Markit, a provider of independent data, portfolio valuations and OTC derivatives trade processing, announced on Wednesday it has appointed Shane Akeroyd to its executive team. Akeroyd joined Markit this week as executive vice president and co-head of global sales and marketing.
Markit states that Akeroyd will share responsibility for Markit’s global sales and marketing division with Mike Rushmore, executive vice president. Akeroyd’s capital markets experience complements Rushmore’s knowledge of Markit’s product range, and should allow Markit to increase its distribution capabilities, says the firm.
Akeroyd has previously held positions at RBC Capital Markets and TD Securities.
“With his knowledge and experience of the OTC derivatives markets, Akeroyd is a welcome addition to Markit’s executive team," comments Lance Uggla, CEO, Markit. "His appointment will allow us to explore new opportunities in the global markets, and develop new relationships with buy- and sell-side institutions as well as strengthen existing ones,” he adds.
"Markit’s product offering calls for a sophisticated sales and marketing approach and I look forward to the challenges ahead," comments Shane Akeroyd, executive vice president, co-head of global sales and marketing, Markit.