Depth of Experience
Kenneth Toten
Kenneth Toten is one of the most knowledgeable professionals specializing in structured finance and commercial mortgage-backed securities (CMBS) in Canada. Ken founded TAO Administration after his long tenure with a niche structured finance firm where he helped to build the company into the largest independent structured finance boutique in Canada. Prior to that, Ken enjoyed a career at Citicorp Securities, New York, where he worked as a commercial mortgage-backed security specialist. He was also senior credit officer with global credit-approval authority at Citibank, one of the world’s largest financial institutions. He has been a professional in the financial services industry for more than 30 years, focusing on commercial real-estate finance.
Ken holds an honours BA in economics from McGill University and an MA in international relations from the University of Toronto.
Adrian Leung
Adrian joined TAO Administration in January of 2009. He is responsible for leading the Portfolio Management Group and managing the administration, settlement and processing of TAO’s assets under administration. With over 15 years of experience in financial services including 10 years in the structured finance/securitization industry, Adrian brings to the team expertise in structured finance administration, treasury, and securitization-based funding. Prior to joining TAO, Adrian worked with a Canadian securitization sponsor in a senior portfolio administration and funding role, and at both a Schedule I Canadian bank and a Canadian-based investment management firm where he gained extensive experience in financial controls and financial reporting. Adrian holds a MBA from the Rotman School of Management at the University of Toronto.
Manuela Popescu
Manuela Popescu joined TAO Administration in January 2009 as the head of the Trust Accounting Group. In addition, up to 2011 she managed the Corporate Finance activities for the TAO Group of Companies. Since 2014 her responsibilities were extended to overseeing all of TAO Administration’s structured products administration operations. Manuela has over 17 years of progressive experience in accounting, reporting, auditing, taxation, treasury, and management activities with the majority dedicated to financial industry. Over the years, Manuela has acquired a strong background in securitization, Special Purpose Vehicle management, corporate financing, as well as derivative operations.
Manuela is a Chartered Professional Accountant, Certified General Accountant and holds an Honours Bachelor of Commerce degree from Laurentian University.
John Abraham
John is the Chief Operating Officer of TAO Administration and a co-founder of TAO Group Holdings Corp. He joined the company in July 2009 after approximately 5 years with a Toronto based securitization sponsor where he was involved in securitization and deal structuring, execution and program management involving a variety of structures and asset classes, and managed its Structured Finance Execution and Customer Relations Management groups. Prior to that John was a partner at the law firm of Fasken Martineau DuMoulin LLP in Toronto where he had over 20 years experience primarily in asset finance and leasing, securitization, private mergers and acquisitions, banking and restructuring law. John holds an LL.B from Osgoode Hall Law School in Toronto and is a member of the Ontario Bar.