Convergex Taps Frederick Arnold as Its Chief Financial Officer

Convergex, an agency-centric brokerage and trading related services provider, has added Frederick Arnold as its newest Chief Financial Officer (CFO), according to a Convergex statement.

In his new role as the CFO, Mr. Arnold will be tasked with the oversight of all of Convergex's global financial operations – the appointment will also see him added to the firm's Executive Committee, where he will be responsible for the provision of organizational guidance and governance to the company. In this capacity he will be based out of Convergex’s New York headquarters.

Mr. Arnold has garnered over three decades of experience in senior level CFO roles and financial leadership positions at a number of global financial institutions and manufacturing firms. In addition to his new role, he currently also serves as a director of Lehman Brothers Holdings Inc. and Corporate Capital Trust.

Mr. Arnold has had experience between 2009 to 2011 as an executive vice president and CFO of Capmark Financial Group, as well as the years between 2006 to 2007, where he oversaw global finance functions of Masonite International. Additional stops include Willis Group Holdings, Arnhold & S. Bleichroeder, Smith Barney and Lehman Brothers.

According to Eric Noll, Convergex President and CEO, in a recent statement on the appointment, "We are excited to have Fred join the Convergex leadership team. He is a dynamic addition with his established record of success and his notable background. He brings additional depth to the firm and will be instrumental in helping the global expansion of Convergex's offering."

Back in April, Convergex also secured the services of Ann Neidenbach as its newest Chief Information Officer (CIO), joining the firm from Nasdaq after a lengthy tenure.