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

Mar 8, 2017

  • Eurex appointed two industry veterans to senior product development roles. Lee Bartholomew was named head of derivatives product research and development for fixed income. He previously worked at Royal Bank of Canada, where he was responsible for developing the bank’s flow structured rates business. Before, he held senior trading positions in structured rates at Lloyds Banking Group. Zubin Ramdarshan was named head of derivatives product research and development for equity and index products. He previously worked at Cantor Fitzgerald where he was a managing director for the European ETF business. Before that he held senior-level roles at Jefferies, Macquarie Bank and Bear Stearns.

  • DTCC appointed Derek West (pictured) as chief compliance officer for DTCC's European global trade repository business. West was previously senior director of derivatives oversight at the Autorité des marchés financiers in Quebec. DTCC also promoted Ann Shuman to general counsel. Shuman, who joined DTCC in 2014 from CME Group, was previously deputy general counsel. She took over the position from Larry Thompson, who will continue to serve as vice chairman and will lead DTCC's public policy engagement with regulators and lawmakers globally.

  • Citadel hired Scott Johnston as chief operating officer for Citadel Securities, the hedge fund's market making arm. He is expected to move into the role in the spring. Johnston was previously a partner and chief operating officer at Tower Research Capital.

    Virginie Saade joined Citadel in a newly created role as director of government and regulatory policy for Europe. Saade was previously head of EU regulatory affairs and strategy at KCG in London.

  • CME promoted Kim Taylor (pictured) to the newly created role of president, clearing and post-trade services. She reports to CME Chairman and CEO Terry Duffy. Taylor, with a 30-year career at CME, has been serving as president, global operations, technology and risk since 2014. In addition, Julie Winkler was promoted to chief commercial officer, taking the position that was held by Bryan Durkin prior to his promotion to president of CME. Winkler, who also reports to Duffy, has been senior managing director, research and product development at CME since 2014.

  • R.J. O'Brien and Associates promoted Thomas Texier to managing director of its London-based subsidiary. He has been serving as chief operating officer since the Chicago-based parent company acquired the Kyte Group in March 2015. Reporting to Texier will be the following RJO Limited executives: Mark Trafeli, general counsel; Stefan Giemza, director of compliance; Adam Solomons, executive director and chief customer officer; Adrian Marrocco, chief financial officer; John Martin, director of operations; and Devinder Harry, chief information officer.

  • Chi Jingtao, also known as Johnny, was named CEO of Cofco Agri and Cofco International, the international grain trading subsidiaries of China's largest food company. He succeeded Matt Jansen, a former ADM executive who spearheaded the company's transition from being a joint venture between Noble Group and Cofco to full ownership by Cofco. Chi has served as vice president for the past seven years and as general manager of its trading business for the past three years.

  • Michael Kraines was named chief financial officer of Trading Technologies. Prior to joining TT, Kraines spent 25 years as an investment banker in the financial technology sector. He was most recently a managing director at Sandler O'Neill and Partners.

  • National Futures Association, the self-regulatory organization for the U.S. futures industry, appointed Carol Wooding as general counsel and secretary. She takes over these duties from Thomas Sexton, who began serving as NFA's president and CEO in March. Wooding began her legal career in 1991 as an NFA staff attorney and was subsequently promoted to assistant general counsel in 1998 and to associate general counsel in 2010.

  • Hong Kong Exchanges and Clearing appointed Ferheen Mahomed as general counsel. She reports to Charles Li, CEO of HKEX. She will oversee the group's legal functions, including the London Metal Exchange. Mahomed, who holds a degree from Oxford University, was most recently executive vice president of business development at Pacific Century Group. Earlier in her career she worked at Societe Generale for 14 years as Asia Pacific general counsel.

  • Standard Chartered appointed Tracy McDermott, a former official at the U.K. Financial Conduct Authority, as group head of corporate, public and regulatory affairs. Based in London, she will report to Bill Winters, group chief executive, and will join the bank's global management team. McDermott served as the FCA's acting chief executive from September 2015 until June 2016. Prior to this she held a number of senior roles at the FCA, including head of enforcement.