Instinet LLC, the US equity execution services arm of the global financial juggernaut, Nomura Group, has announced its latest senior appointment today, adding Mark Govoni as its newest president with immediate effect, according to a recent Nomura Holdings statement.
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In his new role as the President of Instinet, Mr. Govoni will be tasked with culturing and developing the US brokerage’s growth, namely with regard to its client business across the Americas. He steps into the new position having previously garnered a successful stint with Instinet, albeit relegated to US sales.
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Back in 2010, Mr. Govoni was originally appointed as Head of US Program Sales-Trading and Index Analytics. Prior to this position he worked at as the managing director at Nomura Securities International in its US Equity and Global Portfolio Trading division. Furthermore, he also had stops at Merrill Lynch for over eight years across its agency and risk trading operations, with additional emphasis on sales and electronic trading.
According to Jonathan Kellner, Chief Executive Officer (CEO) of Instinet, in a recent statement on the promotion: “Mark has proven his ability to lead our Americas business. His determination to remain ahead of the competition in this constantly evolving environment has played a significant role in our success.”
“Mark has a deep understanding of our clients’ needs and a vision for where the firm can continue to add value in the market. His experience, leadership, and passion for delivering a best in class product to our clients is an important part of our strategy and essential to the future success of Instinet,” he added.
“Instinet has a forty year history of electronic trading excellence and a commitment to providing the best solutions for our clients. This history and dedication leaves us in a strong position to continue serving as a trusted ally to our clients,” reiterated Mr. Govoni.