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People moves news

Hazeltree hires client management ace Ventura


02 November 2016 New York
Reporter: Stephanie Palmer

Generic business image for news article
Image: Shutterstock
Treasury management solution provider Hazeltree has hired J.P. Morgan’s Sal Ventura to its management team as head of client relationship management.

Ventura brings 25 years of experience in the prime brokerage, product development and operations space, most recently as managing director and global head of client services for the J.P. Morgan custody and fund services business.

Before this, he was global head of the Citigroup investment banking and private banking operations, and the middle office.

At Hazeltree, Ventura will focus on managing client relationships, encouraging senior-level sponsorship and improving connectivity between the company and clients.

Sameer Shalaby, president and CEO of Hazeltree, commented: “As regulations continue to impact our industry, we continue to see increased focus on treasury and counterparty management.”

He added: “Sal Ventura’s industry experience provides him a unique perspective to manage our client relationships as we respond to global market demands.”

Ventura said: “From supporting fund managers for many years, I am fully aware of the significant challenges they face daily, ranging from increased regulations, tough performance, fee pressures, and increased investor demands.”

He continued: “I joined Hazeltree because it was clear we could make a difference and I am committed to working with our clients to understand their specific needs and harnessing the power of Hazeltree to address them head on.”
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