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April 1, 2014

Instinet Promotes Kellner to CEO

A look at the financial industry's prominent hires, promotions and other notable happenings inside Wall Street's trading community and beyond

By John D'Antona Jr.

Instinet announced Jonathan Kellner, has taken over the chief executive reins from Fumiki Kondo. Kondo has been designated to become head of Nomura Asset Management's overseas client division in Tokyo. Prior to being named chief executive, Kellner served as head of Instinet's Americas businesses. He joined the Nomura Group in 2003 and moved to Instinet in 2007 following Nomura's acquisition of the company. Kellner previously held senior trading and technology positions at Charles Schwab, Investment Technology Group and Morgan Stanley.


If you've gotten a new job or promotion, let us know at onthemove@sourcemedia.com


 

HSBC announced that Renato Naigeborin joined the company as head of equity trading for Latin America. Naigeborin will be based in Brazil, where he will manage the investment bank's suite of Latin America equity products, such as structured equity derivatives, prime and cash. Naigeborin will work with the HSBC sales, asset and structured finance, and global banking teams to develop new products and ultimately bring the bank's global equity offerings to Latin American clients. Before joining HSBC, Naigeborin was a partner at BR Partners, a Brazilian boutique investment bank. He also served as head of equity trading at Citibank Brazil and previously, as head of equity derivatives at Merrill Lynch. He reports to Otavio Mendes, head of global markets for Brazil, and Delfos Machado, head of equity trading for the Americas.


 

Dallas-based agency-only broker Capis hired three people for its newly created wrap trading business. The team is led by ex-Cowen pros Mark Viani, as director of managed accounts solutions, and Robert McHeffey, as a sales executive. Viani, a 28-year pro, most recently worked as managing director in Cowen's electronic products group. McHeffey, also a 28-year veteran, worked alongside Viani as a sales executive. McHeffey most recently was co-director of the electronic products group at Cowen. Capis also hired Jessica Oliveras-Yu as a client service representative. Oliveras-Yu, a 16-year market pro, was also most recently at Cowen, as a vice president in the electronic products group.


 

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 had been 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.