By Andrei Skvarsky. The African Development Bank has announced a series of high-level staff moves made over the past few months, with Marie-Laure Akin-Olugbade appointed senior vice-president of the AfDB among other nominations. Akin-Olugbade, who is Cameroonian, was vice-president for regional development before her new appointment. About half the appointments filled regional roles, according to… Continue Reading
Category Archives: Hires & Fires
Renaissance Capital hires Dmitry Korolev from Gazprom as oil & gas analyst
Russian investment bank Renaissance Capital has hired Dmitry Korolev from Russian state controlled oil and gas giant Gazprom as an oil and gas analyst. Korolev will report to Maxim Orlovsky, chief executive for Russia and the Commonwealth of Independent States, who described oil and gas as one of the bank’s research priorities, Renaissance said in… Continue Reading
Bangladeshi ‘bank for the poor’ Grameen has new chairman, Abdul Hannan Chowdhury
By Andrei Skvarsky. The post of chairman of Grameen Bank, a Bangladeshi state-owned microfinance lender set up as a poverty reduction vehicle four decades ago by Muhammad Yunus, an economist and politician who heads Bangladesh’s current interim government, has passed over to university professor Abdul Hannan Chowdhury. Chowdhury, a professor at the School of Business… Continue Reading
Saudi sovereign wealth fund PIF appoints Fahad Al-Saif as head of investment strategy
Fahad Al-Saif, head of the global capital finance division of Saudi Arabia’s Public Investment Fund, the country’s sovereign wealth fund, has been vested with an additional role as head of PIF’s investment strategy and economic insights division. Al-Saif’s new appointment took immediate effect on July 23, according to a statement from PIF. Continue Reading
Jersey’s Crestbridge makes top hires for compliance, client, HR services
Jersey-based Crestbridge Family Office Services has made top-tier hires for its compliance, client and human resources services. Simon Logan, who has served at Jersey’s financial sector regulator and the island’s tax office, was recruited as head of risk and compliance, according to information on Crestbridge’s website and a statement by the Channel Eye news service.… Continue Reading
Oak Group hires chief operating officer, promotes 11 pct of staff
By Andrei Skvarsky. Channel Islands-based financial services company Oak Group has hired a new chief operating officer and promoted 11 per cent of its staff, about half of them compliance specialists. The work record of David Ainger, the new COO, includes jobs at information technology services companies Logica and Accenture. A statement from Oak credited… Continue Reading
Guernsey Finance appoints rep for northern England
Guernsey Finance, a promotional agency for the financial services industry of Britain’s self-governing dependency of Guernsey, has hired brand marketing specialist Rowan Stone for its newly established position of representative for northern England. Stone will focus on business development and address issues of investment funds, private wealth, insurance and pensions. He “has worked with international… Continue Reading
Macquarie Capital hires ex-Credit Suisse, ex-UBS banker as head of greater China
Macquarie Capital, the advisory and investing arm of financial services group Macquarie, has hired Honggui Li, a former banker at Credit Suisse and UBS, as head of greater China. Li has almost 25 years’ experience of business in greater China, according to a statement from Macquarie, a company headquartered in Sydney. He was head of… Continue Reading
Prop trader The Trading Pit reports two senior departures
By Andrei Skvarsky. Liechtenstein-based financial boutique The Trading Pit, which is part of Estonian private equity fintech Pinorena Capital and specialises in proprietary trading (investing its own capital rather that living off client commissions or fees), has announced top-tier staff departures. Thomas Heyden has resigned as chief executive of The Trading Pit’s Liechtenstein division and… Continue Reading
Optima compliance advisory firm hires ex-SEC official Michele Foldenauer as a director
