Friday, January 27, 2012

Cantor Fitzgerald & Co. Appoints Jack Oestreicher, Rob Barrett, Scott Sodokoff, Jim McHugh, Bill Dial, Elie Radinsky and Grenville Day

Cantor Fitzgerald & Co. announced key appointments of several seasoned professionals in the firm’s high yield, investment grade and research groups as it continues to build out its global credit fixed income platform and capabilities. These individuals will report to Adam Vengrow and David Pichler, co-heads of the credit fixed income department.

Jack Oestreicher joins Cantor as a managing director in high yield and distressed. Previously, Oestreicher was a managing director for distressed sales & trading covering distressed hedge funds focused on distressed securities at The Royal Bank of Scotland.

Rob Barrett joins as a managing director in trading and sales at Cantor. Most recently, Barrett served as a managing director in high yield sales & trading at BNP Paribas. Earlier, he spent over 20 years at JP Morgan in corporate bond trading.

Scott Sodokoff joins Cantor as a managing director on the credit trading team responsible for energy, utility, project finance, aircraft and military housing trading. Sodokoff served as a managing director, desk head and trader in the institutional taxable fixed income services group at Piper Jaffray with a trading focus in secured aircraft, project finance, military housing, infrastructure finance, and credit. Earlier, he worked at Bear Stearns & Co., as a managing director where his team initiated a new business line including private placements and special situations. He also previously worked at UBS Investment Bank and Prudential Securities.

Jim McHugh, a managing director in investment grade sales, joins Cantor from MF Global. Previously, McHugh worked as a managing director and head of U.S. credit sales at RBC Capital.

Bill Dial joins Cantor as a managing director in investment grade credit products. Dial previously served as a managing director at Knight Capital where he primarily traded chemicals, metals and mining, autos, builders and REITs. Earlier, he served as a managing director at Barclays Capital where he oversaw the firm’s cash and CDs group focusing on industrials and autos. Before that, he served as a managing director at Deutsche Bank in credit trading.

Elie Radinsky joins Cantor as a managing director covering high yield, distressed and bank loan credits focusing on the healthcare, retail and special situations sectors. Most recently, Radinsky headed the high yield research groups at BTIG and Chapdelaine Credit Partners.

Grenville Day joins Cantor as a managing director covering high yield, distressed and bank loans. Most recently, Day served as a distressed and special situations analyst at Citadel Securities where his primary responsibilities included reviewing investing opportunities in bonds and loans and revising investment opportunities. -PR Newswire


Christopher J. Kelleher Joins Newfleet Asset Management

Newfleet Asset Management announced that Christopher J. Kelleher has joined the company as managing director and senior portfolio manager.

Kelleher joins Newfleet’s multi-sector fixed income strategies team, where he will co-manage fixed income assets in the Virtus Total Return Fund; the Virtus Tactical Allocation Fund; and other portfolios.

Kelleher previously was a member of the portfolio management team that joined Virtus in June 2011 and now manages the Newfleet multi-sector portfolios, including Virtus’ largest mutual fund, the Virtus Multi-Sector Short-Term Bond Fund. He previously was a senior managing director and senior portfolio manager at Goodwin Capital Advisers, a former affiliate of Virtus, where he managed the Goodwin’s multi-sector bond portfolios. He began his career at Goodwin’s former parent company, The Phoenix Cos., in investment accounting, and later had responsibility for portfolio analysis and trading of mortgage-backed securities and corporate, high-yield and private placement bonds. -PR Newswire


First Trust Advisors and First Trust Portfolios Name Mark Bradley and James Dykas

First Trust Advisors (FTA) announced that Mark Bradley has been named to serve as the president and chief executive officer of FTA and First Trust Portfolios (FTP) and James Dykas to serve as the treasurer, chief financial officer and chief accounting officer of the funds in the First Trust fund complex.

Bradley will replace James A. Bowen, who will continue as a trustee, the chairman of the board of trustees and a member of the executive committee of the board of trustees of the funds.

