User:Chrisnilescfa/Matthew Pendo
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Matthew Pendo served as Chief Investment Officer of the Office of Financial Stability of the United States Treasury under Assistant Secretary of the Treasury for Financial Stability Herb Allison and Secretary of the Treasury Timothy Geithner from March 2011 to March 2013.[1] As part of his duties he oversaw the investments created under the Troubled Asset Relief Program (TARP), the $700 billion fund to purchase assets and equity from financial institutions in order to strengthen the financial sector of the economy and managed the substantial liquidation of the portfolio during 2012 and 2013.[2]
His previous position was as Head of US investment banking for Barclays Capital, based in New York. Prior to joining Barclays in 2006, Mr Pendo was Head of Corporate Finance for the Western US at Merrill Lynch. Pendo began his career at Merrill Lynch as an associate in investment banking and served in various roles during his 18 years there.[3]
In April 2013, Pendo was appointed to serve as a member of the Board of directors of Ally Financial.[4]
Pendo graduated from Princeton University in 1985. He was co-captain of the Princeton Tigers tennis team. [5]
References[edit]
- ^ http://www.boston.com/business/articles/2011/03/22/a_top_us_bailout_official_to_step_down/
- ^ http://www.treasury.gov/initiatives/financial-stability/reports/Documents/TARP%20Four%20Year%20Retrospective%20Report.pdf
- ^ http://www.prnewswire.com/news-releases/barclays-capital-appoints-mathew-pendo-as-managing-director-and-head-of-us-industrials-group-72387387.html
- ^ http://online.wsj.com/article/BT-CO-20130425-715656.html
- ^ "Princeton Alumni Weekly". 1984.
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