Federated Hermes has announced the appointment of Clive Selman as international head of sales, responsible for all sales activities across Asia-Pacific, Europe, and the Middle East.
Mr Selman joined Federated Hermes in 2012, most recently serving as head of UK distribution, including institutional, wholesale, consultant relations, and global financial institutions.
Before this, he spent more than 12 years at Man Investments, responsible for distributing their hedge fund portfolios to a UK and European audience.
Mr Selman holds a bachelor degree with honours in business studies and German from the University of Sheffield.
Federated Hermes confirmed he will report to Paul Uhlman, president of Federated Securities Corp, who oversees global distribution at the firm.
Following Mr Selman’s appointment, Dan Churchouse has been promoted to head of sales for UK and Ireland from his current position as head of UK wholesale. In this role, he will report to Mr Selman.
Dan Churchouse first joined the firm in 2017 from Kames Capital and has supported the growth of the UK wholesale business since then.
Commenting on the appointments, Mr Uhlman said: “These changes are a reflection of the strong talent we have in the Federated Hermes sales team.”
“Under Clive’s leadership, we will seek to scale our sales and business development activities across EMEA and APAC bringing our liquidity, equity and fixed income investment products, along with our market-leading stewardship capabilities to existing and prospective clients,” Mr Uhlman added.
“Clive and his team will also work closely with Federated Hermes private markets sales team, led by Jakob Nilsson, to bring this range of excellent products to our markets.”
In May, the firm also announced the appointment of Jim Roland as its new head of distribution for the Asia-Pacific.
At the time, Federated Hermes confirmed that Mr Roland would oversee its sales and distribution efforts across APAC, including Australia, and would report to Mr Uhlman.
As of 30 June 2022, the firm reported $704 billion in assets under management.