TIAA Promotes Hester to Chief Legal Officer

Bret Hester

Bret Hester was promoted to senior executive vice president and chief legal officer at TIAA. Hester succeeds John Douglas, who will remain at TIAA through June 2026 as special adviser to the CEO.

Effective June 2, Hester will be responsible for legal, government relations and corporate security functions for both TIAA and Nuveen. He will report to CEO Thasunda Brown Duckett, join TIAA’s executive committee and be based in New York.

Hester currently serves as executive vice president and general counsel and leads the legal team for TIAA’s wealth management and advice solutions, as well as the company’s government relations and public policy team.

Hester joined TIAA in 2017 from Barclays, where he led the Washington, D.C.  office. He also previously served in the U.S. Department of the Treasury.

Franklin Templeton Appoints Head of Custom Client Solutions

Franklin Templeton announced that

Roger Paradiso

 will take the newly created position of head of custom client solutions. He will continue his existing responsibilities while expanding his portfolio of work across a wider set of solutions and experts, according to the announcement.

In this expanded role, Paradiso will oversee the custom client solutions group, which brings together the firm’s entire set of adviser-oriented investment technology solutions.

Paradiso will report to Head of Innovation Sandy Kaul and partner with the firm’s broader distribution, investment and technology teams to “ensure delivery of leading client solutions.”

Paradiso previously built and sold the Private Portfolio Group, now Morgan Stanley’s unified managed account platform, and launched the first UMA platform at Citi Asset Management.

Aon Names Chief Strategy Officer

Lambros Lambrou

Aon appointed Lambros Lambrou to serve as chief strategy officer, effective immediately.

As chief strategy officer, Lambrou will take on responsibility for key Aon executive committee initiatives, including support of Aon’s “independent and connected NFP strategy.” Aon acquired NFP in April 2024.

Lambrou will work closely with NFP CEO Doug Hammond and his leadership team. Lambrou and Hammond will continue to report to Aon President and CEO Greg Case.

“Lambros is a proven Aon leader with deep experience serving clients across Human Capital and Risk Capital,” said Case in a statement. “In collaboration with NFP’s leadership team and colleagues, Lambros will build on the momentum we have created together in the first year of our NFP partnership, as we deliver shared and distinctive content and capability to our clients.”

J.P. Morgan Asset Management Names Davis as CEO of Timberland Unit

Angie Davis

J.P. Morgan Asset Management announced the promotion of Angie Davis to CEO of Campbell Global LLC, a timberland-focused investment manager and subsidiary of JPMAM.

Davis, whose appointment is effective October 1, will succeed John Gilleland, CEO of Campbell Global since 2002, who has spent 43 years at the firm.

Gilleland will transition away from his responsibilities as CEO over the next 12 months and will play an active role as chairman of the board of Campbell Global’s Australasia platform, chair of the firm’s allocation group and as a member of its investment committee and executive team, according to a statement from J.P. Morgan.

Davis, currently president of Campbell Global, has been at the firm for 25 years. She previously worked at State Street as a consultant and was assistant director of investments at the Oregon State Treasury.