Jos Dijsselhof, recently hired chief executive of Swiss stock exchange operator Six Group, is reshuffling his executive team. The changes are effective from April 1.
Marco Menotti will be the new head of payments. He joins from UBS, where he spent more than 15 years. Thomas Zeeb becomes securities and exchanges head. He was previously responsible for the securities services division at Six.
Marc Schluep, who had led the payment services division, becomes head of the cards unit, which deals with merchant acquiring and international card processing, while Christoph Landis moves from Swiss Exchange head to IT head.
Daniel Dahinden will lead the innovation and digital unit, in which Six is consolidating all its innovation activities. Robert Jeanbart and Daniel Schmucki will continue as financial information head and chief financial officer, respectively. Chief risk officer Jochen Dürr also joins the board.
As part of the changes, Robert Bornträger, global head of IT, will leave the company at the end of February.
Michel Planquart has been named global head of client relationship management at interdealer broker TP Icap. Based in London, he reports to Nicolas Breteau, chief executive for global broking. He replaces Laurent Paulhac, who left at the end of 2017.
Planquart was previously regional head of client relationships within Citi’s investor services team, a role he relinquished in June 2017.
JP Morgan has nabbed Deutsche Bank’s chief technology officer for global markets, Jim Adams, to become head of engineering and architecture for corporate and investment banking.
Before his three-year spell at Deutsche Bank, Adams, who remains in New York, worked at Goldman Sachs for 15 years in IT.
Stefano Bellani has taken up a position consulting for Nex Markets’ fixed-income platform, BrokerTec EU. Bellani joined JP Morgan in Milan in 1990 before leading the fixed-income financing desk for Europe and Asia until 2015. His final role at the US bank was global head of trading services for agency securities lending and depositary receipts.
The International Swaps and Derivatives Association has added MetLife’s Jason Manske to its board of directors.
The appointment is part of Isda’s push to increase its representation of insurance companies, it said. Manske is chief hedging officer and head of the global derivatives and liquid markets group at MetLife, one of the US’s largest insurers.
Hassim Dhoda has left Moore Capital Management, where he was senior portfolio manager, to form a new macro fund, Soloda Investment Advisors.
Dhoda had also previously worked at Goldman Sachs, Tudor Investment Corporation and Lehman Brothers.
Ricky Maloney has rejoined Eurex as head of buy-side fixed-income trading and clearing sales. He previously left the German-based exchange in 2016 to move to Old Mutual Global Investors as a business manager in rates trading. His previous role at Eurex was in over-the-counter clearing sales and relationship management.
His new role at Eurex is London-based, reporting to Philip Simons, global head of fixed-income derivatives trading and clearing sales.
Former BlackRock fixed-income executives Adam Grimsley and Michael Wong have set up a cryptocurrency hedge fund, Prime Factor Capital, alongside Nic Niedermowwe, a former derivatives trader at RWE.
Grimsley most recently worked as a senior fixed-income specialist at Legal & General Investment Management, and prior to that he spent eight years at BlackRock as a fixed-income specialist. Wong was previously senior portfolio manager and head of fixed-income asset allocation at BlackRock.
Nomura has appointed Guy Smith as Hong Kong-based head of debt capital markets and acquisition leveraged finance for Asia ex-Japan. Smith reports to John Goff, head of global finance for Asia ex-Japan, according to another internal memo. He joins from taxi app service Grab, where he was head of strategic and corporate finance. He previously worked at Barclays for 20 years.
Nomura has also named Anoop Chaudhry as head of infrastructure and utilities for Asia ex-Japan. He will be based in Hong Kong, reporting to Kenji Teshima, head of investment banking for Asia ex-Japan, according to an internal memo.
Chaudhry previously worked at Barclays, most recently as head of utilities and infrastructure for Asia-Pacific. Past employers include Bank of America Merrill Lynch, Lehman Brothers and Credit Suisse.
Geralyn Endo has joined CBOE Global Markets as director in the global client services team. She moves from Credit Suisse, where she had spent six months. Before that, she was at Bank of America Merrill Lynch for two years, working on platform development for options trading. That followed an 11-year stint at options exchange ISE, according to her LinkedIn profile.
Endo is based in New York and reports to David Gray, who oversees global client services, a spokesperson said.
CBOE has also named Patrick Sexton as general counsel and corporate secretary, effective from March 1. He replaces Joanne Moffic-Silver, who is retiring at the end of February after 37 years at the company.
