Fidelity Investments has named Abigail Johnson president of Fidelity Financial Services, consolidating all of the company’s core businesses under her leadership.

Johnson will oversee a broad organization comprising the company’s financial services businesses – asset management, retail and institutional brokerage, retirement and benefits services, as well as corporate operations and function support groups. In her new role, Johnson will continue to report to her father, Edward Johnson, Fidelity's chairman and chief executive officer.

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