Peter Clarke, a 40-year veteran of the municipal bond industry, has joined the Advisory Board of Academy Securities, a military and disabled veteran-owned investment bank.
Clarke, who retired from JPMorgan Securities in 2017, spent his entire municipal career there after graduating from the University of Virginia in 1974.
During his tenure at JPMorgan, he served in a number of roles including head of underwriting where he oversaw the pricing of debt for a wide variety of large program municipal issuers. He also served as vice chair of public finance and co-chair of the commitments and engagements committees from 2009 until his retirement.
“We are extremely pleased that Peter has joined our Advisory Board, said Richard Kolman, head of the municipal securities group at Academy. “He is a real professional with in depth knowledge of all aspects of the business. Peter is highly regarded by issuers and investors alike. Academy’s municipal team has really grown over the past year and the addition of Peter is the perfect complement to our growth plans, Kolman said. "Peter's experience with a wide variety of municipal issuers will be of tremendous value to the public finance team as well as our salesforce.”
Clarke was also very active in industry initiatives. He is past president of the Municipal Bond Club of New York and served on the board of the Municipal Securities Rulemaking Board from 1990-1993 and 2007-2010 and was its vice chair in 2008-2009 and its chair in 2009-2010.
“I am honored to be joining the Advisory Board of Academy Securities,” Clarke said. “Giving veterans a chance to succeed as investment banking, sales, and trading professionals is a worthy cause for these individuals who have served in the military and given so much to our country. I admire and share their core values of loyalty, commitment, and building long-term client relationships. Academy is in the business for the long haul and I am excited to do whatever I can to help them accomplish their objectives. I have watched Academy develop since JPMorgan began the mentor relationship in 2012 and believe they have taken the proper steps to continue to grow and be very successful.”
Kolman said Clarke will begin his new role immediately.
“We look forward to leveraging his experience and knowledge as we continue to expand the presence of Academy Securities in the capital markets,” he said.
