PERSON: David Zervos

Jefferies

Managing Director

Dr. David Zervos, Ph.D., serves as the Chief Investment Officer of Global Macro Division at Leucadia Asset Management, LLC. Dr. Zervos has been Managing Director and Head of Global Fixed Income Strategy at Jefferies LLC since February 2010 and serves as its Chief Market Strategist. He served at Federal Reserve Board as a Visiting Advisor in the Division of Monetary Affairs for most of 200. Dr. Zervos was a Staff Economist at The Federal Reserve System. He served for five years as a Portfolio Manager of Brevan Howard Asset Management LLP and UBS O’Connor Limited, where he specialized in global macro investment strategies. Dr. Zervos directed mortgage and derivative strategy at Greenwich Capital Markets and also worked in international fixed income strategy at Swiss Bank Corporation. He served as an Investment Adviser at The Royal Bank of Scotland Plc, National Westminster Bank Plc, and Greenwich NatWest Limited. Dr. Zervos has a Ph.D. and a MS in Economics from the University of Rochester.

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