Entries & Exits
Posted by Colin Lambert. Last updated: August 19, 2021
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A summary of the people moves reported as exclusive content in The Full FX weekly newsletter in May.
Rob Collins and Damon Radich are reported to have joined UBS in Sydney. Collins joins from NAB where he has worked for 13 years having transitioned from Bank of New Zealand in Wellington. At NAB he was head of derivatives and forward FX. Radich is joining from BNP Paribas in Singapore where he was head of AUD and NZD trading, prior to which he also worked at BNZ.
Martin Pluves has stepped down as CEO of the FICC Markets Standards Board (FMSB) in London, to pursue other interests. Pluves joined FMSB in November 2019 after 10 years at LCH, where he was last CEO, having also been COO for LCH as well as its ForexClear service.
James Reilly has joined Capitolis as head of equity and total return funding solutions, he is tasked with leading the development and execution of the firm’s structured funding solutions. He joins from State Street where he was CEO of Currenex having joined that firm in 2017 from Cantor Fitzgerald where he was global head of macro sales and trading. Prior to Cantor, Reilly was co-head of FX prime brokerage at Morgan Stanley, having joined that bank from JP Morgan’s FX prime brokerage team.
Durgesh Rao has joined Bank of China in London as a senior salesperson for FX, interest rate and commodity derivatives. Over the past three years Rao has had FX prime brokerage roles at most latterly NatWest Markets and before that HSBC. Prior to HSBC he was a quantitative risk analyst at Deutsche Bank.
Neil Richardson has left Aberdeen Standard Investments in Edinburgh where he was a portfolio manager for the global absolute return fund. He is looking for another role in the industry and prior to his almost 10 years at the newly renamed Abrdn, he worked at Ingis Asset Management, Citi and Threadneedle Asset Management.
Scott Fitzgerald has joined JP Morgan in New York as a vice president in the transactional FX team. He joins from HSBC in New York where he worked in transactional FX, he also has spells at Goldman Sachs and Lloyds Bank in London.
Martin Heraghty has joined Cloud Margin as sales director for the DACH region in Europe, comprising Germany, Austria and Switzerland, and Central Europe. He has spent the last seven years as a sales director at Corvil, prior to which he had spells at Lombard Risk and SunGard.
Stuart Keelan has been named head of Financial Markets for UK and Europe at Standard Chartered. He has been with the bank for just over three years, previously as COO for Financial Markets – west. Keelan joined StanChart in 2018 after an almost 12-year career at Credit Suisse in the fixed income business.
Jens Budde has switched to the European Central Bank from the Deutsche Bundesbank. He has been named as market operations expert at the ECB, having spent almost 10 years at the Bundesbank in the Markets division, most latterly as relationship manager for central bank and reserve management services.
Robert Gomprecht has been named as head of macro electronic execution sales at Wells Fargo in New York. It marks a return to the banking world after a brief spell at BGC Partners as head of algo sales. Prior to BGC, Gomprecht was head of e-commerce sales for the Americas at Standard Chartered, he also has worked in e-FX and prime brokerage roles at Societe Generale, Bank of America Merrill Lynch, and JP Morgan.
David Hastings has joined data provider Finalto on a full time basis – he had been working with the firm in a consulting role for the previous 18 months. An industry veteran, Hastings has been consulting for several years after spells in senior sales and relationship roles at Flextrade, Currenex, and Lava Trading. He moved into the e-world after an extended spot trading career in London.
Edgewater Markets has named Jesse Hadley as director of liquidity and e-FX management, he will be based in London and be responsible for leading the firm’s European e-FX, API and e-trading efforts. Hadley joins from Tokkyo FX (Vienna) where he was global head of liquidity management. Prior to joining that firm, Hadley had spells in the e-FX teams at MUFG and Commerzbank in London
Luke Kolter has joined Euronext’s GateLab in business development. GateLab is a trading infrastructure and connectivity provider, similar to Kolter’s previous roles in the industry, where he has worked at LSEG, SmartTrade Technologies and DealHub/IHS Markit. He also worked for almost eight years at Morgan Stanley, most latterly in e-FX sales.
Michael Serpa has joined 24 Exchange in New York as global head of liquidity management. He joins from Edgewater Markets where he spent almost six years, most latterly as global head of liquidity.
Mélanie Dussarrat has reportedly joined HSBC in Dubai as part of its FX and emerging markets rates team. She was last at CIBC in Toronto, where she spent seven years, most recently in the e-FX trading team.
Hideki Ushida has become a director of the International Swaps and Derivatives Association (ISDA), he is heads of global markets compliance at MUFG Bank in Tokyo, having worked at the firm since joined what was Bank of Tokyo Mitsubishi in 1998. He was elected alongside returning directors at the ISDA AGM last week.
David Wright has been named global head of e-FX at MUFG, he has spent the past 18 months working as a consultant at State Street, prior to which he spent 16 years at Morgan Stanley, most latterly as global head of MSET Macro, the bank’s electronic FICC business. He has also worked in e-FX roles at FXall and UBS.
FX market veteran Dean Lockwood has joined MoneyCorp in FX sales. He has spent almost 40 years at NatWest in corporate FX sales, most latterly as director for large cap companies.
Ken Dickson has reportedly taken up a temporary position in the FX trading team at Aberdeen Standard Investments. It marks a return to the firm, for whom he worked for as Standard Life and Standard Life Aberdeen, for over 15 years, mainly as investment director, currency.
Prior to Standard Life, Dickson worked for Abbey National as a currency overlay manager for almost two years and before that over 12-year in currency strategy at Aviva Investors.
Former Westpac head of financial markets for Europe and the Americas Paul Gover has become a strategic advisor to fixed income trading software provider SoftSolutions. Gover spent 12 years at Westpac, having joined the bank from the role of head of G10 Rates trading for Citi in Sydney.