A seasoned inflation trading specialist has been selected to join MUFG EMEA to head up its inflation trading operation, based in London.
Dariush Mirfendereski has been appointed head of inflation trading as part of MUFG’s rates trading team. He will report directly into managing director and co-international head of rates, Faraz Ahmad.
In his new role, he will be responsible for “enhancing overall product capability and expanding MUFG’s financial institutions business with a focus on distributing risk to end users”.
Mirfendereski has an extensive career history in the inflation trading sphere and joins MUFG after most recently heading up the division globally at HSBC for nearly 10 years until 2022.
Previously he spent seven and a half years at UBS Investment Bank as global head of inflation linked trading and eight years at Barclays as head of inflation derivatives trading.
“His track record of leading desks combined with his trading experience across rate cycles adds further depth and expertise to our client offering in EMEA,” said Ahmad in a statement.