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Morningstar UK appoints Mark Roomans as CEO

Morningstar UK has appointed Mark Roomans as chief executive as part of a significant top level restructuring.

Roomans, who replaces Geoff Balzano in the role, was previously co-chief executive for Morningstar Australasia and has held senior roles at JP Morgan Investment Management and Merrill Lynch Investment Management.

Balzano, who has been UK chief executive at the firm since 2007, will now focus exclusively on his role as head of adviser solutions for Morningstar in Europe, the Middle East and Africa.

Morningstar has also appointed Daniel Needham as president and chief investment officer of the Morningstar Investment Management group. He will begin his new role on 2 February.

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