Omar Selim, formerly head of German fixed-income sales for Credit Suisse First Boston, is to join Barclays Capital.The hire is something of a coup for Barclays. Selim is respected in the German debt markets for his strongclient relationships, and has played a role in pioneering new areas for his customers such as structured credit investment and distressed debt securitisation. A previous employer, Morgan Stanley, was said to have been upset by Selim's move to CSFB, and now CSFB will be challenged to plug the hole in its ranks, which follows the departure of its head of European derivatives sales Guglielmo Sartori di Borgoricco to Barclays in March.
For Barclays, long criticised as being too focused on trading, the hire of Selim and di Borgoricco demonstrates how serious the bank has become about establishing a broad derivatives sales and marketing franchise in Europe. After a period of gardening leave, Selim's new position will be managing director and head of debt capital markets distribution for Germany, Austria and Switzerland. He will report to di Borgoricco, who is now head of European distribution for Barclays.
More on People
Job changes in the derivatives, regulation and risk industry throughout Asia
Hoodless and Madaras among those suspended
Head of retail predicts appeal to conservative Canadian investors
UBS promotes Shane Edwards to head of global equity derivatives
Sign up for Risk.net email alerts
Sponsored video: Tradeweb
Multifonds talks to Custody Risk on being nominated for the Post-Trade Technology Vendor of the Year at the Custody Risk Awards 2014
Sponsored webinar: IBM Risk Analytics
Nominated for two technology awards
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.