IXIS Corporate & Investment Bank has tapped managing director Michael Neumayer, previously responsible for sales to Germany, Austria and Switzerland in Frankfurt, for a new role as head of equity derivative sales for Europe, the Middle East and Africa. Neumayer, who has moved to London for the role, reports to Etienne Bur, global head of equities and equity derivatives in Paris.
IXIS is looking to cover new regions including South Africa, the Middle East, Turkey and Greece, said Neumayer, who noted having a regional head will support this expansion. The firm currently has staffers based in London, Paris and Frankfurt, but Neumayer said it may make additional hires if its business in other regions grows.