MarketAxess has appointed John Maggiacomo as head of consumer gross sales in North The united states, a newly created place on the company.
Maggiacomo joins from Royal Financial institution of Canada (RBC), the place he maximum not too long ago served as head of US credit score gross sales.
Right through his tenure at RBC, he helped develop the financial institution’s secondary credit score companies with a focal point on leveraged finance.
In other places in his occupation, Maggiacomo spent 11 years at Financial institution of The united states Merrill Lynch, the place he served as managing director, credit score gross sales.
“John brings with him in depth mounted source of revenue gross sales revel in and robust trade relationships,” mentioned Kevin McPherson, leader earnings officer at MarketAxess.
“I’m assured that his deep mounted source of revenue product wisdom, together with his prime yield experience, strategic imaginative and prescient and management will give a contribution considerably to our luck within the area.”
As a part of his new position, Maggiacomo can be answerable for gross sales management for MarketAxess’ North American consumer gross sales section, with a focal point on increasing its institutional consumer footprint throughout all product spaces. Based totally in New York, Maggiacomo will report back to McPherson.
Maggiacomo’s appointment follows that of Dan Burke, who was once named world head of rising markets final month. Burke joined MarketAxess from Same old Chartered, the place he maximum not too long ago served as managing director, primarily based in Singapore.
Learn extra: MarketAxess faucets Same old Chartered for brand new world head of rising markets
“In these days’s all of a sudden evolving surroundings of greater electronification and legislation, the chance to ship cutting edge answers and differentiated insights to our purchasers is greatly thrilling,” mentioned Maggiacomo.
“We’re desperate to proceed redefining the enjoying box, offering a definite aggressive edge to our purchasers.”
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