Bradley previously served as treasurer, chief financial officer and chief accounting officer of the funds and currently serves as the chief financial officer and chief operating officer of FTA and FTP.

Dykas previously served as assistant treasurer of the funds and currently serves as the controller of FTA and FTP. -Business Wire


Peter Neupert Joins Health Evolution Partners

Health Evolution Partners announced that Peter Neupert has joined the firm as operating partner.

Neupert is a health care information technology leader who is globally known for his experience building major health care information technology products and bringing them to market. He will collaborate with HEP’s other operating partners to help the firm’s portfolio companies achieve commercial success. -Business Wire


Jeff Sangalis Joins ORIX Corporate Finance Group

ORIX Corporate Finance Group announced that Jeff Sangalis has joined its Dallas office as managing director of mezzanine and private equity co-investments.

Sangalis will focus on providing mezzanine and private equity capital to middle market companies throughout the United States.

Sangalis joins the OCC Dallas office from Houston, where he was a founder and managing partner of Capital Point Partners. Prior to Capital Point, he was a founder and managing partner of RSTW Partners and its predecessor entities. -Business Wire


Paladin Realty Income Properties Names Whitney A. Greaves and Jay G. Hartman

Paladin Realty Income Properties announced that Whitney A. Greaves and Jay G. Hartman have been named to replace the current chief investment officer, William K. Dunbar, and assume all his responsibilities.

Greaves is a vice president of Paladin Realty Advisors, the company’s advisor. In addition, she served as the company’s chief executive officer and president from November 2008 to June 2011 and as chief operating officer from May 2007 to November 2008. She also serves as a managing director of Paladin Realty Partners.

Hartman is a vice president of Paladin Realty Advisors and a managing director of Paladin Realty Partners. Prior to joining Paladin Realty in 1998, He was as an assistant vice president of Sanwa Bank California, where he managed portfolios of non-performing loans. -SEC Form 8k


Thursday, January 26, 2012

John Hancock Financial Names Brian Heapps

John Hancock Financial Network announced that Brian Heapps was named as its president. He replaces Peter Gordon, who has become the general manager of John Hancock retirement plan services.

In this role, Heapps is responsible for all aspects of JHFN, the company’s national network of independent firms, and its broker-dealer, Signator Investors.

Heapps joined John Hancock in 1987 as a financial representative and ten years later founded the independent JHFN firm Keystone Financial Management in Allentown, PA. He joined JHFN’s home office in 2007 and has since served as executive vice president, agency sales and development. -PR Newswire


Vanguard Appoints Martha King and Chris McIsaac

Martha King and Chris McIsaac have been appointed managing directors of Vanguard, reporting directly to Vanguard chairman and CEO Bill McNabb. They join the 11-member team responsible for leading Vanguard and its operations.

King was named managing director of the financial advisor services division, which provides products, services, and education to financial advisor firms.

McIsaac is managing director of the institutional investor group, serving employers offering company-sponsored retirement plans, and institutions such as endowments and foundations. He has held a number of leadership roles across Vanguard during his tenure, including heading Vanguard’s institutional asset management group and Vanguard’s portfolio review department, which oversees Vanguard’s external advisors. -Business Wire


Patrick Lynch Joins AlphaMetrix

Patrick Lynch has joined AlphaMetrix as executive director of business development in New York.

In this role, Lynch will report to Mikus Kins, chief product and business development officer at AlphaMetrix in Chicago.

Lynch brings to AlphaMetrix more than 25 years of experience in the financial services industry, with a background in fixed-income trading and hedge fund investment management. He previously served as WR Group’s head of investment strategy. -Market Wire


Oak Street Funding Appoints W. Todd Gray

Oak Street Funding has appointed W. Todd Gray as chief financial officer.

Gray will lead the finance and underwriting groups at Oak Street Funding and will assist with strategic partnerships and acquisitions that position the company for future growth.

