BCS Global Markets has announced the appointment of Andrew Richards as Prime Services Sales Director.
Based in London, Andrew will be supporting the firm’s expansion by strengthening and expanding the global investor base in the US, Europe, Emerging and frontier markets. He will be reporting to Tim Bevan, CEO of BCS UK.
Andrew will also be responsible for selling the firm’s flagship International Prime Services offering, primarily Synthetic/Physical Prime & Execution, to the small- and mid-tier Hedge Fund community across various strategies, including Equity, Derivatives and Fixed Income.
Andrew has over 15 years of experience delivering exceptional business development and relationship management to hedge funds, asset managers and financial institutions. Prior to joining BCS Global Markets, Andrew held various senior roles within the prime brokerage industry.
He was most recently Director of Origination Global Security Finance, Synthetic Prime Brokerage at ING BANK in London. He also served as Vice President, Prime Brokerage Relationship Manager for Bank of America Merrill Lynch in London.
Tim Bevan, Global Head of Prime BCS Global Markets and CEO BCS UK, commented:
We are delighted to welcome Andrew in our team in London. We believe he will make a significant contribution to BCS Global Markets. His breadth of experience in selling international prime services and developing client relationships to the hedge fund community will be instrumental in our global expansion.
A message from management of BCS Global Markets
The continuously evolving nature of the global coronavirus situation has meant we at BCS Global Markets (BCS) are taking all necessary steps to keep business disruption to an absolute minimum.
Effective from today (Wednesday 18th March) employees from all divisions of the business based in our Russia, UK, USA and Cyprus offices who can work from home without creating any even minor possible risk for business continuity of the Group will be working remotely. It is very much business as usual at BCS. Our employees are equipped with secure access to our systems and will follow their normal working hours, keeping in regular contact with their colleagues and clients.
Despite ongoing disruption caused by COVID-19, we want to also assure you that following a sustained period of positive performance, our capital and liquidity position remains very strong. The business is well-placed to meet any subsequent financial challenges and will continue to go above and beyond for our clients.