Deutsche Bank FX Division Reshuffles
Deutsche Bank’s fixed-income and currencies (FIC) division has undergone a number of internal moves recently, including the promotion of London-based Adam Vos to the role of co-chief operating officer (COO) for the group.
Mark Lewis, head of European FX forwards, stepped into the role of global head of FX forwards which Vos vacated and reports to Kevin Rodgers, global head of foreign exchange.
Working with co-COO Ian Patterson, both report to Zar Amrolia, global co-head of FIC.
Deutsche Bank declined to comment on the moves.
Smith Departs CLS
Jake Smith is leaving his role as head of communications at CLS Group to establish his own business offering brand development and delivery across multiple channels including media relations, sales support, advertising, direct, CRM, events, websites, social media, webinars, animation and video.
Smith joined CLS in April 2012 from ClientKnowledge, he has also worked at JP Morgan, FX Marketspace, HSBC and Citi.
Salas Joins Alfa Forex after LatAm Stint
Pavel Salas has returned to Russia to take on a new role with Alfa Forex following five-years in Latin America.
He joins the FX division of Moscow based Alfa-Bank as vice president, sales and business development having left Mexico-based GKFX in October, where he held the role of executive director for LatAm for nearly two years.
Among his other roles were two years as business development manager for Alpari’s LatAm division, and serving at regional LatAm director for IFC Markets in Ecuador where he opened a school for FX operators.
Ghidoni Leaves Citi
Michele Ghidoni has left his London-based role as global head of FX structuring with Citi group, and will be taking some time out of the industry Profit & Loss understands.
He has not moved to a competitor according to our sources, and there are believed to be no firm plans by Citi to fill the gap he left as present.
Ghidoni worked for Citi for eight years, having joined in 2005 from Dresdner Kleinwort Wasserstein where he served as FX and commodities structure for 4 years.
He had reported to Stephane Knauf, global head of FX services and products.
Citi declined to comment on the move.
HKEx and LME Unveil LME Clear Board
Hong Kong Exchanges and Clearing (HKEx) and the London Metal Exchange (LME) named the first board of LME Clear, the LME's self-clearing platform due to launch in September 2014.
The board comprises five independent non-executive directors: Richard Thornhill, chairman; John Harrison; Marye Humphery; Nat le Roux and Marco Strimer.
In addition there are four executive board members, namely: Trevor Spanner, chief executive of LME Clear; Gerald Greiner, HKEx head of global clearing; Garry Jones, chief executive of the LME and co-head of global markets at HKEx and Romnesh Lamba, HKEx co-head of global markets.
"This is an important day in the development of LME Clear, says Trevor Spanner, CEO of LME Clear. “Strong and robust governance is critical for clearing houses operating in the new regulatory environment. The broad range of experience and skills belonging to our board demonstrates our continued commitment to building a world-class clearing house.”
Cantouris Named as SGX Director, London
Jonathan Cantouris has joined Singapore Exchange as a London-based director from his role as executive director of sales for the prime and investor services division of JP Morgan.
His previous responsibilities included originating new opportunities for the prime and alternative investor services, which covered listed and OTC clearing, prior to which he served as a senior director with Newedge’s EMEA, prime services division.
His appointment is the latest indication of the Asian exchanges increased interest in growing its presence in Europe and the US.
SGX is also reported to be seeking a new London-based chief representative to cover these regions, following the departure David Battle in October after four years with the group.
Numerix Appoints Carley
Numerix has named Tim Carley as its new managing director of EMEA to oversee all direct sales efforts in the region.
According to the provider of cross-asset analytics for derivatives valuations and risk management, Carly will report to Joseph Saporito, executive vice president of global sales.
An industry veteran with over two decade’s experience, he joins from his most recent role as vice president, sales for EMEA at Wolters Kluwer where he managed the sales team for the region.