Citi appointed Leo Arduini as interim head of FX, effectively immediately, according to an internal memo seen by The TRADE. Arduini will maintain his current role as chief operating officer of global markets, a position he has held since May 2022. Prior to that, Arduini held the position of EMEA head of markets, serving in the role from 2014. He will work alongside Stuart Stanley, global head of FX, up until his final day at Citi. In April, Citi announced that Stanley would be leaving the firm after nearly two decades. In his 19-year tenure at Citi, Stanley served in a variety of roles including as its head of commodities for the Americas and global head of the division in London. He later became head of markets for Asia in 2018, taking on his most recent role as head of global foreign exchange last year. According to the internal memo seen by The TRADE, the bank is conducting a search for a permanent head of FX, with the expectation to fill the position in the coming weeks.
LedgerEdge appointed Stefano Dallavalle is its new product director and Diederik Van Suchtelen as head of its Amsterdam office and EU sales. Van Suchtelen joined LedgerEdge from boutique trading firm SFI Markets – formerly STX Fixed Income – where he was responsible for the Northern European market. Before that, he held senior positions at ATC Financial Solutions and Wallich & Matthes, where he set up the asset back securities desk. Meanwhile, Dallavalle joined from FlexTrade where he was responsible for its European fixed income EMS strategy. Prior to that, he served at MarketAxess in a variety of senior positions across European credit trading including workflows, automation and price discovery. While at MarketAxess, he also led the delivery of the first cloud-based all-to-all trading protocol at the firm.
State Street Global Markets appointed former employee, Nick Delikaris, as global head of automation, analytics and platform services (AAPS) for financing solutions. Delikaris rejoined the firm from Coinbase, where he most recently served as head of digital finance trading. Prior to that, he spent nine years at State Street, serving as managing director, global head of AAPS – a role he will reprise. Previously, he served as State Street’s global head of algorithmic trading, securities finance. Before joining State Street, Delikaris spent a decade at Goldman Sachs in a variety of roles including vice president, securities lending/credit-repo trading and associate, mortgage trader.
Aviva Investors, Aviva’s global asset management business, appointed Monica Fan-Bradley as head of institutional sales (excluding Asia Pacific) within its global client solutions function. Fan-Bradley will oversee the expansion of Aviva Investors’ sales activities with global institutional investors across its pensions, official institutions, liquidity and consultant teams. In addition, she will be responsible for strategic relationships across the UK, Europe, North America and the Middle East. She joined from UBS Asset Management, where she spent nearly seven years, most recently serving as managing director and head of global consultant relations. Prior to that, she served as director, consultant relations at BNY Mellon.