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Diamond Hill Investment appoints co-chief investment officer

Diamond Hill Investment Group has appointed Chris Bingaman as co-chief investment officer effective 31 December 2011.

Bingaman, who succeeds Ric Dillon, will share his role with Chris Welch.

Dillon will continue in his role as a co-portfolio manager of Diamond Hill’s Long-Short strategy and as CEO of Diamond Hill.

In addition to Bingaman’s appointment, the company has named Laurie Riebel as managing director of institutional business.

In her role, Riebel will be responsible for institutional business development, client portfolio management, and client relations.

Riebel joined Diamond Hill in 2007 as a client portfolio manager.

Previously, Riebel worked at Nationwide Insurance where she served in a variety of roles within the Office of Investments, including fixed income analyst and portfolio manager.