Deals and People April 5, 2002

Putnam DC Exec Tabbed for Old Mutual Job

April 5, 2002 (PLANSPONSOR.com) - The former manager of Putnam Investments' defined contribution business, has been named vice president and chief operating officer of the US asset management group of Old Mutual plc.
Reported by

Thomas Turpin, 41, led Putnam’s defined contribution client service, sales, investment servicing, product management, marketing and 401(k) rollover areas until several months ago when the defined contribution area was moved under the aegis of John Brown, who is also responsible for Putnam’s defined benefit business.

Turpin had been at Putnam since 1993.

Before Putnam, Turpin had held several executive positions with The Boston Company – primarily in the Master Trust and Custody Division – from 1982 to 1993.

In addition to Turpin, Old Mutual also tapped Kevin Hunt, formerly of Morgan Stanley, as its executive vice president and director of sales, marketing, and product development.

The appointments for the two Boston-based positions were effective Friday.

«