Brings Extensive Experience to Firm’s Equity Group
NEW YORK--Oct. 5, 2009--
MF Global Ltd. (NYSE: MF), a leading intermediary offering customized
solutions in global cash, derivatives and related markets named Peter
Forlenza as global head of equities, effective immediately. Mr. Forlenza
previously served as global head of equities at Bank of America.
“We continue to expand our global presence and deliver broad access to
an even wider range of products and markets. Peter’s proven leadership
and extensive management experience makes him the ideal candidate to
advance our equities growth strategy around the world,” said Bernard W.
Dan, chief executive officer, MF Global. “Within the past year, we’ve
added more than 60 senior-level professionals from Wall Street and other
major corporations to our team, and attracting top talent such as Peter
further enhances our company’s leadership strength, depth of expertise
and ability to meet the needs of our clients.”
“MF Global’s strong commitment to its clients and diversified business
model creates a compelling platform for customers’ trading needs—all of
which were strong factors in my decision to join the firm,” said Mr.
Forlenza. “Leveraging the company’s broad market access, I believe we
can build an even stronger global presence in the equities marketplace
for our clients. This is a very exciting time for MF Global and I’m
pleased to be a part of its management team.”
Mr. Forlenza will oversee MF Global’s worldwide equities team. He will
be responsible for managing the company’s equity and equity derivatives
business across all customers and product lines, including cash, direct
market access, equity derivative and exchange-traded funds activities.
Most recently, Mr. Forlenza created and launched Outpost Investment
Group, LLC, a multi-asset class global macro hedge fund based in New
York. He also served in a number of management positions at Bank of
America Securities, LLC, including global head of equities and global
head of cash equities. Prior to Bank of America, Mr. Forlenza was a
senior executive at Citigroup, Inc. and its predecessor firms Salomon
Smith Barney and Salomon Brothers, Inc. He held dual roles at Citigroup
before his departure; Head of European Equity Trading and Global Head of
Portfolio Trading.
ABOUT MF GLOBAL
MF Global Ltd. (NYSE: MF), is a leading intermediary offering customized
solutions in global cash, derivatives and related markets. It provides
execution and clearing services for exchange-traded and over-the-counter
derivative products as well as for non-derivative foreign exchange
products and securities in the cash market. MF Global is uniquely
diversified across products, trading markets, customers and regions. Its
worldwide client base includes financial institutions, industrial
groups, hedge funds and other asset managers as well as professional
traders and private/retail clients. MF Global operates in 14 countries
on more than 70 exchanges, providing access to some of the largest
financial markets in the world and is the leader by volume on many of
these markets. For more information, please visit www.mfglobal.com.
Source: MF Global Ltd.
MF Global Ltd.
Media (North America)
Tiffany Galvin,
212-589-6280
tgalvin@mfglobal.com
or
Media
(Europe/Asia-Pacific)
Diana DeSocio, 44 0 20 7144 4062
ddesocio@mfglobal.com
or
Investors
Lisa
Kampf, 212-589-6592
lkampf@mfglobal.com