartmore where he was head of distribution.
At BNY he was responsible for wholesale sales and client service covering the UK, Continental Europe and Latin America.
He oversaw the group's core marketing functions, and managed the distribution and development of the BNY Mellon Asset Management onshore and offshore fund ranges, which include alternatives and hedge fund strategies.
Two weeks ago Peter Baxter left the firm to pursue other opportunities and was replaced by Julian Ide, who was appointed the group's head of global distribution and chief executive officer.
Last week Investment Week revealed former Gartmore global head of distribution Phil Wagstaff is set to join Skandia Investment Group as CEO.
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