New Hire Roundup: Obama Taps Massad as CFTC Chief

Allianz Life Insurance Company of North America announced that it has named Chuck DiVencenzo as the new director of advanced markets and Kari King as the new director of integrated marketing planning, both in the marketing division.

DiVencenzo will develop and deliver advanced markets presentations to financial professionals across the country; he reports directly to Deb Repya, senior director of advanced markets. King is responsible for collaborating with partners throughout marketing to coordinate the prioritization of the overall marketing strategy, and also directs the marketing media strategy for Allianz entities across the country. She reports directly to Julia Gutz Moller, senior director U.S. marketing, brand and creative services.

Prior to joining, DiVencenzo was a managing advisor with Edward D. Jones, LLC in Amherst, N.Y. Before that, he was a managing partner for more than four years with CJD Consulting, LLP. He was also chief operating officer, director and secretary for Paradigm Capital Management, Inc. in Albany from 2006 through 2009. Additionally, he served as vice president of the investment products division for The Hartford in Simsbury, Conn. for more than eight years. He also held roles for M&T Bank in Buffalo, N.Y. and National Benefits Group in Amherst, N.Y. Earlier, he worked for law firms Phillips Lytle, and Woods, Oviatt in Buffalo for more than five years and was also a tax consultant with Ernst Young in Pittsburgh, Pa.

King has over 20 years of marketing experience. Prior to joining, she worked for Ameriprise Financial, Inc. in Minneapolis for six years, most recently as a marketing director in the client acquisition area. Prior to that, she led marketing strategies for the firm’s high-value-client loyalty programs. Before that, she worked at Carlson Hotels Worldwide (currently known as Carlson Rezidor Hotel Group) in Minneapolis, where she held director roles in the marketing department from 2000 until 2006. She also held various manager and director roles with companies in Minneapolis including National Car Rental, Northwest Airlines Corporation and The Lacek Group.

Jennifer Borow Joins Sklar Kirsh

Jennifer Borow has joined Sklar Kirsh LLP as a partner in the firm’s corporate law practice. She has a particular emphasis counseling high-net-worth individuals and family offices in connection with their closely held businesses, real estate holdings and other investment assets.

Borow has 25 years of broad transactional law experience, and was previously a partner in the Los Angeles office of Loeb & Loeb LLP. She began her career at O’Melveny & Myers LLP, where she was a partner in their Century City office.

Bunn Named Co-Head of Raymond James Investment Banking; Steele Moves Up

Raymond James has announced that Jim Bunn has been appointed co-head of the firm’s investment banking practice, effective Jan. 1, 2014. Also effective Jan. 1, 2014, Jon Steele has been promoted to co-head of the technology services group to serve alongside Joe Estes. Bunn currently serves as co-head of the firm’s technology services investment banking group. In his new role, he will be based in the firm’s St. Petersburg, Fla. corporate headquarters and work alongside Dav Mosby, current head of investment banking.

Bunn joined in 2009 as part of the firm’s acquisition of boutique firm Lane Berry, where he managed the financial technology and technology services practices. Prior to joining Lane Berry in 2004, he was a member of the financial technology investment banking team at Salomon Smith Barney/Citigroup, where he began his banking career in 1998.

Steele has a broad range of advisory and capital markets experience with software and services companies. He also joined Raymond James in 2009 as part of the acquisition of Lane Berry, which he helped found in 2002.

Zachary Karabell Joins Envestnet

Envestnet, Inc. announced that Zachary Karabell has joined the firm as head of global strategy. In this role, he will help shape and communicate the firm’s investment perspective and deep research capabilities to clients and the media alike, work with senior management on overall corporate strategy, branding and market position and advise the investment committee of Envestnet | PMC in connection with PMC’s portfolio solutions.

Karabell was previously executive vice president, chief economist and head of marketing at Fred Alger Management, where he led the creation, launch and marketing of several funds as well as corporate strategy for strategic acquisitions. He was also president of broker-dealer Fred Alger & Co., portfolio manager of the China-U.S. Growth Fund (CHUSX) and EVP of Alger’s Spectra Funds.

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Read the Nov. 7 New Hire Roundup at ThinkAdvisor.