Prudential Bache Commodities, Prudential Financial’s futures commission merchant arm, has promoted Ryan Byrne, the head of its equity derivatives desk, to take over responsibility for its precious metals desk. The previous head, Ray Keenan, stepped down in April.
Byrne will keep his existing job as well as the
new one. Alex Ladouceur, chief executive, said: "Under
Ray’s outstanding leadership our bullion trading
desk has become one of the most widely respected in the world.
I am delighted that Ryan, who started his career in metals
trading, will lead this business."
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