LONDON, UNITED KINGDOM -- (Marketwire) -- 03/04/13 -- KNG Securities, the independent fixed income specialist, today announces the appointment of Cedric van Kerrebroeck to its fixed income team.
Cedric, who joins directly from Deutsche Bank, will develop KNG's coverage of the Benelux region and his extensive product experience will play a crucial role in strengthening KNG's structured notes business.
He worked for seven years at Deutsche Bank where he held a number of roles within their Belgian operation, latterly as a Euro-Bond Trader responsible for secondary market trading for bonds and structured notes. Prior to this, Cedric was a Product Manager spearheading the development of structured products across a range of asset classes. He started his career as a Fund Analyst at the firm.
Cedric's hire comes two weeks after KNG announced the appointment of Armando La Morgia to its fixed income team to build the firm's presence in the structured finance market. It is the business' ninth hire in the last three months, highlighting KNG's continued ability to take advantage of the migration of experienced executives from bulge bracket firms to client-focused, specialist platforms.
Commenting Andrea Podesta, Head of Fixed Income at KNG Securities, said: "Cedric's experience will be crucial both in developing KNG's geographical footprint in the Benelux region and for our structured notes business, which is one of our primary areas of expertise.
"We are witnessing a significant shift in the structure of the market as clients increasingly favour working with smaller, specialist firms such as ourselves. Cedric's move, directly from Deutsche Bank, highlights the appeal this approach has to top industry talent and underlines our growing stature in the capital markets."
About KNG Securities
KNG Securities LLP (KNG) is an independent fixed income specialist, dealing in a range of products across fixed income, convertible bond and debt capital markets. Established in 2003, KNG combines the international experience of its principals with a personal, unbiased and client-focused approach to provide a first class service to its institutional client base. Headquartered in London, KNG employs a unique cross-regional model to generate liquidity in mixed market conditions, especially for less liquid assets. For more information visit www.kngsecurities.com.
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