International Asset Management has announced the appointment of Mike Paciullo as Global Head of Operational Due Diligence based in IAM's New York office.

Paciullo has a wealth of experience from senior positions within operational due diligence including tenures as Head of Operational Due Diligence at JP Morgan Alternative Asset Management and Director of Operational Due Diligence for DB Advisors Fund of Funds. Paciullo takes over the role from Mark Faulkenberg who has pursued interests outside of operational due diligence.

Commenting on this appointment Morten Spenner, CEO at IAM, said: "We are very pleased with Mike's appointment. As a firm, we place great importance on the operational due diligence area, its separate function and reporting line from general research, and our strong continuous track record in avoiding operational difficulties. Mike adds very strong experience and we welcome him to our team."