ON THE MOVE: Prometheum Appoints Dr. Arthur Laffer; Sarah Salih to State Street

Dr. Arthur Laffer

Prometheum has appointed Dr. Arthur Laffer as a senior strategic advisor, and the inaugural member of its advisory committee. Dr. Laffer is well known for the Laffer Curve, which illustrates a theoretical relationship between rates of taxation and the resulting levels of tax revenue. He rose to prominence as a member of President Reagan’s Economic Policy Advisory Board (1981–89) and has advised multiple high-level policymakers in the U.S. and abroad. In 2019, Dr. Laffer was awarded the Presidential Medal of Freedom, the nation’s highest civilian award, by President Donald J. Trump. Dr. Laffer is the founder and chairman of Laffer Associates, an institutional economic research and consulting firm.

Sarah Salih

State Street Corporation has hired Sarah Salih to executive vice president and head of North America for its Investment Services business. Based in Boston, Salih reports to Joerg Ambrosius, president of State Street Investment Services. In this new role, Salih will establish a cohesive operating model to deliver a consistent experience for clients in North America. She joins from HSBC Securities (USA), where she was most recently head of Regional Coverage, Americas, leading Global Banking coverage of clients across multiple sectors in the Americas. Prior to HSBC, she held several senior positions with Deutsche Bank Securities across banking and markets.

Harry Jung

The Commodity Futures Trading Commission has announced that along with serving as Acting Chairman Caroline Pham’s top advisor, Harry Jung will also lead the CFTC’s engagement on crypto, decentralized finance (DeFi), and other digital assets, building upon his work in this space as the Designated Federal Officer of the CFTC’s Global Markets Advisory Committee. In addition, Meghan Tente has been appointed Acting General Counsel. She has served in multiple leadership roles at the CFTC, including most recently as Chief of Staff to then-Commissioner Pham.

Northern Trust has appointed Robert (Bob) Moritz and Richard (Rick) Petrino to its board of directors. Moritz, the former global chairman of PricewaterhouseCoopers (PwC), will join the Northern Trust Board of Directors effective March 1, 2025. Petrino, a former American Express Company executive, joins effective immediately. Moritz is a member of the Walmart board of directors. He is a member of the International Business Council of the World Economic Forum and a director of the Oswego University Foundation, as well as a member of the board of Generation Unlimited. Petrino held several leadership roles during his nearly three decades at American Express Company, most recently serving as chief operating officer of American Express National Bank

T. Rowe Price has hired Jeff Helsing as Institutional Business Development (IBD) Executive, Fixed Income, a new role. He will report to Doug Greenstein, the Head of US Institutional Business Development in T. Rowe Price’s Americas institutional division. Before joining T. Rowe Price, Helsing served as a Senior Product Manager at Western Asset Management. Prior to that, he spent 20 years at PIMCO in both Portfolio Specialist and Portfolio Manager capacities. He holds a Bachelor of Science degree in Finance from Arizona State University and an MBA from the Marshall School of Business at the University of Southern California.

Miami International Holdings has promoted Joseph Bracco to the position of Executive Vice President, Global Head of Sales. Bracco has been an integral part of the MIH senior management team since joining the company in 2015, leading MIH’s sales efforts since then. Bracco’s career spans over 40 years in financial markets. His contributions at MIH include initiating and managing relationships within the financial industry, as well as strategic development of new products and venues. 

CoinShares International has appointed Calvin Tintle as Sr. Manager, National Accounts & Distribution. Tintle joins CoinShares with nearly two decades of experience in institutional sales and distribution strategies. During his tenure as Senior Manager for National Accounts at ProShares, he established and deepened relationships with major wealth management platforms while driving institutional adoption of innovative investment products.

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