New London-based global head of fixed income for Lehman

Roger Nagioff, who has been appointed global head of fixed income at Lehman Brothers, will become the bank’s first global head to be posted outside the US.

Lehman’s chief executive, Richard Fuld, says the move underscores the global nature of the bank’s business. Nagioff replaces Michael Gelband, who has left to pursue other interests, according to Lehman.

Nagioff was formerly the bank’s chief operating officer for Europe. He has also served as head of European equity trading. He now reports to