By Andrei Skvarsky.
Otkritie has hired Patrick D’Angelo from U.S. hedge fund Hyerdale Capital as director of equity sales and trading at the New York office of the Russian investment bank.
D’Angelo’s new role means involvement in Otkritie’s planned expansion in the United States, Canada and South America, Luis Saenz, chief executive of Otkritie’s US unit, told EmergingMarkets.me.
D’Angelo was the New York-based head of equity trading at Dresdner Kleinwort Wasserstein before joining Hyerdale.Before coming to Dresdner he managed Asian equity trading at Credit Suisse First Boston. He took the bank from 11th to second place in Asian equity trading among investment banks outside the United States within his first year in the firm.
“His knowledge and skills will help Otkritie to build upon the momentum the firm has achieved thus far, following on a very strong list of new institutional client ‘wins’ in the past two years,” Saenz said.
D’Angelo starts his Otkritie job on November 14.
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