Head of London equity trading at Morgan Stanley Investment Management, Mark Perry, has retired The TRADE revealed. Perry’s retirement follows several other major retirements from buy-side trading heads in recent months. In May, global head of trading at Janus Henderson, Dan Royal, announced that he was set to step away from his role at the end of this year with Hugh Spencer due to take over the reins. Also notable was the announcement of Jeremy Ellis’ retirement as head of European equity trading at T. Rowe Price.
Citi named Jamie Miller head of electronic equity sales trading for the EMEA region. Based in London, Miller was appointed to head up the division in EMEA after eight and a half years with the bank, specialising in equity sales trading, according to an update on his social media. Miller originally joined Citi after serving for two internships in the bank’s markets division in 2013 and 2014. He joined as a permanent fixture in 2016 as a graduate analyst in the markets division and later moved into equity sales trading in 2018. He has subsequently continued to rise through the ranks, landing his first vice president role in 2021.
State Street appointed Tomas Truzzi as chief executive of State Street Brazil, replacing Telly Theodoropoulos, who led operations in the country since its foundation in 2019.In the role, Truzzi will be responsible for overseeing all strategic initiatives and operations within the country, with a view to promoting growth within one of Latin America’s key markets. Truzzi joined State Street Brazil as head of FX trading. In his previous role, he oversaw the foreign exchange market making desk and managed Banco Commercial’s local treasury function. Prior to joining State Street, Truzzi worked for Standard Chartered in Brazil as head of trading, responsible for reorganising its local fixed income, foreign exchange, and derivatives businesses. Before that, he served in several roles at Morgan Stanley throughout a 13-year term and managed trading desks in Sao Paulo, New York, and London, with a focus on FX, fixed income, and derivatives.
NatWest appointed Imogen Bachra to lead its global desk strategy team, taking on the role of head of economics and markets strategy. She is set to provide a data-driven approach, providing views on key macroeconomic and market themes across various regions and asset classes. As part of her new role, Bachra will join the trading and sales management team and report to Simon Manwaring. Bachra joined the bank in 2014 and most recently led the UK rates strategy and non-dollar rates strategy. Prior to NatWest, she held positions at Credit Suisse, HSBC, and Royal Bank of Scotland.