Commodities moves: LME CTO leaves, Cogolludo to head Citi commodities, and more
Latest job changes across the industry
Citigroup's commodities head departs for Hong Kong, Goldman commodities franchise head moves to Citadel, and more
The London Metal Exchange’s chief technology officer, John Lee, will leave at the end of March, the LME confirmed.
Lee joined the LME in January 2015 from NYSE Euronext, where he worked as global head of the project management office and IT executive for the clearing business, overseeing clearing technology at NYSE Euronext Liffe and the migration of the Liffe market from LCH to Ice Clear Europe.
The LME credited him with overseeing IT upgrades at the exchange over the last three years, and also with implementing the technology behind its Mifid II and LMEprecious projects. His replacement will be announced shortly.
Citigroup’s Staley makes leap to Hong Kong
Citigroup’s global head of commodities, Stuart Staley (far right), is to move from London to Hong Kong to take up a new role as head of markets and securities services for Asia.
His replacement is José Cogolludo (right), the bank’s head of sales for commodity derivatives. Cogolludo will report to the London head of markets and securities services, Paco Ybarra.
Cogolludo joined Citi in November 2012 from BNP Paribas, where he was global head of commodity derivatives sales from May 2007 – a period that included rapid change in the commodity derivatives business, as institutions reacted to the drying-up of funding and capital in response to the financial crisis, as he told Energy Risk in 2012.
Goldman commodities franchise head makes Citadel move
Will Evans, previously franchise manager of Goldman Sachs’ global commodities business, is leaving for Citadel, where he will take on the role of commodities chief operating officer. Evans will join in April and will report to the head of commodities, Sebastian Barrack, who joined Citadel himself in July last year.
Evans had worked for Goldman Sachs since 2006, in London, Singapore and New York; at Citadel he will be based in Chicago.
Aquila expands in Amsterdam
US investment management firm Aquila Capital has continued its European expansion with the opening of a new Amsterdam office.
The investment manager highlighted the Netherlands’ transition to renewable energy as an important reason for the expansion: it currently manages several renewable energy investment mandates on behalf of institutional investors.
The office will be led by the head of client advisory international, Oldrik Verloop, and the newly-appointed head of the Netherlands, Emke Bus. Bus was previously managing director of environmental, social and governance and infrastructure at GRESB, the Netherlands-based ESG assessment service.
Previously, she worked as a senior portfolio manager at Achmea Investment Management, specialising in infrastructure and private equity.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact info@risk.net to find out more.
You are currently unable to copy this content. Please contact info@risk.net to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@risk.net
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@risk.net
More on People
People: Citi snags Raghavan, SocGen bags Estrada, all change at NYCB, and more
Latest job changes across the industry
Kane to leave Citadel Securities for senior Miax role
Options exchange has been on a four-year acquisition spree
Asia moves: senior hires at Millennium, Citi, SMBC and more
Latest job news from across the industry
Ken Pang set to join Millennium as Asia equities head
Former Credit Suisse markets co-head joins hedge fund’s Hong Kong office
People: Risk shake-up at Santander, JPM juggles markets, and more
Latest job changes across the industry
People: UBS rejigs EQD, risk head departs; Rustad joins buy side, and more
Latest job changes across the industry
Rustad re-emerges at Taula Capital
Former JP Morgan clearing head to help prepare for Q2 fund launch
UBS to lose group banking book risk manager
Senior risk manager of Swiss banks’ combined banking books to leave for new opportunities
Most read
- Top 10 operational risks for 2024
- As FCMs dwindle, regulators fear systemic risk
- Top 10 op risks: AI fears drive cyber risk to record high