Marcelo Pizzimbono Joins Evercore ISI as Head of Sales
NEW YORK - Evercore (NYSE: EVR), a leading global independent investment banking advisory firm, made a significant addition to its team by appointing Marcelo Pizzimbono as the senior managing director and head of sales at Evercore ISI. Pizzimbono brings with him a wealth of experience and expertise in the financial services industry, spanning over 30 years.
Pizzimbono’s most recent position was as a managing partner at CrossRegional Management, where he played a pivotal role in establishing one of Latin America’s top alternative private credit and direct lending companies. His contributions helped drive the firm’s success and establish its reputation as a leading player in the region.
Prior to his time at CrossRegional Management, Pizzimbono held the position of managing director and head of U.S. institutional equity franchising, demonstrating his proficiency in managing and growing businesses within the financial services sector.
The appointment of Marcelo Pizzimbono is a strategic move by Evercore to further enhance its sales division and strengthen its position within the financial services market. With Pizzimbono’s extensive experience and deep knowledge of the industry, Evercore aims to provide comprehensive and tailored solutions to its clients, ensuring their success in an increasingly complex and competitive landscape.
This development comes in light of Evercore Inc’s recent performance in the third quarter of 2023, where it yielded a return on asset (ROA) of 11.09%. Although this figure falls slightly below Evercore Inc’s average return on assets, standing at 14.44%, the addition of Pizzimbono to the leadership team indicates the firm’s commitment to continuous growth and improvement.
Evercore’s decision to recruit Pizzimbono reflects the company’s drive to expand its financial services offerings and solidify its presence in global markets. With an emphasis on leveraging Pizzimbono’s expertise, Evercore aims to capitalize on emerging opportunities, provide enhanced value to its clients, and achieve sustainable success in the coming years.
In conclusion, the appointment of Marcelo Pizzimbono as the head of sales at Evercore ISI signals a strategic move by the firm to bolster its financial services division. His extensive experience and proven track record are expected to bring valuable insights and strategic guidance to Evercore, helping the company navigate a dynamic and evolving industry landscape. As Evercore Inc strives to deliver exceptional results to its clients, Pizzimbono’s appointment reaffirms the firm’s commitment to excellence and growth in the global financial services market.
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