Ronald  D. Kazel
Managing Director, Head of Asset Management Group

Mr. Kazel is a Managing Director and Head of the Asset Management Group for Annaly which operates through its Merganser and FIDAC subsidiaries. Mr. Kazel joined the company in 2001. Prior to that, Mr. Kazel was a Senior Vice President in Friedman Billings Ramsey’s financial services investment banking group. From 1991 to 1996, Mr. Kazel served as a Vice President at Sandler O’Neill & Partners. Mr. Kazel has a BS from New York University.

Mr. Kazel serves on the board of directors for CreXus Investment Corp. (NYSE:CXS), which is managed by FIDAC.