Mon, 12/11/2012 - 13:40
Fixed income specialist KNG Securities has appointed Andrea Podesta as managing partner and head of fixed income.
He will play a key role in the firm’s wider growth strategy and form part of KNG’s executive committee alongside co-founders Arup Ganguly and Nick Nugent.
Podesta joins from Bank of America Merrill Lynch having held several senior positions at the firm since joining in 2005. He was managing director and head of Southern Europe fixed income sales, having previously built and headed the EMEA debt wholesale distribution team.
Established in 2003, KNG is an independent fixed income specialist, dealing in a range of products across fixed income, convertible bond and debt capital markets.
Nick Nugent, founding partner at KNG Securities, says: “We are delighted that Andrea is joining KNG. His expertise and market profile will strengthen our business at a very important stage in our growth strategy. We have ambitions to significantly grow both our product offering and geographic foot print, and Andrea will play a key role in helping us achieve this. KNG has been hiring aggressively since the beginning of the year and we plan to continue to add headcount into 2013.”
Podesta says: "I’m proud to join KNG at such an exciting time in the company’s growth. The securities brokerage industry is evolving and our independence and cross-regional approach, combined with the right talent and critical mass, ensures we are well placed to serve our clients’ needs, now and in the future.”
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