RidgeWorth Adds Not One, but Two Chief Compliance Officers

April 13, 2011 (PLANSPONSOR.com) - RidgeWorth Investments has hired Robert Zakem as Chief Compliance Officer and General Counsel for the firm and Joseph O'Donnell as Chief Compliance Officer for the RidgeWorth Funds. 


Both have more than 20 years of investment compliance experience, according to the announcement.

Zakem was most recently with Bank of America Corporation, where he served as Managing Director of Global Risk Compliance.  Prior to Bank of America, he worked for UBS Financial Services and AIG/SunAmerica Asset Management Corp.  He received his Doctor of Law from the University of Wisconsin Law School and his Bachelor of Science in Accounting from the University of Detroit.

O’Donnell was most recently with ING Funds, where he served as Executive Vice President and Chief Compliance Officer for ING’s U.S. based mutual fund platform.  Prior to ING, he worked for The Atlas Companies as Chief Legal Counsel and CCO and has over 24 years of investment compliance experience.   He received his Juris Doctor from Temple University’s School of Law and his Bachelor of Business Administration from Temple University’s School of Business Administration.

“Bob and Joe are both highly experienced attorneys with impressive track records within the asset management industry,” said Ashi Parikh, Chairman and CEO of RidgeWorth Investments.  “We believe that, with their level of expertise, Bob and Joe will strengthen both the risk management and compliance programs that are so important to our firm and our clients.”

RidgeWorth Investments serves as a holding company that owns interests in eight investment boutiques with approximately $47.2 billion of assets under management as of December 31, 2010.  RidgeWorth serves as the investment adviser to the RidgeWorth Funds mutual fund family. RidgeWorth Investments is a trade name for RidgeWorth Capital Management, Inc., an investment adviser registered with the SEC headquartered in Atlanta.  More information is at http://www.ridgeworth.com.