New Appointments on the SEI Board: Karin Risi and Tom Naratil
In a recent development, Karin Risi and Tom Naratil have been appointed as Independent Directors to the Board of Directors at SEI Investments Company. Both Risi and Naratil are seasoned veterans in the financial industry, bringing a wealth of experience to SEI's leadership.
Karin Risi, with 30 years of experience primarily at Vanguard, oversaw the $2.5 trillion Personal Investor and Wealth Management sectors. She is now set to serve on SEI's Compensation and Nominating & Governance Committees. Risi expressed her enthusiasm about working with SEI's board and management team, believing that SEI's ecosystem and unmatched breadth of capabilities can drive meaningful impact.
Tom Naratil, on the other hand, has a 39-year career at UBS, where he held numerous leadership positions. He is an Operating Partner at Lightyear Capital and a Senior Fellow in Finance at West Point. Naratil will serve on SEI's Audit and Legal & Regulatory Oversight Committees. He emphasized the importance of capitalizing on opportunities for growth and expressed his excitement to support Al, Ryan, and SEI's board in delivering sustained growth.
The appointments of Risi and Naratil are part of SEI’s strategic efforts to support transformation and long-term growth in the asset and wealth management industry. They bring valuable expertise in wealth management and institutional investing, complementing SEI’s evolving leadership.
In a statement, SEI highlighted its solutions' ability to offer scale and flexibility, better meeting client needs. The statement also suggested that SEI continues to innovate and redefine enterprise solutions in an increasingly competitive landscape.
Stephanie Miller, who had been a member of SEI's board, has resigned to pursue a leadership role in the industry. Alfred P. West, Jr., SEI's Chairman of the Board, expressed gratitude to Miller for her services and wished her success in her future endeavors.
Risi and Naratil's appointments underscore SEI's commitment to attracting top talent to its board, as it navigates the seismic shifts happening across the industry. Both Risi and Naratil acknowledged these shifts and expressed their belief that SEI can empower investors in this dynamic landscape.
[1] This information refers to the bullet points about the committees each individual will serve on and their respective backgrounds. [2] This information refers to the bullet points about Stephanie Miller's resignation and the gratitude expressed by Alfred P. West, Jr. [3] This information refers to the bullet points about Tom Naratil's excitement to support SEI's board and deliver sustained growth. [4] This information refers to the bullet points about Karin Risi's belief in SEI's capabilities and potential for impact.
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