Kumar Brings Extensive Financial Services
Experience to Lead a Four-Person Team that Reflects Oppenheimer
Research's Commitment to FinTech and Payments
NEW
YORK, July 9, 2024 /PRNewswire/
-- Oppenheimer & Co. Inc. (Oppenheimer) — a leading
investment bank, wealth manager, and a subsidiary of Oppenheimer
Holdings (NYSE: OPY) — announced today the appointment of
Rayna Kumar as Managing Director and
Senior Analyst covering the Financial Technology sector. She will
lead a four-person team from Oppenheimer's New York office.
"We are thrilled to welcome Rayna to the firm and look forward
to her team's expert coverage of Fintech and Payments," said
John Hellier, Senior Managing
Director, Head of Equities for Oppenheimer. "Her depth of
knowledge, experience, relationships and established following in
the marketplace will provide an advantage to Oppenheimer's clients
in this dynamic and complex sector."
Kumar has deep expertise in the payments ecosystem, encompassing
everything from merchant acquirers, card networks, credit services,
payments software platforms and bank technology to payroll, money
transfer, issuer processor and IT services. Her coverage also
involves the impact of fast evolving fields such as artificial
intelligence, emerging payment systems and embedded finance.
She most recently served as a Managing Director and Senior
Analyst at UBS, where she was Head of Payments, Processors & IT
Services Equity Research. Previously, Kumar was a Managing Director
in this sector at Evercore ISI.
She began her career at Ernst & Young in Structured Finance.
Kumar received a B.S. from Boston
College in Finance & Computer Science and an M.B.A. from
Columbia Business School.
"Rayna's hiring is part of a significant expansion in
Oppenheimer's commitment to the Fintech sector," said William Bird, Director of Equity Research and
Head of Thematic Research at Oppenheimer. "The space is producing
significant innovation, disruption and efficiencies across
payments, banking, asset management and insurance. As the sector
undergoes rapid innovation and disruption, this necessitates expert
analysis to help our clients stay ahead of the curve."
"I am honored to join Oppenheimer Research and begin leading my
team in its enhanced coverage of Fintech and Payments," Kumar
said. "Continued innovation and ongoing disruption created by
incumbents and emerging Fintech companies are providing ample
investment opportunities in the space, making access to rigorous
analysis of the companies involved a must-have for investors. I am
dedicated to ensuring that Oppenheimer provides such insights and
capabilities for its clients."
Oppenheimer & Co. Inc.
Oppenheimer & Co. Inc.
(Oppenheimer), a principal subsidiary of Oppenheimer Holdings Inc.
(OPY on the New York Stock Exchange), and its affiliates provide a
full range of wealth management, securities brokerage and
investment banking services to high net-worth individuals,
families, corporate executives, local governments, businesses and
institutions.
Media Contact:
Joseph
Kuo / Michael Dugan
Haven Tower Group LLC
424 317 4851 or 424 317 4852
jkuo@haventower.com or mdugan@haventower.com
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SOURCE Oppenheimer & Co. Inc.