Bloomberg has announced the forthcoming retirement of Bloomberg Index Services Limited (BISL) Chief Executive Officer Steve Berkley, and appointment of Dave Gedeon as CEO upon Berkley’s retirement in March 2023. Gedeon is currently serving as Deputy CEO and Head of Index product.
“On behalf of Bloomberg and BISL’s management teams, I’d like to extend our immense appreciation to Steve Berkley for his service to our index business, which has flourished through his expertise, leadership and vision for building world-class benchmarks for the global markets,” says Peter T. Grauer, Chairman, Bloomberg. “As a thoughtful and strategic leader, Steve has rightfully earned the utmost respect of his team, our clients, and the wider financial community and we wish him the best in his next chapter. With this transition we are pleased to welcome Dave Gedeon into this new role and are confident he is the right individual to further build upon the success of Bloomberg Indices which he has already greatly contributed.”
In his time with BISL, Gedeon has overseen the strategy and development of products and services for Bloomberg’s Multi-Asset Index business, including the commodity and alternatives index suite, multi-asset strategies, third-party calculation efforts and the global equity indices launch and subsequent expansion into emerging markets and thematic benchmarks. Prior to Bloomberg, Gedeon was the Global Head of Research & Development at Nasdaq and was responsible for index product management, development, and research of Nasdaq Global Indexes. Bloomberg writes that as a recognised leader in index design and implementation, Gedeon has overseen the launch of thousands of indices and subsequent product growth during his tenure in the industry.
“Joining Bloomberg Indices with the opportunity to help craft the multi-asset strategy was an immense professional opportunity as it brought me into an organization with renowned index experience and leadership which guided our flagship fixed income benchmarks through decades of market fluctuations,” says Gedeon. “I am incredibly honoured to lead the Bloomberg Index business forward into our next chapter as we strive to continually enhance our offerings in the goal of serving the unique needs of our global client base.”
During this transition period, Bloomberg writes that Berkley and Gedeon will continue to work together to focus on implementing BISL business strategy, continuing to innovate on our flagship fixed income offerings, expanding into further multi-asset and equity offerings, and ultimately remaining responsive to market shifts and opportunities for clients as they arise.
Gedeon has been interviewed by ETF Express for its awards’ special reports. You can find those interviews here:
