WestLB hires two credit directors

WestLB has hired two directors for its cash and derivatives credit desks in London.

John Allum joins to trade cash credit and credit default swaps; he previously traded financial debt at Barclays Capital and Merrill Lynch.

Cristina Cabeza joins to sell credit and structured credit products to Iberian accounts. Before joining WestLB, Cabeza worked at Dresdner Kleinwort, Royal Bank of Canada and HypoVereinsbank.

Allum and Cabeza report to Andrew Sheppard, head of credit trading at WestLB in London

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