BGC Partners, Inc., inter-dealer broker, announced that Mark Webster, formerly Executive Managing Director and General Manager for Asia, will move to New York in the newly created role of Executive Managing Director and General Manager for the Americas.
Webster will be responsible for building BGCs business across the region and expansion into new product areas, both organically and through acquisition. As previously announced, Leonard Harvey who joined BGC Partners from Tullett Prebon has assumed the position of Managing Director and General Manager for Asia. At Tullett. Harvey was Chief Executive Officer, Asia-Pacific.
Marks appointment as head of the Americas will enable us to focus on expansion geographically into key markets, as well as introducing new product offerings to our clients, says Shaun Lynn, president, BGC Partners. Under Marks leadership, BGCs business in Asia doubled in size and we are pleased that he will be able to bring this experience to the Americas, which we view as a region with tremendous potential for further growth for BGC.
Our acquisition of leading Brazilian broker Liquidez closed last month and we are very excited about the opportunities that this offers for further expansion into South America, both to offer our existing products to customers in the region, and to give our global customers access to products from Brazil and other regional markets, says Webster, who will assume the role of executive managing director and general manager for the Americas. There is also significant scope for growth in North America and I look forward to building the team here as we look at new areas including equity derivatives, energy and listed products as well as continued expansion in our core areas of rates, credit and foreign exchange.
D.C.