New York
15 February 2017
Reporter: Stephanie Palmer

Hazeltree hires strategic lead


Hazeltree has appointed Don Jefferis as managing director of strategic accounts, to lead business expansion into new markets.

Jefferis has more than 30 years of experience in professional services, software product management and business development in the energy and software industries.

Previously, he launched the process and technology practice at Opportune LLP, an energy-focused consultancy, where he was a partner and strategic advisor.

At Hazeltree, he will be responsible for expanding and leading business development into strategic markets such as insurance companies, endowments and pension plans.

Sameer Shalaby, president and CEO of Hazeltree, said: “We are consistently seeing increased interest in Hazeltree’s treasury solutions across all areas of the investment management industry, driven by the increasing complexity resulting from regulatory shifts, investment diversification and escalating demands for transparency.”

He added: “With Don Jefferis’s leadership, we are well positioned to expand into a number of additional buy-side markets.”

Jefferis commented: “I became unequivocally convinced that the operational pain that Hazeltree solves for its asset management clients has broader applicability across new markets.”

“In Hazeltree terms ‘active treasury management’ turns treasury operations on its head, from a cost centre to a profit centre, while reducing risk and facilitating regulatory compliance. Perhaps most importantly, ‘active treasury management’ is also emerging as a due diligence topic among increasingly discerning institutional investors in search of greater transparency, systemic risk diversification and a commitment to best practices.”

The appointment follows a spate of new hires for Hazeltree. In November 2016, J.P. Morgan’s Sal Ventura joined as head of client relationship management and Ayman Sakr was appointed to the position of head of worldwide client services.

More people moves news
The latest news from Asset Servicing Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
Deutsche Boerse taps UniCredit’s Theodor Weimer as CEO
16 November 2017 | Frankfurt | Reporter: Drew Nicol
Theodor Weimer begins his new role in January, and will take over from Carsten Kengeter, who will leave Deutsche Boerse at the end of 2017
Northern Trust AM names new regional COO
16 November 2016 | London | Reporter: Theo Andrew
Northern Trust Asset Management (AM) has promoted Martha Fee to COO for Europe, the Middle East and Africa and the Asia-Pacific region
Credit Suisse bolsters US equities team
15 November 2017 | New York | Reporter: Jenna Lomax
Based in New York, Gerry Milligan will start his role in January 2018 and will report to Anthony Abenante, managing director of global markets
RBC I&TS bolsters Australia team
14 November 2017 | Sydney | Reporter: Jenna Lomax
David Brown will be based in Sydney, and will be responsible for leading all sales and client coverage activities in Australia
SIX hires new CEO as it embarks on restructure
13 November 2017 | Zurich | Reporter: Theo Andrew
Dijsselhof will begin his new role in January 2018, replacing Urs Rüegsegger who announced in May 2017 that he would be stepping down
Citi’s Karczewski moves on to HSBC
13 November 2017 | London | Reporter: Stephanie Palmer
Jane Karczewski has left her position as managing director of strategic risk solutions at Citi, and is set to join HSBC as head of global custody
Intertrust names new interim CFO as de Vries departs
10 November 2017 | Amsterdam | Reporter: Theo Andrew
Intertrust has appointed an Hans Turkesteen as its interim CFO, following the resignation of Maarten de Vries after less than a year in the role
More people moves news