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People moves news

EXCLUSIVE: Kellner Dileo adds to securities lending team


16 December 2011 New York
Reporter: Ben Wilkie

Generic business image for news article
Image: Shutterstock
Kellner Dileo has hired Alfonso Iervolino and Robert Dowd as senior vice presidents within our securities lending division. Iervolino has over 30 years experience in securities finance, most recently at Paloma Securities, while Dowd has nearly 20 years in the business, most recently at Prudential Bache. 

“We have been opportunistic with respect to personnel this year, as the environment is such that we have been able to attract numerous seasoned professionals that were eager to be a part of a more entrepreneurial and forward-thinking organisation," said Kellner Dileo & Co's director of securities lending Rory Zirpolo. "With the addition of Alfonso and Robert, this caps a year in which we have dramatically improved the collective skill set, have increased net capital and added new counterparties to the mix. We expect to continue to build out our business in the New Year, as we continually seek to develop ways to deliver value to our customers."
 
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