SEI Appoints Jim London as CEO of SEI Investments (Europe) Limited

LONDON, 6 June, 2023 – SEI^® (NASDAQ:SEIC) today announced the appointment of Jim London as the CEO of SEI Investments (Europe) Limited (SIEL). He will continue to maintain his responsibilities as Head of SEI’s UK Private Banking and Wealth Management business and will succeed Brett Williams following his retirement, effective the 30^th of June pending regulatory approval.

Ryan Hicke, CEO of SEI, said:

 “From strategic growth and acquisitions to market and regulatory changes, Jim has played a critical leadership role in the successful implementation and ongoing engagement of clients in the UK. He continues to lead key initiatives to evolve our operating model, including the exploration and application of emerging technologies to drive efficiency and scale.

“The wealth management industry continues to undergo significant transformation, and the UK presents opportunities for SEI to capitalise on this trend. Our talented workforce and strength of our leadership drive our success, and Jim will continue to help position our company to seize these opportunities and drive future growth.”

With more than 25 years’ experience in financial services, London currently serves as Chief Operating Officer for SIEL, overseeing operations, technology, and change management, as well as supporting enterprise risk, resilience, and business continuity planning. As Head of SEI’s UK Private Banking and Wealth Management business, he leads the delivery of comprehensive technology and operations solutions for UK wealth managers.  

Commenting on his appointment, London said:

“I am honoured and excited to take on this role in the midst of a period of significant change and transformation in financial services. Our industry position sets us apart in the competitive landscape, and we have a significant opportunity to accelerate SEI’s growth in the UK market. The future of wealth management is rooted in providing a personalised and connected experience, and our world-class technology and investment solutions connect investors to what matters most and power the future of wealth.”

SEI is seeking candidates for the role of Chief Operating Officer for SIEL.

About SEI^®

SEI (NASDAQ:SEIC) delivers technology and investment solutions that connect the financial services industry. With capabilities across investment processing, operations, and asset management, SEI works with corporations, financial institutions and professionals, and ultra-high-net-worth families to solve problems, manage change and help protect assets—for growth today and in the future. As of March 31, 2023, SEI manages, advises, or administers approximately $1.3 trillion in assets. For more information, visit seic.com.

This release contains forward-looking statements within the meaning or the rules and regulations of the Securities and Exchange Commission.  In some cases you can identify forward-looking statements by terminology, such as ‘'may,’' '‘will,’' ‘'expect,’' ‘'believe’' and ‘'continue’' or ‘‘appear.’’ Our forward-looking statements include our current expectations as to:

• The degree to which we will evolve our operating model, including the exploration and application of emerging technologies to drive efficiency and scale,
• our market opportunities in the United Kingdom,
• whether we will be positioned to seize the opportunities we believe are present in industry and market change and drive future growth,
• the strategic initiatives and business segments that we will pursue, and
• the success, if any, of the sales and strategic initiatives we pursue.

You should not place undue reliance on our forward-looking statements, as they are based on the current beliefs and expectations of our management and subject to significant risks and uncertainties, many of which are beyond our control or are subject to change. Although we believe the assumptions upon which we base our forward-looking statements are reasonable, they could be inaccurate. Some of the risks and important factors that could cause actual results to differ from those described in our forward-looking statements can be found in the “Risk Factors” section of our Annual Report on Form 10-K for the year ended Dec. 31, 2022, filed with the Securities and Exchange Commission.