George Madrigal, Director (Founder and CEO, Penserra)

George is the Founder and Chief Executive Officer of Penserra, an institutional financial services company.  He joined Pangea's board in May 2016.

George has led the firm since it was founded in 2007, creating innovative products, developing precise solutions, and focusing on effective recruiting is at the forefront of his leadership. George also leads the Board of Directors as Chairman for his firm, which sets the strategic direction of the company.  He also works across all the business lines to ensure that Penserra is focused on our client’s most critical trading and investment objectives.  Penserra services some of the largest and most sophisticated corporations, asset managers, retirement plans, and foundations in the country.

As the son of a migrant farmworker from Mexico, George saw firsthand how families are impacted by immigration issues such as deportation.  After being introduced to Pangea through a board member, George was inspired by the stories of success he heard that were a direct result of the legal services offered by the organization.  The drive and determination of the Pangea staff was the deciding factor for George to join the board.

Prior to founding Penserra, George spent fourteen years at Barclays Global Investors (“BGI”), which is now part of BlackRock.  As a Global Equity Portfolio Manager at BGI he led a team of investment professionals that managed a wide range of international equity strategies.  Later as Head of Transition Management he led an implementation team that provided for multi-asset class portfolio restructuring using derivatives to inoculate risk while underlying physical securities are traded opportunistically.  During his tenure at BGI, George was also involved with firm-wide technology initiatives, accounting, risk management, and investment committees.  Prior to BGI, George held position at Baxter Healthcare and Conagra focused on accounting and marketing statistics.

George earned a bachelor's degree in business administration, majoring in accounting from the California State University, Fullerton.  He also earned MBAs from UC Berkeley with a focus on entrepreneurship and from Columbia University with a focus on capital markets.