Breaking news - People moves: Calyon to get new head of FX trading
Well-placed sources say that Calyon is poised to announce a new global head of FX trading, although the bank has, as ever, declined to comment on staff matters. The sources say that Nasir Afaf will shortly be taking up the role, having recently left Commerzbank, where he was head of FX options. Afaf is replacing Steve Nutland in the role; Nutland moved at the end of June from London to run FX in Asia for the bank. Apparently, Calyon’s overall head of FX, Vincent Leclerc, wanted someone with greater derivative experience to run the bank’s FX trading operations. At the time of writing, it is not known when Afaf will start or where he will be based.