SMBC Names LaVorgna Chief Economist
Posted by Colin Lambert. Last updated: September 15, 2022
SMBC Nikko Securities America, part of the SMBC Group, has named Joe LaVorgna as managing director and chief economist.
He was most recently chief economist for the Americas at Natixis, where he oversaw the firm’s economic research effort in the region and managed a team of economists that analysed trends in the equity, fixed income, FX, and commodity markets. While with Natixis, he took a year away to serve at the White House as special assistant to the president and chief economist of the National Economic Council. Prior to Natixis, LaVorgna spent 20 years at Deutsche Bank in the economics team of its global markets business.
“To add someone of Joe’s calibre speaks volumes about our dedication to our clients and to our commitment to hire top talent who broaden our team,” says Yunson Du, head of fixed income sales and trading. “This is one more building block in expanding our foundational expertise and enhancing the scope of services we offer institutional clients. Joe comes to us with solid experience as someone with gravitas when it comes to understanding the economy, macro and micro trends, and economic policy. As we continue to build our Macro Rates product offering, we are excited as Joe will anchor our macro research team, which will be a key component of this business.”