Cresset Hires Adwoa Mograbi as Chief People Officer

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Sep 27, 2022, 08:00 ET

Mograbi most recently served as Chief Human Resources Officer of the Federal Home Loan Banks, Office of Finance

CHICAGO, Sept. 27, 2022 /PRNewswire/ -- Cresset announced today that it has hired Adwoa Mograbi as Executive Managing Director and Chief People Officer. Mograbi brings more than 20 years of experience in human resources leadership, strategy, and talent management, with an industry focus on banking, capital markets, technology, and high-growth entrepreneurial environments.

Mograbi most recently served as Chief Human Resources Officer of the Federal Home Loan Banks, Office of Finance, a federally regulated company with assets of $959 billion, that issues and services all debt securities in the capital markets on behalf of the Federal Home Loan Banks (FHLBanks) system. In that role, she provided executive leadership for the HR/People function and developed programs to create a people-first, high-performance culture that values diversity and inclusion, employee engagement and well-being, and talent development.

"I could not be more excited to join a team as entrepreneurial and committed to living its values as Cresset is," Mograbi said. "One of those values is 'We believe in great people,' and that is certainly the case at Cresset. I firmly believe that organizational culture is a firm's greatest asset, and Cresset has an incredible foundation to build from."

At Cresset, Mograbi succeeds Mary Ceas, Managing Director of Human Resources, who earlier this year announced her plans to retire.

Mograbi has a track record of building and transforming HR operations with a focus on driving change in recruitment/talent acquisition, performance management, employee engagement and retention, training and development, and diversity and inclusion. She earned a bachelor's degree from McMaster University and an MBA from Ivey Business School at Western University.

"Addi is a fantastic cultural fit for Cresset and brings the experience, talent, and enthusiasm to further expand and refine our truly people-first approach at Cresset," said Avy Stein, Cresset Founder and Co-Chairman. "I would also like to thank Mary for her valued service to Cresset and our team members and wish her the best in retirement."

About Cresset
Cresset is an independent, award-winning multi-family office and private investment firm with more than $27 billion in assets under management (as of 6/01/2022). Cresset serves the unique needs of entrepreneurs, CEO founders, wealth creators, executives, and partners, as well as high-net-worth and multi-generational families. Our goal is to deliver a new paradigm for wealth management, giving you time to pursue what matters to you most.

Cresset offers access to a comprehensive suite of family office services, deeply personalized wealth management, investment advisory, planning, and other services through Cresset Asset Management, LLC. Cresset Partners, LLC, Cresset's private investing group, offers clients direct access to institutional-quality real estate, private equity, private credit, and other investment opportunities. Cresset Asset Management, LLC, and Cresset Partners, LLC, are SEC registered investment advisors. To learn more, please visit https://cressetcapital.com.

Cresset refers to Cresset Manager, LLC and all of its subsidiaries and affiliates. Cresset Asset Management, LLC provides investment advisory, family office, and other services to individuals, families, and institutional clients. Cresset Partners, LLC provides investment advisory services strictly to investment vehicles investing in private equity, real estate and other investment opportunities. Cresset Asset Management, LLC, and Cresset Partners, LLC are SEC registered investment advisors.

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SOURCE CRESSET