Gray brings to Oak Street Funding more than 20 years of senior executive experience in strategic leadership, financial management, and mergers and acquisitions. Gray also has significant experience in design, maintenance and oversight of accounting processes and controls, external financial reporting, investor relations, tax, reinsurance, investment strategy and treasury-related matters. Prior to joining Oak Street Funding, he held a variety of senior management positions at The Midland Company/American Modern Insurance Group in Cincinnati, including president, head of personal & commercial lines, executive vice president and CFO. -Market Wire


Ascent Venture Partners Promotes Luke Burns

Ascent Venture Partners announced the promotion of Luke Burns to partner.

Since joining Ascent in 2006, Burns has focused on advanced computing, IT security, and mobility, and currently serves on the board of Knoa Software. He also is actively involved with Ascent portfolio companies Verivo, ViLabs, and Everyday Solutions. Until 2006 he was a management consultant with Bain & Company, where he provided strategy and M&A advisory to clients in the high tech and pharmaceutical sectors. -PR Newswire


Associated Management Appoints Laura Price

Associated Management announced that Laura Price has been appointed as the company’s new president and CEO.

Price takes over for Norm Rosensteel, the company’s founder, who will remain with AMI and be responsible for certain client relation and government affairs responsibilities.

Her new roles, Price will be responsible for developer and client services, marketing and new business development, maintenance services, training and team building and the oversight of corporate programs.

Price served the previous six years as the senior vice president of Principal Management Group of North Texas. Prior to her position with Associa, she was director of management services for Johnson Ranch Management in Roseville, Calif. for 15 years. -Business Wire


Wednesday, January 25, 2012

Morgan Stanley Appoints New Managing Directors

Morgan Stanley has announced the appointment of 210 managing directors.

