Russell Appoints Head of DC Business

March 9, 2011 ( – Russell Investments has appointed Richard Davies as managing director, defined contribution (DC).

Davies will be responsible for the leadership, strategic direction and growth of Russell’s DC business. He will join June 1, based in New York, and will report to Greg Gilbert, CEO, Americas Institutional.  

According to a press release, Davies joins Russell from AllianceBernstein, where he has spent 15 years in a number of leadership positions. Most recently, Davies was senior managing director, defined contribution and sub-advisory relationships.   

Davies also serves on the executive committee and chairs the investment policy committee for the Defined Contribution Institutional Investment Association and is a member of the Employee Benefit Research Institute board of trustees.