Insights

The Biggest Moves in Finance This Week

George PaulNews
Marcin Zarakowski

Bitcoin Association's first Internal Legal Counsel & Public Policy Manager Marcin Zarakowski. Image credit: thinkBLOCKtank

These are the most notable hires, promotions, and departures within the finance community in the last week. For executive news updated daily, check out The Org's People on the Move.

Executive Moves

Goldman Sachs has appointed Kim Posnett as the Co-Head of One Goldman Sachs, an internal client services initiative. She currently serves as bank's Global Head of Investment Banking Services, where she drives its client coverage strategy. Source | Full Story

Mastercard has created a new position among its c-suite, a Chief Administrative Officer, which will be filled by the company’s General Counsel, Tim Murphy. Murphy’s role will be backfilled by Richard Verma, who has been promoted from EVP for Global Public Policy and Regulatory Affairs to General Counsel and Head of Global Public Policy. Source | Full Story

Wells Fargo announced that David Galloreese, head of Human Resources, will leave Wells Fargo on April 23, 2021, to take a role outside the company. Source

Blackstone hired Paul Morrissey as a Managing Director to lead investing across Europe for Blackstone Growth (BXG). Morrissey most recently served as a partner at the technology-focused investing firm, Battery Ventures. Source

Bitcoin Association, the Switzerland-based global industry organisation that works to advance business with the Bitcoin SV blockchain, today announces that it has appointed Marcin Zarakowski as its first Internal Legal Counsel & Public Policy Manager. Source

Binance.US, a leading digital asset marketplace, announced that former Acting Comptroller of the Currency Brian P. Brooks is joining the Company as Chief Executive Officer, effective May 1, 2021. Source

Axonic Capital announced the addition of Pete Cecchini as the firm’s Director of Research. Prior to joining Axonic Mr. Cecchini was Founder and Chief Strategist of AlphaOmega Advisors, an independent research and consulting firm. Source

Commonwealth Financial Network has hired Peggy Ho as SVP and General Counsel. Ho served a variety of roles over the past 14 years with LPL Financial, most recently as EVP, Chief of Staff for Compliance, Legal, and Risk and Head of Government Relations. Source

Fifth Third Bank, National Association has announced the addition of Jay Plum in the role of EVP and Head of Mortgage. Source

First Republic Bank announced that a seven-member team led by Ed Wentzheimer has joined First Republic Investment Management in New York City. Source

Willamette Valley Bank, is pleased to announce that Ryan Allbritton, a longtime banking executive and community leader from Salem, Oregon, has joined Willamette Valley Bank as Senior Vice President and Chief Banking Officer. Source

Banc of California announced the appointment of Alex Kweskin as Executive Vice President and Chief Human Resources Officer of the Company and the Bank, effective Monday, May 3, 2021. Source

Novus Capital announced that Ashley E. Davis will be joining its Board of Advisors. Source

Monroe Capital announced Jayro Yoo has joined the firm as Director based in Texas. Jayro will serve on the firm’s Marketing & Investor Relations team. Source

Oregon Pacific Bank revealed that Robert (Bob) Edstrom, its EVP & Chief Credit Officer, will be retiring on June 25th, 2021. Source

Patient Square Capital, a dedicated healthcare investment firm, announced today that Jake Cabala has joined as a Partner, where he will be the Head of Fund Partnerships and primarily be responsible for the firm's capital formation, co-invest syndication, and investor relations functions. Source

Renew Financial, the nation's most experienced provider of the residential Property Assessed Clean Energy (PACE) financing program, today announced the addition of Stephanie Braun as the Vice President of Product to its leadership team. Source

Delta Capital Partners Management, a global private equity firm specializing in litigation and legal finance, is pleased to announce a new senior executive hire and promotions within the firm. Todd Schneider has joined Delta as Chief Financial Officer and Chief Compliance Officer; and Gabriel Olearnik and Daniel Bond have been promoted to Director of Investor Relations and Director of Underwriting, respectively. Source

LCR Capital Partners is excited to announce the addition of Tom Garvey to the senior leadership team and the launch of LCR Wealth Management LLC as a new Registered Investment Adviser in the State of Connecticut. Source

Manulife Investment Management today announced that it has named Alex Catterick as Senior Managing Director, high-net-worth strategy, Private Markets. Source

First Bank and Trust Company welcomes Mikki Barranco to the Mortgage Division as the Bank announces plans to expand into the Daleville market. Kevin Sutton, VP of Agriculture and Commercial Lending, will join Mikki Barranco in the Daleville Loan Production Office set to open in May. Source

Centric Bank has promoted Leslie A. Meck to EVP, Chief Retail and Customer Experience Officer, effective immediately. Source

Comerica Bank announced today that Lisa Featherngill has been named Senior Vice President, National Director of Wealth Planning. Featherngill will join Comerica on April 19, 2021. Source

Seventy2 Capital Wealth Management, a fast growing, independent wealth management practice in the Washington – Baltimore region, announced that Paul Hofmann joined its Client Service Team from UBS Wealth Management. Source

Robertson Stephens, a rapidly growing national registered investment advisor (RIA) with over $2 billion in AUM, has named Louis Calabrese III as Chief Marketing Officer. Source

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