Dublin, Friday, 30^h October 2020 – Carne Group, the leading digitally driven industry platform to the Global Asset Management Industry, today announced the appointment of Mike O’Brien as a Non-Executive Director to its Board of Directors.

O’Brien has over 25 years of industry experience, most recently as Global Co-Head of the Asset Management Solutions business for JP Morgan Asset Management based in New York. At JP Morgan O’Brien was responsible for the firm’s multi-asset, retirement and pensions, and insurance advisory businesses globally. Previously, O’Brien was CEO of JP Morgan Asset Management EMEA, where he partnered with the global investment business and function heads to develop the business priorities in EMEA.

His experience includes a decade long tenure at BlackRock/BGI where he was Head of the Institutional Business EMEA and 14 years overseeing Towers Perrin’s UK and European Investment Consulting practice. Over his career O’Brien was named one of FN100 Most Influential people in Europe’s financial markets.

O’Brien’s appointment is a significant addition to Carne’s digitally driven industry platform comprising of almost 40 solutions to the Asset Management industry. These include Europe’s largest 3^rd party management companies, governance, investment risk,  compliance, and regulatory reporting solutions, as well its industry renowned control and command system, CORR. CORR helps its clients and the asset management ecosystem to revolutionise enterprise, regulatory and investment risk management as well as operational efficiency. O’Brien’s history of innovation and leadership experience in the largest asset managers in the world will be invaluable in accelerating the company’s digital platform and that of its clients and the industry, driving continued growth and expansion through its talent and proprietary technology.

Speaking about today’s announcement, Carne Group’s CEO, John Donohoe, said: “Mike O’Brien has led innovative transformational programmes at some of the world’s largest asset managers. Having Mike on our Board will be invaluable as our industry platform seeks to play an increasing role in both our clients’ and the industry’s future.”

Mike O’Brien commented: “The pace of change within the asset management industry is accelerating. Carne’s market leading solutions and depth of talent, enabled by its next generation technology platform, means it is well positioned to play a leading role in transforming the industry. I’m looking forward to working with John Donohoe and the Executive Committee to help them deliver on those ambitions.”

About Carne Group

Carne is a premier global provider of fund management solutions to the asset management industry including the provision of European management companies, fund platforms, independent fund directorships and other fiduciary services. Carne employs 300 people across 8 countries globally and is a governance and substance provider for assets of more than $1 trillion in AUM. Carne’s command and control technology system, CORR, provides risk and technology driven solutions for investment funds with $2 trillion in AUM.

For more information please contact:
Eoin Sheahan
+353 86 8164339
eoin.sheahan@carnegroup.com