Brian Brennan has taken on the newly created role of Vice President, Institutional Business Development to help manage and increase institutional sales in the burgeoning Europe/Middle East/Africa (EMEA) region, according to a press release.
Based out of Dublin, Brennan will be responsible for business development and client service initiatives in the institutional pension and sovereign wealth fund markets in the growing EMEA region, said Gary Wing, AGF Senior Vice President, Institutional.
“The number of strategically important clients in the area has grown significantly and we now have someone on the ground to meet their needs,” said Wing in the announcement.
Previously, Brennan was the General Manager and Compliance Officer with AGF International Advisors Company Limited in Dublin. AGF International Advisors Company Ltd. and its subsidiary AGFIA Limited utilize the same investment management team, provide investment research and advisory services for European and other international markets and for a number of AGF mutual funds and other clients, according to the firm. It also has global institutional investment management and advisory mandates. AGF International Advisors Company Limited is wholly owned by AGF Management Limited, a Canadian reporting issuer.
Prior to joining AGFIA, Brennan, a qualified chartered accountant, was with a leading accounting firm. He then held the position of Finance Manager with an Irish investment management firm and was subsequently Financial Controller with a large European insurance provider, according to AGF.
Toronto-based AGF is an investment management firm with nearly C$44.9 billion in assets under management (AUM) worldwide. According to the announcement, last month, AGF released its first-quarter earnings for the three months ending February 28, 2010, in which it noted that its institutional and high net worth AUM had increased 49.4% from the same period a year ago to nearly C$22 billion.