Trading Places: Parente named chairman at BM&F

BM&F appointed former Brazilian senior government official Pedro Parente as chairman, replacing Armino Fraga Neto. Parente was previously a chief of staff in former Brazilian President Fernando Henrique Cardoso’s government.

Abu Dhabi Securities Exchange (ADX) appointed Mohammad Al Muhairi to head the Clearing, Settlement and Depository (CSD) department. Al Muhairi has gathered 13 years of experience in the financial sector while working at ADX.

SGX appointed Jenny Chiam as senior vice president of head of securities starting July 1, replacing Nels Friets, who will continue with SGX in an advisory role until September.

Aquis Exchange appointed Mark Spanbroek as non-executive director. The exchange is currently waiting for approval from the Financial Conduct Authority to launch as an MTF, which will operate on a subscription basis and aims to attract high-volume participants.

Markit announced it has strengthened its Markit Securities Finance business with the appointment of Edward Marhefka as managing director and co-head of Markit Securities Finance working alongside David Carruthers.

Eurex Clearing re-shuffled its executive board, and appointed Thomas Book as CEO of Eurex Clearing. Book has been a member of the Board since March 2007. Heike Eckert was appointed as COO, Thomas Laux as Chief Risk Officer, and Eric Müller for Treasury.

Northern Lights Distributors, LLC has appointed Brian Nielsen as CEO and Bill Wostoupal as president, effective immediately. These management changes were adopted as part of the firm’s strategic focus on growth in its sales and distribution platform. 

Omgeo that Edward Hazel of Goldman Sachs, Richard Taggart of State Street’s Investment Management Services (IMS) and Susan Cosgrove of The Depository Trust & Clearing Corporation (DTCC) have joined its Board of Managers.

Nomura appointed Yasuhiro Fujiwara as head of equities for Asia excluding Japan. Fujiwara will be based in Hong Kong, and will also head the bank’s equity derivatives trading for the Asia-Pacific region.

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