People Moves Monday: UBS, RBC Capital Markets and BNY

The past two weeks saw appointments across multi-assets, sales and fixed income trading.   

UBS  

Chris Blackburn has joined Liquidnet as global head of multi-asset, three months after his departure from UBS. He began his new role on 28 April. 
 
During his tenure at UBS, Blackburn served as chief operating officer for the sell-side global cash equities business, and most recently headed up the UBS Execution Hub.  

In the role, he oversaw the development of the Hub, focused on opening up outsourced trading as an option for larger firms as well as holding responsibility for the innovation strategy of the offering. 

Blackburn has also previously served at Morgan Stanley, Jefferies, Lehman Brothers, and Goldman Sachs. 

Speaking to The TRADE about Blackburn’s appointment, Mark Govoni, chief executive of Liquidnet, said: “Trading desks within asset management are increasingly consolidating and evolving into multi-asset models. We’ve been on this journey alongside our clients, steadily expanding into new asset classes and geographies to meet their changing needs. 
 
“We’re pleased to welcome Chris as our global head of multi-asset to help shape and execute our global strategy as we continue to build an institutional multi-asset offering.” 

RBC Capital Markets  

Mark Tinworth has joined RBC Capital Markets as head of sales EMEA, global markets – a newly created role. 

London-based Tinworth most recently served as global head of fixed income trading at UBS, where he oversaw rates and credit trading. 

He will report to Sian Hurrell, head of global sales and relationship management and head of capital markets Europe. 

In the role, Tinworth is set to focus on the strategic initiatives of the global markets offering across the UK, continental Europe and the Middle East. 

Tinworth has more than 25 years of experience across the industry, having served at UBS, Citibank, and Lehman Brothers throughout his career.  

Speaking in an official announcement, Hurrell explained: “Working closely with Christophe Coutte, head of trading, global markets Europe, Mark will help drive alignment between sales and trading, ensuring seamless collaboration across the platform and delivering exceptional outcomes for our clients.  

“[He] will partner with key stakeholders in global sales, senior relationship management, trading, structuring and corporate and investment banking, and work closely with functional partners to build on our existing momentum.” 

 BNY 

 Daniel Ciment has joined BNY as the new Americas head of equities trading and execution, effective 12 May 2025.  

 The new role will see Ciment working out of New York, where he will help to drive forward BNY’s next phase of growth for its equities franchise and expand its execution capabilities.   

 He will report to Rob Lynch, head of fixed income and equities at BNY.  

 Ciment brings extensive industry experience, particularly in electronic equities trading, to his new position, and joins from Elwood Technologies, where he served as president and chief operating officer for two years to December 2023.   

 His previous roles also include other leadership positions such as chief operating officer at IEX Exchange, as well as global head of equities electronic trading at JP Morgan.   

 “We are delighted to welcome Daniel to BNY. His unique blend of expertise will be a game-changer for our electronic equities trading platform as we continue to build out our global franchise,” said Jason Vitale, head of global markets trading at BNY.  

 “His appointment is another significant milestone in our journey to further bolster our equities offering. We are confident that his leadership and innovative approach will drive meaningful growth and enhance our client experience.”

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