Ninety One today (4 September) named Sangeeth Sewnath as New York-based managing director, Americas.
Sewnath (pictured) will oversee all institutional and adviser client engagement and drive regional strategy as Ninety One expands its investment, client group and operational business in the Americas.
Sewnath is replacing Philip Anker, who, after helping Ninety One to build a competitive platform and presence in the Americas serving the investment needs of a number of the leading asset owners and strategic partners, will spend the next three months transitioning from his leadership role and will then be leaving the firm to pursue new opportunities.
An investment industry veteran with 26 years’ experience, he joined Ninety One in 2000. He has held top client-facing leadership roles with the firm, which is a global investment manager with its head office in London and its original home office in Cape Town. Sewnath’s focus has been exclusively on clients since 2013. Most recently, as head of a national client team, Sewnath applied consistent service excellence to boost Ninety One’s market share by more than 40%.
Before his client-facing roles, Sewnath was Ninety One’s Global head of product development, working with the investment and sales teams to develop the investment capabilities offered to investors.
He is a fellow of the Institute of Actuaries in UK and South Africa, He completed the Harvard Business School Leadership Development program. He holds a BSc in Actuarial Science from the University of Witwatersrand, South Africa, and an Investment Management Certificate from the CFA Institute.
Hendrik du Toit, founder and CEO of Ninety One said: “Sangeeth’s track record positions him well to lead our efforts in the Americas. He embodies a solutions-oriented approach and is fastidious about client service. We are confident Sangeeth will continue to develop deeper relationships with our clients. At the same time, our gratitude goes to Philip for his leadership and service to our firm.”
Sangeeth Sewnath, managing director, Americas, Ninety One said: “The US, Canada and Latin America are dynamic and unique markets and it is vital to have a deep understanding of clients’ needs and the ability to innovate solutions that lead to better, long-term investment outcomes. I look forward to addressing the opportunities and challenges that these markets present, while building on the strong foundation we have established.”
