Thomas K. Montag, 51, has been appointed by Merrill Lynch as head of global sales and trading.
Montag will report directly to John A. Thain, chairman and CEO of Merrill Lynch.
“I am very pleased that Tom Montag, a proven leader with extensive industry knowledge and experience, is joining the senior management team of Merrill Lynch in this very important role. Tom is one of the most highly skilled and knowledgeable people in the securities industry. With over 20 years of experience in the United States and internationally, Tom will help drive the firm’s strategy in key markets around the world,” says Thain.
In his role, Montag will be responsible for all the firm’s global sales and trading activities across debt and equities.
Most recently, Montag was with Goldman Sachs Group Inc. where he was co-head of the global securities business and a member of the company’s management committee when he left the company in December 2007. Prior to being co-head of the global securities business he was co-president of Goldman Sachs’ Japanese operations since 2001 and before that ran the firm’s global derivatives business.