Congratulations to Joe Rocco, Sammy Asoli and Jill Wilson on their appointment to the FFA Board of Directors. And a “job well done” to Jeff Maier and Nick Mitra, who are leaving the FFA Board as part of the normal FFA Board rotation process and will be joining the FFA Advisory Committee as of the end of June 2023.

In its announcement of the Board membership changes, the FFA said that these changes are intended to help the organization “evolve with our ever-changing market.” Added the FFA: “Each new board member is a senior leader in their organization, bringing a wealth of experience and knowledge to the role, and each has supported the fund finance industry and the FFA over many years in their respective jurisdictions within both the lending and manager space. We are confident they will each be a great asset to the Board and are excited about all future endeavors.”

Joe will be the FFA Board’s first-ever Fund General Partner. A Managing Director and Head of Treasury Capital Markets at Blackstone based in the U.S., Joe manages risk, liquidity, and funding for Blackstone’s corporate balance sheet as well as leading Fund Finance and Risk Solutions initiatives across the Blackstone platform.

Sammy is Managing Director & General Manager, Global Head of Fund Finance Solutions at Sumitomo Mitsui Banking Corporation and is also based in the U.S.

Jill, a Managing Director and Global Head of Financial Sponsors at Lloyds Bank Corporate and Institutional Banking, is based in London, with the Lloyds business operating across both European and U.S. markets.

In thanking Jeff and Nick for their Board service, the FFA said: “We would like to thank Jeff and Nick for their strong leadership and dedicated service on the FFA Board. We are the exceptional global association we are today because of their hard work, dedication, and contribution. We look forward to their continued participation in the FFA through the Advisory Committees.”

In addition, the FFA announced that it plans to organize small executive sub-committees to support the Board in different areas, including fundraising, sponsorship, nominations and governance.