Keeping you informed with the
latest industry news
PEOPLE MOVES
The chief executive at JO Hambro Capital Man-
agement, Ken Lambden, has departed the com-
pany less than two years into the role.
Emilio Gonzalez, the chief executive officer at Pendal
Group, JO Hambro’s Australian parent company, will serve
as acting CEO until a replacement has been found. Gonza-
lez will temporarily relocate from Sydney to London for the
role as the search a permanent replacement takes place.
The Investment Association has promoted one its se-
nior regulatory specialists to head of European affairs as
the body prepares to establish a new office in Brussels.
In the newly created role, Johannes Woelfing will act
as the group’s main representative in Brussels work-
ing on policy with regards to the European Union.
ommended that shareholders and warrant
holders accept the offer.
“I really believe in the strategic logic of
combining Cinnober and Nasdaq’s Market
Technology business also as it reinforces
the strong technology foundation in Swe-
den,” said Nils-Robert Persson, co-founder
and chairman of the board of directors of
Cinnober. “As the largest shareholder of
Cinnober, I am supportive of the offer and
intend to accept the offer.”
The deal is the latest in a series of acqui-
sitions so far this year, with market vendor
consolidation showing no signs of slowing
down.
In July, State Street announced it is to ac-
quire investment management front office
service provider Charles River Develop-
ment in a landmark $2.6 billion deal, which
was swiftly followed by US technology
giant SS&C announcing a similar deal for
Eze Software for $1.45 billion.
The biggest deal of the year in the
exchange space came in March, when US
futures exchange operator CME and UK
FinTech powerhouse NEX Group reached
an agreement which will see CME acquire
NEX for £3.9 billion.
BNY Mellon has appointed a head of digital in a
newly-created role as the bank seeks to build a
global team focusing on technologies, such as ma-
chine learning and artificial intelligence.
Roman Regelman joined BNY Mellon in mid-September as a
senior executive vice president and head of digital, respon-
sible for setting the direction of the bank’s digital future.
Miles Kumaresan, head of trading and FinTech at Nordea
Asset Management, is to leave the firm after two years.
Kumaresan will turn his attention to establishing a
new start-up, Wave Labs, which will develop technol-
ogy to assist traders in the corporate bond space.
Citi has made several key appointments to its ex-
change-traded fund (ETF) business from rival institutions.
In Asia Pacific, Citi has hired Antoine de Saint Vaulry
as head of delta one ETF trading based in Hong Kong,
tasked with growing the ETF business in the region.
Also joining the delta one trading team in APAC is Pierre
Thiriet. In Europe, former ETF trader at BNP Paribas,
Arthur Laporte, has joined Citi’s delta one trading desk.
Issue 57 // TheTradeNews.com // 7