Schroders has announced that Peter Harrison has signaled his intention to retire as Group Chief Executive next year. A thorough and extensive search for his successor will now be launched. The Board anticipates an orderly transition during 2025 and Harrison will remain as a director of the Company throughout this period. Harrison joined Schroders in March 2013 and became Group Chief Executive in April 2016. Prior to his current role, he was Global Head of Investment. Before joining Schroders, he was Chairman and CEO of investment boutique RWC Partners. Harrison began his career at Schroders in 1988, and later spent some time at JP Morgan, and as Group Chief Investment Officer of Deutsche Asset Management (now DWS).
Jeffrey Crane has joined Liquidnet as Head of International, Americas where he will be heading up Liquidnet’s international export business, concentrating on U.S. accounts trading international markets, via the platform’s High-touch, Low-touch and block trading capabilities. Prior to joining Liquidnet, Crane was most recently Managing director, Head of Sales at SageTrader, which he joined following a 22-year career at Instinet across a variety of roles, including managing the company’ s export business as the Head of International desk in New York.
BNP Paribas’ Securities Services has appointed John Fox as Head of Market and Financing Services (MFS) for the United States, effective May 1, 2024. Fox joined BNP Paribas in November 2023 as Head of US Agency Lending, a role he will retain in the region. He has over 25 years of experience in financial markets. Before joining BNP Paribas, he was Head of Client Management and Sales, North America for BNY Mellon and before that was with Deutsche Bank as Head of US Client Services.
Clear Street, a New York-based diversified financial services firm, has appointed Ashley DeSimone as the firm’s Chief Marketing Officer (CMO). DeSimone joins Clear Street after a cumulative 14 years at ICR, where she led programs for private and public companies across the Technology, Media, and Telecommunications (TMT) space.
Westwood Holdings Group has announced the addition of Michael Kovacs as a senior solutions portfolio manager on its Managed Investment Solutions Team, based in Chicago office. Kovacs has more than 20 years of investment experience. Previously he served as head of investment technology strategy at Legal & General Investment Management.
Duco has appointed Josh Monroe as Chief Revenue Officer. Based in New York, he brings a wealth of experience to the role and reports directly to Michael Chin, Duco’s Chief Executive Officer. Monroe most recently served as Chief Revenue Officer at Xceptor. Prior to this, he held key leadership positions at Itiviti, FIS, and SunGard. His career also includes time at Morgan Stanley and Point72 Asset Management.
Traydstream has hired Stephan Hufnagl as its new Chief Technology Officer. Hufnagl brings a wealth of experience from his tenure at Microsoft, Google and other engineering companies. In his most recent role at Microsoft, he was responsible for Data, Analytics and AI teams, driving transformation projects utilizing cloud services.
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