Council Advisors Congratulates Hazeltree on its Leadership Transition

NEW YORK--(BUSINESS WIRE)--Council Advisors, the Board and CEO Advisory firm, is proud to share in congratulating the Board of Hazeltree on its appointment, announced today, of Tushar Amin as Hazeltree’s President, Chief Executive Officer and Board Director.

Hazeltree is the leading provider of treasury and liquidity management solutions for the asset management industry. Council Advisors has provided strategic counsel and interim executive leadership to Hazeltree.

Tushar takes over from Doug Haynes, who has served as interim Chief Executive Officer of Hazeltree since October 2021. Doug is a Managing Partner of Council Advisors, and was formerly President of the hedge fund Point72. Council Advisors’ team included Paul Magill as interim Chief Marketing Officer and Simonida Subotic as Senior Financial Advisor. Paul is a former CMO at Abbott Laboratories; Simonida is former Deputy Secretary for Economic Development and Housing for the State of New York.

“Tushar’s appointment as CEO marks an important milestone for us in the evolution of Hazeltree,” said Remy W. Trafelet, Founder and Board member of Hazeltree. “I want to thank Doug and his team at Council Advisors for immersing themselves with the management team at Hazeltree and helping us set a new path for sustainable growth. With the counsel and leadership of Council Advisors, we have been able to define a strong market position and develop an organization primed for its next phase of growth.”

Doug Haynes will continue with Hazeltree as Executive Chairman, and Council Advisors will remain available to the new executive team to support a smooth transition.

“I am delighted to pass the CEO baton into such capable hands as Tushar’s,” said Doug Haynes, Executive Chairman of Hazeltree. “My Council Advisors colleagues and I have enjoyed working with Hazeltree, and come to fully appreciate its unique positioning and capabilities. Tushar’s leadership will empower Hazeltree to reach its full growth potential.”

Tushar joins Hazeltree with more than 25 years of software and IT services industry experience and extensive background in delivering world-class business solutions to the financial services sector. He most recently was a member of the senior leadership team and Business Model Innovation Leader at Kyndryl, the IT services company spun off from IBM in 2021. Prior to Kyndryl, Tushar was the Chief Operating and Strategy Officer for IBM Global Technology Services. He also previously served in IBM Software Group, IBM Corporate Finance and PricewaterhouseCoopers Consulting.

About Council Advisors

Council Advisors is a consulting firm comprised of experienced leaders who have served as operating executives, senior partners, investors, and board members for a diverse set of firms including some of the world’s largest enterprises and most prestigious management consulting firms. Council Advisors provides confidential advice and executive support to Boards and senior enterprise leaders, to help them define and mobilize their agendas. Council Advisors is headquartered in New York.

About Hazeltree

Hazeltree is the leading treasury and liquidity management solution provider for investment management firms, serving hedge funds, private markets, asset managers, fund administrators, insurance companies, pension funds and corporates. Hazeltree’s innovative cloud-based treasury and liquidity solutions deliver enhanced transparency, liquidity, risk mitigation, streamlined operations and increased IRR by optimizing counterparty interactions, credit facilities, margin requirements, and fees. Hazeltree is headquartered in New York with offices in London and Hong Kong.