Virtus Investment Partners has appointed Sheila Hooda, founder, chief executive officer and president of Alpha Advisory Partners, to the firm’s board of directors.
Hooda (pictured) founded Alpha Advisory Partners in 2013 and has served as its CEO and president, focusing on strategy and long-term planning. The firm advises on strategic positioning, mergers and acquisitions, turnaround and transformation, customer-centricity and digital business models for companies in the financial and business services sectors.
"Sheila brings significant experience in the asset management industry from her senior roles in strategy and business development across a number of global organisations as well as her service on corporate boards," says George R Aylward, Virtus' president and chief executive officer. "We welcome the opportunity to have her join our board and we look forward to benefiting from her experience and insights."
Prior to founding Alpha Advisory Partners, Hooda served most recently as the global head of strategy and business development in the investors segment of Thomson Reuters' financial and risk business group, and earlier as senior managing director in strategy, M&A and corporate development roles at TIAA, the retirement and asset management company.
She previously was managing director, global equities in the investment banking division at Credit Suisse Group, and prior to this held roles at Bankers Trust, Andersen Consulting and McKinsey & Co. She began her career at American Express Bank in India.
She serves on the board of directors of Mutual of Omaha Insurance Company, where she is a member of the investment committee and the risk committee.