Who's Moving Where In Wealth Management? - Javelin, Vanguard

Editorial Staff

4 December 2020

Javelin
, the US fund management group overseeing $6.3 trillion in global assets (as of October 31), has made a number of leadership changes.

Chris McIsaac, head of Vanguard's planning and development division, has been named head of the firm’s international business. After 33 years of service, Jim Norris, head of Vanguard's international business, will retire at the end of the year.

As part of the change, McIsaac has partnered with Norris over the past year on the firm's international strategy. McIsaac will relocate to Vanguard's European headquarters in London during December.

"Jim is handing over the reins to another top-notch global leader. Chris is a 23-year Vanguard veteran and comes into the role with a strong perspective on the needs of our clients in the Americas, Asia-Pacific, and Europe from his current role overseeing global product development, enterprise strategy, and marketing,” Vanguard chairman and CEO Tim Buckley said. “Chris ran Vanguard's US retirement business from 2012 to 2015 and has served as a member of Vanguard's 12-person senior management team since 2012."

For the past 12 years, Norris has led Vanguard's global expansion. Vanguard now has 15 offices across the globe, with total ex-US assets under management of $460 billion.

"Jim has been the consummate Vanguard leader and was the perfect person to bring Vanguard's mission outside the US,” Buckley said.

Karin Risi, head of Vanguard's US Retail Investor Group, will assume responsibility for Vanguard Planning and Development. Matt Benchener, head of Retail Client Services and Operations, will join Vanguard's senior staff as head of its US Retail Investor Group.