Patricia Ribeiro Promoted to Co-CIO of Global Growth Equity at American Century Investments

Ribeiro will serve as co-CIO of global growth equity discipline and will share the role until May 31 with Keith Creveling, until he moves into a portfolio management role.

Patricia Ribeiro

Patricia Ribeiro was named co-CIO of the global growth equity discipline effective February 15 at American Century Investments.

Ribeiro will be responsible for investment management functions at the global asset manager with $215 billion in assets under supervision, as of January 31, 2023. She will report to American Century Investments CIO Victor Zhang.

In the new role, she will oversee investment culture, process oversight, resource allocation and talent development of teams including the global/non-U.S. large cap, global/non-U.S. small cap, emerging markets, and U.S. small cap growth teams. She will share CIO responsibilities for the larger global growth equity discipline with co-CIO Keith Lee, replacing current co-CIO Keith Creveling’s duties, after nearly nine years as co-CIO of the global growth equity discipline.

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“We’re pleased to promote Patricia into a greater leadership role at American Century. She has made significant contributions during her 17-year tenure, over which time she’s assumed increasing levels of responsibilities, including serving as chair of the Sustainable Investment Council. She has also consistently demonstrated impressive leadership skills as senior portfolio manager, a representative on the Diversity, Equity and Inclusion (DEI) Committee and a past member of our Expanded Management Committee,” said Zhang in the press release of the announcement.

Creveling will return to portfolio management, which remains his true passion. He retains all his portfolio management responsibilities for the global growth strategies, according to the release.

Ribeiro joined American Century Investments in 2006; previously serving as the lead of the emerging markets team, and as a senior portfolio manager. Prior to joining American Century, she was co-director of global research at Citigroup Asset Management, and head of Latin American equity research at JP Morgan Investment Management, managing portfolios at both firms.


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Lazard Promotes Larry Cohen to Global Head of Technology & Operations

Cohen joined the firm in August as a strategic adviser.

 

 Lazard Asset Management named Larry Cohen as managing director and global head of technology & operations, effective immediately, according to a press release on February 22.

“Larry brings a wealth of experience in the asset management industry as well as in technology and operational infrastructure,” said Evan Russo, Lazard Asset Management CEO, in the press release of the announcement. “He will work with our teams globally to improve and refine our global technology, systems and operational infrastructure, which will help support the next stage of growth and expansion within the asset management business.”

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Cohen joined the $216 billion indirect subsidiary of Lazard Ltd. in August as a strategic adviser.

Cohen most recently was president of FIRST, a global non-profit and robotics community, working to mentor and inspire young people to become science and technology leaders, according to his LinkedIn profile.

Prior to his tenure at FIRST, Cohen had been a partner at AllianceBernstein and the global head of operations and technology. Cohen has held technological roles at State Street, Morgan Stanley, First Boston, Fidelity Investments, Deutsche Bank, Goldman Sachs andUBS. Cohen holds an A.B. from Harvard University in Engineering and Applied Sciences.


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