Ultimus hires senior business development manager

Ultimus Fund Solutions, an independent U.S.-based administrator, has hired Donald Colombo as senior vice president of business development. He will focus on supporting the firm’s growth in registered fund services in the institutional asset manager space, as well as growing Ultimus’ outsourced middle office presence. He joins from corfinancial, and has previously worked at Citi and J.P. Morgan.

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