Peter Albano Named Managing Director - Head of Taxable Fixed Income Sales at Oppenheimer & Co. Inc.

Wed Feb 6, 2013 9:22am EST

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NEW YORK--(Business Wire)--
Oppenheimer & Co. Inc., a unit of Oppenheimer Holdings (OPY:NYSE), is pleased to
announce that Peter J. Albano will become Managing Director - Head of Taxable
Fixed Income Sales. He will work out of Oppenheimer`s global headquarters in New
York and report to Robert S. Lowenthal, Senior Managing Director - Taxable Fixed
Income Sales. 

"I am excited that Peter is joining us. His over 20 years of experience will
prove valuable in building out our institutional relationships worldwide," said
Robert Lowenthal. 

Peter moves to Oppenheimer from BNP Paribas, where he served as head of its U.S.
institutional client relationship management team. At Oppenheimer, he will
manage the sales departments for Institutional Emerging Markets, High Grade
Corporate Credits and Mortgage Backed Securities. "Oppenheimer fills a void left
in the market after the financial crisis, and has an incredible platform upon
which to grow a market leading fixed income business." Peter said of joining

Before he worked at BNP Paribas, Peter held similar responsibilities at the
Royal Bank of Scotland. Prior to that, he held strategic management roles, both
domestically and internationally, in fixed income sales and trading at Bear
Stearns, ultimately running U.S. credit sales and global Emerging Market sales. 

Peter will be co-head of Emerging Market sales with Greg Fisher. Greg joined
Oppenheimer in 2005 and has over 25 years of experience in Emerging Markets
himself. Peter and Greg are reunited at Oppenheimer after having worked together
at Bear Stearns for over 10 years. "Peter and Greg are excellent at building a
client-centric business and focusing the organization on forming long-term
relationships with investors." Mr. Lowenthal added. 

Oppenheimer & Co. Inc. (Oppenheimer), a principal subsidiary of Oppenheimer
Holdings Inc. (OPY on the New York Stock Exchange), provides a full range of
wealth management, securities brokerage and investment banking services to
high-net-worth individuals, families, corporate executives, local governments,
businesses and institutions. 

Certain statements in this release may constitute "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act of 1995.
These statements involve a number of risks, uncertainties and other factors that
could cause actual results to differ materially, as discussed in the Company`s
filings with the Securities and Exchange Commission.

Robert S. Lowenthal, (212) 667-5300 

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