Global Custodian Hedge Fund Annual 2018 | Page 8

[ P E O P L E O N T H E M O V E ]
PEOPLE ON THE MOVE
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BNP Paribas Securities Services has hired a 10-year State Street alternatives investments expert to lead global head fund services.
Diarmuid Ryan joins in the new global role and will be responsible for deepening relationships with new and existing clients across Europe, the US and Asia-Pacific.
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Rahul Kanwar, who has led the build-out of SS & C Technologies’ fund administration business over a 12-year period, has been named president and chief operating officer. Kanwar replaces Normand Boulanger, who will take on the role of vice-chairman and be responsible for revenue management and technology innovation.
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Apex Fund Services has hired fund administration veteran Fred Jacobs to a newly created chief revenue officer role as it looks to increase its earnings following a period of acquisitions. Jacobs joins from Fiserv Investment Services where he managed sales, relationship management and client service.
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MUFG Investor Services has tapped two Citco executives for its fund services business in the first major play by its new interim CEO.
David Sarfas joins as global head of private equity with 25 years’ worth of experience, while Oliver Scully will be the new head of EMEA sales.
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JP Morgan has restructured its agency securities financing team with the creation of several new roles throughout the business globally. Securities financing veteran Simon Heath will join the US bank from State Street as head of agency securities financing for Europe, Middle East and Africa( EMEA), as well as George Rennick from Nomura in the same role for North America.
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State Street has hired Geoff Pullen to help develop sales for its European hedge fund and alternatives businesses. The appointment is the latest move for State Street as it looks to build out its alternatives platform, with a specific focus on private equity and real assets.
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Cantor Fitzgerald has bolstered its expanding prime brokerage business with the appointment of a new global head of capital introduction. Emma Sugarman joins the New York-based broker in the newly-created role where she will lead efforts in reaching out to institutional investors.
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Citi has moved its head of rates sales for Europe to North America to lead its prime, futures and securities service( PFSS) business for the region. Cedric Pauwels takes on the role after leading its European sales for G10 rates, credit and SGM for over eight years.
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head of prime consulting has joined a New York-based hedge fund FinTech firm as its new CEO.
Jeremy Siegel has been appointed the chief executive of LUX Fund Technology and Solutions( LUX), where he will oversee the development and expansion of its flagship technology platform, Transcend.
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RBC Investor & Treasury Services( I & TS) has named Citco’ s alternatives head for North America, Kumi Somaskandan, as managing director and head of client operations, Canada.
Somaskandan replaces James Daigle who retired in May after 30 years with RBC.
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Credit Suisse has reshuffled its prime services leadership following the departure of its global head, Indrajit Bardhan. According to an internal memo seen, Paul Galietto will expand his current responsibilities as head of Americas equities to become the new global head of prime services.
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US Bancorp Fund Services has hired a hedge fund sales veteran from JP Morgan to lead sales and marketing.
Dylan Curley joins the fund administrator as global head of business development, where he will lead global sales to long-only, exchange traded funds( ETFs) and alternative investment clients.
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BNP Paribas’ head of international prime services, Matthew
Pinnock has left sparking a leadership reshuffle for the business.
Kieron Smith, the bank’ s current global head of derivatives execution and clearing, will become deputy head of prime services & financing.
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State Street has hired a seasoned FX prime brokerage expert as its new global head of trade services, marking the latest move by a custodian to bolster its foreign exchange capabilities.
Kate Lowe joins State Street in a newly created role from Standard Chartered in London, where she was global head of FX prime brokerage for almost two years.
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Alessandra Tocco, of JP Morgan’ s global capital introduction and hedge fund advisory group, left this summer. Tocco’ s departure follows the loss of JP Morgan’ s European head of capital introduction Melissa Carnathan in September last year. Carnathan recently joined London-based hedge fund Tages Capital as head of business development.
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Citi has hired a partner from Ernst and Young( EY) in Hong Kong to lead its custody and fund services division in Asia Pacific. Julie Kerr joins Citi with over 25 years of experience, most recently as a partner in the financial services, wealth and asset management division at EY.
8 Global Custodian The Hedge Fund Annual 2018