Putnam Investments has named Jeffrey R. Carney as the new senior managing director and head of global marketing and products, effective Oct. 27.

“This new role at Putnam acknowledges the outstanding opportunities we see for Putnam’s products and services in the global marketplace and the need to augment our organization with a world-class, senior marketing executive,” said Putnam President and CEO Robert L. Reynolds.

Prior to joining Putnam, Carney served as president of Bank of America Retirement and Global Wealth and Investment Management Client Solutions.

In his new role, Carney, 46, will be responsible for Putnam’s defined contribution business, global product management, public and government relations, global marketing and marketing communications.

Before joining Bank of America, Carney was president of Fidelity Retirement Services. He is a graduate of Queens University in Kingston, Ontario.

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