BarCap relocates Ritossa as Asia-Pacific head of rates

Ivan Ritossa will move from London to Singapore on February 1 as head of rates, Asia-Pacific for Barclays Capital, while retaining his role as global head of foreign exchange.

Ritossa will be responsible for trading across commodities, emerging markets, equities, fixed income, foreign exchange, money markets and prime services in the Asia-Pacific region. He reports locally to Robert Morrice, Asia-Pacific chairman and chief executive, and functionally to Jerry del Missier, co-president of Barclays Capital.

Morrice said: “Asia contains the fastest growing economies in the world. Developing and building our business across this diverse region is therefore fundamental to the global growth plans of the firm. The development of our rates product platform will be key to our continued success in the region, and I am delighted that Ivan will be taking on this role.”

Ritossa was appointed to his London role in February 2002, arriving from US investment bank Lehman Brothers, where he had co-headed global foreign exchange .