Jefferies Group, Inc. (NYSE: JEF) today announced the hiring of Justin van Wijngaarden as Chief Operating Officer and Chief Financial Officer of its UK-based Jefferies International Ltd. subsidiary.
Mr. van Wijngaarden was most recently the Executive Director and Chief of Staff at Lehman Brothers in London. With more than 18 years of experience as a Finance professional, Mr. van Wijngaarden has significant exposure to the European and Asian markets, as well as asset and liability management, audit, and market and credit risk control experience. He will be based in Jefferies' European headquarters in London.
Mr. van Wijngaarden will be responsible for managing the continued growth of the financial and operational infrastructure of Jefferies in Europe, Asia and the Middle East. Approximately 15 percent of Jefferies Group's employees currently work in these regions and include investment banking, sales, trading, research and asset management professionals.
Mr. van Wijngaarden began his career as an Audit Manager for KPMG in London. He also spent several years with SEB as Head of Market and Credit Risk Control for Global Equities. For the past ten years Mr. van Wijngaarden was with Lehman Brothers in London in a number of senior director roles and was Head of Equity Controllers Europe prior to becoming Chief of Staff for Europe and Asia.
Richard Handler, Chairman and CEO of Jefferies Group, Inc., commented: "Growth and diversification at the pace Jefferies has pursued requires constant strengthening of our internal network of infrastructure and control. Justin van Wijngaarden's experience and credentials uniquely qualify him to oversee the financial growth and structure of Jefferies International. His hiring demonstrates our commitment to serving growing companies and their investors in Europe and Asia while maintaining the integrity of our expanding platform."
Mr. van Wijngaarden added: "The multi-faceted regulatory and accounting requirements in Europe and Asia can have a considerable impact on a company of Jefferies' depth, breadth and global reach. I look forward to applying my skills, knowledge and experience to support the continued strategic expansion of the Firm's International activities."