Harriet Steel exits Federated Hermes

She leaves the firm after more than a decade

Harriet Steele Federated Hermes head of business development


The head of business development, international at Federated Hermes, Harriet Steel (pictured), has left the company, Portfolio Adviser can reveal.

A spokesperson declined to comment when asked to provide any details about her departure.

A member of the senior management team and an executive board director, Steel joined what was then Hermes Investment Management in November 2011 as global head of business development.

Hermes was acquired by Federated in 2018.

Steel started her career at Bankers Trust Company in 1990 before moving to Morgan Stanley, before setting up asset raising and market advisory firm Portico Advisors in 2003.

See also: Harriet Steel: ‘I don’t think the sector will be selling funds in 10 years’


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