Trading Places: Synergy FX Gets New Head, Banks See Shuffle of Personnel
- Catch up on the latest moves of the previous week from across the financial services industry.
Monday, December 5
Michael Luk, ANZ
Michael Luk, SGX
Singapore Exchange (SGX) saw the appointment of Michael Luk as the new Head of Fixed Income Origination and Sales. Luk is tasked with spearheading the growth of SGX’s fixed income businesses through deeper and broader relationships with market participants. This includes extending SGX regional leadership in bond listings and driving institutional client adoption of OTC trading in the Asian bond market via SGX’s new Bond Pro Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term. He will report to Mr Chew Sutat, SGX Head of Equities & Fixed Income.
Elly Hardwick and Philip Milne, Deutsche Bank
Deutsche Bank has strengthened its innovation team with two new appointments – Elly Hardwick will become Head of Innovation and Philip Milne has been appointed as Chief Technology Officer (CTO) for Innovation. Hardwick is due to join imminently and will lead the bank’s innovation activities as well as managing the Deutsche Bank Labs globally. She will work closely with fintech firms and the bank’s business divisions to drive the adoption of new technology solutions.
Tuesday, December 6
TS Narayanan, Colt Technology Services
Colt Technology Services unveiled its latest senior hire Tuesday, adding TS Narayanan as its newest Vice President and Chief Information Officer (CIO). Mr. Narayanan will be based out of London – he will be reporting directly to Colt’s Chief Technology Officer, Rajiv Datta. As such, he will be tasked with developing the company’s overall technical vision, whilst supporting a number of systems, applications and infrastructure capability to foster support for Colt’s growth and strategic objectives.
Aaron Levine
Aaron Levine, FlexTrade Systems
FlexTrade Systems tapped Aaron Levine as its newest Vice President, OEMS Solutions last week. As its VP, Mr. Levine will help steer the group’s sales and business development, including the deployment of its new OEMS solution, FlexONE. He will be based out of FlexTrade’s headquarters in New York and he joined the group from Bloomberg.
Wednesday, December 7
Daniel Bent
Daniel Bent, Synergy FX
Synergy FX appointed Daniel Bent as its Head of FX. Bent brings with him over 17 years experience in the financial markets both in Australia and the UK, and will be focusing on expanding Synergy FX’s market presence both locally and across the globe. His experience and track record in the derivatives market has covered roles in operations, client services, 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 and sales relationship building.
Winston Tay, ING Bank
ING Bank strengthened its Asian debt syndicate team with the addition of Winston Tay, who recently joined the group. His new role at ING will be as Head of Asian debt syndicate – in this capacity he will work out of Singapore, where he is responsible for all Asia and Australia.
Thursday, December 8
Peter Chan, ANZ
Peter Chan
Last Thursday, Australia and New Zealand Banking Group (ANZ) made a new senior appointment, with its Taiwan operations seeing a shift in leadership. Peter Chan will be succeeding Terry King as the next CEO of ANZ’s Taiwan location, following the latter’s retirement. Mr. King decided to relinquish his role as CEO and retire, ending what has been a career that has spanned 36 years in the banking realm.
Patrick Oerer
Patrick Oerer, Bernstein Bank
Bernstein Bank PLC, an asset manager and provider of global investment research, appointed industry veteran Patrick Oerer as its Executive Director of Sales and Business Development. Mr. Oerer will play an instrumental role in the development of its new FX businesses for the Munich-headquartered group.
Friday, December 9
Edward Cheng Wai-Sun, SFC
Hong Kong’s Securities and Futures Commission (SFC) has appointed Edward Cheng Wai-Sun as its newest non-Executive Director, who will begin his term on January 1, 2017. Mr. Cheng Wai-Sun is currently the acting Deputy Chairman and Chief Executive of Wing Tai Properties Limited, a Hong Kong based property developer and operator of hospitality services and owner of several tailoring factories.
