By Arasu Kannagi Basil

July 28 (Reuters) -

Investment firm Carlyle announced on Monday it has

rejigged its senior leadership ranks and named three of its

veterans for its newly created role of co-president.

Chief Financial Officer John Redett, credit head Mark

Jenkins and client business head Jeff Nedelman will become

Carlyle's co-presidents, effective January 1, 2026.

"These individuals, all Carlyle veterans, are proven leaders

whose deep expertise and extensive experience will drive our

next phase of growth," CEO Harvey Schwartz said.

Under Schwartz's leadership, Carlyle has undergone a

multi-year transformation to turnaround the business by

rejigging leadership and realigning its compensation model,

while expanding beyond its private equity roots.

Carlyle said the appointments would bolster its ability to

operate at scale in a competitive environment.

In the newly created roles, the trio will closely work with

Schwartz to further Carlyle's growth ambitions, the firm said.

The move should accelerate growth across segments while

freeing up the CEO to focus on key areas such as solutions and

wealth management businesses, TD Cowen analysts said.

"The moves seem logical in that the CEO is creating the

next leg of leadership," they said, adding Carlyle was entering

its next phase of evolution.

In addition to their new roles, Jenkins will lead the credit

and insurance business, while Nedelman will continue to head the

client business.

Redett will lead Carlyle's private equity business and

oversee the corporate private equity and real assets businesses.

Justin Plouffe, the deputy chief investment officer for

Carlyle's credit business, will succeed Redett as Carlyle's

finance boss next year, the company said.

Michael Wand, who oversees the firm's private equity

business in Europe, will become the head of EMEA investments and

work closely with the company's co-presidents.

Admiral James Stavridis, the former Supreme Allied Commander

at NATO and Carlyle's vice chair of global affairs, will become

the company's vice chairman.

Carlyle manages $453 billion in assets across private

equity, credit and its AlpInvest business. It will report

quarterly results next week.