Mesirow says it is sharpening its focus on near- and long- term goals, which will include strategic hires and acquisitions.
Organic growth of the firm’s alternatives platform and wealth management business will top the to-do list of its newly appointed chief strategy officer, who brings years of experience in the industry and business management to the role.
Ketan Shah knows Mesirow well as its general counsel, following more than a decade with the employee-owned firm, previously as head of corporate development, associate general counsel and deputy general counsel. His pre-Mesirow career included several years as an attorney at Kirkland & Ellis, and as an auditor at Deloitte.
In his new dual role as general counsel and chief strategy officer ,he will develop a strategy for growth that will also encompass expansion of product offerings and geographic reach. This will include acquisitions, such as the addition of the $1.2 billion firm Front Barnett last year.
"I am excited to assume additional responsibilities as chief strategy officer," Shah said, "and look forward to collaborating with talented leaders across the firm as we identify new opportunities, strengthen our market position and continue our best-in-class service offerings to institutional, corporate and individual investors worldwide."
The Chicago based firm is approaching its 90th year, with a business incorporating global investment management, capital markets and investment banking, and advisory services. Its CEO is Natalie Brown.
"Ketan's promotion to chief strategy officer is a testament to his outstanding contributions and deep understanding of our business," Brown said. "His strategic acumen and focus on generating growth will be instrumental as we continue to foster innovation and deliver exceptional results to our clients."
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