Keeping Track of Appointments, Promotions and Other People News in our Industry

Jan 8, 2016

  • The European Securities and Markets Authority elected three members to its management board to replace outgoing members whose terms expired at the end of November. Lourdes Centeno of Spain’s Comisión Nacional del Mercado de Valores and Elisabeth Roegele of Germany’s BaFin will join the board, replacing Kostas Botopoulos of the Hellenic Capital Markets Commission of Greece and Martin Wheatley of the U.K.’s Financial Conduct Authority. Klaus Kumpfmüller of Austria’s Finanzmarktaufsicht was re-elected to another term.

  • In December, Singapore Exchange's new chief executive officer, Loh Boon Chye, announced a new organizational structure designed to integrate sales and product teams, deepen its international presence, and streamline operations and technology. Under the new structure, all equities and fixed income businesses, including listing, trading, post-trading and sales, will be consolidated in a new unit headed by Chew Sutut, previously head of sales and clients. Michael Syn (pictured) will continue to lead the derivatives business, which has been expanded to cover all asset classes as well as derivatives products sales. In addition, Syn will be in charge of the exchange’s energy market subsidiary. Both Syn and Sutut will report to Loh. Muthukrishnan Ramaswami, the exchange’s president, has taken on increased responsibilities overseeing operations and technology as well as market data and connectivity and a newly created "membership and international coverage" unit that consolidates the exchange’s offices in China, Hong Kong, India, Japan and the U.K. Glenn Seah, previously the head of compliance, became head of legal, compliance and company secretary. 

  • Deutsche Börse has put in place a reorganization of its management team. Among the changes, Andreas Preuss, previously the chief executive officer of Eurex, moved to a newly created position as head of IT and operations, data and new asset classes. This newly formed division includes the group’s market data business as well as 360T, the foreign exchange trading platform that Deutsche Börse acquired in 2015, and the European Energy Exchange. In addition, Jeffrey Tessler (pictured), previously the head of the group’s Clearstream settlement and custody businesses, is now in charge of a newly created "clients, products and core markets" division, which combines the derivatives trading and clearing businesses, including International Securities Exchange and Eurex Clearing, and the settlement and custody businesses. Tessler has been with Deutsche Börse since 2004. Carsten Kengeter, the group's chief executive officer, will be directly responsible for a number of functions, including group strategy, mergers and acquisitions, legal, audit, marketing, communications and government relations. 

  • The London Stock Exchange Group appointed Chris Corrado as group chief operating officer and chief information officer. Corrado joined LSE from MSCI, where he was a managing director responsible for technology, data services and program management. He succeeded Antoine Shagoury who stepped down to return to the U.S. In addition, Jonathan Jachym was named head of North America regulatory strategy and government relations, based in Washington, D.C. Jachym was previously executive director, government relations at CME Group.

    LSEG separately appointed Lex Hoogduin as non-executive director and David Nish as independent non-executive director to the exchange operator's board. Hoogduin is chairman of LCH.Clearnet Group Ltd. Nish was most recently chief executive officer of Standard Life.

  • Hong Kong Exchanges and Clearing made several changes to its management structure as part of a plan to consolidate its trading and clearing businesses in Hong Kong, overhaul its technology platforms and refocus its business development initiatives in mainland China. Trevor Spanner (pictured left), previously the chief executive of LME Clear, moved to Hong Kong to assume the role of chief operating officer of HKEx and head of a new division dedicated to platform development. This division will develop new trading and clearing platforms as well as “strategic connectivity projects.” He replaced Henry Ingrouille, who is leaving the exchange group in March. Calvin Tai (pictured right) has taken charge of a newly formed clearing division, which consolidates all of the clearing businesses and clearing risk management in Hong Kong. Roger Lee is heading a newly formed markets division that includes cash trading, derivatives trading, market data and market surveillance and monitoring functions in Hong Kong. Romnesh Lamba, previously head of the global markets division, and Li Gang, previously co-head of the mainland division, are the co-heads of a new market development division. This division is responsible for developing new revenue and product initiatives across all asset classes in mainland China as well as international markets. Adrian Farnham, previously the chief operating officer of LME Clearing, took over from Spanner as chief executive officer of LME Clear. Iain Greig stepped up from his position as the clearinghouse’s chief technology officer to succeed Farnham. 

  • Euronext appointed Paul Humphrey as head of fixed income, rates and foreign exchange strategy. He joined Euronext in January after leaving his post at Thomson Reuters as a business and strategy consultant. Prior to Thomson Reuters, Humphrey was chief executive officer of electronic broking and information at Tullett Prebon. He reports to Lee Hodgkinson, head of markets and global sales. 

  • Thomas Erickson joined Cargill as commodity markets compliance lead, responsible for overseeing derivatives trading compliance activities for Cargill operations worldwide. He previously worked at Bunge, where he was director of legal affairs at Bunge Product Lines. Erickson also serves on the boards of directors of two industry organizations, FIA and Commodity Markets Council. 

  • Cyrus Amir-Mokri (pictured) joined J.P. Morgan as general counsel in the firm’s corporate and investment bank. He was previously a partner at Skadden Arps and prior to that assistant secretary for financial institutions at the Treasury Department and senior counsel to former CFTC Chairman Gary Gensler.


  • KCG Holdings' board of directors appointed Debra Chrapaty, a former chief executive of a technology company, and Alastair Rampell, a partner at a venture capital firm, as independent directors. The company also announced that Daniel Tierney, one of the founders of Getco, stepped down from the board. KCG was formed in 2013 when Getco bought Knight Capital.

  • Wedbush Securities appointed Joe Signorelli (pictured) as managing director and head of its futures clearing business. He succeeded Carl Gilmore, who has transitioned to a private consulting  business. Signorelli has served as managing director of Wedbush Securities and its subsidiary Lime Brokerage since 2011.