Andre Bonnal, Credit Agricole
Credit Agricole last week announced the latest change to its financial institutional group (FIG) syndicate, promoting Andre Bonnal to the role of Assistant Director within the unit. Mr. Bonnal originally joined Credit Agricole back in 2013, having worked in its FIG syndicate desk in both New York for over two years. In 2014 he moved to London and held a similar role, paving the way for his latest promotion with the group
Monday, December 5
Michael Luk, ANZ
Michael Luk, SGX
Singapore Exchange (SGX) saw the appointment of Michael Luk as the new Head of Fixed Income Origination and Sales. Luk is tasked with spearheading the growth of SGX’s fixed income businesses through deeper and broader relationships with market participants. This includes extending SGX regional leadership in bond listings and driving institutional client adoption of OTC trading in the Asian bond market via SGX’s new Bond Pro Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term. He will report to Mr Chew Sutat, SGX Head of Equities & Fixed Income.
Elly Hardwick and Philip Milne, Deutsche Bank
Deutsche Bank has strengthened its innovation team with two new appointments – Elly Hardwick will become Head of Innovation and Philip Milne has been appointed as Chief Technology Officer (CTO) for Innovation. Hardwick is due to join imminently and will lead the bank’s innovation activities as well as managing the Deutsche Bank Labs globally. She will work closely with fintech firms and the bank’s business divisions to drive the adoption of new technology solutions.
Tuesday, December 6
TS Narayanan, Colt Technology Services
Colt Technology Services unveiled its latest senior hire Tuesday, adding TS Narayanan as its newest Vice President and Chief Information Officer (CIO). Mr. Narayanan will be based out of London – he will be reporting directly to Colt’s Chief Technology Officer, Rajiv Datta. As such, he will be tasked with developing the company’s overall technical vision, whilst supporting a number of systems, applications and infrastructure capability to foster support for Colt’s growth and strategic objectives.
Aaron Levine
Aaron Levine, FlexTrade Systems
FlexTrade Systems tapped Aaron Levine as its newest Vice President, OEMS Solutions last week. As its VP, Mr. Levine will help steer the group’s sales and business development, including the deployment of its new OEMS solution, FlexONE. He will be based out of FlexTrade’s headquarters in New York and he joined the group from Bloomberg.
Wednesday, December 7
Daniel Bent
Daniel Bent, Synergy FX
Synergy FX appointed Daniel Bent as its Head of FX. Bent brings with him over 17 years experience in the financial markets both in Australia and the UK, and will be focusing on expanding Synergy FX’s market presence both locally and across the globe. His experience and track record in the derivatives market has covered roles in operations, client services, 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 and sales relationship building.
Winston Tay, ING Bank
ING Bank strengthened its Asian debt syndicate team with the addition of Winston Tay, who recently joined the group. His new role at ING will be as Head of Asian debt syndicate – in this capacity he will work out of Singapore, where he is responsible for all Asia and Australia.
Thursday, December 8
Peter Chan, ANZ
Peter Chan
Last Thursday, Australia and New Zealand Banking Group (ANZ) made a new senior appointment, with its Taiwan operations seeing a shift in leadership. Peter Chan will be succeeding Terry King as the next CEO of ANZ’s Taiwan location, following the latter’s retirement. Mr. King decided to relinquish his role as CEO and retire, ending what has been a career that has spanned 36 years in the banking realm.
Patrick Oerer
Patrick Oerer, Bernstein Bank
Bernstein Bank PLC, an asset manager and provider of global investment research, appointed industry veteran Patrick Oerer as its Executive Director of Sales and Business Development. Mr. Oerer will play an instrumental role in the development of its new FX businesses for the Munich-headquartered group.
Friday, December 9
Edward Cheng Wai-Sun, SFC
Hong Kong’s Securities and Futures Commission (SFC) has appointed Edward Cheng Wai-Sun as its newest non-Executive Director, who will begin his term on January 1, 2017. Mr. Cheng Wai-Sun is currently the acting Deputy Chairman and Chief Executive of Wing Tai Properties Limited, a Hong Kong based property developer and operator of hospitality services and owner of several tailoring factories.
Andre Bonnal, Credit Agricole
Credit Agricole last week announced the latest change to its financial institutional group (FIG) syndicate, promoting Andre Bonnal to the role of Assistant Director within the unit. Mr. Bonnal originally joined Credit Agricole back in 2013, having worked in its FIG syndicate desk in both New York for over two years. In 2014 he moved to London and held a similar role, paving the way for his latest promotion with the group