By Andrei Skvarsky. Financial regulatory compliance advisory firm Optima Partners has hired Michele Foldenauer, a former senior official at the U.S. Securities and Exchange Commission (SEC), as a director. Foldenauer will focus on hedge funds, private equity funds, investment advisers, broker-dealers and global financial services firms, corporate communication company PRNewswire cited Optima as saying. Immediately… Continue Reading
Prop trader The Trading Pit hires Hakam Thalji as head of dealing
Multi-asset proprietary trading firm The Trading Pit has hired Hakam Thalji as head of dealing in the risk department. Thalji has had a financial markets career of more than 20 years, the firm, which is based in Vaduz, Liechtenstein, said in a statement without naming any of his previous jobs. Continue Reading
Permira reports appointments in credit, healthcare units
By Andrei Skvarsky. Investment firm Permira has promoted David Hirschmann and Ariadna Stefanescu to the roles of co-heads of the Permira Credit unit while Jon Serbousek was hired as a senior adviser to Permira’s global healthcare team and Jon Marschmeyer joined the firm’s New York healthcare division as a partner. Hirschmann and Stefanescu will retain… Continue Reading
FX & CFD broker ActivTrades hires Matteo Paganini as chief commercial officer
ActivTrades, a global foreign exchange (FX) and contract-for-differences (CFD) broker, has hired Matteo Paganini as chief commercial officer. In his new role Paganini, who had a series of jobs at brokerages before joining ActivTrades, will, among other things, work to develop new products such as an investor profile account with zero commissions and zero swaps on CFDs… Continue Reading
Shamsa Al-Falasi takes the helm at Citibank’s UAE division
Citi has appointed Shamsa Al-Falasi chief executive of Citibank’s onshore branch in the United Arab Emirates and chief administrative officer for all on- and offshore Citi entities in the UAE, Emirati newspapers The National, Gulf News and Khaleej Times and other sources cited Citi as saying. After joining Citi in 2004, Al-Falasi had postings in… Continue Reading
Candriam to hand over the reins to Vincent Hamelink as current CEO moves to NY Life
By Andrei Skvarsky. The role of CEO of global asset manager Candriam is going to pass to the company’s current investment chief Vincent Hamelink from Naim Abou-Jaoude, who is leaving as chief executive for a senior job at U.S. insurer New York Life, Candriam’s parent firm, in a reshuffle to take effect on May 1.… Continue Reading
France’s Carmignac makes two hires to run merger arbitrage funds
By Andrei Skvarsky. Paris-based asset management firm Carmignac has enlarged its alternative investment team by hiring Fabienne Cretin-Fumeron and Stéphane Dieudonné from Candriam, a subsidiary of U.S. insurance company New York Life, as merger arbitrage managers. Cretin-Fumeron and Dieudonné both have 18-year experience in merger arbitrage, also known as risk arbitrage, a risk avoidance investment… Continue Reading
Balyasny Asset Management promotes seven execs to partner role
Chicago-headquartered global firm Balyasny Asset Management (BAM) has made seven additions to its group of partners. All seven joined BAM between 2013 and 2021, according to a statement from the asset management firm. They are: Mayank Chamadia, a portfolio manager and co-head of BAM’s New York office. Chamadia’s pre-BAM career included jobs with Barclays Capital,… Continue Reading
Prop trader The Trading Pit hires Daniela Egli as CEO
Proprietary trading company The Trading Pit has hired Daniela Egli as its chief executive officer. Egli will be based at The Trading Pit’s business headquarters in Limassol, Cyprus, according to a statement from the company. The firm is formally domiciled in Liechtenstein, where its office is headed by Thomas Heyden. Egli comes to The Trading… Continue Reading
Abu Dhabi Investment Authority hires Michael Steliaros from Goldman Sachs for senior equity portfolio job
The Abu Dhabi Investment Authority (ADIA), the emirate’s sovereign investment fund, has hired Michael Steliaros from Goldman Sachs as global head of equity portfolio engineering and trading in its Core Portfolio Department. At Goldman Sachs, Steliaros was global head of quantitative execution services, which is a research and development division. Previously, he held senior London-… Continue Reading
The Trading Pit hires Periklis Hanna as head of marketing operations
