Boutique prime broker BCS Global Markets has appointed Raj Karan Singh as global head of securities finance, following the departure of Christian von Gradowski.
Gradowski led the business for just over six-and-a-half years and has now moved into a new role elsewhere.
Singh steps into the top job after just over a year as a director within the securities finance business. He also brings experience from six years as an equity finance trader with Nomura.
Singh tells SFT that a key growth target of the business under his leadership will be the expansion into synthetic financing and growing the footprint into international markets.
Based in London, Singh reports to Tim Bevan, CEO of UK and global head of prime.
Also speaking to SFT, Bevan says that while Raj has been at BCS the securities finance business has made considerable progress and expects more of the same under his leadership, he sees the securities finance business as an important block in the build of the larger Prime business that has seen rapid growth through the Synthetic Prime Brokerage business since launching in early 2020.
