JOB CYCLE

Barclays Capital, the recently restructured investment banking subsidiary of Barclays Bank, has named Roger Davis as chairman and chief executive of its Asia Pacific operations. Davis, who is based in Hong Kong, previously held the same post at the former operation, BZW Asia.

The bank has also named Leigh Bruce as global head of corporate communications. Bruce was previously a spokesperson for Salomon Brothers in Europe.

Peter McCormick has been named as the new chief information officer for Sumitomo Bank. He will be based in New York. McCormick was previously branch manager at West Merchant Bank's New York office. He says his move to Sumitomo was inspired by the bank's "exciting project" to overhaul its mainframe-based systems and replace them with client/server architecture.

City Project Consultants, the London-based banking consultancy and business integration specialist, has hired Daniel Dancygier as a business consultant. Dancygier was previously senior manager of correspondent banking at Banque Nationale de Paris, where his duties included risk management.

International Depository & Clearing (IDC), a jointly owned subsidiary of the US's Depository Trust Company and National Securities Clearing Corporation, has appointed Brian Bollinger as managing director of its London office. Bollinger was previously IDC's managing director for marketing, participant services and sales. He replaces Bill Holdash, who has moved back to New York as IDC's managing director for cross-border depository services.

FNX, the Wayne, Philadelphia-based financial systems vendor, has hired Brian Colgan in the newly created position of director of application development. Colgan will oversee the development of FNX's Sierra System for currency, money markets and forex options trading.

Prior to joining FNX, Colgan spent 12 years at SunGard Capital Markets -- now part of Infinity -- working on development and client support for the Devon interest rate derivatives system.

Inventure, developer of the Fenics forex options system, has hired Philip Tan as a financial services engineer at the vendor's Singapore office. Tan previously worked at rival systems vendor Zainet Software.

Kieran Northime has joined the Tokyo office of Cats Consulting, Cats Software's new consultancy unit (Derivatives & Risk Technology, January 12) as principal in charge of IT consulting for the vendor's Asia business. Prior to joining Cats, Northime worked at Paribas Capital Markets.

New Era of Networks (Neon), the Englewood, Colorado-based middleware vendor, has appointed Trevor Wilkins as business development director for its Europe, Middle East and Africa region. Wilkins joins Neon from S2 Systems International, a subsidiary of Stratus Computer.

John Burton, formerly business development manager at Dow Jones Markets' global platform group, has joined Midas Kapiti International. Sources say Burton's role at Midas Kapiti will involve the vendor's drive into global risk management software.

London-based Burton joined Dow Jones Markets earlier this year after the collapse of MTI Trading Systems, where he was marketing director (Dealing with Technology, April 4, 1997).

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