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Friday, September 30, 2011

An Old Mutual Exec Departs

Reported by Hung Tran

James Mikolaichik is going from the frying pan into the fire. Mikolaichik has joined Manning & Napier Advisors, Inc., which has filed for an IPO, as chief financial officer, responsible for leading finance related functions coupled with strategic planning and corporate development.

Previously, he served as the head of strategy at Old Mutual Asset Management, which is contemplating a partial IPO, in Boston, Massachusetts, where he was responsible for setting and executing strategy in conjunction with responsibility for business development and capital projects. An Old Mutual spokesman was not immediately available for comment on Mikolaichik's departure.

“We are very pleased to have someone with Jim’s experience and tenure in the industry as a key member of the Manning & Napier team,” stated CEO Patrick Cunningham.
James Mikolaichik Joins Manning & Napier Advisors, Inc. as Chief Financial Officer

James Mikolaichik has recently joined Manning & Napier Advisors, Inc. as Chief Financial Officer. In his role as CFO, Jim will be an integral part of the firm’s senior leadership team with specific responsibility for leading finance related functions coupled with strategic planning and corporate development.

“We are very pleased to have someone with Jim’s experience and tenure in the industry as a key member of the Manning & Napier team” “We are very pleased to have someone with Jim’s experience and tenure in the industry as a key member of the Manning & Napier team,” said CEO, Patrick Cunningham.

Jim brings a variety of experience within the investment industry to Manning & Napier. Prior to joining, Jim served most recently as the Executive Vice President and Head of Strategy at Old Mutual Asset Management in Boston, Massachusetts, where he worked in various roles since 2004. While there, he was responsible for setting and executing strategy in conjunction with responsibility for business development and capital projects. Jim also spent 11 years with Deloitte & Touche LLP providing consulting, financial advisory, auditing and accounting services to organizations across the financial services industry.

“This is a great opportunity to work with an organization that has a long and rich history of success. I am excited to join a management team that strives for continuous improvement in the business while possessing a deep commitment to serving clients,” said Jim Mikolaichik.

Jim has an MBA from Columbia University, a BS in Accounting from Susquehanna University and is a certified public accountant.
About Manning & Napier Advisors, Inc.

Manning & Napier Advisors, Inc. is headquartered in Fairport, New York and employs more than 350 full-time employees. The firm has been a registered investment advisor since 1970 and manages more than $40 billion in client assets as of June 30, 2011. 

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