BOSTON - Fred Naddaff will succeed Nimish Bhatt as chairman of the board of NICSA, the fund services industry association.
Naddaff was approved as chairman by vote of NICSA members at their general meeting here Thursday. He will serve through October of next year.
Naddaff is a former president of Citi Fund Services. He also has worked at BISYS, First Data and State Street/BFDS. IN may, he was named managing director of strategic business development at SunGard Data Systems.
Naddaff succeeds outgoing chairman Nimish Bhatt, chief financial officer of Calamos Investments. Bhatt has been chairman since last October.
Maureen Leary-Jago of MFS Service Center was approved as vice chairman. Leary-Jago was chairman from 2009 to 2010.
The membership ratified the addition of five new members of its board. These include: George Batejan, Janus; Barry Benjamin, PricewaterhouseCoopers, Lisa Klassen, Edward Jones; Ian McCoy, Franklin Templeton Investment Services; and Cindy Schreiner, Morgan Stanley Wealth Management.
Stepping down from the board are: Bhatt, Rhonda Dixon-Gunner, Invesco; Sharon Geary, Franklin Templeton; Timothy Jacoby, Deloitte; and, Paula Smith, PricewaterhouseCoopers.
Benjamin will also be NICSA's treasurer.