NewOak, an independent risk advisory and specialized financial services company, has appointed Neil McPherson head of business development.
McPherson, who was part of the original business development team when NewOak launched in 2008, returns to the firm with responsibility for coordinating NewOak's client development efforts across all its business lines: valuation and risk advisory, litigation consulting and dispute resolution, mortgage credit services, and financial technology solutions.
Following his first stint at NewOak, McPherson joined Markit in 2009 as managing director and the global head of structured finance. While at Markit, he launched a pricing service for the buyside and later led Markit's index licensing business for cash and synthetics.
Prior to NewOak, McPherson was a managing director in fixed income syndicate for ABN AMRO in New York from 2005 to 2008. Prior to that, he spent 12 years at Credit Suisse First Boston, where he served as managing director, head of ABS/CDO research, and led the company's ABS and CDO research team. He started at CSFB as a software developer and subsequently spent four years in mortgage-backed securities bond sales.