Standard Chartered Bank has made three senior appointments in financial markets.
Remy Klammers is the new global head of fixed income trading. In his newly created role, Klammers will have responsibility for foreign exchange, rates, credit and structured products trading. Klammers reports directly to Lenny Feder, the bank's financial markets group head.
Klammers comes to Standard Chartered from Lehman Brothers where he was managing director head of structured products Asia and was based in Tokyo. He helped build a multiasset structured products platform in Asia involving trading, quants, sales, structuring and systems. Before that, the new hire spent seven years at Goldman Sachs where he was a partner and held a number of positions, including head of structured products Asia.
Alexis Suzat has also been appointed the new global head of structured products trading. This is a new team that has all of the bank's structured equity, commodities, foreign exchange, interest rate and credit products. The group will focus on managing the higher order risks associated with structured products and new product development. It will work together with the foreign exchange, rates, credit, equity and commodity trading teams.
Suzat also joins from Lehman Brothers where he was managing director responsible for structured products trading in Asia. Before Lehman Brothers, he was a portfolio manager at Brevan Howard Asia and senior trader at Goldman Sachs in Tokyo and Credit Suisse Financial Products in Tokyo, Sydney and Hong Kong. Suzat will report to Klammers.
Marten Agren is also joining as global head of modelling and analytics group, financial markets. This group will include StanChart's existing quantitative development team and will be more focused on the modelling and architecture development needed to support its growing product volume. Agren will report to the chief operating Officer for financial markets, a role that is yet to be filled.
Agren is also a Lehman Brothers alum, where he was managing director, structured products trading Asia and focused on the implementation of a quant modelling, trading and risk management platform. Before Lehman Brothers, Agren worked at Credit Suisse and Goldman Sachs in various analytic and modelling roles.
Aside from the hires mentioned, the bank is also making five other appointments for its modelling and analytics unit.
Financial Markets Group Head Feder, who joined StanChart in July 2007, reorganized the financial markets last December to encourage specialization and to further drive product sophistication, according to a company release.