(Reuters) – Apollo Global Management Inc on Monday appointed former U.S. Securities and Exchange Commission (SEC) chief Jay Clayton as non-executive chairman of its board and said Co-Founder Marc Rowan will formally assume the role of chief executive officer.
Rowan was appointed as Apollo’s CEO after Co-Founder Leon Black stepped down from the post in January, following an independent review of his ties to the late financier and convicted sex offender Jeffrey Epstein.
(Reporting by Noor Zainab Hussain in Bengaluru; Editing by Vinay Dwivedi)