Diversified Search Ray & Berndtson has appointed Richard Krell as managing director to head the firm’s new Los Angeles office.

Krell was previously owner of a Los Angeles-based executive search firm concentrating on the buy-side investment management industry, recruiting equity and fixed income portfolio managers, research analysts, traders, marketing and client service professionals.

“The new Los Angeles office is a key location in the firm’s strategy to expand our US presence,” says Judith von Seldeneck, founder, chairman and chief executive of Diversified Search Ray & Berndtson.