SEI Strengthens Board with Karin Risi and Tom Naratil Appointments
Investor - People | Jul 22, 2025 | SEI Investments Management Cor
SEI Investments Management Corporation, a key player in the financial technology and asset management sector, has announced the appointment of Karin Risi and Tom Naratil to its Board of Directors, effective immediately. This move marks a significant evolution in SEI's leadership structure, aligning with its strategic goals of sustained innovation and enhanced shareholder value. Risi brings a wealth of experience from her extensive career at Vanguard, where she led significant revenue-generating businesses and strategic initiatives. Naratil, with a deep background in financial services, notably at UBS, offers SEI his advisory acumen and operational expertise. The appointments come as Stephanie Miller steps down to pursue further leadership opportunities. With these changes, SEI aims to navigate industry shifts and capitalize on growth opportunities within the asset and wealth management landscape, leveraging the new directors' diverse expertise. Furthermore, these leadership additions underscore SEI’s commitment to embracing innovation and operational efficiency to meet evolving client needs across the financial services industry.
Sectors
- Financial Services
- Asset Management
- Private Equity
Geography
- United States – SEI is based in Oaks, Pennsylvania, and both newly appointed directors have relevant U.S. backgrounds and roles.
Industry
- Financial Services – The article discusses SEI, a company in the financial services industry focusing on asset management and financial technology solutions.
- Asset Management – Karin Risi and Tom Naratil have backgrounds in wealth and asset management, essential to SEI's strategic initiatives.
- Private Equity – Tom Naratil is associated with Lightyear Capital, a private equity firm, and his expertise will impact SEI’s board dynamics.
Financials
- $1.6 trillion – SEI manages, advises, or administers approximately $1.6 trillion in assets as of March 31, 2025.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| SEI Investments Management Corporation | Company making Board Appointments | Company | A global provider of financial technology and asset management services. |
| Karin Risi | New Board Member | Person | Former Vanguard executive and current Independent Director at HarbourVest Partners. |
| Tom Naratil | New Board Member | Person | Operating Partner at Lightyear Capital with a notable career at UBS. |
| Stephanie Miller | Outgoing Board Member | Person | Resigned from SEI's Board of Directors to pursue a leadership role elsewhere. |
| Lightyear Capital | Connection of Tom Naratil | Company | A private equity firm where Tom Naratil serves as an Operating Partner. |
| HarbourVest Partners | Connection of Karin Risi | Company | A global private markets investment firm where Karin Risi is an Independent Director. |