Larry Cohen is the head of operations and technology at AllianceBernstein where he manages the global infrastructure for institutional and retail asset management, private wealth management, and sell-side research and brokerage. Larry created a business-aligned infrastructure model to focus on key business priorities (new investment products and services, acquisitions, client engagement, and expansion to new markets) and enterprise goals (operational excellence, infrastructure innovation, risk management, and operating leverage). This integrated infrastructure model has enabled business growth and product innovation while reducing costs and increasing operating margin. Larry joined the firm in 2004 as the chief technology officer.
For more than three decades, Larry has been a technology leader in financial services. He has held senior leadership roles at UBS, where he managed technology for equities and enterprise shared services, at Goldman Sachs, where he was the head of technology for private wealth management and at Morgan Stanley, where he managed technology for asset management, prime brokerage, trading, brokerage operations, correspondent clearing, and finance. He was also the head of technology infrastructure for the Asia-Pacific region based in Tokyo and the global head of networking and telecommunications. Early in his career, Larry managed trade processing systems at First Boston, automated trade processing at State Street Bank, worked as a management consultant at Arthur Young & Co, and worked at IBM’s Thomas J. Watson Research Center.
Larry received an A.B. in Engineering and Applied Sciences from Harvard University. He is a member of the Board of Directors of NYC FIRST, an organization that inspires and engages students in the study of science and technology. He is also a member of the Board of Directors of Bridges to Prosperity, an organization that provides isolated communities in Africa, Central and South America, and Asia with access to essential health care, education, and economic opportunities by building footbridges over impassable rivers.