Trading Places: Who's the New Head of Australia's Fed?

The past week featured a number of moves across the industry, including some familiar faces changing roles and venues as hiring looks to continue into H2 2016.

Tuesday, May 3

Andrew Savvides, OptionsRally

Andrew Savvides, formerly Head of Global Sales and Business Development for FX Primus, landed at OptionRally last Monday to take on a new role as Group Head of Sales after departing from his last position with FX Primus at the end of February.

Kenneth Kok, HKEx

Hong Kong Exchanges and Clearing Clearing Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Read this Term Limited (HKEx) secured the services of veteran equities specialist Kenneth Kok, who joined the group as a Managing Director, last week. Mr. Kok will officially hold the role of Managing Director, Head of Cash Trading.

Wednesday, May 4

Peter Jerrom and John Burt, R.J. O’Brien & Associates

R.J. O’Brien & Associates made two senior hires last Wednesday in its UK-based affiliate R.J. O’Brien Europe Limited (RJO Europe). Peter Jerrom and John Burt were both added as the group’s newest Senior Vice Presidents (SVP), Listed FX Brokers. Both individuals will be based out of London, having each worked previously as the Co-Heads of Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term-Traded FX at Sigma Broking LTD in London.

Richard Garnier, Green Key Technologies

GreenKey Technologies brought in Richard Garnier as its Chief Revenue Officer (CRO) last week and will be based out of GreenKey’s London office. He will help oversee the group’s global sales, service, marketing and strategic partnership initiatives.

Thursday, May 5

Leila Mayet and Jeanine Cerligione, Convergex

Back on Thursday, Convergex augmented its European electronic sales team, bringing in Leila Mayet and Jeanine Cerligione as London-based Vice Presidents (VPs) – both women have since been tasked with helping focus on the group’s regional clientele.

Jiang Jianqing, ICBC

Last week, Jiang Jianqing, the longtime Chairman of Industrial and Commercial Bank of China Ltd (ICBC), announced his decision to retire, heralding a key change in personnel and an upcoming vacancy at one of the country’s largest lenders. Mr. Jianqing had been the de-facto head of ICBC for the past sixteen years, having originally stepped into the role in 2000.

Philip Lowe, RBA

Followers of Australian monetary policy were introduced to the next Governor of the Reserve Bank of Australia (RBA), with Philip Lowe replacing Glenn Stevens. Mr. Lowe will step into his new role as the RBA Governor on September 18, which will mark the beginning of a seven-year term for the former deputy governor. He has been active in this role since 2012, holding a number of other key roles with the group, which includes heading many of the RBA’s analytical departments, part of a three-decade long tenure with the RBA.

Friday, May 6

Amar Vadher, Jonathan Ang, and Ben Li Wong, R5

Last Friday, R5 unveiled a series of changes in its executive personnel across its London and Singapore offices – Amar Vadher, Jonathan Ang, and Ben Li Wong all joined the venue in a variety of roles, ranging from technology to business development.

Andrew Baddeley, Tullett Prebon

Tullett Prebon plc appointed Andrew Baddeley as Chief Financial Officer (CFO), which also saw him joining the group’s Board as an Executive Director – he will officially start his tenure only on May 13th, while his appointment as an executive officer is with immediate effect. Mr. Baddeley steps into the new role with nearly three decades of experience in financial services within the UK and internationally.

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