People: Citi names new global equities co-heads

Guenther rejoins BNP Paribas from Mercuria; Lacour takes helm at HSBC

Murray Roos named as Citi's co-head of global equities

Citi has appointed Murray Roos and Dan Keegan as its new co-heads of global equities. Roos and Keegan replace former global head of equities Derek Bandeen, who is understood to be leaving the US bank.

Roos joined Citi last year as London-based global head of equity and prime finance sales. Prior to that, he spent eight years at Deutsche Bank, most recently as global co-head of prime finance and co-head of European equities.

Keegan joined Citi with its 2007 acquisition of Automated Trading Desk, a South Carolina-based electronic trader, where he was executive vice-president for institutional equities. He previously served as Citi's head of equities for the Americas in New York.

In their new roles, Roos and Keegan will remain based in London and New York, respectively. Both report to Paco Ybarra, Citi's head of global markets.

Meanwhile, Citi has also hired Paul Marchington as Asia-Pacific head of investor services sales, a spokesperson for the US bank has confirmed.

Previously, Marchington had worked at UBS as co-head of equity finance in London. He will be based in Citi's Hong Kong office and will step into the role on August 1. Regionally, he will report to David Russell, Asia-Pacific head of investor services, and Julia Raiskin Asia-Pacific head of G10 rates sales, while also reporting to Alan Pace, head of sales for investor services, and Murray Roos globally.

HSBC's global head of trading, Franck Lacour, has been named head of equities for Europe, the Middle East and Africa (Emea) at the bank.

Lacour is based in London and replaces David Long, who retired last year. He began his new role on May 10 and reports to Patrick George, global head of equities and head of global markets for Emea.

Lacour will continue to serve as global head of trading, a position he has held since joining HSBC in 2010. He previously worked at Barclays, where he was head of Europe and Asia derivatives.

Benno Guenther, former London-based head of structured products and options trading at Mercuria, has rejoined his former employer, BNP Paribas, in a similar role. The French bank confirmed Guenther had joined in April.

Guenther originally worked at BNP Paribas between 2006 and 2007 as an equity derivatives trader in London. He then joined JP Morgan, where he held various positions over the next six years, most recently as head of power and gas structured products and options trading for Europe, the Middle East and Africa.

In 2014, Guenther joined Mercuria when the Switzerland-based commodities trading house acquired JP Morgan's physical commodities business. He quit Mercuria late last year, according to a source familiar with the situation.

Isabelle Bourcier (pictured) has been appointed head of exchange-traded fund and indexed fund activities at BNP Paribas Investment Partners subsidiary Theam in Paris.

Bourcier joined Theam on June 1 and reports to chief executive Denis Panel. She also sits as a member of Theam's executive committee.

Prior to joining the company, Bourcier was head of business development at Ossiam, a subsidiary of Natixis Asset Management, between February 2011 and November 2015. Since then, she has been on gardening leave.

Before joining Ossiam, Bourcier had been global head of exchange-traded fund activities at Lyxor Asset Management, a Societe Generale subsidiary, from 2000 until late 2010. She was also global head of all listed products for Societe Generale from 2006.

Mitsubishi UFJ Securities has hired Krishna Shah in a newly created role as head of asset-backed securities and collateralised loan obligations in London.

Shah started in the role on May 1 and reports to the company's international co-heads of structured products, Alex Pierre and Tricia Hazelwood. Before joining Mitsubishi UFJ Securities, Shah worked at Wells Fargo as senior vice-president of securitised credit.

Imperial Capital, a US-based boutique investment bank, has hired Jonathan Noonan as senior vice-president in its London office. Noonan will focus on commercial mortgage-backed securities and asset-backed securities trading.

Prior to joining Imperial Capital, Noonan worked at Bank of America for nine years, latterly as a director.

Ashley Alder, chief executive of the Securities and Futures Commission of Hong Kong, was named as chair of the board of the Madrid-based International Organization of Securities Commissions (Iosco) on May 12.

Alder, who previously served as vice-chair, succeeds Greg Medcraft, chairman of the Australian Securities and Investments Commission. Medcraft had served in the role since 2013. His tenure featured work by Iosco in areas such as cybercrime, benchmarks, cross-border regulation and central counterparties for over-the-counter derivatives.

Jean-Paul Servais, chairman of the Financial Services and Markets Authority of Belgium, has been chosen to replace Alder as vice-chair of the Iosco board.