Oppenheimer & Co. named one of its own to assume duties as New York’s institutional sales head.

Earlier in the week, the unit of Oppenheimer Holdings Inc. stated that Lewis Silberman was promoted to the lead position after spending 12 years at the more than 125-year-old New York-based investment bank and financial services firm.

Silberman, who will function out of Oppeheimer’s 85 Broad Street location, is expected to “work closely with his senior colleagues in other regions…to enhance the firm’s daily offering, internal dissemination and communication of investment ideas.”

It was highlighted in the July 11 press release that he will retain certain of his account coverage responsibilities.

Silberman will report to John Hellier, senior managing director and head of equities. Charles Holmes serves as head of institutional sales, according to its website, which noted that its “sales effort reaches over 3,000 domestic and international equity investors.”

According to Hellier, Silberman’s “professionalism and terrific client relationships have been significant to the success of our equities business throughout this period.”

Presently, Oppenheimer explained that the sales force receives additional backing from its global financial capabilities, which has a “primary focus on mid-cap growth equities.”