Lauren Bloom Promoted to Head of Canada; Samantha Cleyn Promoted to Head of
Institutional for Canada
BALTIMORE, July 6, 2022
/PRNewswire/ -- T. Rowe Price
announced that Lauren Bloom has been
named head of Canada. Bloom is
responsible for leading and executing T. Rowe Price's distribution business strategy in
Canada. In her new role, she will
report to Chris Newman, head of
Americas distribution for the firm.
Bloom was previously head of intermediary and defined
contribution, Canada. Since
joining T. Rowe Price in 2018, she
has helped grow and diversify distribution of the firm's investment
strategies through Canadian intermediary partners. In her new
position, Bloom will focus on leveraging T. Rowe Price's global investment platform to best
serve consultants, financial intermediaries, and institutional
clients throughout Canada. Prior
to her tenure at T. Rowe Price,
Bloom spent 10 years in various roles with CI Institutional Asset
Management. Her last position was vice president, strategic
alliances, where she was responsible for institutional business
development and client service for banks, insurance company
platforms, pension plans, consultants, and multi-family
"T. Rowe Price is committed to
growing its business in Canada,"
said Newman. "Lauren brings many years of experience and is well
positioned to take on the role of head of Canada. Under her leadership, continued
attention will be given to providing clients with the full depth
and breadth of T. Rowe Price's
investment expertise, which encompasses strategies across every
sector and region of the global financial markets – equities, fixed
income, and alternative securities markets, as well as multi-asset,
and specialty strategies."
"I am honored to take on this new role as we continue to grow
and bring T. Rowe Price's investment
capabilities to the Canadian market," said Bloom. "Since opening
our Canadian office in 2007, we have been fortunate to partner with
large Canadian institutional and intermediary clients from coast to
coast. Today we manage over $22.9
billion CAD1 and offer strategies to Canadian
clients via separate accounts' sub-advisory, Canadian pooled funds
and model delivery."
Samantha Cleyn has been promoted
to head of institutional for Canada. In this role she is responsible for
developing and executing a business plan for serving institutional
clients. Cleyn was previously head of Eastern Canada for T. Rowe Price's Americas division; this new
position expands her responsibilities to the entire country.
Throughout her 15-year career, Cleyn has worked exclusively with
institutional investment clients and brings longstanding business
relationships to her new role. Prior to joining T. Rowe Price in 2020, she was a senior investment
consultant at Mercer in Montreal.
Cleyn will report to Bloom.
These promotions follow a strategic business and organizational
review following the retirement of Bruce
Winch, previously head of Canada for T. Rowe
Price, who retired from the firm on March 1, 2022. The team comprises seven people
focused on serving the Canadian market; its office is in the TD
North Tower in Toronto.
"In this highly relationship-driven business, our team has
demonstrated their dedication to supporting distribution efforts
across consultants, intermediaries, and institutional clients. They
are committed to improving customer experience and engagement by
pairing our global platform with a local presence," said Newman.
"T. Rowe Price greatly values its
client relationships in Canada,
and Lauren and Sam's promotions highlight our continued commitment
to client success."
1 As of May 31,
ABOUT T. ROWE PRICE
Founded in 1937, Baltimore-based T. Rowe Price (NASDAQ-GS: TROW), is a global
investment management organization with $1.40 trillion in assets under management as of
May 31, 2022. The organization
provides a broad array of mutual funds, subadvisory services, and
separate account management for individual and institutional
investors, retirement plans, and financial intermediaries. The
organization also offers a variety of sophisticated investment
planning and guidance tools. T. Rowe
Price's disciplined, risk-aware investment approach focuses
on diversification, style consistency, and fundamental research.
For more information, visit troweprice.com, Twitter,
YouTube, LinkedIn, or Facebook.
SOURCE T. Rowe Price Group, Inc.