Cameron ousted in ABN Amro reshuffle

Niall Cameron, previously head of traded markets at ABN Amro in London, has left his post as part of a reshuffle by the head of global markets, Gary Page.

Cameron's post has been abolished: his two subordinates, equity head Frank McKirgan and financial markets head John Nelson, will now report directly to Page. Cameron is "in consultation" with the bank about his future plans, an ABN Amro spokesman said.

The bank has also combined its fixed-income and structured lending teams into a single structured finance origination team. The former head of fixed-income origination, Mike Nawas, will run the merged team and report directly to Page. Martyn Powell remains head of structured lending and will report to Nawas.

ABN Amro said the moves will not affect headcount or the way the bank does business, but were intended solely to improve productivity by removing a layer of management.