Russian broker wants to expand in the largest European markets
BCS Financial, the largest
Russian derivatives broker, has promoted Tim Bevan to run its
non-Russian business, underlining a plan to grow its European
Bevan's chief executive role has been created due
to the rapid expansion of the ex-Russian business and
following on from other senior appointments at BCS such as
the recent hire of John Barker as chairman and Max Hayden as
global head of prime brokerage.
"Since opening our UK office
BCS Prime Brokerage has grown significantly, we believe that
now is the time to recognise this growth by creating a new
CEO position for which Tim was the natural candidate. This
position will give Tim and the senior team a more formalised
structure to continue working towards new business lines
outside Russia," said Roman Lokhov, chief executive of BCS
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