Commerzbank Corporates & Markets hires Sandy Bruce as Head of ...
Commerzbank Corporates & Markets hires Sandy Bruce as Head of ...
Commerzbank Corporates & Markets hires Sandy Bruce as Head of ...
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Press rele<strong>as</strong>e<br />
12 December 2006<br />
<strong>Commerzbank</strong> <strong>Corporates</strong> & <strong>Markets</strong> <strong>hires</strong> <strong>Sandy</strong> <strong>Bruce</strong> <strong>as</strong> <strong>Head</strong> <strong>of</strong><br />
Secondary Loan Trading<br />
<strong>Commerzbank</strong> <strong>Corporates</strong> & <strong>Markets</strong> (CBCM) announced today the appointment <strong>of</strong> <strong>Sandy</strong> <strong>Bruce</strong> to<br />
the <strong>Head</strong> <strong>of</strong> Secondary Loan Trading. He will join CBCM early in 2007, reporting to Tom Mulligan,<br />
<strong>Head</strong> <strong>of</strong> Loan Distribution, London.<br />
<strong>Bruce</strong> h<strong>as</strong> spent the p<strong>as</strong>t ten years with KBC Bank, where he w<strong>as</strong> part <strong>of</strong> the Loan Sales team with<br />
responsibility for primary distribution and secondary sales and trading, with special emph<strong>as</strong>is on<br />
leveraged finance and structured trade finance.<br />
In his new role at CBCM, <strong>Bruce</strong> will be crucial in spearheading the efficient and cost-effective<br />
balance sheet management through secondary loan sales in the EMEA region. He will be b<strong>as</strong>ed in<br />
London. <strong>Bruce</strong> will be replacing Hannah Nicholson.<br />
Tom Mulligan, <strong>Head</strong> <strong>of</strong> Loan Distribution, London said: “We are exceptionally ple<strong>as</strong>ed to welcome<br />
<strong>Sandy</strong> to the team, he brings with him a wealth <strong>of</strong> expertise and knowledge. His joining the team<br />
can only further strengthen it. His role will be pivotal in driving secondary loan sales volumes<br />
across all sectors <strong>of</strong> the market especially leveraged finance.”<br />
ENDS<br />
For further information, ple<strong>as</strong>e contact:<br />
Claire Tappenden, Corporate Communications +44 (0) 20 7653 7958<br />
Notes to Editors<br />
<strong>Commerzbank</strong> <strong>Corporates</strong> and <strong>Markets</strong> (CBCM) is the integrated Corporate and Investment<br />
Banking division <strong>of</strong> <strong>Commerzbank</strong> AG.<br />
<strong>Commerzbank</strong> AG is regulated by the FSA for the conduct <strong>of</strong> investment business in the UK. Member <strong>of</strong> the London Stock<br />
Exchange
CBCM provides a broad range <strong>of</strong> Commercial and Investment Banking products to corporate and<br />
institutional clients. The business incorporates capital markets activities in credit, equities, interest<br />
rates and foreign exchange with a strong focus on derivatives and structured products.<br />
As a division <strong>of</strong> one <strong>of</strong> Germany’s leading financial institutions and with the backing <strong>of</strong> a Eur<br />
609.7bn balance sheet (30.09.06) CBCM provides clients with capital and debt raising solutions and<br />
access to a broad range <strong>of</strong> investment and risk management products across all major <strong>as</strong>set<br />
cl<strong>as</strong>ses.<br />
<strong>Commerzbank</strong> AG is regulated by the FSA for the conduct <strong>of</strong> investment business in the UK. Member <strong>of</strong> the London Stock<br />
Exchange
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