Standard Bank takes on structured product marketers

Standard Bank London (SLB) has hired Rupert Boyd from Morgan Stanley and Michele Maffei from JP Morgan Chase for its sales and structured products marketing teams.

The international investment banking arm of The Standard Bank of South Africa, which focuses on emerging markets, appointed Boyd as global head of sales and structuring in the global markets division, which houses the group’s foreign exchange trading, funding activities, interest rate trading, credit trading, equity derivatives and primary markets activities. He was head of Morgan Stanley’s emerging markets sales force before joining SLB.

Maffei, who has been appointed head of structured products marketing for the global markets group, was formerly responsible for JP Morgan Chase’s emerging markets derivatives marketing, and prior to this was head of the bank’s emerging markets local currency trading in Europe.