In this expanded role, Abelow will be responsible for further developing and executing the firm’s new strategic direction, while continuing to oversee risk, operations, transaction services, human resources, information technology, procurement and real estate activities for all MF Global entities.
Abelow joined the MF Global in September 2010. Prior to MF Global, he was a founding partner of NewWorld Capital Group, a private equity firm investing in businesses active in environmental opportunities.
In his career, Abelow also serviced as partner and managing director of The Goldman Sachs Group, where he managed the firm’s operations division.
Henri Steenkamp, the current chief accounting officer and global controller, has been appointed as chief financial officer (CFO).
Effective 1 April 2011, Steenkamp will succeed Randy MacDonald, who served as CFO for the past three years and was recently appointed global head of the firm’s retail operations.
As CFO, Steenkamp will oversee MF Global’s financial operations, including treasury, accounting, and all global financial control and reporting functions.
Steenkamp will be responsible for aligning MF Global’s finance and capital structures to support the firm’s business strategies and will serve as a member of the firm’s senior management team. He will report directly to chairman and CEO of MF Global Jon Corzine.
Steenkamp joined MF Global in 2006 as vice president of external reporting and was promoted to chief accounting officer later that year. Prior to MF Global, Steenkamp spent eight years with PricewaterhouseCoopers.
