Oppenheimer Appoints New MD

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Oppenheimer & Co. has announced that Peter J. Albano will become Managing Director – Head of Taxable Fixed Income Sales.

 He will work out of Oppenheimer’s global headquarters in New York and report to Robert S. Lowenthal, Senior Managing Director – Taxable Fixed Income Sales.

'I am excited that Peter is joining us. His over 20 years of experience will prove valuable in building out our institutional relationships worldwide', said Lowenthal.

Albano moves to Oppenheimer from BNP Paribas, where he served as head of its U.S. institutional client relationship management team. At Oppenheimer, he will manage the sales departments for Institutional Emerging Markets, High Grade Corporate Credits and Mortgage Backed Securities.

'Oppenheimer fills a void left in the market after the financial crisis, and has an incredible platform upon which to grow a market leading fixed income business', Albano said of joining Oppenheimer.

Before he worked at BNP Paribas, Albano held similar responsibilities at the Royal Bank of Scotland. Prior to that, he held strategic management roles, both domestically and internationally, in fixed income sales and trading at Bear Stearns, ultimately running U.S. credit sales and global Emerging Market sales.

Albano will be co-head of Emerging Market sales with Greg Fisher. Fisher joined Oppenheimer in 2005 and has over 25 years of experience in Emerging Markets himself. Fisher and Albano are reunited at Oppenheimer after having worked together at Bear Stearns for over 10 years. 'Peter and Greg are excellent at building a client-centric business and focusing the organization on forming long-term relationships with investors', Lowenthal added.

 

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