The new managing directors are: Tim Abbott, Laura Adams, Mark Allen, Neil J. Allen, Magnus Andersson, Marco Antonioli, Nicholas A. Apostolatos, Michele Aronson, Pedro Asprino, Kevin Atteson, Su Sun Bai, Kevin F. Baldes, Christopher J. Bartlett, Andrew S. Bauman, David M. Benichou, Jeffrey Bergamotto, David Best, Paresh Bhatt, James Robert Boustead, Hamish M. Bunn, Robert Benn Calhoun, Ann Callison, Matteo Castelvetri, Stephen J. Cavoli, Eva Wu Chan, Kingsley Chan, Steven W. Chao, David J. Chen, Richard Jianhao Chen, Luke A. Chilon, Praveen Choudhary, Pete Chung, Anthony C. Cicia, Daren Clarke, Nigel Coe, Anthony Michael Colarusso, Catherine Colecchi, James E. Collins, Jeffrey Collins, Todd Coltman, David M. Conway, Juan M. Coppola, Mandell L. Crawley, William R. Daley, Jonathan Daplyn, Russell Day, Alexis Delcroix, Lucy S. DeStefano, John M. Dillon, Phoebe Donham, Celso Doria, Carlo Draghi, Pete Eggleston, Ronny Elenius, Kevin D. Emerson, Simon Emmett, Peter Escott, Simon Evenson, Takeshi Ezuka, Frank J. Famiglietti, Allen Feng, Andrea Floccuzio, David Flowerdew, Nick Footitt, Trevor Francis, Henrique Rolfsen Francisco, Gordon Fraser, Greg Fried, Benjamin Friedland, David A. Galasso, Michael H. Gallary, Justin Garzia, Michael Goering, Drew Goldman, Robyn Maslynsky Goldschmid, Barry H. Goldstein, Marc Gordon, Caroline N. Gundeck, Jon S. Hammack, Andrew Harmstone-Rakowski, Yasushi Hasegawa, Simon Herrmann, Drew Hershkowitz, Viktor Hjort, Dean Hodson, Julia Huang, Mari Ikegaki, Motonori Imaseki, Jorge Iragorri, Jaclyn Jhin, Matthew S. Johnson, F. Claiborne Johnston, III, Elizabeth Madigan Jost, J.Marc Jullienne, Takaaki Kato, Philip Keith, Sebastien Kessas, Edward K. Kirkorian, Les Klein, Lukas Klein, Dmitriy Kolomytsyn, Craig Krasinski, Khalid Krim, Shahzad Lalani, Derek Laws, Soo-Mi Lee, Wee Tat Lee, James Levi, Meir Lewis, Stanislav Liberman, Dante Lomibao, Simon Long, Bill Lu, Alex Lyakhov, Yong Ma, Travis J. Machen, Munib Madni, Brooke E. Major-Reid, Chakrapani Mantena, Arnaud Mares, Stephen J. Maresca, Kathleen Marie Martin, Ryunosuke Matsutake, Michael Sean McGoldrick, Michael Allen Meade, Jochen Mehltretter, Benno Meier, Eduardo Mendez, Vivek K. Menon, Jason C. Miller, Jason Bradford Moore, Thomas F. Moore, Wendy Ng, James Nimberg, Gary Douglas Offner, Susan O’Flynn, Masanori Ogiwara, Michael J. O’Malley, Madhu Panchagnula, Ketan J. Parekh, Zoë Parish, Chad Parker, Tejash Patel, Tiago Pessoa, Mary Ann Picciotto, Niall Playfair, Christine M. Plummer, Stephen Popovchak, Lisa Potter, Emanuele Pozzi, Jennifer K. Publicover, Saul Raccah, Ashwin Rao, Martijn Rats, Pierre-Alexis Renaudin, Max Ritter, Andrew John Robinson, Nicholas Rodolakis, A.K. Rosenbaum, Andy Ross, Jonathan Ross, Nancy J. Rutecki, Kieran Ryan, Michael J. Ryder, Alex Saporito, Ethan J. Sawyer, Tyler Schiff, Mark Schwille, Stephen Seelbach, James Robert Shepherd, Jai V. Sheth, Matthew Smith, Denise Sommerville, Zachary D. Stern, Magdalena Stoklosa, Chris Stone, Anand Subramanian, Yasuhito Suzuki, Gregory Thiery, Candice W. Todd, Judy Tom, Frank S. Tredici, Erik Tregaard, Penny B. Tsekouras, Daniel Turner, Kevin Twitchen, James Andrew Upton, Marcelo Vainstein, Robert VanCaneghem, Frederik Vandepitte, Su-Ling Voon, Sachin Wagle, John Robert David Walker, Dean Wang, Zheng Wang, Paul Stephen Wasinger, Jonathan Weaver, Dede W Welles, Brian V. Wood, Jun Xu, Jason Yates, Robert Yeo, Krishna Yerrmosu, Panos Yiasoumi, Kibo Yokoyama, Cathy Weijing Zeng, Bernardo Novaes Zerbini, Albert Zhou, Kate Zhu, Risana Zitha. -Business Wire


The Bank of New York Mellon Corporation Names Frank Behlmer

The Bank of New York Mellon Corporation announced that long-time company executive Frank Behlmer has been named to the newly created role of regional executive for Central New York, which includes oversight for The Bank of New York Mellon Corporation in Oriskany, Utica and Syracuse. He will continue to serve the company as chief operating officer for global operations.

In his expanded role, Behlmer, 54, will be responsible for the implementation of corporate initiatives within the region including operational excellence; risk management and controls; talent management and development; employee engagement; diversity and inclusion; government and community relations; and facilities planning. In his corporate role within global operations, Behlmer is responsible for funds transfer, trade services, commercial loan operations, international electronic banking support, central billing unit systems and the payment and trade operations in 12 locations across the globe.

Throughout Behlmer’s 30-plus years with the company, he has served in a variety of increasingly critical roles and senior leadership positions. He joined the company in 1979 as an operations management trainee. -PR Newswire


HSBC Holdings Appoints Stuart A Levey

HSBC Holdings has appointed Stuart A. Levey, 48, as a group managing director, effective January 18, 2012.

Levey will also join the group management board. -Regulatory News Service


Curtis W. Olson Joins AIG Benefit Solutions

Two American International Group units, Chartis U.S. Accident and Health (Chartis A&H) and American General Life Companies, have announced plans to merge their group benefits organizations into a single, unified organization, AIG Benefit Solutions, that will be led by Curtis W. Olson. He will be based in Neptune, N.J.

