Kamakura hires Matz as senior VP

Hawaii-based risk management software provider, Kamakura Corporation, has hired Leonard Matz as senior vice-president. He will be based in Pennsylvania, and will work on client consulting, client training and model documentation.

Matz will also be responsible for bridging the gap between software, model and research staff and financial institution risk managers, he said.

Previously, Matz was the founder and a principal of Neshannock Financial, where he worked for nine years as an author, trainer and consultant. Prior to that, he spent 16 years as a banker for three different companies including Equibank where he was senior vice-president in charge of credit risk management, and at Michigan National Bank of Detroit and Michigan National Corporation, where he was senior vice-president in charge of funds management.

Matz has also been a member of the North American Asset and Liability Management Association, a financial risk management association for North American banks, since 1989.