PATRICIA RIBEIRO NAMED GLOBAL GROWTH CO-CIO
American Century Investments promoted Ribeiro, prioritizing continuity and momentumKANSAS CITY, Mo., Feb. 21, 2023 /PRNewswire/ -- American Century Investments, a $215 billion* global asset manager,…
American Century Investments promoted Ribeiro. They prioritized continuity and momentum
KANSAS CITY (Mo.), Feb. 21, 2023/PRNewswire/ -- American Century Investments is a $215 billion* global asset management company. Patricia Ribeiro was promoted to co-chief investor officer (CIO), of the Global Growth Equity discipline, effective February 15. She will be sharing the role with Keith Creveling CFA until May 31, when she will step down. These changes will not affect the management of any Global Growth Equity investment strategies.
Ribeiro will assume the responsibility for the investment management function. This includes process oversight, investment culture, resource allocation, and talent development for specific teams in the Global Growth discipline. These include the Global/Non U.S. Large Cap, Emerging Markets and Global/Non U.S. small cap and U.S. small Cap Growth teams. She will be reporting to Victor Zhang, American Century Investments Chief Investment Officer, for her CIO responsibilities in the larger Global Growth Equity discipline. Ribeiro's role in portfolio management will not be affected.
We are pleased to welcome Patricia to a higher leadership position at American Century. She has contributed significantly over her 17-year tenure. During that time, she has assumed increasing responsibilities, including as chair of Sustainable Investment Council. Zhang said that she has demonstrated exceptional leadership skills in her roles as a senior portfolio manager, representative on the Diversity, Equity and Inclusion Committee, and past member of the Expanded Management Committee. As both an investor as well as a leader, Patricia is highly respected by her team, colleagues and clients around the world. We believe she is the right choice to represent the interests of clients and colleagues in the Global Growth group.
American Century's success with Patricia Ribeiro. Patricia Ribeiro joined American Century in 2006 as a portfolio manager for the Emerging Markets strategy. In 2009, she was promoted to the Emerging Markets team leader and in 2014 to senior portfolio manager. Since its inception in 2021 Ribeiro has been the chair of the Sustainable Investment Council. She played a key role in the firm's progress in sustainable investing. From 2018 to 2021, she was a member of the Expanded Management Committee. The Expanded Management Committee consists of senior executives from American Century who collaborate closely with the firm’s Management Committee to improve our capabilities. Since 2021, she has been a member American Century's DEI Committee.
Ribeiro worked at American Century from 2006 to 2006. She was the co-director of Global Research at Citigroup Asset Management as well as head of Latin American Equity Research at J.P. Morgan Investment Management. In addition to managing portfolios at both companies, Since 1984, she has been working in the investment industry. Ribeiro has a Rutgers University bachelor's in accounting and fluent in Spanish and Portuguese.
American Century's success: Keith Creveling. Creveling started at American Century in 1999 as an investment analyst for the Global/Non U.S. Large Cap team. Creveling was promoted from portfolio manager to portfolio manager in 2002. Creveling was then promoted to co-CIO for the Global Growth Equity discipline in 2014. Creveling, who spent nearly nine years as coCIO for the Global Growth Equity discipline has decided to return to his primary focus on portfolio management. This remains his true passion. Creveling will continue to manage the portfolios for the Global Growth strategies.
"Keith has done an outstanding job leading the Global Growth discipline. He developed a talented team investing professionals, delivered new capabilities and generated competitive performance for clients. We would like to thank Keith for his tremendous contributions as co-CIO of Global Growth. I am glad we will continue to draw on his expertise and knowledge as he is a respected and influential leader within the Global Growth sector and the firm." Zhang said.
About American Century Investments
American Century Investments is a global asset manager that focuses on providing investment results, building long-term client relationships and supporting groundbreaking medical research. American Century Investments was founded in 1958. It employs 1,400 people in offices located in New York, London, Frankfurt, Hong Kong, Sydney, Santa Clara, Calif., and Kansas City, Mo. Jonathan S. Thomas serves as president and chief executive officer. Victor Zhang is the chief investment officer. American Century Investments is able to deliver investment results to clients, and distribute more than 40% of its dividends directly to the Stowers Institute for Medical Research. This non-profit basic biomedical research organisation employs 500 people. Since 2000, the Institute has received nearly $2 billion in dividend payments. It owns more that 40% of American Century Investments. Visit URL for more information on American Century Investments.
*Assets under supervision starting 1/31/2023.
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