BCS Global Markets has appointed two new regional managing directors as part of a drive to continue expansion and business development.
Bradley Duke joins BCS as managing director and chief business officer for the UK, Europe, and the US, while Mikhail Butrin is managing director and chief business officer for capital markets and investment banking in Russia and the Commonwealth of Independent States region.
According BCS, a securities broker on the Moscow Exchange, the appointments are part of a restructuring of the global business, designed to improve efficiency and transparency.
Previously, Duke was managing director at Knight Capital. He has also worked as senior vice president and head of electronic trading services at Jefferies International, where he was responsible for building and commercialising the direct trading infrastructure for Europe and Asia.
Butrin joins from Barclays Capital, where he was managing director. Before this, he was co-head of global banking at VTB Capital, and he has also been managing director of the investment banking division of Deutsche Bank.
Roman Lokhov, CEO of BCS, said: “This is the perfect time strategically for us to strengthen our senior team at a time when there is lots of business available for us to pick up as more competitors leave the market. We now have a very strong team, and I am sure our expertise will help us to achieve exponential growth.”
He added: “With our ongoing business development drive, one of our key goals in Russia is to take the leading position in the domestic market for investment banking services, and to gain a key market share of business in the US, Europe and Asia.”
