Five new partners for Arch Financial Products

London-based asset-managers, Arch Financial Products, last week appointed five new partners to expand its Middle Eastern and Asian operations.

Richard Rhodes has been appointed Arch's new chief financial officer. Previously he held the same position in Merrill Lynch's international banking division.

Rhodes will be joined by ex- Merrill colleague, Guy Haward, who was until recently global head of technology for the forex and rates derivatives group at the Wall Street firm, and who will head up Arch's corporate and technology development.

Gianpaolo Potsios joined Arch from corporate advisory group Europa Partners where he was a partner, and will be responsible for developing the global placement and syndication capabilities of the group.

Alex Hartley, previously a director of Chicago-based broker ODL Securities, where he had responsibility for compliance and anti-money laundering, joins as compliance officer.

Simon King has been appointed head of real estate. Prior to joining the firm, King was managing director of Jersey-based commercial property investment company Lamont Investment Management.