Rick Weinstein, managing director and head of credit derivatives at Dresdner Kleinwort Wasserstein in London, has become global head of credit derivatives structuring and Javier Martin-Artajo, head of credit derivatives trading in London, will now be global head of credit derivatives trading and co-head of the group. The two new positions were created because of the growing importance of the trading business and follows the appointment of Paul Lewitt, co-head of credit derivatives at Westdeutsche Landesbank in London, as head of credit derivatives flow trading. Lewitt reports to Martin-Artajo.
As part of the move Martin-Artajo will report to Matteo Mazzocchi, global head of credit derivatives and securitization in London. He previously reported to Weinstein. Mazzocchi is on vacation and could not be reached for comment.