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ON THE MOVE: Schroders Names Bateman Head of Equities

Traders Magazine Online News, January 8, 2019

John D'Antona Jr.

Schroders has appointed its new head of equities as Nicky Richards prepares to step down from the leadership position after four years to take on an advisory role. The asset manager confirmed that Rory Bateman will take on the role as of March next year, while Richards, who previously managed the £173 billion business, becomes a senior advisor. Bateman has been head of the UK and European equities team since 2013, and was formerly a co-manager of the SISF European large cap fund at Schroders, which currently manages more than €45 billion on behalf of clients.

If you have a new job or promotion to report, let me know at jdantona@marketsmedia.com 

OCC reported that John Davidson, currently President and Chief Operating Officer, has been promoted to Chief Executive Officer.  Scot Warren, currently Executive Vice President and Chief Administrative Officer, has been promoted to Executive Vice President and Chief Operating Officer.  Craig Donohue, currently Executive Chairman and Chief Executive Officer, will remain at OCC as Executive Chairman.  These changes will become effective upon receipt of regulatory approval of by-law and rule changes necessary to effectuate this structure.

John Davidson

Davidson joined OCC in 2017 as President and Chief Operating Officer, where he was responsible for OCC’s technology and operations functions.  Davidson came to OCC from Citigroup, where he served in several key leadership roles, including Global Compliance Officer.  He also held senior leadership roles at Morgan Stanley and CME Clearing.

As COO, Warren will report to Davidson.  He will have oversight responsibilities for OCC’s operations, project management, business process optimization functions, finance, business development, and human resources.  Warren joined OCC in 2015 as Executive Vice President of Business and Product Development, where he was responsible for OCC’s business and new products development as well as strategic and corporate planning.  Prior to joining OCC, he held senior leadership roles at CME Group and Goldman Sachs.

ErisX added Matt Trudeau as its Chief Strategy Officer. Trudeau is a veteran in disruptive technology, with his most recent role being CEO at 10x Markets, an advisory company for startups and fintechs with an emphasis on electronic trading, blockchain, and cryptocurrencies.

Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, named CEO Rick Lane as chairman of the company’s board of directors. He succeeds outgoing chairman Harris Brumfield and maintains his responsibilities as chief executive officer. Lane originally joined Trading Technologies in 2010 when TT acquired the company he co-founded, TickIt Trading Systems. He became CTO in 2012 before he was named CEO by Brumfield in 2014.

LSE appointed Donald Robert as a Non-Executive Director of the Board, as of January 1. He will succeed Donald Brydon as Chairman of LSEG after the conclusion of the Annual General Meeting on 1-May-2019.

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