David Tavadian FIC FINAL - Commerzbank
David Tavadian FIC FINAL - Commerzbank
David Tavadian FIC FINAL - Commerzbank
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Press release<br />
<strong>Commerzbank</strong> Corporates & Markets hires Emerging Markets Head of Sales for its Fixed Income<br />
and Currencies (<strong>FIC</strong>) division<br />
<strong>Commerzbank</strong> Corporates & Markets (C&M) today announced that it had hired <strong>David</strong> <strong>Tavadian</strong> as the new<br />
Head of Emerging Markets <strong>FIC</strong> Sales. Based in London, he will be reporting to Nikolaus Giesbert, Global<br />
Head of <strong>FIC</strong> Sales.<br />
<strong>Tavadian</strong> brings with him a wealth of in-depth product knowledge across all asset classes, particularly in<br />
derivatives. He joins C&M from Citigroup where he managed Derivatives Sales to Russian clients; prior to<br />
that he held a similar position at Credit Agricole.<br />
Emerging Markets is a key area for <strong>Commerzbank</strong> C&M and <strong>Tavadian</strong> will build upon the existing <strong>FIC</strong> EM<br />
Sales team to strengthen and expand the Bank’s reach across all relevant areas with prime focus on<br />
Central Eastern Europe and the Middle East. Furthermore he will guide and leverage EM activities and<br />
teams in Asia and the US.<br />
Nikolaus Giesbert, Global Head of <strong>FIC</strong> sales at C&M commented: “We are delighted to welcome <strong>David</strong> to<br />
the team. Emerging markets growth is expected to be around 6% in 2011 and with his experience <strong>David</strong> is<br />
a valuable asset to help us leverage opportunities in these markets.”<br />
Ends<br />
Contact:<br />
Claire Tappenden<br />
+44 (0)20 7475 5161<br />
Issued by<br />
<strong>Commerzbank</strong> Aktiengesellschaft<br />
Group Communications<br />
60261 Frankfurt am Main<br />
Telephone +49 69 136-2 28 30<br />
Fax +49 69 136-2 20 08<br />
mediarelations@commerzbank.com<br />
www.commerzbank.com<br />
For editors<br />
8 April 2011
About <strong>Commerzbank</strong> Corporates & Markets<br />
<strong>Commerzbank</strong> is a leading bank for private and corporate customers in Germany. With the segments<br />
Private Clients, Mittelstandsbank, Corporates & Markets, Central & Eastern Europe as well as Asset Based<br />
Finance, the Bank offers its customers an attractive product portfolio, and is a strong partner for the exportoriented<br />
SME sector in Germany and worldwide. With a future total of some 1,200 branches, <strong>Commerzbank</strong><br />
has one of the densest networks of branches among German private banks. It has around 60 sites in 50<br />
countries and serves approximately 14 million private clients as well as one million business and corporate<br />
clients worldwide. In 2010 it posted gross revenues of EUR 12.7 billion with some 59,100 employees.