Payden & Rygel appoints Dennis Kwist as Senior Vice President and Head of Business Development for Northern Europe

Payden & Rygel announced today its commitment to strengthening its presence in Europe through the appointment of Dennis Kwist as Senior Vice President and Head of Business Development for Northern Europe.

With a solid 15-year experience at Wellington Management, where he held the role of Managing Director and Head of Commercial Development for Northern Europe, Dennis Kwist will be responsible for promoting UCITS funds and expanding the business of institutional segregated mandates at Payden & Rygel.

“Payden continues to invest energy in business development and to hire new resources to be able to seize every opportunity for international growth, counter to much of the managed savings industry. I am pleased to welcome Dennis Kwist, whose decade-long experience, combined with his deep understanding of industry dynamics, will represent an important added value for the Company”.

Antonella Manganelli, CEO of Payden & Rygel Italy and Head of Business Development for Southern Europe

Business expansion in Europe

This move is part of Payden & Rygel's broader project to increase its turnover in Continental Europe. Currently, the company manages about 20 billion euros through institutional mandates and has a wide range of clients, including banks, pension funds and insurance companies.