Columbia Management Expands Institutional
Adds key personnel to institutional DCIO business and consultant relations
September 20, 2010 12:00 PM Eastern Daylight Time
BOSTON--(EON: Enhanced Online News)--Columbia Management announced today the appointments of two
key personnel, one for the firm’s institutional Defined Contribution – Investment Only (DCIO) business and one for
the firm’s Consultant Relations efforts. These appointments are a significant step forward in the firm’s expansion of
its institutional business.
Toby Cromwell has been promoted to lead the institutional DC efforts at Columbia Management. In this role, he will
develop the overall strategy to enhance the existing sales and infrastructure of the firm’s institutional DC business.
Cromwell’s 24-year industry experience includes three years leading consultant relations at Columbia Management
and 13 years at Invesco Institutional as partner and VP on its DC team, among other roles.
Toby will work closely with Mark Dence, who leads the existing intermediary DCIO business at Columbia
Management, which has been in place for more than 10 years. The intermediary business remains focused on
intermediary retirement advisors, record keepers and DCIO platforms, amounting to over $20 billion in assets under
management as of June 30, 2010.
Kathleen Kennedy, also a longtime industry veteran, has been hired to head consultant relations at Columbia
Management beginning immediately. Kennedy’s experience includes 12 years at Robeco Investment Management
(Boston Partners, Weiss, Peck and Greer and Robeco Sage) with 11 years leading the consultant relations effort.
Additionally, Kennedy was a VP of Institutional Sales for UAM and spent eight years at MFS in roles in asset
management and equity research.
“Columbia Management continues to see multiple investment opportunities in the marketplace. These additions to
our institutional DCIO business and consultant relations efforts will help us further leverage our strong invest