Olivetree Securities, a UK based equities broker, has appointed Jim Cirenza as chief executive of its US subsidiary, Olivetree USA.
Cirenza will be responsible for building the group’s US based business.
He is a senior executive with over 25 years of international experience and extensive business contacts across the UK, Europe and the US.
Prior to joining Olivetree he was global head of securities (equity and fixed income) at Carnegie Investment Bank for eight years, where he was also head of the New York office for five of those years.
Before that he was head of European sales trading in the US at JP Morgan.
Daryn Kutner, Olivetree’s chief executive and founder, says: “Jim will play a crucial role in expanding our reach to the US, a region we believe is essential for our long term success. Jim brings a proven track record of building new businesses, developing talented teams of professionals and delivering positive revenue growth. We will benefit from his wealth and breadth of experience in equities and fixed income as well as leveraging his management and strategic planning expertise. In attracting someone of Jim’s calibre we see further confirmation of the strength of our unique business model. We are delighted to have Jim on board. “
Cirenza adds: “I am excited to join an entrepreneurial group of professionals, at an early stage of the company’s development, whose sole focus is providing a unique client service. I particularly admire the emphasis placed on building trust through client confidentiality and the avoidance of conflicts of interests that forms such a fundamental part of Olivetree’s business model.”
Olivetree Securities was founded by Kutner, formally of Morgan Stanley, in 2009.