Citi’s former co-head of equities, Murray Roos, will join the London Stock Exchange Group (LSEG) as group director of capital markets overseeing the business across primary and secondary markets.
The news comes a day after The TRADE reported Roos was leaving the banking giant. Roos’ departure was confirmed via an internal memo, which stated that he was pursuing an opportunity outside of the investment bank. He was co-head of equities alongside Dan Keegan, having joined Citi from Deutsche Bank in 2015.
News of the new appointment also follows the planned departure of Raffaele Jerusalmi from LSEG. The exchange operator confirmed in April that Jerusalmi would step down from the role but continue to lead Borsa Italiana in his current role as CEO. He will continue as group director of capital markets at LSEG until Roos joins on 1 April.
“Murray Roos brings to the group deep experience in capital markets in both developed and emerging markets,” said David Schwimmer, CEO of LSEG. “He brings a global understanding of the capital markets lifecycle across asset classes from pre-trade through to trading execution and post-trade.”
Roos joins LSEG as the exchange operator prepares to finalise its acquisition of data and analytics provider Refinitiv for $27 billion. Ahead of the closure of the deal, LSEG has also been making changes to its services with a focus on streamlining trading and clearing.
Various changes to the senior management team have also been made, including group COO and CIO, Chris Corrado, who is due to depart in the first quarter this year. He will be replaced as COO by chief integration officer, David Shalders, and as CIO by Anthony McCarthy, who is chief information officer for LSEG’s clearing house LCH.