WallachBeth hired Thejas Nalval as director, ETF and Portfolio Strategy. Nalval, a 10 year vet, comes from J.P. Morgan where he spent the spent the last six months. Prior to that, Nalval was with Goldman Sachs for nine years as a vice president, in the firm’s macro trading group. At Goldman he focused on block trading of single stocks, programs, ETFs, and synthetics. He also helped clients formulate portfolio strategies and implemented related execution strategies with focus on identifying market dislocations and reducing pricing slippage. He reports to chief executive Michael Wallach.
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Ellyn Coyne joined KCG Group as a senior ETF sales representative. Coyne, a pro with over 20 years of experience in ETFs, equities and futures will help grow the firm’s client base, educate clients about KCG ETF trading capabilities, and marketing to RIAs, asset managers and pension funds. She comes from Cantor Fitzgerald, where she spent the last two years as director of ETF Sales overseeing client relations and sales efforts. She reports to Chris Hempstead, head of ETF sales for KCG in the U.S.
SunGard Financial Systems hired Marianne Brown as its chief operating officer. Brown, a market pro with over 25 years’ experience, came from Omgeo, where spent the last eight years as was president and CEO. Prior to that, she was president at the Securities Industry Automation Corp and served at ADP, Brokerage Services Group, now Broadridge Financial, as a general manager.
Northill Capital, a London-based asset manager, hired Ravi Thakur as head of Americas distribution. Thakur is also charged with opening the firm’s first U.S. office in New York. Thakur will oversee sales targeted at specialist asset managers. He will also be responsible for distribution of Northill investment strategies to U.S.-based institutions and consultants. Thakur joins Northill from Amundi Asset Management USA where he was head of distribution since 2011. Previously, Thakur was with BNY Mellon Asset Management where he was head of its separately managed account business and offshore distribution for BNY Mellon/Dreyfus in New York. Before that, he was country manager for Mellon in Luxembourg.
Bay Crest Partners, an agency-only institutional brokerage, hired Kumaran Vijayakumar in the newly- created role of president. Vijayakumar will focus on helping Bay Crest grow its trading business and develop its trading platform. He also joins William Mulligan and Anthony Riccio, Jr., as a partner in the firm. Vijayakumar joins Bay Crest after leading the build-out of MF Global’s equity derivatives business. Prior to MF Global, he was a managing director and head of volatility trading with primary responsibility for the equity derivatives and convertibles products with Bank of America Securities. He was a principal and index/ETF options trader at Citigroup from 2000 until 2002. From 1996 to 1999, he was an index options trader at Goldman Sachs & Co.
