American Century names new executive VP, COO

American Century Investments appointed Patrick Bannigan to executive vice president and chief operating officer, effective Nov. 5. Bannigan succeeds COO Barry Fink, who is retiring from the firm next year.

As chief operating officer, Bannigan has oversight responsibility for all operational, technological and financial activities. Specific areas reporting to Bannigan include finance, investment operations, client operations, facilities and real estate and information technology. He also serves on American Century’s management committee, the firm’s senior leadership team responsible for establishing and executing strategic priorities.