HANetf makes two senior hires as demand grows for white label ETFs
General Counsel Samir Patel and Director of Product
Management Ignatius Faissal join following recent seed funding round.
The new hires add nearly 40 years’ combined experience
in the development and management of investment funds.
London, 18 December 2017 – HANetf,
Europe’s first independent white label ETF platform founded by Hector McNeil
and Nik Bienkowski, has appointed Samir Patel as General Counsel and Ignatius
Faissal as Director of Product Management.
Patel brings more than 20 years’ legal and compliance
experience in the investment fund sector, most recently at AllianceBernstein.
Prior to that, he worked for State Street Global Advisers, Fidelity
Investments, Goldman Sachs, Janus Capital and AXA Investment Managers. Patel
will support HANetf’s continued development and growth, providing product,
legal and regulatory advice to HANetf and its clients.
Faissal, who worked with McNeil and Bienkowski at ETF issuer
WisdomTree following the merger with the duo’s second venture Boost ETP, has
more than 15 years’ financial product development experience. He began his
career at Man Group, before moving to Credit Suisse Asset Management and later
Aviva Investors. He will report to Bienkowski, leveraging his experience in
building and developing UCITS ETF platforms.
Nik Bienkowski, co-CEO at
HANetf said: “The hires of Faissal and
Patel, who have nearly 40 years’ combined experience in the development and
management of investment funds, are extremely timely with the business fielding
increasing enquiries from potential clients recognising they need an ETF
solution. In total, HANetf’s management team now has 100 years’ of investment
fund experience, across every product type and asset class.”
Samir Patel said: “Having worked in asset management for the past 20 years,
I have been watching the ETF space with mounting interest as ETFs have grown
their influence among passive funds and just as active funds are becoming a
huge growth area for ETFs. I share Nik and Hector’s belief that most asset
managers need an ETF strategy, and I am excited to join a business ideally
placed to facilitate their entry into a market enjoying exponential growth.”