This week in personnel announcements and new hires, Timothy Massad was nominated to head the CFTC, the SEC named LeeAnn Gaunt chief of the enforcement division’s municipal securities and public pensions unit, Rob Jasminski joined Citi Private Bank, Allianz Life brought in Chuck DiVencenzo and Kari King, and Raymond James advanced Jim Bunn and Jon Steele.
Also, Jennifer Borow joined Sklar Kirsh; and Envestnet welcomed Zachary Karabell.
Timothy Massad Nominated to Head CFTC
Timothy Massad has been nominated by President Barack Obama to head the Commodity Futures Trading Commission (CFTC) as successor to Gary Gensler, who currently holds the post. His nomination must be confirmed by the Senate. The post carries with it the responsibility to implement new financial regulations under the Dodd-Frank legislation’s framework.
Massad is a former partner at Cravath, Swaine & Moore LLP in New York, and served as special legal advisor to the Congressional Oversight Panel, one of the oversight agencies for the Troubled Asset Relief Program (TARP). Later he became the Treasury’s assistant secretary for financial stability, in which role he was responsible for overseeing the implementation and wind down of the TARP.
Gaunt Named to Head Unit at SEC
The SEC recently announced that LeeAnn Ghazil Gaunt has been appointed as chief of the enforcement division’s municipal securities and public pensions unit. She has worked in the unit since its inception in 2010, and supervised the agency’s first pay-to-play enforcement action for “in-kind” political campaign contributions in September 2012 when the SEC charged Goldman Sachs and an executive vice president for violations related to contributions to the then-state treasurer of Massachusetts.
Gaunt has worked in the SEC’s Boston regional office for 13 years, including 10 in supervisory roles. She has broad investigative experience handling matters ranging from investment adviser violations to insider trading. Prior to joining the SEC enforcement staff, Ms. Gaunt was in private practice in Boston, first at Skadden, Arps, Slate, Meagher & Flom LLP and later at Goodwin Procter LLP.
Jasminski Joins Citi Investment Management
Citi Private Bank announced Tuesday that Rob Jasminski has joined Citi Investment Management as managing director and head of U.S. equities. He will be based in Stamford, Conn., and report to Stephanie Luedke, CEO, Citi Investment Management.
Prior to joining, Jasminski spent 20 years at GE Asset Management, where he held a variety of fundamental research and portfolio management positions, covering core and concentrated global equity strategies. Most recently, he was the assistant director of research.
Capital Square Realty Advisors Welcomes Byers
Capital Square Realty Advisors LLC announced Monday that Richard Byers has joined the company as controller. He will also serve as controller of affiliated companies Capital Square Holdings and Capital Square Management.
Byers joins with more than 30 years of experience, including with his own CPA practice and a 17-year engagement at RF&P Corporation. Earlier, he spent time as the controller for several real estate companies, including F. G. Pruitt Inc., Mark Properties and Zapolski Real Estate. He began his career with Ernst & Young. American College Hires Retired Navy Captain to Head Vets’ Affairs Center
The American College announced Monday that Captain Ted Digges, SC, USN (Ret.) has been hired as the director of The American College Penn Mutual Center for Veteran’s Affairs. In his new role, Captain Digges will help transitioning veterans develop a meaningful career in financial services.
Prior to joining, Captain Digges gained extensive experience over the course of a 27-year active-duty Navy career in strategic planning, customer service, logistics and program management. He has served in assignments all over the U.S. and the world, including tours in Asia Pacific and Europe. He is a former president of a nonprofit organization in Hampton Roads, Va., focused on engaging the military community and charitable endeavors, and in the financial services industry, he worked with high-net-worth clients as a financial advisor for Merrill Lynch.
Allianz Life Welcomes Chuck DiVencenzo, Kari King