Olson joined American General Benefit Solutions in June 2011 as president and CEO. Previously, he had been president and CEO of ING Life Insurance, Korea, and prior to that assignment served for several years as president of ING Employee Benefits U.S. -Business Wire


Scott M. Silverman Joins Westbury Group

Westbury Group announced that consumer products investment banker, Scott M. Silverman, has joined the firm as managing director.

Silverman will head-up the firm’s investment banking activities in the food, consumer, and retail sectors.


DnB NOR Markets Names Jim Cirenza

DnB NOR Markets has named Jim Cirenza as managing director and head of institutional sales and trading.

Cirenza has spent the last two years as CEO of Olivetree USA. Prior to that, he was global head of securities in Carnegie Investment Bank, president of Carnegie and head of European sales trading in US for JPMorgan. He has also previously worked for Barclays Bank/BZW, Natwest Markets and Goldman Sachs in equity sales management roles.


Gilford Securities Names Casey Alexander

Gilford Securities announced that Casey Alexander has been named director of equity research.

In this position, Alexander will be responsible for promoting best practices in investment research, overseeing the build out and enhancement of the firm’s research effort and product range. He will report to Robert Maley, president & CEO of the company.

Alexander was previously a senior vice president of research at Gilford, covering the business development company sector, the golf equipment industry and also special situations. -PR Newswire


Newbridge Financial Adds James Newton

Newbridge Financial announced the addition of James ‘Todd’ Newton to serve as president and co-chief executive officer of Newbridge Securities Corporation and Newbridge Financial Services Group, effective January 27, 2012.

Newton will work closely with Thomas Casolaro, Bob Spitler and the existing Newbridge management team to enhance the overall day to day business activities/operations of NFI’s broker-dealer and investment advisor subsidiaries.

Newton joins Newbridge with extensive industry experience including former senior management tenures as president and CEO of Anderson Strudwick, as well as CEO of Sterne Agee Financial Services. He also previously held executive level positions at IJL Financial Advisors/Wachovia Securities, J.J.B. Hilliard, W.L. Lyons Co. and Morgan Keegan. -PR Newswire


Geoffrey Coley Joins Gleacher & Company Securities

Gleacher & Company Securities announced that Geoffrey Coley has joined the firm as a managing director.

Coley will lead a comprehensive and cross functional effort to expand the firm’s current and prospective client relationships.

Coley brings to Gleacher & Company more than two decades of client, product development, and risk management experience. He has utilized his extensive product knowledge to expertly service clients in multiple geographic markets. -Business Wire


John D. Reese and David F. Schink Join Price Asset Management

Price Holdings announced that, as a result of the newly formed strategic partnership between its asset management subsidiary, Price Asset Management, and Peak View Capital, Peak View’s founder, John D. Reese, will join Price Asset Management as chief executive officer.

Prior to joining Price Asset Management, Reese was executive managing director and senior vice president of Wells Fargo Asset Management’s Evergreen Investments division, where he was principally responsible for the European Credit Management. In 2010, he formed Peak View Capital.

David F. Schink, a managing partner in Peak View, will also join Price Asset Management as chief operating officer and general counsel.

Prior to joining Price Asset Management, Schink was chief operating officer and general counsel of Contego Capital Partners. Before that, he was an associate at Kirkland & Ellis, where he represented private equity funds, registered investment advisors and other investment vehicles in a variety of transactions, and at Sidley Austin, where he represented financial institutions in structuring and negotiating structured finance and secured lending transactions. -PR Newswire


West Virginia Mutual Insurance Company Appoints R. Austin Wallace

West Virginia Mutual Insurance Company announced that R. Austin Wallace, M.D., has taken over as president and chief executive officer from David Rader.

Wallace has served on the Mutual’s board of directors from its beginning, first as vice chairman from 2004 to 2009 and as its chairman from 2009 to the present. -PR Newswire


Cohen Financial Appoints Vincent Beckett

Cohen Financial announced that Vincent Beckett has been appointed as CFO of the company. He will be keep working out of the company’s Leawood office.

