Key Takeaways
- • Abdallah Nauphal, CEO of Insight Investment Management Ltd., will retire during the first half of 2025, the asset manager announced on Monday, ending a 20-year tenure at the firm.
- • Raman Srivastava, previously executive vice president and global CIO at Great-West Lifeco Inc. since 2017, has been named as his successor and will report to Jose Minaya, global head of BNY Investments and Wealth.
- • During Nauphal's tenure, Insight's assets under management grew to $892 billion from $140 billion, according to the announcement.
- • Nauphal is described as the longest-serving CEO of a large European investment manager.
Summary
Raman Srivastava will succeed Nauphal. He had served as executive vice president and global chief investment officer at Great-West Lifeco Inc. since 2017. Before that, he was deputy CIO and managing director of global fixed income at Standish Mellon Asset Management Co. and a managing director at Putnam Investments. Srivastava holds a degree from the University of Waterloo in Ontario and a master's degree in finance from the Tepper School of Business at Carnegie Mellon University. He will report to Jose Minaya, global head of BNY Investments and Wealth, the parent of Insight Investment.
In a statement, Srivastava said he was thrilled to join Insight, describing it as a world-class investment firm, and said leading the organization into its next phase of growth was both an honor and an incredible opportunity. Nauphal said he was exceptionally proud of what the firm had achieved over the past two decades and that he had been heavily involved in selecting his successor over the past year. Later company communications, as reflected in publisher coverage, state that Srivastava was formally appointed CEO effective 30 April 2025.
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