BCS Global Markets (“BCS GM”), the investment banking services division of Russia’s largest independent broker, has announced the appointment of new Head of Treasury, Ravi Kotecha. Based in BCS GM’s London office, Mr. Kotecha will be responsible for developing and implementing an integrated Treasury function for BCS Prime Brokerage and other international legal entities.
Mr. Kotecha joins BCS GM after a year at Bloomberg, where he led on enhancing existing and prospective clients' workflows in fixed income and interest rate derivative markets. Prior to this, Mr. Kotecha spent over 12 years in front-office, trading roles at several leading banking institutions in London, Zurich and Moscow, including Sberbank, Barclays and Deutsche Bank. Throughout his career, Mr. Kotecha has developed expert trading skills in fixed income and equity products across developed and emerging markets, and most recently in FX and Interest Rate products. As well as this, he has also recently honed his FinTech expertise through selling technological solutions to an array of financial market participants.
Maxim Safonov, co-CEO at BCS Global Markets said: "Despite the difficulties brought on by the pandemic, it has been an encouraging year for growth at BCS GM. Our continuous investment in people and our team of experts is critical to our standing as Russia’s largest independent broker. Ravi has a proven track record of working in trading across a breadth of products and markets, so I am positive that he will provide invaluable support to the company’s business lines through Treasury services. In this context, Ravi’s experience and expertise represent a great asset to BCS GM and more importantly our clients.”
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.