Citigroup named Peadar MacCanna and Murat Demirel as trade co-heads for its treasury and trade solutions (TTS) business in Europe, Middle East and Africa (EMEA).
Reuters reports that Demirel most recently served as chief financial officer at Oger Telecom Ltd and MacCanna recently was EMEA head of trade finance based in Dublin, as well as head of trade business for Europe and Citibank Europe Plc.
In the meantime, the news agency also reports that Credit Suisse has appointed Mathew Cestar and Jens Welter co-heads of its investment banking and capital markets (IBCM) business in Europe, the Middle East and Africa as part of a raft of changes at the top of the business.
Former IBCM co-head for EMEA Marisa Drew has been appointed head of Credit Suisse’s impact advisory and finance (IAF) department. The new unit will direct and coordinate impact investing, a growing area that aims to create social or environmental change while generating financial return. Drew will report to Credit Suisse CEO Tidjane Thiam.
Furtado, who joined Goldman Sachs more than a decade ago in Hong Kong, was mostly recently part of the company’s investment banking division in Singapore.
Sporre was named head of European metals and mining research. He joins from Deutsche Bank, where he held a similar role.