There were new faces inside the offices and on the floor at KCG, IEX and Loop Capital. Other powerhouse investment firms also saw a bevy of new hires and promotions as the temperatures warmed up. Traders presents the latest people moves for the month of May 2016.
Hank Minchin joins the sales trading team at KCG. Prior to this, he was a Managing Director of Institutional Equity Sales Trading at Credit Suisse and served on its U.S. Equity Operating Committee. During his tenure at the Swiss investment bank, Minchin managed teams across multiple platforms and product verticals including Research, Capital Markets, Algorithmic Trading, Middle Markets, Derivatives, Prime Brokerage and Delta One.
Ronan Ryan, who is the former Chief Strategy Officer of IEX, will assume the role of President at IEX. Ryan reports to CEO Brad Katsuyama and will continue to oversee Sales, Listings, Market Policy, Analytics and New Business Initiatives.
IEX, the buyside-owned Alternative Trading System (ATS), has named Eric Stockland as its new Chief Strategy Officer. He replaces longtime IEX employee Ronan Ryan who will now serve as the aspiring stock exchanges president.
As the new Chief Strategy Officer, Stockland will be responsible for representing IEX in industry and regulatory policy discussions, guiding product strategy, and serving on several internal management committees. Previously, he served at KCG.
Loop Capital has added James Toland, a former managing Director and head of consultant relations at State Street, and Kevin Byrne (pictured), a former vice president and head of special equities at Fidelity Investments to the brokerages transition management division.
The global investment bank, brokerage and advisory firm claims that it has seen significant growth within its transition management business with over $10 billion in assets transitioned in 2015 alone.
In their new roles, Toland and Byrne will both serve as Senior Vice Presidents and will be responsible for servicing the firms corporate pension and consultant relationships, providing guidance and insight in developing cost effective implementation strategies.
