DELRAY BEACH, Fla., July 22, 2015 /PRNewswire/ -- DRB Financial Solutions, LLC (DRB) is pleased to announce our newly appointed Chief Financial Officer, Steve Bashmakov. With more than 17 years of experience, Mr. Bashmakov has an extensive finance background with significant financial management, investor relations, risk management and strategic planning expertise. This important addition to the DRB's executive management team will facilitate our continued growth and diversification and help us realize our strategy of becoming the premier source of liquidity solutions for individuals and businesses.
In making the announcement, Jim Terlizzi, Executive Chairman of DRB, stated, "Steve brings an impressive track record of driving significant operational improvements. His strategic and leadership skills will help contribute to the successful execution of our business plans. As our CFO, he will play a vital role in the pursuit of our long-term strategic growth opportunities."
Prior to joining DRB, Mr. Bashmakov spent the last five years at RoundPoint Financial Group, owned by Tavistock Corporation. During his tenure, he served in a number of executive roles including CFO and President, where he was responsible for the development and growth of various business units. Previously, he served in executive roles at Residential Credit Solutions, Resmor Trust, GMAC Residential Funding of Canada, ResCap and JP Morgan Chase.
"Steve is a key hire for the organization and a welcome addition to the team. With his leadership, we can accelerate our growth plans while strengthening the core of our business platform," stated Robert Rigal, Chief Operating Officer.
About DRB Financial Solutions, LLC: The DRB Financial Solutions family of companies is a leading purchaser of annuity payments and other illiquid cash flows. DRB offers liquidity and optionality to prospective sellers in need of cash who have guaranteed or life-contingent structured settlements, annuities and/or investment annuities. DRB is also a leading provider of advances to personal injury victims and their families.
Contact: Mark Mruz
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SOURCE DRB Financial Solutions, LLC