SEI Demonstrates Commitment to Defined Contribution (DC) with Appointment of Steve Charlton as DC Managing Director (EMEA & Asia)
London, 10 Nov., 2017– SEI’s Institutional Business in the U.K. (NASDAQ:SEIC) announced today that it has appointed Steve Charlton as DC Managing Director (EMEA & Asia). Steve will report to Patrick Disney, Managing Director of SEI’s Institutional Business (EMEA & Asia), and will be part of the Institutional Leadership Team in the U.K. Steve will be responsible for developing and expanding SEI’s DC proposition across EMEA and Asia, whilst building on the continued success of the SEI DC Master Trust, which celebrates its 10th anniversary this year.
Steve brings over 30 years of experience in the pensions industry, and is a recognised DC-industry specialist. He joins SEI from Vanguard where he was Vanguard’s European DC Proposition Manager. Prior to Vanguard, Steve spent many years in consulting, most recently as Principal within Mercer’s DC Leadership Team.
Commenting on the appointment Patrick Disney, Managing Director of SEI’s Institutional Business (EMEA & Asia) said:
“Steve’s appointment into this newly created leadership role is a clear demonstration of our focus and commitment to DC, in both the U.K. and other global markets. We are very pleased that our reputation as an innovator and market leader enables us to attract an individual with Steve’s reputation, experience, and knowledge in DC. We are confident that Steve will help us to build on our existing success in the DC market in the U.K., as well as exploring new markets for our proposition.”
Commenting on his appointment Steve Charlton said:
“I am delighted to have taken on this new role and to be able to use my experience to build and expand SEI’s existing DC proposition. I am excited about SEI’s expanding opportunity in the U.K. as one of the leading Master Trust providers, as well as the prospect of exploring new markets for DC. I look forward to working with the team and achieving our goals and objectives for this important area of the pensions market.”