Goldman Sachs Asset Management global head of ETF product departs

Departing individual is set to take on c-suite role at New York-based exchange-traded funds (ETF) provider, Global X ETFs.

Ryan O’Connor has left Goldman Sachs Asset Management and is set to join ETF provider Global X ETFs as chief executive on 8 April. 

He most recently served as global head of ETF product, having initially joined Goldman Sachs Asset Management back in 2017 to build out the US fund strategist model portfolio business.

O’Connor has also previously held senior positions at State Street Global Advisors during his ten-year tenure, where his responsibilities included leading “a diverse cohort of product and capital markets teams for the SPDR ETF franchise”.

New-York based Global X ETFs – part of Mirae Asset Financial Group – launched back in 2009, and has since established its expertise in thematic investing and alternative income strategies.

Currently, the business has more than 80 ETFs, including across: thematic growth, income, risk management, international access and commodities. 

According to Global X ETFs, in his new role, O’Connor will both lead the firm’s growth strategy as well as reinvigorate its product suite.

“Now is the right time to bring in new leadership. Ryan has a notable track record of driving growth across the ETF value chain for the world’s largest asset managers. He is eager to bring his ETF industry experience and strategic, growth-oriented mindset to Global X, and we are excited to have him on board to help take the business to its next level,” said Hyeon-Joo Park, founder and global strategy officer at Mirae Asset Financial Group.

He added: “[…] It’s our desire to take Global X from a rising star to a clear-cut leader in the ETF industry. Over the past few months, we’ve kicked off a journey to strategically reposition the firm in order to jumpstart momentum and accelerate the business. By doing so, Global X has renewed agility, a re-focus on its core competencies and a clear emphasis on its client base.”

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