SEB Strengthens Futures Business With New Head Of Futures Sales And Marketing

SEB Enskilda today announced that Lawrence Peirson has been appointed as the new Head of Futures Sales and Marketing. He will join SEB in February 2011 and will report to Atilla Olesen, Head of Securities Finance and Gregg Cowie, Head of Futures, both co-Heads of Equities.

Peirson has 18 years of experience in the derivatives industry and was most recently employed by Barclays Capital in London as Head of Relationship Management Sales Futures/Prime. Previous roles at Barclays Capital include European Head of Futures and European Head of Futures Execution & Clearing Sales.

Peirson commented: "I was impressed by the ambition and commitment of the SEB Futures team in terms of developing their strong current business into a more scalable, global and multi asset class offering, and very much look forward to contributing to this development."

"With this recruitment we have taken a significant step in strengthening our expertise within listed derivatives and will be able to further maximise the cross over effects to and from Prime Brokerage," says Atilla Olesen.