Trading Places: Goldman Sachs, Saxo, PGIM, IS Prime, LCH, NEX

16.10

Jenny Knott

Jenny Knott stepped down as CEO of NEX Optimisation and was replaced by COO Ken Pigaga. Ms. Knott remains with the group for a short while to ensure a stable transition. Mr. Pigaga retains his role as Director of the NEX Board.

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Mr. Pigaga originally joined ICAP back in 2006. “Ken has worked closely with Jenny as part of the NEX Transformation programme and is ideally placed to assume the role of CEO of NEX Optimisation," said Michael Spencer, CEO of NEX.

Matteo Cassina

Matteo Cassina, CEO of Saxo Capital Markets, parted ways with the group. Jeff Zorek replaced him as interim CEO. A permanent replacement has been identified and will take over in the role in 2018.

Mr Cassina had been with the company since 2014, when he joined as a board member of Saxo Banque France.

Damla Tuncel

PGIM Fixed Income, the investment management unit of New Jersey-based Prudential Financial, announced a new senior appointment to its team, with Damla Tuncel joining as Fixed Income Portfolio Manager.

Ms. Tuncel joined from Barclays Investment Bank. Prior to joining Barclays in 2012, Ms. Tuncel worked at Credit Agricole CIB.

18.10

Tashen Kandasamy

Goldman Sachs lost one of its most experienced New York traders - Tashen Kandasamy. A Goldman Sachs representative confirmed the fact to Finance Magnates.

After spending almost two decades at the firm, the LSE graduate decided to leave the New York FX trading desk to pursue other opportunities

Daniel Maguire

LCH, the multi-national Clearing House controlled by the London Stock Exchange Group, promoted COO Daniel Maguire to the role of CEO.

Mr. Maguire originally joined LCH back in 1999. He said: “I am honoured by the opportunity to lead LCH Group as its new CEO."

19.10

Ben Li

IS Prime’s Hong Kong office hired Ben Li as its newest Client Services Manager.

Ben joins IS Prime with several years of experience in the financial markets. He earned his degree in investment science from Hong Kong Polytechnic University and is fluent in Mandarin, Cantonese and English.

He said: “IS Prime has ambitious plans in the region so it is a great time to be joining the organisation."