The Investment Company Institute has hired Peter H. Gallary as chief operating officer. As a member of the senior management team, Gallary will lead the Institute’s finance, technology, membership relations, human resources and administrative functions and will serve as a key liaison to the Board of Governors and its committees in support of ICI’s governance process.
He will report directly to the ICI President Paul Schott Stevens. Gallary has previously worked for The Boston Company Advisors and Putnam Investments.
“Peter has a rare combination of expert knowledge, hands-on experience and proven leadership in our industry, along with a keen understanding of the vital role mutual funds play in the global financial market,” says Stevens. “We are extremely pleased that someone with Peter’s caliber and standing in our industry will be serving in this important position.”
“We are fortunate to have Peter in this key role, which is so vital to the success of the Institute,” adds Martin L. Flanagan, the Chairman of the ICI. “His proven business acumen and management skills will be indispensable in carrying out the business of the Institute and serving our members with the utmost efficiency and effectiveness.”