TRADERS ON THE MOVE: Eagle Names CEO, Rosenblatt Hires Pair, DB Loses Equity Pros

Eagle Investment Systems LLC, a BNY Mellon company, appointed Mal Cullen as its new chief executive officer. He succeeded John Lehner, who will now serve as the firm?s chairman. Cullen, a professional with over 25 years of experience, joined Eagle in 2001 as head of Canadian operations and has most recently served as head of the Americas with responsibility for the operations of Eagle?s North American business for sales, marketing, professional services, support, and product management. Prior to joining Eagle, Mal spent 12 years at Financial Models Company.


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Rosenblatt Securities hired Ryan Grimsley and Mark Rorison as managing directors, as part of its entry into the emerging and frontier markets business. The two have exclusive relationships with leading local brokers Cardinal Stone in Nigeria, Old Mutual in Kenya and Global Investment House in the Middle East and North Africa. The two are charged with adding additional brokers and clients in the aforementioned areas as well as in South Africa and China.

Grimsley will be responsible for sales and trading, including block facilitation, and shares responsibility for broker relationships. His experience is concentrated in emerging and frontier markets, including implementing the first FIX-protocol-based, pan-African trading system. He has worked in as manager of derivatives trading for Cohen Capital Group and a senior trader at Integral Derivatives.

Rorison will be responsible for proprietary research, including at the firm?s daily Africa note. He also shares relationship management duties with Grimsley as well as developing more research offerings for the firm. A veteran with more than 25 years of experience, Rorison previously served as head of research for Egypt?s CI Capital and as an emerging-market bank analyst at Nikko Europe, UBS, HSBC and KBW.

In other news, Don Healy and John Cannon have left their positions as managing directors in Deutsche Bank AG’s equity trading unit, according to a person familiar with the matter.

They were joined in departing Deutsche Bank last week by Rich Dunphy, a director in equities trading, and Andrew Vaccaro, a director in synthetic equity flow swaps, according to the person, who asked not to be named because the information is private.

Healy joined Deutsche Bank in 2005 from Morgan Stanley. Cannon had been with the bank since 2012 after he moved from Credit Suisse Group AG, where he worked for 14 years, according to his profile on LinkedIn.
Healy and Dunphy confirmed they are no longer at Deutsche Bank. The other two officials couldn?t be reached. Renee Calabro, a spokeswoman for Frankfurt-based Deutsche Bank, declined to comment.