Bolton Global Capital announces that Eli Butnaru has joined the firm as a managing director.
Butnaru has more than 35 years of experience in directing various companies in the financial services industry with as many as 300 employees and annual revenues in excess of $2 billion, according the firm information.
His background includes managing companies in start-up, survival, turnaround, and growth modes for financial institutions such as Citicorp, UBS International, BNP Paribas and most recently, Boreal Capital.
“We are delighted to have such a well-respected financial professional affiliate with our company” stated Ray Grenier, Bolton’s CEO.
Among his previous positions, Butnaru served as Managing Director of Citibank for 18 years where he was a senior credit officer with an emphasis on petroleum, metals, and mining, the press release said.
He also served as global transaction head in Asia. During his tenure at Citibank, he was stationed in countries throughout Asia and the Americas. He also acted as Market Head for the private bank of UBS International where he worked for 8 years.
Prior to joining Bolton Global, Butnaru was the CEO of Boreal Capital Management for 10 years where he was responsible for establishing and growing the firm’s securities brokerage and advisory businesses. He also managed client accounts worth approximately $250 million in market value.
His primary role at Bolton will be to manage and grow his securities and advisory business serving clients in the US, Latin America and Europe. He will be working at Bolton’s Miami office at the Four Seasons Tower on Brickell Avenue.
Butnaru is a graduate of Louisiana University and is a Chartered Financial Analyst or CFA.