Shelley OConnor will lead the world's largest brokerage. She is taking the place of Doug Ketterer, who will now serve as head of strategy and client management. Eric Heaton will succeed OConnor as head of the private banking group, according to a private memo from Greg Fleming, president of wealth management for Morgan Stanley. OConnor will supervise Morgan Stanleys 16,456 advisers and 649 branches as head of field management. She will also lead the units three geographic regions and private-wealth business.
John Eley was appointed chief executive officer at GoldenSource, a provider of enterprise data management solutions. He is a market veteran with more than 25 years of experience and will assume responsibility for all aspects of GoldenSource's business. Before this appointment, he served as president and chief executive of Pivot and Hotspot FX.
Nick Savona joined Global Maxfin Capital, the Toronto-based investment broker-dealer. Savona, a 23-year veteran, will be on the institutional sales desk and will launch a business handling employee stock option exercises and buybacks for public and private issuers. He has worked at TD Securities, ITG Canada, Northland Capital Partners and Liquidnet, as well as being active in the Securities Traders' Association.
Global head of equity sales Enrico Gaglioti is stepping down from Goldman Sachs after serving there for 16 years to become an advisory director. Goldman Sachs's equities division is run by Paul Russo and Michael Daffey, who were both named to the banks management committee last month. Gaglioti joined Goldman Sachs in 1998 and made partner, the firm's highest rank, four years later. He previously ran portfolio trading and execution services, and led equity sales in North America before being named global head of the business in 2012.
Brown Brothers Harriman named Michael McGovern as managing director and its chief information officer and head of systems. McGovern is a 26-year pro and he'll be responsible for the management and leadership of the firm's technology strategy, application development, and systems infrastructure across all business lines. Before this appointment, McGovern was managing director and global technology head of securities & fund services at Citi Transaction Services.
WallachBeth hired Thejas Nalval to be director, ETF and portfolio strategy. As a 10-year vet, Nalval served at JPMorgan where he served for the last six months. Prior to that, Nalval spent nine years with Goldman Sachs ears as a vice president in the firms macro trading group. At Goldmans he focused on block trading of single stocks, programs, ETFs and synthetics. Nalval reports to chief executive Michael Wallach.
Hutchin Hill Capital has hired Santosh Sateesh away from Barclays to trade options tied to credit derivatives indices for the $1.4 billion hedge fund. Sateesh starts trading for HHC in April and will report to Hang-Bae Lee. Sateesh traded at Lehman Brothers Holdings in 2007 and then hopped over to Barclays in September 2008.
