StockNews.AI
SEIC
StockNews.AI
21 days

Sanjay Sharma to Lead SEI's International Business

1. Sanjay Sharma appointed CEO of SEI International to drive global growth. 2. Focus on optimizing growth opportunities outside North America enhances market reach. 3. Integrated strategies aim to improve returns and cultural alignment across operations. 4. Sharma's expertise in financial services supports client-centric international expansion. 5. SEI manages approximately $1.7 trillion in assets, signaling strong market position.

8m saved
Insight
Article

FAQ

Why Bullish?

Sanjay Sharma's promotion indicates a strong commitment to international growth, which can positively influence SEIC's market position and investor confidence. Historical examples show that leadership changes aligned with growth strategies typically lead to positive stock performance, such as during SEIC's past expansions.

How important is it?

The article details a significant leadership change with global implications for SEIC, likely impacting the stock price as investor sentiment aligns with growth opportunities in non-North American markets.

Why Long Term?

The change in leadership and strategic focus on international growth will take time to manifest in financial results, suggesting sustained effects in SEIC's future stock performance. Previous leadership transitions with clear strategies at firms often take several quarters to show benefits.

Related Companies

TSCOAPAM
Continued Business Evolution Underlines Strategic Focus on Accelerating International Growth , /PRNewswire/ -- SEI® (NASDAQ:SEIC) today announced the expansion of Sanjay Sharma's role to serve as CEO of SEI International. With more than 25 years of financial services industry experience, spanning four continents and 11 countries, Sharma will be responsible for developing, coordinating, and executing growth strategies across all non-North American jurisdictions. Sharma will continue to lead SEI's Private Banking business globally. He will work closely with domestic and international leadership across the company to evolve and implement an integrated business and workforce strategy. Sharma's focus will be on optimizing SEI's growth opportunities, maximizing returns on invested capital, and continuing to drive cultural alignment and enterprise positioning. Commenting on Sharma's expanded role, CEO Ryan Hicke, said: "Over 30 years, we have demonstrated our commitment to our international markets—investing in our operational footprint, services, and solutions—and a key component of driving future growth globally is expanding our addressable market outside of North America. We believe having an Executive Committee member on the ground, leading our international business strategy, clearly demonstrates our conviction in global expansion opportunities, ensures strategic alignment across teams, and accelerates our growth." "In the last few years, we have built and executed blueprints for success, while unifying our workforce and go-to-market strategies. As we focus on our growth opportunities, Sanjay is uniquely positioned to lead our efforts with his global experience, deep knowledge of the financial services industry, and change management expertise. As I've said before, we are running this company differently, and this is another important and decisive step in our vision for the future."  Sharma added: "We're committed to delivering best-in-class service and solutions, and this next phase of SEI's evolution as a global leader continues to reinforce our client-centric approach that is at the heart of everything we do. We will execute a unified strategy that reinforces our value proposition and enhances—not disrupts—our clients' experience with expanded capabilities across our international markets. Our client service model and the teams working with our clients remain unchanged—clients will continue to benefit from the deep relationships and support provided by their teams. With focused, accessible industry and regional expertise, integrated service offerings, and greater operational resilience, we will more seamlessly support our clients' growth." "I'm excited to continue working with our global leaders to build an optimal organizational structure, nurture an inclusive, collaborative culture, and drive growth across our international markets. Through an enterprise approach, our clients, employees, and stakeholders will experience the total value of SEI."  Sharma previously served as Chief Technology Officer, responsible for all of SEI's platforms and applications IT strategy, execution, and delivery. Prior to joining SEI, he ran a successful consulting business and held several key global delivery positions, including Head of Delivery in Europe for a global ITFS consulting company. About SEI®SEI (NASDAQ:SEIC) is a leading global provider of financial technology, operations, and asset management services within the financial services industry. SEI tailors its solutions and services to help clients more effectively deploy their capital—whether that's money, time, or talent—so they can better serve their clients and achieve their growth objectives. As of June 30, 2025, SEI manages, advises, or administers approximately $1.7 trillion in assets. For more information, visit seic.com. Forward-looking statementsThis press 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," "remain" and "continue" or "appear." Our forward-looking statements include our current expectations as to: our strategic priorities and our ability to execute against these priorities; our resource allocations; the benefits, if any, that we or our clients may derive from our international strategies; and the market dynamics affecting our businesses. 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, 2024, filed with the Securities and Exchange Commission. SOURCE SEI Investments Company WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News