Lehman Brothers appoints global head of risk solutions

The group will co-ordinate the bank’s work, advising corporate clients on executing interest rate, foreign exchange, credit hedging and commodity transactions globally. It follows the success of Tilroe’s department at the same job within Europe.

He will report to Larry Wieseneck, Lehman Brothers’ New York-based head of global finance. Wieseneck said risk management advice was now “critical” to the bank’s relationships with corporates, as derivatives and structured finance became increasingly important to them.

Tilroe continues to be based in London and also retains his other role as co-head of European debt capital markets. He joined the bank from Goldman Sachs in 2004, where he worked in European corporate derivatives sales.

See also: Lehman hires Tilroe for European derivatives marketing push