DeAM Boosts North American Biz Development

Feb 10 2006 | 10:12pm ET

Deutsche Asset Management is building up its North American team with the addition of Eddie Vandiver and Stephane Amara, each of whom will serve as director of the alternative and quantitative business development groups in the U.S. and Canada, respectively. Vandiver will report to Marco Veissid, head of DeAM's alternative and quantitative business development group for North America, while Amara will report to Geoff Moore, head of DeAM's business development and client service group in Canada.

Vandiver will work closely with Jerry Thimme, managing director, to develop DeAM's institutional public fund business in the U.S. He previously held institutional sales positions at AIG Global Investment Group and Mellon Equity Associates. He is also a former chief investment officer at the Public Employees Retirement System of Mississippi.

At DeAM, Amara will be responsible for institutional sales and client service in Western Canada and with select institutions in Quebec and Ontario. From 2001, he was the head of sales and consultant relations in Canada for Bank of Ireland Asset Management, where he developed new business and created new product channels. 

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