Lehman adds to EM team

Michel Danechi joins as head of emerging-market equities for Europe, reporting to the co-heads of equities for Europe, Rachid Bouzouba and Philip Lynch, and to the head of emerging markets, Mohammed Grimeh. He was previously head of trading, derivatives and sales trading for eastern Europe, the Middle East and Africa for CAIB International Markets in London.

Debashish Dutta Gupta will be responsible for emerging-market structured credit and hybrid risk trading; he was formerly co-head of emerging markets credit trading for the Asia-Pacific region at Citigroup in Hong Kong.

Also joining from Citigroup is Anthony Nahum, who will take charge of the emerging-market repackaging and derivatives products businesses; he was formerly responsible for asset swaps, repackaging and exotic credit derivatives in London.

Both Gupta and Nahum will report to Soroosh Shambayati, head of fixed-income emerging markets for Europe.