Trading Places: Executives On the Move

Last week saw a number of moves across retail and institutional venues, including a number of appointments at many familiar groups. As the calendar heads into H2 2016, the number of hires and moves has not decreased - we are looking to see a large degree of turnover in the year.

Yann Garnier, Societe Generale

Societe Generale secured the services of Yann Garnier as its newest Head of Global Markets in the Asia Pacific (APAC) region, following a vacancy at the position that had briefly been open since last week, The hire is the second major move at Societe Generale in as many weeks, following the promotion of Frank Drouet as the group’s Head of Global Markets, who replaced Daniel Fields.

Tuesday, April 26

Jeff Zorek, Saxo Bank

Saxo Bank reported another addition to its executive team, this time expanding its Global Sales team in a bid to help foster its strategic trading landscape and growth – last week, Jeff Zorek joined the multi-asset broker in the newly created role of Chief Operating Officer (COO) of Global Sales.

Daniel Maguire and Paddy Boyle, LCH

LCH unveiled two senior executive additions to its SwapClear and ForexClear services operations, which culminated in the appointments of Daniel Maguire and Paddy Boyle. Mr. Maguire will only step into the role of Global Head of Rates and foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (FX) Derivatives in May.

Rob Fleschler, Seabury Group

Last week, Seabury Group launched Seabury Global Markets (SGM), which will be headed by industry veteran, Rob Fleschler. Mr. Fleschler will operate as SGM’s President and Chief Executive Officer (CEO) and will report to Margaret Chan, CEO of Seabury Asset Management and Global Head of Specialists Funds and Financial Solutions.

Liam Bonfield, Valutrades

Liam Bonfield joined Valutrades last week, following his recent departure from GMO Click Z.com Trade Ltd. He landed at Valutrades as its newest Chief Financial Officer (CFO).

Tuesday, April 27

Ben Pielow, SmartSteam Technologies

SmartStream Technologies made yet another key move this month, this time appointing Ben Pielow as its Sales Director for the UK and Ireland. Mr. Pielow was brought in to help focus on the group’s TLM and reference data utility (RDU) suite, which caters to a wide range of clients across both countries.

Sunay Shah, Axioma

Axioma strengthened its Europe, Middle East, and African (EMEA) operations with the addition of Sunay Shah as its Head of Multi-Asset Class Solutions. He will help guide the development of Axioma’s multi-asset class risk solutions, as well as fostering additional Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term capabilities.

Thursday, April 28

Stacie Fleming and Hannah Randall, Bats

Bats Global Markets shuffled its communications department by swapping two roles from its US and European teams. The two moves were Stacie Fleming moving to London in mid-June to handle all communications-related matters for the company in Europe, and Hannah Randall moving to the company’s Manhattan office to lead with media and related departments while working with Bats’ Kansas City headquarters.

Friday April 29

Daniel Trentacosta, MUFG

MUFG Investor Services announced a senior appointment to its sales team, tapping Daniel Trentacosta as its new Sales Director – in his new role Mr. Trentacosta will aim to help steer business development across North America, whilst focusing on the group’s asset servicing solutions suite, dealing with such channels as hedge funds, private equity and real estate, among others.