People Moves Monday: Weekly round up

The past week saw appointments from Coinbase, Citi, UBS, Tradeweb, the SEC and Newton Investment Management Group.

Digital asset exchange Coinbase appointed sell-side equities veteran, Tommy Doyle, to lead the firm’s efforts in hedge fund sales for EMEA. He joined the exchange from Goldman Sachs where he served for over two and a half years in an equities focused role. Before Goldman Sachs, Doyle also also spent six years at Citi and 10 years at Bank of America Merrill Lynch in equities and prime brokerage focused roles.

Citi appointed Simon Jones as its new head of credit markets trading for Europe, the Middle East and Africa, according to an internal memo seen by The TRADE. Jones will take the lead in credit markets trading for the region, as well as continuing in his current role as head of global spread products (GSP) and financing and securitisation. Jones assumes the role after serving with Citi since 2004 across several securitised markets trading roles including as its co-head of its special situations trading group. He took up his most recent role as head of GSP financing and securitisation in 2017.

UBS appointed Naureen Hassan as president of Americas and chief executive of UBS Americas Holding, succeeding Tom Naratil who has decided to step down. Following a 39-year career at UBS and its predecessor PaineWebber, Naratil will step down from his current roles as president of UBS Americas and co-president of global wealth management, effective from 3 October. Hassan will replace Naratil as president of UBS Americas, chief executive of UBS Americas Holding and member of the firm’s group executive board upon his departure. She joins from the Federal Reserve Bank of New York (FRBNY) where she served as the first vice president and chief operating officer.

Tradeweb appointed industry veteran Thomas Pluta as its next president, joining the firm as president-elect in October and as president on 1 January 2023. He will join Tradeweb from JP Morgan, where he has spent 27 years in a variety of roles, most recently as global head of linear rates trading and co-head of North America rates trading. Pluta will succeed current president, Billy Hult, who is due to replace Lee Olesky as chief executive when he retires at the end of this year. Olesky will continue to serve as chairman through 2023.

Mark T. Uyeda was sworn into office at the Securities and Exchange Commission (SEC) as a commissioner by Brian Johnson, assistant director of the division of investment management’s rulemaking office. President Biden nominated Commissioner Uyeda earlier this year and he was confirmed by the US Senate on 16 June. Commissioner Uyeda originally joined the SEC in 2006 and has since held a variety of advisory and counselling roles. His appointment will run until 5 June next year and makes him the first Asian Pacific American to serve as a Commissioner at the SEC.

Newton Investment Management Group appointed Sachit Shah as a new multi asset trader for the firm. Shah joins from Seaport Global Holdings, where he served as an equity sales trader for nearly one year. Prior to that, he spent just over five years at Amber Capital as a trader and before that, held various trading positions at Exane, Value Partners, The Cambodia Project and ABN Amro.