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Lehman Promotes

Lehman Brothers, the global investment bank, has unveiled a series of senior appointments. Effective December 1, 2007, Erin Callan will assume the role of chief financial officer, Chris O’Meara will assume the role of global head of risk management and Madelyn Antoncic will assume the newly created role of global head of financial market policy relations.

As CFO, Callan will oversee the bank’s finance organisation, including treasury, tax and financial control and reporting, and will join the Lehman Brothers’ Executive Committee. She joined Lehman in 1995 and was named a managing director in June 2000. She is currently responsible for heading global hedge fund coverage, a new initiative since early 2006 within its Investment Banking Division. Prior to assuming this role, she headed Lehman Brothers' global finance solutions group and global finance analytics group within Investment Banking.

As global head of risk management, O’Meara will be responsible for all aspects of the firm’s risk profile, including oversight of risk management policies, procedures, analytics and metrics; and, in conjunction with the firm’s executive committee, monitoring bank-wide risk appetite, trading limits and required equity capital.

 

He joined Lehman in 1994 and has served in various prominent roles across its finance division including global controller. He has served as chief financial officer of Lehman since December 2004.

 

Both will report directly to Dick Fuld and Joe Gregory, president and chief operating officer, and to co-chief administrative officer Ian Lowitt for day-to-day administration of their responsibilities.

 

In the newly created role of global head of financial market policy relations, Antoncic is expected to connect with key sovereign and financial officials in dealing with policy issues as they impact not only Lehman but also the markets. She has been the global head of risk management for the past five years having joined the bank in 1999 as head of risk policy. Antoncic will report to vice chairman and chief legal officer Tom Russo.

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