Sumali is a co-founder of Piedmont Investment Advisors and serves as Chief Operating Officer and Co-Portfolio Manager of Market Plus, Piedmont’s large cap enhanced index product as well as Co-Portfolio Manager of Piedmont’s Quantitative SMID, Small Cap, Index and Smart Beta strategies. She leads the quantitative team that is responsible for providing quantitative support to all of Piedmont’s investment products as well as research and development of new products. Sumali is an equity partner of the firm and chairs the Executive Committee. Previously, Sumali served as Director of Quantitative Research at Loomis Sayles where she was responsible for providing quantitative support to Large Cap Value, Small Cap Value, and SMID products.
Sumali received her BS and MS in Economics from the University of Calcutta, India, one of the premier educational institutions in India. Then she received her MBA in Finance and Management Information Systems from Oakland University in Michigan. Sumali holds the Chartered Financial Analyst (CFA) designation. She is a member of the Chicago Quantitative Alliance (CQA), the Association of Asian American Investment Managers (AAAIM), 100 Women in Finance, The Indus Entrepreneurs (TiE) and Beta Gamma Sigma. Sumali has served on the Board of the Greater Durham Chamber of Commerce, on the Board of the Emily K Center, and on the Grants Committee of The Art of Giving.