The new executive first joined the firm in 1998.
She will assume a COO role at T. Rowe Price following her predecessor’s exit last year.
The plan’s current executive director is leaving to join Walmart.
The changes include a new head of strategy and a new treasurer.
The current CEO is retiring in June.
Asset management firms owned by women and people of color are at least three times more likely to employ diverse teams when compared to firms led primarily by white men, according to a new study.
City committed to a $4 billion investment goal in 2018.
He will oversee strategy, process and approach for the firm’s fixed-income strategies.
Oaktree has also bought a minority stake in Veleta Capital.
The $3.5 billion acquisition was first announced in July.