ProShares has added Ramesh Babu as chief technology officer and William Poulin as head of product management.
Babu, former chief technology officer, for Allianz Global Investors, is responsible for providing strategic direction and management of ProShares' technology infrastructure. He reports to Tim Coakley, chief financial officer.
Poulin, former head of product strategy and development for Columbia Management, is charged with product positioning and targeting, and ensuring product-related initiatives are prioritized and supported in an integrated fashion. He reports to Steve Cohen, managing director and head of strategy.
ProShares' lineup of 141 exchange-traded funds includes global fixed income, hedge strategies, geared (leveraged and inverse), and inflation and volatility ETFs.