Previously a vice president, Beckett takes over CFO duties from Manny Brown, who will remain COO of the company.


Tuesday, January 24, 2012

The Bank of New York Mellon Corporation Appoints Ian Stewart

The Bank of New York Mellon Corporation announced the appointment of Ian Stewart as head of Europe, Middle East & Africa (EMEA) client management, a role previously held by Hani Kablawi, who has been appointed head of EMEA asset servicing for BNY Mellon.

Reporting to Jim Palermo, vice chairman and CEO of global client management, Stewart continues in his role as head of North America client management.

In Stewart’s capacity as head of EMEA client management, he will oversee country management and strategic clients across the EMEA region. As head of client management for North America, he is responsible for client relationships within the following groups reporting to him: banks and broker dealers, investment managers, insurance companies, corporates, real estate, syndications, not-for-profits, alliance program, federal and state governments. -PR Newswire


HighTower Advisors Appoints James Pupillo, Brian Hein and David Brasfield

HighTower Advisors announced its first new team of 2012, which will operate from a newly opened Scottsdale, Ariz., office.

James Pupillo, a former institutional and family wealth director of Graystone Consulting at Morgan Stanley Smith Barney, joined HighTower on January 20 as managing director and partner. He has more than 25 years of financial industry experience advising both institutions and high net worth families.

Pupillo is joined by directors and partners Brian Hein and David Brasfield.

Hein focuses on corporate benefit plans, serving for-profit and not-for-profit organizations.

Brasfield’s specialty includes serving the complex financial planning needs of wealthy families. -PR Newswire


American Stock Transfer & Trust Company Appoints Mona Hanes, Promotes James McBride

American Stock Transfer & Trust Company announced that Mona Hanes will shift roles within the company to lead business development efforts in the Western region of North America.

Hanes will focus on increasing the organization’s market presence in the Western U.S. and Canada, from New Mexico to the Northwest Territories, including all states and territories to the west. She will partner with Ken Staab, who currently leads business development efforts for the Eastern U.S. and Canada, and with Tom Kies, who leads the sales and relationship management teams across North America.

For the past two years, Hanes has managed the equity plan solutions (EPS) group and implemented key enhancements attributing to the growth of the business.

Effective immediately, James McBride has been promoted to executive vice president of equity plan solutions.

McBride joined AST in September of 2010 and has worked closely with Hanes to manage the business. He is a key member of the EPS management team, directly involved with the business strategy while overseeing the relationship management team. -Business Wire


Avenue Capital Group Appoints Stephen Trevor

Avenue Capital Group announced the appointment of Stephen Trevor as a senior managing director focusing on distressed-for-control investments. He will split his time between the firm’s New York and London offices.

Trevor, 48, previously was co-head of the private equity business within Morgan Stanley Investment Management (MSIM), as well as co-head of Morgan Stanley Merchant Banking and Asset Management. He also served on the management and risk committees at Morgan Stanley, which he joined in 2007. -PR Newswire


Daniel Charney Joins Cowen Group

Cowen Group announced that Dan Charney has joined the firm as managing director and co-head of equities.

Charney will join Tom O’Mara, co-head of equities, in overseeing the company’s domestic and international equity sales and trading businesses. He is based in New York and reports to Jeffrey Solomon, chief executive officer of Cowen and Company, Cowen’s broker-dealer business.

Charney joins Cowen from Jefferies where he was most recently managing director and head of global electronic trading services as well as head of U.S. salestrading. -Business Wire


Reliance Trust Company Appoints William C. Harlow, James T. Maxwell and Christopher M. Teevan

Reliance Financial Corporation (RFC) announced that William C. Harlow, currently the executive vice president of RFC and director of Reliance Trust Company’s (RTC) retirement strategies group, will succeed Anthony A. Guthrie as president of RTC effective January 1, 2012.

James T. Maxwell, currently the chairman, CEO and president of RFC and chairman of RTC, will assume the additional role of CEO of RTC.

