Meradia, a specialist in consulting for investment operations and technology, has promoted Richard E Mailhos, Principal, to lead the firm’s Investment Performance practice.
In his new role, Mailhos will be responsible for the continued development of Meradia’s performance practice. Managing Director Laurie J Hesketh, CIPM, PMP, who developed and led Meradia’s global performance practice to date, will transition to a strategic client-facing and business growth role. Mark R David, CFA, who manages Meradia’s Risk and Analytics practice, will work closely with Mailhos to drive continued growth across the segment.
“As Meradia continues to deepen its footprint in financial services, we seek to expand our practice areas, including Performance, Wealth Management and Client Experience,” says Scott A Wybranski, CFA, Meradia’s President and CEO. “Rich has demonstrated success and an unwavering commitment to our clients, making his progression to this role a natural fit. Historically, performance, risk and analytics have been among our most requested services offerings. With Rich and Mark as our guides, Meradia is well equipped to grow and develop these services for years to come.”
Mailhos, who has over 25 years of industry experience, spent two years with BNY Mellon’s Middle-Office Outsourcing division and 16 years at Eagle Investment Systems. While at Eagle, he established the Eagle Performance implementation practice and managed a global team of consultants on implementations and upgrades across numerous asset managers, sovereign wealth funds, private wealth services, family offices, private endowments and insurance companies. Through his work with this broad mix of clients, Mailhos developed the concept of the Performance Book of Record (PBOR), which is now widely used across the industry.
“With increasing client reporting demands and a growing number of technology alternatives, now is the time to for the investment industry to transform performance operations,” says Mailhos. “As practice lead, I am eager to collaborate with industry firms to position their performance measurement operations for scalable growth.”