In other People Moves news, ICAP’s EBS BrokerTec gets a chief strategy officer, the SEC promotes for OCIE Director and Fenergo hires for growth.
Deutsche Bank Appoints Head of Corporate & Investment Banking for EMEA
Alasdair Warren, head of CIB, EMEA, Deutsche Bank
Deutsche Bank reports that Alasdair Warren from Goldman Sachs has been named head of corporate and investment banking (CIB) in Europe, the Middle East and Africa (EMEA), effective spring 2016.
CIB itself will be created by combining the corporate finance business in corporate banking and securities (CB&S), and global transaction banking (GTB), effective at the beginning of 2016.
Warren joins Deutsche Bank from Goldman Sachs, where he was a partner and global co-head of the financial sponsors group. He will be based in London and will report to Jeff Urwin, head of corporate and investment banking, officials say.
Warren joined Goldman Sachs as a managing director from Citigroup in 2005 and became a partner in 2008, according to Deutsche Bank.
ICAP’s EBS BrokerTec Names Chief Strategy Officer
Tim Cartledge, CSO, ICAP
EBS BrokerTec, ICAP’s electronic foreign exchange (FX) and fixed income business, reports that Tim Cartledge has been appointed chief strategy officer (CSO).
Cartledge reports to Gil Mandelzis, CEO, and joins both the EBS BrokerTec and ICAP executive management groups.
As CSO, Cartledge “will be responsible for leading and delivering on the strategic direction of EBS BrokerTec, following the successful integration of EBS and BrokerTec in July 2015,” according to a statement.
Cartledge, who will be based in London, was at Barclays Bank from 2004 until his May 2015 resignation.
In his most recent Barclays post, he headed global fixed income currencies and commodities electronic trading, according to the statement, which notes that he also held “various positions as managing director at Barclays Capital where he was responsible for building Barclays’ highly successful electronic FX business. Prior to this Tim held roles at Dresdner Bank, Credit Suisse and Goldman Sachs,” officials say.
“Since combining EBS and BrokerTec under Gil Mandelzis we have made great progress in integrating our products, services and technology,” Michael Spencer, group CEO of ICAP and chairman of EBS BrokerTec, says in the statement. “I look forward to working with Gil and Tim to execute on our strategy of expanding our addressable market.”
SEC Promotes Internally for OCIE Director
Marc Wyatt, OCIE Director, SEC
The SEC reports that Marc Wyatt has been promoted to director of its Office of Compliance Inspections and Examinations (OCIE) and leader of its national exam program.
Wyatt, who has been the office’s acting director since April 2015, following the departure of former director Andrew Bowden, moves up from the OCIE deputy director post.
Wyatt joined the SEC in December 2012 as a senior specialized examiner focused on examinations of advisers to hedge funds and private equity funds, according to a commission statement. “He was named deputy director in October 2014 and in that position he led OCIE’s technology controls program and served as a member of the office’s Operating and Executive Committees,” SEC officials say. “He also was the national co-coordinator of OCIE’s Private Fund Specialized Working Group and participated in the creation of its Private Fund Examination Unit, whose attorneys, accountants, and examiners specialize in examinations of advisers to private funds.”
Before joining the SEC, Wyatt, who is a chartered financial analyst, was a principal and senior portfolio manager of a global multi-strategy hedge fund, according to the SEC. Prior to that, he was a senior investment banker in the U.S. and the U.K.
Fenergo Fills Key Posts to Facilitate Growth
Citing “an exciting phase” of growth toward revenues of $100 million, client lifecycle management vendor Fenergo has appointed a new chief financial officer (CFO), a vice president for EMEA and business development heads for Europe, Middle East and Singapore, officials say.
“We are entering the most exciting phase of Fenergo’s growth so far,” says Marc Murphy, Fenergo CEO in a prepared statement. “It is imperative that Fenergo appoints a senior team that can build on the successes achieved to date and create future sustainable growth.”
The new CFO Eimer McGovern will “overall responsibility for shaping Fenergo’s global financial strategy to capture profitable growth,” officials say. McGovern, who has more than 25 years of experience, joins Fenergo from Openet, a supplier of business support systems to communication service providers, “where she was CFO, growing annual revenue to €100m+ [approximately $107 million].”
Before her post at Openet, McGovern served as finance director of The Electric Paper Company Ltd. (EP) and as CFO of MindLeaders ThirdForce, officials say. A chartered accountant, she has also held various accounting positions at PricewaterhouseCoopers.
In other moves, Edward Sweigart has joined as vice president for EMEA to grow Fenergo’s EMEA division, officials say. Sweigart joins from Jive Software, a provider of communication and collaboration solutions for business, where he was responsible for customer success in EMEA. Sweigart “will help us to further grow our European operations as we seek to serve our expanding European clients with local teams,” Murphy says.
Before Jive Software, Sweigart was director of EMEA and emerging markets for Adobe Global Services and Consulting Director for emerging markets with EMC, with responsibility for expanding emerging markets divisions of these companies, officials say.
Fenergo has also made the following business development appointments in Europe, Middle East and Singapore:
- Russell Taylor has been appointed account director responsible for developing business in London, The Netherlands and Scandinavia. Taylor’s previous sales experience includes working for data companies specializing in know your customer (KYC) and antimony laundering compliance, and has experience serving the buy side;
- Simon Leighton-Porter has been appointed head of business development for the MENA region. He has held senior positions in the wholesale financial sector, including 11 years with Citigroup, and has served on a number of industry committees dealing with international securities regulation and data governance.
- Struan Lloyd has been appointed head of business development, Asia, based in Singapore. Lloyd joins from the DTCC where he was head of trade repository account management. Previously, he worked in senior capacities for Credit Suisse, Morgan Stanley, HSBC and Citigroup.
The vendor has also opened a new office in Tokyo.
“Over the coming months, we will add to the number of locations being served by Fenergo,” Murphy says.
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