Oppenheimer & Co. Inc. Continues Growth Of Its Global Fixed Income Group With Seven Experienced Hires Added To The Team

Rhea-AI Summary

On September 21, 2020, Oppenheimer & Co. announces the addition of seven senior professionals to strengthen its Global Fixed Income group. This includes five new Managing Directors and two Executive Directors across various fixed income sectors. Peter Albano, Senior Managing Director, emphasized the importance of exceptional talent in navigating the current market challenges. This hiring strategy aims to enhance capabilities and seize growth opportunities, demonstrating Oppenheimer's commitment to adapting to global disruptions while maintaining a robust recruitment pipeline.

Positive

• Strategic expansion of Global Fixed Income team with seven experienced hires.
• New recruits expected to enhance market share and operational efficiency.
• Demonstrates Oppenheimer's ability to adapt hiring practices amid pandemic disruptions.

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• None.

NEW YORK, Sept. 21, 2020 /PRNewswire/ -- Oppenheimer & Co. Inc. ("Oppenheimer"), a leading investment bank, wealth manager, and a subsidiary of Oppenheimer Holdings (NYSE: OPY), today announced seven new senior additions, encompassing positions across the group's line of products and services.

Global Fixed Income's new hires encompass five new Managing Directors, including Si Lund on the High Yield Research and Sales desk, John Covello on the Investment Grade Fixed Income Trading desk, Jordan Konicek on the Emerging Markets Institutional Sales desk, Ayham Zekra on the Institutional Fixed Income Sales desk in London and Hanford Mau in the Municipal Bond department. Additionally, the group named two new Executive Directors, with Joe Curley on the Municipal Bond Trading desk, and Smahane Grimeh on the Rates Strategy and Sales desk.

Peter Albano, Senior Managing Director and Global Head of Fixed Income, who also serves as a member of Oppenheimer's Management Committee, said, "We are thrilled to welcome such seasoned and skilled professionals to our team. More than ever, success in fixed income is driven by the delivery of exceptional capabilities and expertise that drive greater mind share, wallet share and market share. Our ability to align strategy, operations, and technology to seamlessly identify, hire and onboard top talent in the face of unprecedented global disruption underscores our leadership position in fixed income. Equally important, we look forward to leveraging our new hires to capture multiple significant growth opportunities through close collaboration with other business lines across Oppenheimer, including Investment Banking and Public Finance."

This most recent expansion of the Global Fixed Income team aligns with Oppenheimer's broader strategy of leveraging deep sector experience across key asset classes, in order to successfully execute transactions on behalf of corporate clients and institutional investors.

The new hires also reflect the efficacy of Oppenheimer's virtual recruiting process, established earlier this year, enabling the seamless addition of high-value talent throughout the world, despite ongoing COVID-19 pandemic disruptions.

So far this year, the firm has made senior-level hires in the Private Client Division, Public Finance Investment Banking, the Financial Institutions Group and Global Technology Investment Banking, and the Life Sciences research team of the Equities Division, with more to come in Oppenheimer's robust recruitment pipeline for 2020.

Mr. Lund, Mr. Covello, Ms. Grimeh and Mr. Mau are based in New York.  Mr. Curley is headquartered in Boston, Mr. Konicek is in Newport Beach, California, while Mr. Zekra is based in London.

Oppenheimer & Co. Inc.
Oppenheimer & Co. Inc. (Oppenheimer), a principal subsidiary of Oppenheimer Holdings Inc. (OPY on the New York Stock Exchange), and its affiliates provide a full range of wealth management, securities brokerage and investment banking services to high-net-worth individuals, families, corporate executives, local governments, businesses and institutions. For more information, please visit www.oppenheimer.com.

Media Contact:
Joseph Kuo / Michael Dugan
Haven Tower Group LLC
424 317 4851 or 424 317 4852
jkuo@haventower.com or mdugan@haventower.com

View original content:http://www.prnewswire.com/news-releases/oppenheimer--co-inc-continues-growth-of-its-global-fixed-income-group-with-seven-experienced-hires-added-to-the-team-301134249.html

SOURCE Oppenheimer & Co. Inc.

FAQ

What recent changes were made to Oppenheimer's Global Fixed Income team?

Oppenheimer recently added seven senior professionals, including five Managing Directors and two Executive Directors, to enhance its Global Fixed Income capabilities.

How will the new hires impact Oppenheimer's business strategy?

The new hires are expected to improve operational efficiency and help capture growth opportunities across Oppenheimer's various business lines.

What positions were filled in the new hiring announcement by Oppenheimer?

Oppenheimer filled roles including Managing Directors for High Yield Research, Investment Grade Fixed Income Trading, and others, alongside two Executive Directors.