Raja Dakkuri
joins Cohen & Steers to succeed Matthew
Stadler
NEW
YORK, June 24, 2024 /PRNewswire/ -- Cohen &
Steers, Inc. (NYSE: CNS) announced today that Raja Dakkuri has joined Cohen & Steers as
Executive Vice President and Chief Financial Officer. Mr. Dakkuri
succeeds Matthew Stadler, who
previously notified Cohen & Steers on October 17, 2023 of his intention to retire
during 2024 upon the appointment of his successor.
As Chief Financial Officer, Mr. Dakkuri will lead the firm's
financial operations, financial strategy and investor relations. He
joins the firm's Executive Committee and reports to Joseph Harvey, Chief Executive Officer and
President.
Mr. Dakkuri joins Cohen & Steers from Valley National
Bancorp and Bank, where he served as Chief Risk Officer. Prior to
that he was an executive at Bank Leumi USA from 2015 until its merger with Valley
National Bancorp in 2022. At Bank Leumi USA he was most recently the Chief Financial
Officer and Chief Operating Officer. Mr. Dakkuri's experience also
includes prior finance and accounting roles at Point72, Citigroup
and KPMG.
Joseph Harvey, Chief Executive
Officer and President, said:
"Raja's 30 years of
financial management and strategy experience will be instrumental
in advancing our financial goals, enhancing operational efficiency
and continuing to deliver value to our clients and shareholders. We
are excited to welcome Raja to our firm."
Mr. Stadler will remain with the firm in the position of
Executive Vice President to support this transition. Mr. Stadler
will retire after 19 years of service at Cohen & Steers and
over 44 years in the asset management industry.
Mr. Harvey added:
"Matt has played a critical role
in the growth and performance of Cohen & Steers over the past
two decades, leading our finance department as CFO, as a member of
the Executive Committee and a valuable resource for the Corporate
Board. We thank Matt for his leadership and dedication and wish him
the best in retirement."
About Cohen & Steers. Cohen & Steers is a leading
global investment manager specializing in real assets and
alternative income, including listed and private real estate,
preferred securities, infrastructure, resource equities,
commodities, as well as multi-strategy solutions. Founded in 1986,
the firm is headquartered in New York
City, with offices in London, Dublin, Hong
Kong, Tokyo and
Singapore.
Website: https://www.cohenandsteers.com
Symbol: NYSE: CNS
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SOURCE Cohen & Steers, Inc.