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People

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

Mar 10, 2017

  • Lee Foulger, a key member of the financial services policy team at the European Commission, stepped down at the end of the year and joined the U.K. Financial Conduct Authority as head of international relations. He replaced Nick Miller, who moved to head of investment management supervision. Folger worked on financial services policy at the European Commission from 2009 to 2011, then moved to Deutsche Bank as head of securities markets policy. He rejoined the Commission in December 2014 as an aide to Commissioner Jonathan Hill.


  • Eris Exchange hired George Harrington (pictured) to lead the on boarding of providers for clearing, order management and execution, with the goal of making the exchange's swap futures easily available to participants in the OTC swap markets. Harrington was previously head of Bloomberg Global Markets, where he oversaw the development of several trading platforms.


  • Citi promoted several executives in the trading side of its listed derivatives business. Nirav Parikh, based in Singapore, was promoted to global head of listed derivative electronic execution, reporting to Jerome Kemp, the bank's global head of futures, clearing and collateral. Robin Trott, formerly the EMEA head of listed derivatives electronic execution, was promoted to Asia head of listed derivatives electronic execution and has relocated from London to Singapore. Jason Stipe, formerly head of electronic trading product in the London office, was promoted to EMEA head. Both Trott and Stipe report to Parikh.

    Separately, Citi named Ian Nissen interim head of Asia-Pacific futures, collateral and clearing business. He replaced Peter Jaeger, who has left the bank. Nissen reports to David Russell, head of securities services, Asia Pacific.


  • The Federal Reserve Board appointed Andreas Lehnert as director of its division of financial stability. Lehnert, an economist who joined the Fed in 1998, was previously deputy director of the division. He will be responsible for leading the Board's work to assess risks to financial stability and develop policy responses to mitigate those risks. He succeeded Nellie Liang, who is retiring.


  • Cinnober named Patrick Tessier chief operating officer of a newly formed subsidiary that will provide real-time clearing services to banks and brokers. Tessier was most recently global head of futures and OTC clearing operations at Citi. He will be based in London.


  • Montreal Exchange named Julie Rochette as chief regulatory officer. Rochette joined the exchange in 2015 as director of enforcement and legal counsel in the exchange's regulatory division. She took over the role from Brian Gelfand, who in December was appointed chief commercial officer for the Canadian Derivatives Clearing Corporation and the Canadian Depository for Securities.


  • J.P. Morgan named Paul Davidson as head of derivatives clearing for the Americas. He replaced Andres Choussy, who left the bank. Davidson is based in New York and reports to Nick Rustad, global head of clearing. Davidson has been with J.P. Morgan for 17 years, starting with six years on the floor of the CME in Chicago.


  • FIA appointed Myriam Condon (pictured) as vice president of member services and business development. Condon was previously at CurveGlobal, the London Stock Exchange's derivatives platform. Prior to that, she was at Fidessa as a global account director and sales director for futures and options clients.


  • Paul Pantano and Athena Eastwood joined Willkie Farr and Gallagher's Washington office as partners in the firm's commodities and derivatives practice. Pantano and Eastwood, who represent energy companies, commodity and swap dealers, financial institutions and trade associations, were previously partners with Cadwalader Wickersham and Taft.


  • IN MEMORIAM

    Farid Moslehi, a veteran executive at Getco and its successor KCG Holdings, recently passed away. Moslehi served as KCG's head of Asia from July 2013 until July 2016 and as a senior advisor to KCG from August 2016. He joined Getco in 2005 and remained with the firm after it merged with Knight Capital Group to form KCG in July 2013.


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