The PFM Group, a national provider of independent financial and investment advisory services to state and local governments and a manager of money market mutual funds for municipal entities, their agencies, and non-profit institutions, has hired Leo Karwejna as a managing director and chief compliance officer.

Karwejna comes to PFM from Prudential Real Estate Investors, a subsidiary of Prudential Financial, where he was vice president and chief compliance officer, responsible for global regulatory programs as well as for leading efforts to develop compliance policies and procedures that would effectively manage risks for PREI's institutional and public clients.

Prior to joining Prudential in 2008, Karwejna was a vice president with Deutsche Asset Management, where he was responsible for the establishment of oversight, review and monitoring to ensure compliance with relevant laws, regulations, and corporate policies. From 1998-2006, he was with Rittenhouse Trust and Haverford Financial Services in several roles, serving as chief compliance officer for four years and chief operating officer for three.