LECG Expands Platform With Hiring of Vinella
LECG has expanded its global financial services platform to better serve companies challenged by the worldwide financial crisis, with the hiring of Peter Vinella to lead the financial services sector. He will focus on advisory services for regulated and non-regulated financial institutions and government agencies, working closely with litigation support and other in-house groups.
This completes LECG's acquisitions of The Secura Group and Bates Private Capital into the firm's financial services consulting division. The firm also serves the energy, environment and healthcare industries.
Vinella comes to the firm from Wilmington Trust Conduit Services, which provides collateral and fund administration services to issuers, managers and investors in credit and structured financial products. He was the company's chief executive officer.
With more than 25 years in the financial services industry, Vinella has also worked for Smith Barney and Drexel Burnham Lambert.
"The global economic downturn, and both the stresses and the opportunities it brings to the global financial services industry," Vinella noted, "represents a consulting renaissance. LECG is now perfectly positioned to take a leading role by virtue of our unique expertise and experience in providing our clients with practical solutions to complex, unstructured problems. By building strong and accountable teams made up of the most talented people, ones with firsthand experience as senior executives in major financial institutions around the world, LECG will be the first choice for high-profile financial institutions and investors."
LECG also recently hired Dan Borge, a financial risk management expert and former head of risk management for a leading international management consulting firm.
"This new financial services sector will greatly enhance LECG's outstanding service to its clients, as well as give us greater flexibility with which to pursue the strategic consulting opportunities that today's unpredictable economic conditions will no doubt provide for some time," said LECG CEO Michael J. Jeffery.
Barclays Hires Jobe As iShares 529 Chief
Barclays Global Investors has hired Stephen Jobe as director of its iShares 529 programs.
He joins the firm from Morgan Stanley, where he oversaw the retail 529 college savings plan business as director of education strategies. Before that, he was with Allianz Global Investors for 10 years, where he launched the CollegeAccess 529 plan in 2002.
Jobe is also a director and chairman of the legislative committee for the College Savings Foundation.
Faryniarz Accepts Market Structure Post with DTCC
The Depository Trust & Clearing Corp. has hired Daniel G. Faryniarz as managing director of market structure and industry relations, a new position in which he will work to help identify and develop new front-office and trading opportunities.
Faryniarz, a 20-year veteran of financial services, comes to DTCC from Merrill Lynch, where he was a director in the global rate sales division. He has also worked for Commerzbank Securities, Greenwich Capital Markets, NatWest Capital Markets and Lehman Brothers.
"Danny comes to DTCC at a time of great change and opportunity for the industry and our clients," said Michael C. Bodson, executive managing director of DTCC. "He is joining a team that will guide DTCC's strategic direction through outreach to new clients and to new areas at existing client firms, where demand is growing for automated post-trade solutions," Bodson continued.
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