Euronext, a wholly owned subsidiary of IntercontinentalExchange Group, has appointed three leaders for its financial derivatives, commodities and cash businesses with effect from 1 April 2014.
Adam Rose will be appointed head of financial derivatives at Euronext. He has a strong track record of growing businesses over more than 20 years in the sales and trading of derivatives at Goldman Sachs and Commerzbank, and in the past seven years as managing director at ABN Amro. Rose has extensive 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 will be appointed head of commodities at Euronext. He is an industry veteran with almost 25 years international experience in global commodities markets. He began his career at Société Générale, where he held various commodities trading roles for over 12 years spent between Paris, London and New York, including as a founding board member of ICE. Following this, he worked for ABN Amro in London structuring OTC Commodities. He traded energy derivatives during three years at Koch Supply & Trading in Geneva. Raevel will be based in Paris.
Danielle Ballardie will be appointed head of cash equities at Euronext. She is one of the UK trading industry’s most high-profile female executives and has been leading the sales and client coverage team in London for Euronext since 2012. Prior to this Ballardie spent three years as director of electronic distribution at Barclays Capital for Europe, the Middle East and Africa, where she helped roll-out its electronic trading business in cash equities and established the bank’s broker crossing network. Before joining Barclays, Ballardie spent eight years at the London Stock Exchange in various roles focusing on product development, technology sales and preparing the exchange for the Markets in Financial Instruments Directive. Ballardie will be based in London.
All three appointments will report to Lee Hodgkinson, head of markets and global sales, Euronext.
“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. “This is another step in Euronext’s independence and underlines our commitment to growing the business.”