Hazeltree hires strategic lead 15 February 2017New York Reporter: Stephanie Palmer
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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.
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