NEW YORK--(BUSINESS WIRE)--MF Global Holdings Ltd. (NYSE: MF), a broker-dealer providing trading and hedging solutions, today announced that Vinay Mahajan has joined the firm as global treasurer, effective immediately.
“As we move forward on our strategic plan to transform our firm into a global investment bank, we remain focused on continuing to optimize our capital structure and enhance our liquidity profile,” said Henri Steenkamp, chief financial officer, MF Global. “Vinay brings considerable experience and expertise to this important role and will be instrumental in identifying and assessing corporate finance options to accelerate and support our strategic objectives.”
Mr. Mahajan will assume responsibility for executing the firm’s global capital markets strategy with respect to financing, capital structure, balance sheet, liquidity, investments and banking relationships. He will report to Mr. Steenkamp.
Mr. Mahajan brings to MF Global more than 20 years of treasury and capital markets experience. Most recently, he served as managing director and Treasurer at Fortress Investment Group. Prior to that, he held senior treasury and capital markets roles at Citigroup, General Electric Capital Corporation, PepsiCo, Inc., and Atlantic Richfield Chemical Company.
David Dunne, who has served as the firm’s Treasurer since 2008, will continue to manage the day-to-day global liquidity demands of the firm as global head of Treasury Capital Markets.