Pyramis names new president

Pyramis Global Advisors, a division of Fidelity Investments of Boston focused on institutional asset management, announced yesterday that Kevin C. Uebelein has been named president and chief executive. Mr. Uebelein succeeds Peter J. Smail, who announced his retirement earlier this year. He will report to Michael Wilens, who was recently named Fidelity’s head of asset management. Mr. Uebelein has more than 22 years’ experience in institutional investment management. For the past seven years, he served at Newark, N.J.-based Prudential Financial Inc. as chief investment officer of its international business. Prior to that, he was managing director of the Prudential Private Asset Management Group. He will join Boston-based Pyramis in late June. Pyramis had $157 billion in assets under management as of March 31.