Christopher M. Teevan, currently executive vice president of RTC and president of Reliance Operations Services (of RTC), will succeed Guthrie as chief operating officer for both RFC and RTC. -PR Newswire


Monday, January 23, 2012

The Bank of New York Mellon Corporation Appoints Nadine Chakar

The Bank of New York Mellon Corporation appointed Nadine Chakar as head of its Derivatives360(SM) business, which comprises an array of offerings for issuers and investors involving the execution and processing of derivatives.

Reporting to Karen Peetz, vice chairman and chief executive officer of BNY Mellon’s financial markets and treasury services division, Chakar succeeds Patrick Tadie, who has been named business executive for the company’s alternative and broker-dealer services businesses.

Chakar, with more than 20 years of progressive experience within BNY Mellon, was most recently the head of the global financial institutions group within the asset servicing business. Since joining the company in 1989, she has held a variety of senior management positions at BNY Mellon, including as executive vice president and head of the Europe, Middle East and Africa region for the company’s asset servicing division. -PR Newswire


Barclays Wealth Appoints Faisal Shaker

Barclays Wealth has appointed Faisal Shaker as head of wealth for Barclays Saudi Arabia (BSA).

Shaker will champion the development of the wealth management activities of Barclays Saudi Arabia ranging from wealth management activities and client service capabilities to the development and implementation of the Saudi wealth management strategy. Additionally, he will ensure that the governance framework surrounding the wealth management business in Saudi Arabia is robust and consistent with the capital market authority regulations as well as internal policies and procedures of the global Barclays Wealth. He will report to Rory Gilbert, managing director, head of MENA for the international private bank.

Prior to joining Barclays, Shaker was head of wealth management for Audi Capital Saudi Arabia.


Blue Cross and Blue Shield of Minnesota Names Kenneth Burdick

Blue Cross and Blue Shield of Minnesota announced that Kenneth Burdick has been named president and CEO of the organization, succeeding Patrick Geraghty, who joins Blue Cross and Blue Shield of Florida.

Burdick most recently served as senior vice president of Coventry Health Care and was the CEO of their Medicaid and behavioral health businesses. Prior to his role at Coventry, he served as chief executive officer at Secure Horizons, UnitedHealth Group’s Medicare company, and as president and chief executive of United Healthcare’s commercial business. -PR Newswire


Kevin Stahl Joins Perella Weinberg Partners

Perella Weinberg Partners recently announced that Kevin Stahl has joined the firm as a managing director in its advisory group.

Based in New York, Stahl will provide strategic and financial advice and capital raising services to clients in the real estate sector.

Stahl has 17 years of real estate and investment banking experience. Previously, he was a managing director and co-head of U.S. real estate investment banking at RBC Capital Markets.


ELX Futures Names Richard Jaycobs

ELX Futures announced that veteran futures industry executive Richard Jaycobs will succeed Neal Wolkoff as chief executive officer of ELX.

Jaycobs, a 25-year veteran of the futures and derivatives industry, has served as president of the Cantor Exchange. Earlier, he served as CEO of the Clearing Corporation (formerly the Board of Trade Clearing Corporation), CEO of onExchange, and managing director at the New York Cotton Exchange. -Market Wire


TA Associates Promotes M. Roy Burns, Mark H. Carter, Hythem T. El-Nazer, Harry D. Taylor, Birker B. Bahnsen, William D. Christ, J. Morgan Seigler and Jason P. Werlin

TA Associates, a global growth private equity firm, today announced global promotions of eight staff members, effective January 1, 2012.

M. Roy Burns was promoted to director from principal. Burns serves in TA’s Boston office, focusing on investments in financial services, business services and other growth services industries. He led TA’s 2011 investment in Stadion Money Management and previously led the firm’s investment in Dealer Tire.

Mark H. Carter was promoted to director from principal. Carter serves in TA’s Boston office, focusing on investments in the healthcare, business services, and retail and restaurant sectors. He led TA’s 2011 investment in Senior Whole Health and previously led the firm’s investment in MedSolutions.

