Trading Places: Echesortu named CEO at Louis Dreyfus Commodities

Louis Dreyfus Commodities announced that Serge Schoen has decided to resign asCEO, effective June 30, 2013. Ciro Echesortu, who has been the company’s COO and head trader since 2009, has been appointed as the new CEO.

The London Metal Exchange announced the appointment of Robin Paine as Chief Technology Officer. Robin was previously the Head of Solutions Delivery at Old Mutual, where he led a global transformation initiative across the Change and Technology functions and was responsible for delivery of all programmes within the Wealth Management division.

Omgeo announced that Jeannie Shanahan has been named its new managing director of governance, risk management and compliance. In this role, she will focus on developing and implementing risk-based compliance programs that support Omgeo’s ongoing commitment to providing services that reduce operational and counterparty risk and promote regulatory compliance.

Nasdaq appointed Tom Wittman as head of its U.S. stock markets, replacing Brad Vopni who left the company. Wittman has been president of Nasdaq OMX PHLX since 2008.

LSE appointed Stephen O’Connor, the new ISDA chairman, and Stuart Lewis, head of risk of Deutsche Bankm as non-executive directors.

The International Securities Exchange (ISE) announced the addition of three new members to its Board of Directors. Patrick Hickey of Optiver US was elected to the Board as a director representing ISE's Competitive Market Makers. Elizabeth Martin of Goldman Sachs & Co. was elected to represent ISE's Electronic Access Members. Slade Winchester of Citigroup, who previously represented ISE's EAMs and CMMs on the Board, was elected to serve as director on behalf of ISE's Primary Market Makers. In addition to these elections, Denis Medvedsek of Knight Capital Group was appointed as CMM Director to fill a vacancy. 

Hanmi Financial Corporation, the holding company for Hanmi Bank, announced that Chong Guk (C. G.) Kum is joining Hanmi and the Bank as their new President and Chief Executive Officer. Mr. Kum's appointment follows the retirement of Jay S. Yoo.

NYX appointed Eric Forest as chairman and CEO of EnterNext, its SME marketplace. Forest previously worked at Oddo Corporate Finance, heading its equity capital markets business, and prior to that worked for Société Générale in its equity capital markets team.

About the Author

Michael McFarlin joined Futures in 2010 after graduating summa cum laude from Trinity International University, where he majored in English/Communication.