Dan Kochav joined the board in December 2004 following an investment by Putnam Lovell NBF in Lombard Risk's equity. Dan is now a Partner of Tenor Capital Management, an event driven convertible and capital structure arbitrage fund manager which he was responsible for incubating while he was at Putnam Lovell NBF.

Previously, Dan Kochav was a Managing Director of Alternative Investments at Putnam Lovell NBF, part of the National Bank Financial Group, and a subsidiary of National Bank of Canada. Prior to this, Dan Kochav was a Managing Director at TD Securities in New York (part of Toronto Dominion Bank). Here he was responsible for starting up and managing a number of business initiatives, including Convertible Arbitrage, Index Arbitrage, Corporate Equity Derivatives, Structured Tax Transactions, and a cross-border Structured Private Placement business. In this position, and in a previous position at Paine Webber Inc., he was responsible for originating, structuring, selling, and closing over $3 billion in structured financings, including leveraged leases, mortgage backed securities, energy project financing, leveraged buyouts and recapitalisations.