Peter Billington has joined UniCredit in London as head of FX exotic trading, reporting to Nick Gentle, global head of FX derivatives.
Billington previously worked at Commerzbank, most recently as global head of FX flow options. Prior to this he was global head of FX trading and global head of FX options respectively.
He joined Commerzbank in 2008 when it acquired Dresdner Bank and helped to manage the FX merger between the two banks.
At Dresdner, Billington was a senior metals trader. He has also held FX options trading positions at Calyon, Standard Chartered and BNP Paribas.
Gentle replaced Peter Jerrom in January this year when the latter left to join Sigma Broking as the FX desk head.