Sapient Appoints Jim Bennett as New Global Head of Business Development

Boston - 24 January 2011

Sapient Global Markets, part of Sapient (NASDAQ: SAPE) and a leading provider of services to today’s institutional financial and commodity markets participants, is pleased to announce that Jim Bennett has been hired as its new global head of business development.

With more than 25 years of experience helping firms evolve and grow, Jim’s current charter is to deliver business solutions and services that address clients’ needs and help them navigate today’s complex regulatory climate and adapt to changes in the marketplace. In his role, Jim draws upon a rich background in global capital markets with a high degree of specialty within derivatives and complex structures. Most recently, he worked on the capital markets build-out in Saudi Arabia.

“Jim is a true global executive, having worked and lived abroad, managing offices in EMEA, Latin America, and the U.S.,” said Chip Register, SVP and Managing Director, Sapient Global Markets. “His proven track record in financial services and first-hand knowledge of customer issues on a global scale will be a tremendous asset to our Global Markets practice. We are delighted to have him aboard.”

Earlier in his career, Jim served as executive vice president for Countrywide Capital Markets with primary focus on its rates business, alternative investment company and the expansion of its international offices. Jim spent the first 20 years of his career in various management and executive roles at Bank of America, helping drive rates, credit, derivatives, and structured finances. Jim is also a Certified Public Accountant.

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