Euronext Appoints Three Executives Ahead of Spinoff

Euronext has appointed three new heads for its financial derivatives, commodities and cash businesses, effective April 1, 2014.
By Jake Safane(2147484770)
Euronext has appointed three new heads for its financial derivatives, commodities and cash businesses, effective April 1, 2014.

Adam Rose will serve as head of Financial Derivatives. Rose has over 20 years of experience in sales and trading of derivatives at Goldman Sachs, Commerzbank, and for the past seven years at ABN Amro. He has experience in both fixed income and equity derivatives and his most recent roles included head of sales and deputy head of Global Markets at ABN Amro. Rose will be based in Amsterdam.

Olivier Raevel has been appointed head of Commodities. Raevel has almost 25 years of international experience in global commodities markets. He began his career at Société Générale, where he held various commodities trading roles for over 12 years in Paris, London and New York. He also served as a founding board member of ICE. Raevel also worked for ABN Amro in London structuring OTC Commodities, and he traded energy derivatives during three years at Koch Supply & Trading in Geneva. He will be based in Paris for Euronext.

Lastly, Danielle Ballardie will serve as head of Cash Markets. Since 2012, she has been leading the sales and client coverage team in London for Euronext. Prior to this, Ballardie spent three years as director of electronic distribution at Barclays Capital for EMEA, where she helped roll out its electronic trading business in cash equities and established the bank’s broker crossing network. Before joining Barclays, she spent eight years at the London Stock Exchange in various roles focusing on product development, technology sales and preparing the exchange for the MiFID. For Euronext, she will be based in London and will act as deputy to Lee Hodgkinson, head of Markets and Global Sales, Euronext, whom all three appointments will report to.

“We are delighted to appoint three such outstanding individuals who will help transform our commercial capability as we embrace the exciting challenges of becoming an independent public company,” says Hodgkinson, head of Markets and Global Sales, Euronext. “This is another step in Euronext’s independence and underlines our commitment to growing the business.”

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