PineBridge Investments appoints Chief Risk Officer, Europe

PineBridge Investments (PineBridge), a global asset manager focused on active, high conviction investing, has appointed Brian McCarthy as Chief Risk Officer, Europe.

McCarthy joins PineBridge Investments Ireland and will oversee all aspects of risk management in Europe. In his role McCarthy will ensure the effective operation of PineBridge’s risk management infrastructure, covering PineBridge Funds (UCITS and AIFs, across fixed income, equities, multi-asset and private market/alternatives), as well as oversight of the firm’s operational risk management.

 
McCarthy is based in PineBridge’s Dublin office, and will report to Tracie Ahern, Chief Financial Officer and Chief Risk Officer. He will also assume the role of the Designated Person for Fund Risk Oversight in the Irish Management Company and will have a local reporting line to Mick Sweeney, CEO of PineBridge Investments Ireland, who has overall responsibility for the Irish Management Company.
 
Klaus Schuster, CEO Europe at PineBridge, says: “As an organisation dedicated to maintaining industry-leading risk management practices, I am delighted to welcome a professional of Brian’s calibre to PineBridge. I look forward to working with Brian to continue to deliver the high standards that our clients expect.”
 
Before joining PineBridge, McCarthy was Chief Risk Officer at Ashmore Investment Management Ireland, where he was responsible for building and maintaining the firm’s risk management infrastructure. Prior to this he worked for the Irish National Treasury Management Agency as Senior Risk Manager. McCarthy has also held roles at the Bank of Ireland Group, Bank of Ireland Asset Management and BNP Paribas, amongst others.
 
McCarthy holds a degree in Economics from the University College Dublin, in addition to a Masters degree in Investment and Treasury from Dublin City University.