Rob Karofsky has been named President UBS Americas and Co-President Global Wealth Management. He successfully led the UBS Investment Bank as Co-President since 2018 and as President since 2021. George Athanasopoulos and Marco Valla have become Co-Presidents of the Investment Bank and join UBS Group Executive Board (GEB). In addition, Damian Vogel to succeed Christian Bluhm as Group Chief Risk Officer and join GEB. Finally, Stefan Seiler, Head Group Human Resources and Corporate Services, to expand remit to include Group Communications and Branding.
LMAX Group, an operator of institutional exchanges for FX and digital assets trading, has appointed Chris Knight to the role of Managing Director. He will be relocating from Sydney to London and will take up the role over the summer. Knight is an experienced financial markets professional having spent over 30 years in capital markets and FX and brings with him an extensive global network of institutional client and industry relationships. His distinguished career includes serving eight years as APAC Head of Distribution and Liquidity Optimisation at XTX Markets and over ten years at Standard Chartered Bank.
State Street Corporation has appointed Taryn Siglain to head of Financing Solutions. Siglain joined State Street in early 2023 as Global Head of Prime Services. Prior to joining State Street, she spent 15 years at Morgan Stanley, most recently as Head of Americas Secured Funding Trading and Collateral Optimization.
Northern Trust has appointed Chandra Dhandapani to its Board of Directors. Dhandapani is currently a senior advisor at CBRE Group. She previously served as Chief Executive Officer of the firm’s Global Workplace Solutions (GWS) business segment. Before joining CBRE, Dhandapani was a senior technology executive at Capital One Financial where she spent 17 years in various roles in technology, marketing & analytics, and operations.
ISITC, the industry trade organization connecting global financial services experts, has formed a new Executive Leadership Committee (ELC). The inaugural members include: Erica Borghi, former ISITC Chair of the Board and currently Partner at EMR Consulting Partners; Jason Brasile, Vice President in the Product Management group at State Street; Jocelyn Flaherty, Director of Business Event Marketing for DTCC; and Lisa Iagatta, Director of Operations at WisdomTree.
Anne Pointet will become BNP Paribas’ Head of Company Engagement on July 1 2024, succeeding Antoine Sire. Elise Hermant, Head of Communications at BNP Paribas, will also join the Executive Committee, now reporting directly to the General Management.
Citadel Securities has announced that that Jim Esposito, a former cohead of the global banking and capital markets group at Goldman Sachs, is set to join the company as president in September, according to Business Insider.
The Board of the International Organization of Securities Commissions (IOSCO) has re-elected CFTC Chairman Rostin Behnam as a Vice Chair for the term 2024-2026, a role to which he was originally elected in October 2022.
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