Dresdner Kleinwort names new head of equity and credit derivatives

Mark Richardson has joined Dresdner Kleinwort in London as head of equity and credit derivatives.

He moves from the hedge fund WMG Limited, where he is a partner. He was formerly head of derivatives at Commerzbank in London. At Dresdner he will report to Jens-Peter Neumann, head of capital markets.

Richardson will replace Matteo Mazzocchi, who has left the bank. A Dresdner spokesman said Mazzocchi had "decided to pursue an opportunity outside investment banking".