Hythem T. El-Nazer was promoted to director from principal. El-Nazer serves in TA’s Boston office, focusing on investments in technology, communications and energy services companies. In 2011, he led TA’s investment in MicroSeismic and played a significant role in the firm’s investment in Aicent. He previously led TA’s investment in AboveNet.

Harry D. Taylor was promoted to director from principal. Taylor serves in TA’s Boston office, focusing on investments in technology-based growth companies. In 2011, he led the firm’s investment in CoSentry.

Birker B. Bahnsen was promoted to principal from senior vice president. Bahnsen serves in TA’s London office, focusing on investments in European healthcare and cross-sector Scandinavian growth companies. He led TA’s 2011 investment in Amann Girrbach and also played an active role in the firm’s investment in Cath Kidston.

William D. Christ was promoted to principal from senior vice president. Christ serves in TA’s Boston office, focusing on investments in consumer services and products, education and business services companies. He played an active role in the firm’s 2011 investment in Full Sail and previously led TA’s investment in Dymatize Enterprises.

J. Morgan Seigler was promoted to principal from senior vice president. Seigler serves in TA’s London office, focusing on investments in growth companies across Europe. He played a significant role in TA’s 2011 investments in Bigpoint and ION Investment Group, and previously in the firm’s investments in AVG Technologies and eCircle.

Jason P. Werlin was promoted to principal from senior vice president. Werlin serves in TA’s Menlo Park Office, focusing on investments in technology and technology-based services companies. He led TA’s 2011 investment in Aicent and previously led the firm’s investment in Aurora Networks.


Brookfield Properties Corporation Appoints Michael McNamara

Brookfield Properties Corporation announced that it has appointed Michael McNamara as the head of U.S. acquisitions & dispositions, reporting to president & global chief investment officer Dennis Friedrich.

McNamara joins the company after serving as the senior VP/managing director for TRECAP Partners where he worked closely with the firm’s portfolio managers to identify investment market strategies for client/fund mandates. -Market Wire


Friday, January 20, 2012

The Bank of New York Mellon Corporation Names Vince Sands, Samir Pandiri, Lou Maiuri, Nadine Chakar and Hani Kablawi

The Bank of New York Mellon Corporation announced a reorganization of its asset servicing management team.

Vince Sands was named as deputy CEO of BNY Mellon asset servicing, reporting to Tim Keaney, vice chairman and chief executive officer of BNY Mellon asset servicing.

Samir Pandiri, previously CEO of BNY Mellon shareowner services, replaces Sands as head of the America’s asset servicing business and will report to him.

Lou Maiuri, previously head of outsourcing is named as head of the global financial institutions business. He will report to Keaney.

Maiuri takes over from Nadine Chakar, who becomes global head of BNY Mellon’s Derivatives360(sm) business. She will report to Karen Peetz, vice chairman and chief executive officer of financial markets and treasury services at BNY Mellon.

Hani Kablawi is named as head of EMEA asset servicing, replacing Frank Froud, and reporting to Keaney. Kablawi has recently acted as head of client Management for the EMEA region. -PR Newswire


The Royal Bank of Scotland Group Appoints Madan Menon

The Royal Bank of Scotland Group appointed Madan Menon as the international banking head for Asia Pacific.

Menon will lead the international banking division of the newly refocused wholesale businesses of RBS in the region. He will remain based in Singapore, where he was previously the country executive of RBS Singapore in addition to heading the bank’s wholesale banking operations in India and South East Asia. -The Press Trust of India


Ladenburg Thalmann & Co. Adds John Miles, Alexander Bonello, Michael Marino, Christopher Calabrese and Daniel Munro

Ladenburg Thalmann Financial Services announced that it has expanded its institutional equity business at its broker-dealer subsidiary, Ladenburg Thalmann & Co. with the addition of a talented team of traders and salespeople.

The new additions joining Ladenburg include John Miles as managing director, institutional sales and trading; Alexander Bonello as managing director, institutional sales and trading; Michael Marino as managing director, institutional options sales and trading; Christopher Calabrese as managing director, institutional sales; and Daniel Munro as a vice president, trading.

These appointments are effective immediately. -Business Wire


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