Fidelity Investments has appointed Charles Morrison as president of the company’s asset management organization.
In his new role, he will oversee Fidelity’s investment divisions that collectively manage US$1.9 trillion ($2.1 trillion) in retail and institutional assets on behalf of individual investors, intermediaries and institutions worldwide.
Morrison most recently served as president of the company’s more than US$750 billion ($835 billion) fixed income division. He succeeds Ronald P. O’Hanley, who recently announced his plans to leave the firm.
Morrison joined Fidelity as a corporate bond analyst in 1987 and, over the next several years, assumed roles with increasing responsibility.
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