Tim Cartledge has been appointed global head of FX and head of product at EBS BrokerTec, amid a broader shift in the companies’ internal structure for its FX business.
In his new role Cartledge, who was chief strategy officer at the firm prior to this announcement, will be responsible for EBS BrokerTec’s FX business strategy and overseeing the EBS Product group.
As part of the new structure Jim Iorio has been made global head of sales and head of FX Americas, and will be responsible for the EBS Sales group and overseeing regional business activity for EBS in the Americas.
Darryl Hooker has been appointed as global head of metals and spot and head of FX EMEA. In this role he will be tasked with running the trading execution and prime and credit management groups. Hooker will also oversee regional business activity for EBS in EMEA.
Jeff Ward is now the global head of NDFs and forwards and head of FX Asia. He will be responsible for the emerging markets, forwards and liquidity management groups. Ward will also oversee regional business activity for EBS in the Asia region
EBS BrokerTec says in a statement issued today that the new structure, which is effective immediately, “presents EBS as a service-driven business focused on what customers need, rather than operating in product specific teams”.
Seth Johnson, CEO of EBS BrokerTec, comments: “This new internal structure for EBS is a significant milestone in our ongoing initiative to clarify and solidify our relationships with our customers. The new structure of these teams moves us away from being a product-oriented organisation, and instead results in EBS becoming a service-driven business, focused on what our customers need. This is undoubtedly an exciting time for EBS BrokerTec and I firmly believe our new structure enables us to maximise the advantages we hold in our leading position servicing the FX markets.”