Dimensional Fund Advisors Promotes Savina Rizova to Co-CIO

Dimensional Fund Advisors, an investment advisory firm with $677 billion in assets under management, announced that Savina Rizova, global head of research, will become co-CIO alongside Gerard O’Reilly on February 1, amid a number of changes, including the appointment of a new president for the firm’s Canadian business.

O’Reilly also led the Austin, TX-based firm’s research team prior to being named co-CEO and CIO in 2017. As co-CIOs, O’Reilly and Rizova, who joined in 2004, will lead a team of more than 300 professionals across six countries.

“In addition to her impressive research expertise, she has helped drive innovation across Dimensional’s product offering, including the development, launch, and rapid growth of our exchange-traded funds, expanded separately managed accounts offering, and model portfolios,” O’Reilly said.

The firm has also named Brad Steiman as president of its Canadian business. Steiman was formerly head of the wealth management group for Dimensional Fund Advisors Canada ULC.

In addition, chief talent officer Stacey Winning will become global co-head of human resources alongside HR chief Aaron Marcus. These appointments are also effective as of February 1.