12.18.2018

TRADING UP: Merali to Nomura; OCC Promotes Thakkar

12.18.2018

Janus Henderson appointed Michael Ho as its new global head of multi-asset and alternatives from UBS Asset Management. The former chief investment officer of investment solutions at UBS Asset Management in London will join the firm on 14 January next year, with responsibility for Janus Henderson’s global asset allocation, multi-strategy and alternatives teams. Ho will also become a member of the executive committee at Janus Henderson Investors. His appointment is part of Janus Henderson’s push to increase its multi-asset and alternatives activities, according to the firm.

If you have a new job or promotion to report, let me know at jdantona@marketsmedia.com 

eFinancialCareers reported that Nomura has quietly brought hired a former Credit Suisse managing director as its new head of swaps trading. Arif Merali joined Nomura in September as a managing director in charge of GBP swaps trading for the Japanese bank. Before joining Nomura, Merali spent 15 and a half years at Credit Suisse. Prior to that, he was a vice president at Mizuho Capital Markets Corp., where he began his career in 1995 and stayed for seven and a half years.

genesis, the international capital markets software firm, hired Simon McDowell as its new Chief Commercial Officer and Darren Newby as Solutions Director; both will support the firm’s long-term strategy to help the capital markets community innovate at speed. McDowell joins from Fixnetix, a DXC company, where he was regional Head of Sales and Account Management. Previously, he was at Ullink, as Managing Director of Sales and Partner Operations. McDowell brings more than 30 years’ experience working within financial services, software and technology sectors, and a formidable track record of commercial success.

Newby brings 30 years of client-facing experience in financial services and technology, including senior tenures at leading global vendors Thomson Reuters (now Refinitiv) and Fidessa plc. Newby’s most recent role was Director of Connectivity Solutions at Ullink, where he worked with McDowell.

BT announced the appointment of Kevin Brown as managing director of BT Security, where he will be responsible for the company’s physical and cyber security activity around the world. Brown succeeds Mark Hughes, who is stepping down at the end of this year to take up a new position outside of BT. Brown joined BT in 2012, following a 20-year career in law enforcement. In his previous role, he the firm’s engagement with international governments, and managed its relationships with international law enforcement agencies such as Interpol and Europol.

Regal Assets, a leading alternative assets investment company, reported that Tyler Gallagher, its CEO, has joined the Forbes Finance Council, a hand-selected, invitation-only community of world-class founders, CFOs and CEOs in the finance sector. Gallagher was vetted and selected by a review committee based on the depth and diversity of his experience in the alternative assets industry. Criteria for acceptance include a track record of successfully impacting business growth metrics, as well as personal and professional achievements and honors.

Amun AG, a Swiss special purpose company that is a member of the fintech group Amun Technologies Limited (UK), hired Taeyong Lee as Managing Director & Global Head of ETFs and ETPs. Lee joins the Amun team in preparation for a new suite of financial products in the form of exchange traded products (ETPs)* that will be rolled out over the coming months, in addition to the Crypto Basket Index ETP. He has over 20 years’ experience in the exchange-traded products space. Prior to joining Amun, he was President and Global Head of ETFs for Mirae Asset Global Investments, where he led the expansion of its global ETF expansion into 6 countries: Canada (Horizons), US, Colombia, Hong Kong, Korea, and Australia (BetaShares), managing over $30 billion USD assets with almost 280 ETP listings. Prior to Mirae Asset, he also worked at the US ETF company, ProShares, where he was a main developer of the America’s first leveraged and inverse ETFs.

OCC, the equity derivatives clearing organization, announced two new senior leaders who will play key roles as the company transitions to its future risk management and clearing systems.

Vishal Thakkar, formerly First Vice President of Financial Risk Management and Risk Advisory Services, was promoted to Senior Vice President and Head of Enterprise Risk Management. Timothy Dwyer was appointed Senior Vice President of Strategic Systems, a new position at OCC. In his previous OCC role, Thakkar oversaw a transformation roadmap that enhanced OCC’s process effectiveness while meeting stringent regulatory requirements. He also has led Technology and Operations Audits for OCC, assisting in the company’s transformation of its Internal Audit function. Prior to OCC, Thakkar held internal audit and risk management roles for Southern Company Gas, most recently as Director Internal Audit, Corporate/Shared Services and Regulated Operations.

Dwyer comes to OCC from Prudential, where he was Vice President of Product Delivery within the company’s Individual Solutions Group and led the delivery of strategic products and service capabilities. Prior to Prudential, he was at MassMutual Financial Group, most recently as Senior Vice President, Infrastructure, Core Solution Delivery and IT Customer Service. In this role, he was responsible for the solution delivery of all the company’s core enterprise technology assets.

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