AK Jensen Group Limited (AKJ), an independent brokerage serving the institutional and hedge fund space, has appointed Kieren McCormack as the Chief Executive Officer (CEO) of its subsidiary, AK Jensen Limited, per a group statement.
In his new role Mr. McCormack will be replacing Sean Fitzgerad, the acting CEO of the group, who will be relinquishing his role after more than a decade in the position. Mr. McCormack will be based out of London.
Mr. McCormack joins AK Jensen Limited from Credit Suisse, having worked as its Managing Director and Head of Prime Services Sales and Coverage in Europe. During this time, Mr. McCormack served an integral role at the lender, helping drive its success in the prime brokerage space.
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He originally joined Credit Suisse in 1995, holding a series of senior roles with the lender, including such positions as Director of Prime Brokerage, Managing Director & Head of Prime Services Sales and Coverage, among others, according to information made public on his Linkedin profile.
According to AK Jensen’s Chief Executive Officer, Anders Kvamme Jensen, in a statement on the appointment: “McCormack has an impressive 20-year track record in Prime Services and is a significant hire for the business that further underpins our commitment to supporting our clients’ growth.”
“AK Jensen Limited has a truly scalable proposition that enables even the smaller startups to attract sophisticated institutional investors. Leading the highly motivated team and building on the firms’ first-class reputation for innovation and client service is a challenge I am very much looking forward to,” he added.