SEI Investments Company today announced the appointment of Paul Lehman, CFA, as Head of Bank Asset Management Distribution, reporting directly to Michael Lane, Head of SEI’s Asset Management business. Lehman will spearhead SEI’s efforts to deepen relationships with national, regional and community banks, as well as affiliated wealth organizations and independent trust companies, directing all investment sales and partnership development initiatives within these channels.

In his new role, Lehman is charged with expanding the delivery of SEI’s asset management capabilities—spanning public and private individual solutions, OCIO and co-CIO offerings—through SEI’s integrated technology platform. This appointment underscores SEI’s commitment to helping banks differentiate their wealth platforms by offering streamlined, comprehensive investment solutions that align with evolving regulatory frameworks and banks’ strategic priorities.

Lehman brings over 30 years of experience leading bank trust and wealth management organizations. He most recently served as Head of the Bank Trust Group at Dimensional Fund Advisors, where he managed a national team supporting bank and trust partners. Prior roles include Chief Investment Officer and Head of Capital Management at First Citizens Bank. He holds a bachelor’s degree from the University of South Carolina and a master’s in business psychology from Franklin University, and is a Chartered Financial Analyst and CFA Institute member.

As of September 30, 2025, SEI manages, advises or administers approximately $1.8 trillion in assets, reflecting a 12% increase year-over-year. The firm’s asset management segment has contributed to a compounded annual growth rate of 8% over the past three years. With Lehman’s leadership in the bank distribution channel, SEI aims to accelerate penetration in institutions currently representing 40% of its target market, supporting its broader objective of expanding fee-based revenue across its technology, operations and asset management lines.