Aranca Strengthens US Sales Team With The Addition Of A New Vice President Of Business Development
Published on 13 Apr, 2013
Aranca announced the addition of Ted Smarz to the US sales team, a veteran with 30 years of experience in Investment Research to bolster presence in the US
New York: April 1, 2013 – Aranca, a global research and analytics provider, has announced the expansion of its team in the US with the induction of Ted Smarz as Vice President of Business Development. The firm recently announced its aggressive growth targets for the year 2013-14 and has been building its team as it looks to add significantly to its existing portfolio of over 1500 clients, many of whom are in the US. In an earlier announcement, the company had spoken of their expansion into new markets as well as the addition of capacities in new Latin America and China centers.
Ted has over 30 years of experience working at various US broker-dealers. Most recently, he managed the Bank of Montreal's US equity research group. Prior to that, he was CLSA's US research director where he built and developed the research group. The bulk of his career was spent at Prudential Equity Group (20 years) including stints in Internal Audit, Compliance and as the Associate Director of Research where he helped manage a team of about 50 senior analysts. He even led Thomas Weisel’s India operations.
Hemendra Aran, CEO and Founder of Aranca welcomed Ted to Aranca. He said, “With the addition of Ted to our team in North America, we have significantly strengthened our presence in the region. Ted is an industry stalwart and is uniquely placed to understand the challenges of our prospective clients, as well as the solutions that would work best for them. I welcome Ted and wish him the very best at Aranca.”
Talking about his latest assignment at Aranca, Ted Smarz said, “Aranca is one of the few firms that enjoy a strong reputation in the North American markets. It is an exciting growth story and I plan to bring my entire experience to the table and help Aranca reinforce its leadership position in the region.”
Ted has the Series 7, 16, 24 and 63 registrations, an accounting degree from Seton Hall University and an MBA in Finance from St.John's University.