UK-based agency brokerage Olivetree Securities has hired industry veteran Martin Lupton to help develop relationships with the firm's institutional buy-side client base. He will start at the firm on 21 September 2010. The move is part of Olivetree's continuing effort to bolster its workforce, with 22 hires at the firm within the last 12 months.
Lupton, who has been retired for four years since his last role at US investment bank Bear Stearns, which was sold to J.P. Morgan in 2008, will have responsibility for expanding Olivetree's reach in the US and Europe and act as a mentor and advisor to the broker's existing distribution team.
At Bear Stearns, Lupton was director of international equities responsible for setting up the firm's UK sales trading presence. He also spent 15 years at UK private bank Kleinwort Benson as global head of equity trading, where he played an important role in developing an electronic brokerage unit and integrated securities business. At Kleinwort, Lupton worked closely with Daryn Kutner, Olivetree's CEO and founder, who also had stints managing Morgan Stanley's US and European equities business.