Agency broker Execution Ltd has made five hires in its fixed income division, which launched in July this year.
Olivier Dega will run French sales from a new office in Paris. Dega has 12 years’ experience in fixed income sales and covered French accounts at Credit Suisse.
Michael Leonard will start as a sterling specialist, covering UK asset managers, insurance companies and pension funds. Leonard was a sterling credit market-maker at JP Morgan and Deutsche Bank before joining Credit Suisse Asset Management as a sterling portfolio manager.
Karolina Kalkantara joins as a product specialist with over 10 years’ experience in the asset-backed markets. She has worked at Deutsche Bank, WestLB and Calyon, where she was a consultant on the structured credit trading desk. In her new position, Kalkantara will cover Greek and Cypriot accounts on all asset classes.
Jaren Yeo comes to Execution from Citi, where she latterly traded asset-backed securities. Prior to this she was a correlation trader. Also joining is Toby Rackliff, who was a money-market fund manager with ABN Amro. Rackliff will focus on money market credit sales.
The hires bring the total number in the division to 14, which is expected to grow to 25 by the first quarter of 2010.
More on People
Bank veterans Bristow and Pluta promoted to global co-heads, reporting to Rohrbaugh
US firm recruits externally as it looks to boost savings business
US bank parts company with 15-year veteran who moves to the buy side
Chris Leone and Dushyant Chadha replace Paul Galietto
Loomis Sayles vice-chairman discusses the US credit markets
The US has recovered from recession but still faces an enormous debt burden. The onus is now on companies to pick up the slack in the economy and keep bonds buoyant
The head of European credit portfolio management at Pimco talks to Credit's Alex Monro about the ongoing Eurozone crisis, and the likely investment themes for 2011.
The European securitisation markets were among the hardest hit by the financial crisis: large losses on a range of securitised products led to a drop-off in investor demand, while prohibitive spreads made...
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.