Performance Trust Capital Partners, LLC is pleased to announce the promotion of two of its senior leaders. Chirag Shah has been promoted to President, while Eric P. Brown has been promoted to Senior Managing Director. Along with CEO Rich Berg and Chairman Phil Nussbaum, Shah and Brown will comprise the company's senior-most leadership team.
For nearly 25 years, Performance Trust has empowered community financial institutions to remain the heartbeat of their communities through distinctive insights, disciplined decision making, and actionable advice, with the goal of leading to better performing institutions. Today, intense competition and advances in technology, product commoditization, and industry consolidation demand integrated solutions. Shah's and Brown's new roles reflect the company's strong commitment to the development of forward-thinking solutions within the investment banking, capital markets, institutional trading, and community financial institution space.
"We are privileged to have incredibly talented individuals within our firm. These individuals collectively strive to focus their energies and talents toward client results which will naturally lead to better results for our firm. We are fortunate to have them take on these integral roles and are excited to have them as partners in leadership," said Berg.
When Shah joined Performance Trust in 2008, he primarily focused on Structured Products trading. In his 10 years with the firm, he has demonstrated gifted leadership and distinguished himself both through individual contributions and through leading others. In 2017, he was promoted to Senior Managing Director, overseeing the Financial Institutions Group, Trading, and Capital Markets. Prior to joining Performance Trust, Chirag spent time at Banc of America Securities and Kiva.
Brown joined Performance Trust in 2008 as an experienced salesperson who had a successful run at RBC Capital Markets. He took his ability as a leading producer and developed the Institutional Group, while helping to lead the Financial Institutions Group. Brown also oversees the Capital Markets group responsible for sourcing new securitized products that the firm is bringing to market. The benefits that this service provides to clients allow the firm to make a greater impact on the financial industry.
"Chirag and Eric are proven leaders who have demonstrated an impressive ability to develop talent and guide the firm to new levels. Their new roles will further position Performance Trust to serve the rapidly evolving needs of our clients and their stakeholders," Nussbaum said. "This is an exciting time for Performance Trust."