The Trading Pit, a company headquartered in Bavaria and trading in a variety of assets, including futures and cryptocurrencies, has announced it has hired Periklis Hanna as head of marketing operations. The Trading Pit offers facilities for trading in assets such as cryptos, shares, foreign exchange, options, futures for a diversity of commodities and contracts… Continue Reading
Permira Credit hires ex-Carlyle manager Ian Jackson to oversee strategy unit
Global investment firm Permira said Ian Jackson, a former senior manager at financial services corporation Carlyle and Deutsche Bank, has been hired to head Permira Strategic Opportunities (PSO) at Permira Credit, the firm’s credit investment arm. Jackson spent 13 and a half years at The Carlyle Group, which is a multinational company headquartered in Washington,… Continue Reading
Russia’s Sberbank announces restructuring, staff moves
By Andrei Skvarsky. Sberbank, Russia’s largest bank, on February 15 announced plans for structural changes and for a consequent senior staff reshuffle. The changes are due to be completed by June 1, 2022, according to a statement from the bank. Sberbank’s key non-banking business, e-commerce, would be overseen by a holding company to be set… Continue Reading
Russia’s Sberbank confirms Ekaterina Latypova as head of agile
By Andrei Skvarsky. Sberbank, Russia’s biggest lender, has definitively appointed vice-president Ekaterina Latypova as head of agile transformation, a position she has held provisionally since August 2021, and has raised her status to senior vice-president. Latypova joined Sberbank in 2015 as vice-president and head of strategy and development. Since then the bank has approved three… Continue Reading
RenCap announces two hires for Africa team, one hire for London unit
By Andrei Skvarsky. Investment bank Renaissance Capital has announced three hires – two for technology-related research positions in its Africa operation and one for a London-based role of overseeing the firm’s relations with key institutional and retail clients. Yusuf Ibrahim has been hired as an analyst for venture investment in private-sector technology companies in Africa, including… Continue Reading
Julius Baer announces staff moves for Swiss market, makes hires for Moscow investment unit
By Andrei Skvarsky. Swiss bank Julius Baer has announced staff moves in its central management in Switzerland and made hires for its Moscow-based investment consultancy for Russia and the Commonwealth of Independent States (CIS). Gilles Stuck, today’s head of structured finance, will be in charge of the Zurich-headquartered bank’s entire Switzerland business with effect from… Continue Reading
World Bank appoints David Knight lead economist for Russia
The World Bank has appointed David Knight, earlier a senior economist for the international bank and an adviser in the British and Sierra Leonean governments, as the lead economist for Russia with effect from September 1, 2021. Before his current appointment, Knight, who will be based in Moscow, was the World Bank’s senior economist for… Continue Reading
RenCap hires Boris Sinitsyn as global metals and mining analyst
Emerging and frontier markets investment bank Renaissance Capital has hired Boris Sinitsyn from VTB Capital as analyst for metals and mining to cover the firm’s M&M business in all its markets. Sinitsyn will be based in Moscow and report to Daniel Salter, global head of equity strategy and head of research for Eurasia, RenCap said… Continue Reading
Alessandra Galloni appointed Reuters editor-in-chief as Steve Adler is going
Alessandra Galloni has been appointed editor-in-chief of Reuters to replace Steve Adler, who retires at the end of April, Reuters president Michael Friedenberg said in a statement. Galloni, previously global managing editor at Reuters, will oversee 2,500 journalists in 200 locations around the world. Before joining Reuters in 2013 as editor of the Southern Europe… Continue Reading
EM communications firm & investment consultancy hires Anna Vasilenko as CEO, appoints Tom Blackwell chairman
Anna Vasilenko, an ex-head of primary markets at the Moscow Exchange, has been hired as chief executive officer of emerging markets communications firm and investment consultancy EM to replace Tom Blackwell, who is moving to the newly created role as chairman of the EM management board. Before joining the Moscow Exchange, Vasilenko had worked at… Continue Reading