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…and Hires Sales Co-Head

Markit has appointed Shane Akeroyd as executive vice president and co-head of global sales and marketing.

Akeroyd was previously with RBC Capital Markets where he was head of global debt markets distribution and a member of the executive management team. Prior to RBC, he was vice chair of capital markets sales at TD Securities, responsible for European, Asian and Australian sales.

Lance Uggla, CEO of Markit, says Akeroyd’s appointment: "Will allow us to explore new opportunities in the global markets, and develop new relationships with buy-side and sell-side institutions as well as strengthen existing ones."

Markit has been on an expansion and acquisition tear of late, buying SwapsWire, an electronic trade confirmation network for the over-the-counter derivatives markets, and International Index Company, owner of the iTraxx indices and CDS IndexCo, which owns the CDX indices (Squawkbox, 10 December, 2007).

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