PineBridge Names Credit Suisse's Hornig COO

Nov 8 2010 | 10:41am ET

PineBridge Investments, the former asset management arm of insurance giant American International Group, has hired a former Credit Suisse executive and co-founder of Wasserstein Perella as its new chief operating officer.

George Hornig will oversee finance, operations, compliance, technology, product development, legal, marketing and communications at the $83 billion firm. Hornig will also serve as a senior managing director and a member of PineBridge's executive committee.

“I am delighted that we have found someone of George’s caliber for this important position at PineBridge,” Win Neuger, CEO, said. “His ability to identify and execute business strategy solutions, in addition to his proven track record in managing the functional areas of large global asset management firms, will be a major driving force in positioning the firm as we continue to pursue our strategic goals."

Hornig was most recently co-global COO at Credit Suisse Asset Management. He is also a former COO for the Americas at Deutsche Bank and a former mergers and acquisitions banker at First Boston.

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