Michael DuCharme has joined Mesirow Financial as director, currency solutions within its currency management business, which provides custom risk solutions, ranging from passive to active currency risk management.
He joins from Russell Investments, where he spent 17 years focused on trading systems and processes. Most recently, he was head of currency strategy, helping clients develop strategies to reduce their FX transaction costs while minimising risk. DuCharme started his career as an engineer, including a tour of duty as a civil engineering officer in the United States Air Force.
“We’re excited to attract this level of talent to continue to build the business in Currency Management,” says Dominick Mondi, president of Mesirow Financial. “The team is committed to providing new and innovative solutions for our currency management clients.”
DuCharme is the second significant hire Mesirow has made from Russell Investments, earlier this year it hired Joe Hoffman as CEO of currency management from the firm.
“Understanding that Mesirow has a history of providing clients with world class currency management solutions,” says Hoffman. “Mike’s extensive experience developing systems to enhance foreign exchange services and identifying easier and more cost-effective ways to trade FX is a great complement to our team.”