will be promoted to senior investment officer, director of equities at OppenheimerFunds effective August 1. Wilby is currently senior vice president, director of international equities and portfolio manager of the Oppenheimer Global Fund.
Each of the four investment heads of OppenehimerFunds (organized by Growth, Value, Main Street and International) will report to Wilby. Wilby will be responsible for the firm's entire equity investments.
will take over administrative, marketing and personnel duties from Wilby as director of international equities. Evans is current a vice president and portfolio manager of the International Growth Fund.
Rajeev Bhaman, currently vice president and portfolio manager of the Developing Markets Fund, will add co-management of the Global Fund to his role.
, who left Pioneer Investments
in early July, is joining OppenheimerFunds as vice president and portfolio manager on August 16. Madden will assist Bhaman in co-managing the Developing Markets Fund.
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