NEW YORK--(BUSINESS WIRE)--The RBB Fund, Inc, and The RBB Fund Trust, (collectively “RBB”), pioneers within the independent series trust, are pleased to announce that Steven Plump has joined RBB as its CEO and President. In this newly created role, Steve will be responsible for, but not limited to, the following:
- Enhance and maintain RBB’s competitive advantage as the low cost/high value and high-quality service provider
- Develop and execute strategic plans, including new international initiatives and partnerships
- Lead responsible long-term growth and value creation, which benefits all stakeholders
- Strategically monitor changes within the industry and adapt strategies which positively position the Trust and our advisors
Mr. Plump joins RBB with more than three decades of experience, primarily focused within the sales and distribution landscape. Prior to joining RBB, Steve spent 15 years at Allianz/PIMCO where he most recently was an Executive Vice President, responsible for home-office business relationships, and Head of National Accounts. Previously, Mr. Plump spent 11 years at Credit Suisse Asset Management (Formerly Warburg Pincus Asset Management), where he served in several executive capacities, including CEO/President of the Credit Suisse Funds, and President of Credit Suisse Asset Management Securities, Inc.
“RBB's rapidly-expanding ETF platform is highly responsive to current marketplace trends, and I'm honored to lead the oldest and largest multiple series trust that continually adapts to serve its advisors,” said Plump. “The people and teams I have met are best-in-class, and I look forward to working with everyone.”
The RBB Fund, Inc., was the first organized multiple series trust, founded in 1988. Today, RBB’s independent and open-architecture platform allows advisors to customize solutions at a low-cost.
“Our growth and evolution over the last decade requires us to add a full-time President to lead our team and take us to the next level,” said Arnold M. Reichman, Chairman of the RBB Board. “Steve’s vision for the platform fits RBB’s innovative culture, and we look forward to his enhancements and leadership.”
About The RBB Fund
RBB is a turnkey ETF and Mutual Fund solution which permits an investment advisor to focus on its core competency of asset management and shifts responsibility for the establishment, servicing, and corporate governance of funds to RBB. RBB oversees approximately $19 billion in assets, supporting 11 separate investment advisors, over 20 unaffiliated subadvisors, and over 40 mutual fund or ETF offerings. For more information, please visit www.rbbfund.com.
