Emmanuel Roman will assume the newly created role of chief operating officer of Man following the company’s acquisition of GLG Partners.
The announcement follows the news that Man shareholders have approved the acquisition of GLG Partners.
Pierre Lagrange will continue in his role of senior managing director of GLG, overseeing investment management and running GLG’s flagship European long short equity strategy among others.
Noam Gottesman will remain co-chief executive of GLG with Roman and will run GLG’s global opportunity strategy.
All three will report to Peter Clarke, chief executive of Man.
Clarke says: “The combination of Man and GLG will bring together a wealth of talent with comprehensive investor solutions and a strong performance focus. Since joining GLG in 2005, after 18 years with Goldman Sachs, Manny Roman has done a fantastic job in developing its business, alongside Noam and Pierre and the GLG senior advisory group. I am delighted that Manny has accepted this new broader role, which will leverage his deep trading, operational and business management experience, right across the enlarged group.”