Commerzbank hires Afaf to head forex options team

Commerzbank Corporates & Markets has hired Nasir Afaf from Rabo Securities as head of foreign exchange options. Afaf was previously Rabo's head of financial engineering in equity derivatives.

He will report to Klaus Hoffman, head of foreign exchange, in Frankfurt, and will be responsible for boosting Commerzbank's position in the FX options markets in Germany and elsewhere in Europe.

Before joining Rabo, Afaf was head of currency options trading at ING Bank.

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