ON THE MOVE: Deutsche Bank Tabs Krings; Čortan to ING

Deutsche Bank appointed Frank Krings as Chief Country Officer (CCO) France and General Manager of the Deutsche Bank AG Paris Branch. Krings is CEO of Deutsche Bank Group for Western Europe and currently Chairman of the Management Board of Deutsche Bank Luxembourg S.A. As CCO France, Krings will assume responsibility for overseeing the Group’s strategy and relationships with regulatory stakeholders in France. During his career, Krings has held various positions on the management, supervisory boards and boards of directors of banks, asset management and investment companies, holding companies, trade associations and chambers of commerce in Europe and Asia.

ING appointed Ljiljana Čortan chief risk officer, effective January 1. She recently served as chief risk officer of HypoVereinsbank – UniCredit Bank (HVB) in Germany. She will succeed Steven van Rijswijk, who was appointed CEO of ING effective 1 July 2020. Čortan (Croatian, 1971) started her career in 1996 at Zagrebacka banka in Croatia, which in 2002 became part of Unicredit Group. At Zagrebacka she held diverse positions in risk management, corporate banking and project/information management. In 2009 she became head of strategy and marketing for corporate and investment banking in the CEE region at Unicredit Bank Austria. From 2014-2017 Ljiljana served as Global Head of Financial Institutions, Banks and Sovereigns and later Head of Group Credit Transactions at Unicredit in Milan. 

Baird, an employee-owned, international wealth management, asset management, investment banking/capital markets and private equity firm, added Humeyra Nicolas as Managing Director and Risk Arbitrage/Event-Driven Sales Trader. She will be based out of the firm’s New York office. She will work alongside the Sales and Trading team to further enhance the firm’s risk arbitrage and event-driven strategies. Most recently, Nicolas served as Head of Event Driven Sales Trading at ICAP, where she managed the risk arbitrage and special situations desk, as well as analyzed fundamental and regulatory aspects of mergers.

Morgan Stanley poached VP-level hedge fund rates salesman Alessandro Caruso from Barclays, eFinancialCareers reported, citing Caruso’s LinkedIn profile. Caruso had been at Barclays since Sept. 2018. Previously, he was a VP in hedge fund rates sales at Societe Generale for four years.  

Capital Institutional Services, a Dallas-based institutional broker-dealer, announced that Ben Jenkins rejoined the firm as a director in the firm’s transition management group. Jenkins comes to CAPIS with 18 years of experience in financial services with a background in trading, operations and project management. Previously, Jenkins was global head of transition management at Northern Trust where he expanded the reach of the product to both EMEA and APAC regions and grew the business to $100 billion in annual transitions. Before Northern Trust, Jenkins spent four years early in his career with CAPIS.

First Derivatives hired Ralph Debbas as Managing Director of its Consulting and Managed Services business in North America. With 20 years’ capital markets experience on both the buy and sell side, Ralph brings a wealth of knowledge operating at the nexus between business and technology. His remit is to further develop FD’s compelling proposition of deep domain experience and technical knowledge, to drive the next stage of growth for the firm in North America. He joins FD from Price Waterhouse Coopers, where he led numerous data and technology transformation projects.

The U.S. Securities and Exchange Commission appointed Renee LaRoche-Morris, Chief Operating Officer, BNY Mellon Investment Management, as a new member of the Asset Management Advisory Committee.  Ms. LaRoche-Morris was appointed following the resignation of Mark Tibergien, who retired from BNY Mellon/Pershing. The Committee was formed to provide the Commission with diverse perspectives on asset management and related advice and recommendations.