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Aug. 20, 2012 /PRNewswire/ -- Federated Investors, Inc. (NYSE: FII), one of the largest investment managers in
the United States, today announced the hiring of
Craig Bingham to lead the firm's new
Asia Pacific subsidiary. Bingham will be based in
Melbourne, Australia, and will report to
Gordon J. Ceresino, vice chairman of Federated and executive director for international distribution.
Bingham will manage Federated's efforts to expand globally through the development of an
Australia-based investment management hub that also will serve as a gateway for the firm's new business venture in Asia. The
Melbourne office will focus on regional distribution of existing Federated strategies as well as the development of new products for Australia. In addition, Bingham will lead efforts to identify opportunities throughout
Asia, primarily in
Hong Kong, as well as the
Bingham has more than 20 years of financial services experience. Most recently, he served as chief executive officer for Aviva Investors'
Asia Pacific regions, where he was responsible for developing fully licensed asset-management strategies, expanding Aviva's Australian presence and opening distribution offices in
Taiwan and the
"In his previous roles, Craig demonstrated success in investment management, expanding reach and growing business," said Ceresino. "He is an experienced leader who has the keen ability to recruit, hire and retain managers and investment professionals who share Federated's vision and philosophies for achieving long-term business growth while adding value for shareholders."