The Board of Directors of OM Asset Management plc announced that it has appointed Stephen H. Belgrad as President and Chief Executive Officer of OMAM, effective March 2. Mr. Belgradjoined OMAM's Board of Directors effective January 30. Since joining OMAM as Executive Vice President and Chief Financial Officer in 2011, Steve has combined an appreciation for the many strengths of Affiliates, and a demonstrated commitment to working in partnership with them to accelerate their growth, with exceptional financial skills and a focus on maximizing shareholder value. In addition to serving as Chief Financial Officer, Mr. Belgrad is a member of OMAM's Executive Management Team, and he sits on the board of managers of a number of Affiliates.

Prior to joining OMAM, from 2008 to 2011, Mr. Belgrad was chief financial officer of HarbourVest Global Private Equity Limited. Concurrent with Mr. Belgrad's appointment, Daniel K. Mahoney will serve as OMAM's Head of Finance, Principal Accounting Officer and Principal Financial Officer. Mr. Mahoney is currently the company's Controller and Chief Accounting Officer.

He joined the company in 2014, just prior to initial public offering, and has been a key leader of the finance team since that time. Mr. Mahoney previously was Chief Accounting Officer at State Street Global Advisors, and prior to that was a Senior Manager at PwC.