Oppenheimer Holdings Inc. announced the continued expansion of its Financial Institutions team with the appointment of John C. Putrino as Co-Head of Real Estate Investment Banking and Head of Lodging & Leisure Investment Banking, working alongside Cliff Booth, who previously joined as Head of Specialty Finance and Co-Head of Real Estate Investment Banking. Mr. Putrino will report to Gilbert Dychiao, Head of Financial Institutions at Oppenheimer. Mr. Putrino was most recently Head of Lodging & Leisure Investment Banking and Managing Director at Janney Montgomery Scott, LLC, where he successfully originated and closed 50 transactions in the real estate finance and property REIT sectors.

At his previous firm, he advised dozens of public and private companies and launched several initiatives, including a complementary practice in the institutional Single-Family Residential sector. The appointment of Mr. Putrino to his new role comes after Oppenheimer reported record-setting results for its investment banking business over the past year. Full-year investment banking revenue of $435.9 million for 2021 increased more than 96.1% over 2020.