Pioneer Investments announced Wednesday that it has named Daniel Keith Kingsbury president and CEO of Pioneer Investment Management USA. Kingsbury had been chief executive officer of the new markets division of Pioneer, where he oversaw business in Central Europe and Asian. During his tenure, the division was the company’s fastest-growing division, with assets multiplying 23-fold from $470 million in 2000 to $10.9 billion today and the countries where it does business expanding from two—Poland and the Szech Republic—to more than 10.
“Dan’s extensive experience in building businesses and his broad knowledge of global capital markets make him an ideal choice to lead Pioneer Investments’ U.S. divisin,” said Giordana Lombardo, deputy chief executive officer of Pioneer Global Asset Management. “He is a long-time member of the Pioneer Investments management team and has a deep knowledge of our global business, which will help him leverage resources across the company. He is also a skilled manager who brings tremendous energy and enthusiasm to everything he does, and this will serve him well in his new position.”
