Macquarie Hires Janssens at $250 Billion Investment Manager Unit

  • Janssens joins Philadelphia office in newly created role
  • He will also oversee operations in Sydney, report to Bruck

Macquarie Group Ltd. hired Dominic Janssens from T. Rowe Price Group Inc. for the newly created role of global chief operations officer of the bank’s investment-management unit.

Janssens will be based in Philadelphia and report to Ben Bruck, global head of Macquarie Investment Management, the Sydney-based bank said Monday in a statement. The Macquarie unit has about A$351 billion ($250 billion) in assets under management.

Janssens will oversee operational groups in Sydney and Philadelphia, where the firm’s U.S. asset manager, Delaware Investments, is based. He previously worked at T. Rowe Price as director of global investment and institutional client services as well as at Deutsche Bank AG.

“We’re thrilled to have someone with Dominic’s significant experience across a range of in-house, outsourced and acquired asset-management operations join us,” Bruck said in the statement. “Dominic will be a key player as we seek to deliver a global client experience to all MIM clients, regardless of where they are located.”

Macquarie, led by Chief Executive Officer Nicholas Moore, is Australia’s largest investment bank. In January, the company named Christine Farkas head of U.S. equity research for its securities arm, and hired Andrew Stancliffe to run cash equities trading in Europe. Janssens will start April 4, Macquarie said.

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