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Announcement

ProShares names Paulami Kar as Head of Product Management

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ProShares, a provider of alternative ETFs, has appointed Paulami "Paula" Kar as head of product management. 

She will report to ProShares' Head of Strategy Steve Cohen and will be based in the company's Bethesda, MD headquarters.

"Paula's proven track record in ETF product management makes her an outstanding addition to our organization," sasaysid Cohen. "We look forward to her leadership as she helps drive growth in our lineup of alternative ETFs, which span a broad range of strategies, from interest-rate-hedged fixed income, to dividend growers to multi-alternative solutions, among others."

Kar brings more than 13 years of investment industry experience to ProShares, having most recently served as head of US iShares Fixed Income Product Management for BlackRock. She also served as director of strategy for BlackRock's Global Fixed Income business. Prior to BlackRock, Kar was with McKinsey & Company's Financial Institutions Group, covering asset management, banking and insurance clients. She began her career with Citigroup in India.

Kar has an MBA with a major in finance from The Wharton School, University of Pennsylvania, a post-graduate degree in management from the Xavier Labor Relations Institute (India) and a bachelor of science in economics from Presidency College, University of Calcutta (India).

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