Sexton is being promoted from the role of deputy general counsel. He will be based in Chicago and will report to Ed Tilly, CEO. Since joining the company in 1997, Sexton has acted as legal, regulatory and compliance counsel.
Kirk Meighan has joined Barclays in New York as a managing director in the industrials group. He reports to John Welsh, co-head of the global industrials group.
Meighan was previously an MD in the industrials team at Atlanta-based investment bank, SunTrust Robinson Humphrey. During his 30-year career, he has worked at Banc of America Securities, Deutsche Bank, Lehman Brothers and Salomon Brothers.
Robert Jackson and Hester Peirce have been sworn in as commissioners of the US Securities and Exchange Commission. The pair were nominated by US president Donald Trump.
Jackson joins the SEC from NYU School of Law, where he was a law professor. Peirce was previously at the Mercatus Center at George Mason University, where she served as a senior research fellow and director of the financial markets working group.
Jackson’s term expires in June 2019, and Peirce’s term lasts until June 2020.
Currency market settlement system CLS has named Angus Scott as head of product and Lisa Danino-Lewis as head of sales for Europe, the Middle East and Africa.
Scott will focus on developing new products across settlement, processing and data. Previously head of product strategy and innovation at Euroclear, Scott will be based in London, leading the product teams in London and New York and reporting to Alan Marquard, chief strategy and development officer.
Danino-Lewis previously worked at vendor Broadway Technology, handling sales across foreign exchange, fixed income and regulatory solutions. Also based in London, she will report to head of sales, Joe Ziccarelli.
The Depository Trust & Clearing Corporation has hired Timothy Lind as managing director of data services.
Lind’s industry experience is in capital markets infrastructure and technology. He previously held positions at Thomson Reuters, most recently as global head of financial regulatory solutions, as well as messaging service Swift and trade-processing firm Omgeo, which is now part of DTCC.
The Commodity Futures Trading Commission has announced Maggie Sklar will become senior counsel to the chairman, Christopher Giancarlo.
Sklar previously served as an associate director in the CFTC’s international affairs office, where she oversaw the regulator’s engagement with international regulatory bodies Iosco and the Financial Stability Board. Prior to joining the CFTC, she represented financial institutions and energy companies within several law firms.
Cryptocurrency market-maker B2C2 has hired Goldman Sachs’ Phillip Gillespie as Japan chief executive. Based in Tokyo, he will report to B2C2 founder Max Boonen.
The position of Japan CEO is a new role as the company launches operations in the country, which it sees as a major growth opportunity.
“The legitimacy of the market is substantially higher here than anywhere else in the world,” says Gillespie. “When you have a situation like that you start attracting not just speculators but also businesses and fintech innovation that want to use crypto not just purely for a speculative bubble. Quite large tech firms are interested in discussing how we can help facilitate their liquidity provision.”
Previously, Gillespie oversaw the G10 forex business for Europe, the Middle East and Africa at Goldman Sachs. He has also worked as a forex voice and systematic trader at Barclays and JP Morgan.
Cryptocurrency trading venue Bcause has elected Karan Rai as its new board chairman, and chosen five new directors.
Rai is founder and chief executive officer of investment advisory firm Asgard Partners and has been affiliated with Bcause since 2013, serving on its board since September 2016.
The new board members are Jerry Chan of SBI Holdings; Scott Early, a retired derivatives lawyer; Ronald Filler, director of the financial services law institute at New York Law School; Thomas Hammond, formerly president of Ice Clear US; and Chris Sikes, co-founder of Bcause.
Peter Blogg has left CME Group to join the European Energy Exchange as a senior manager in agricultural commodities. Blogg will be based in London, reporting to Sascha Siegel, head of agricultural commodities.
EEX has also hired Isabella Kurek-Smith as a senior key account manager in the global commodities team. Kurek-Smith previously worked at LCH. She will be based in London and reports to Thomas Schmitz, head of sales for global commodities.
London Metal Exchange is hiring Robin Martin as head of market development. He is set to take up the new position on March 19, a spokesperson confirmed. His most recent role was at industry body the World Gold Council, as managing director of market infrastructure.
LME, which is owned by Hong Kong’s HKEx, also revealed Paul MacGregor, formerly head of sales, left the firm in January.
The week on Risk.net, May 12-18, 2018Receive this by email