Andrea Minetti has returned from a 12-month sabbatical from Deutsche Bank in London as a managing director and head of southern European equity derivatives sales. Minetti, previously head of fixed-income derivatives sales in Italy, replaces Maria Binaghi, who is herself taking a sabbatical for personal reasons, according to Yassine Bouhara, head of global equity derivatives. Deutsche Bank plans to add a total of 12 equity derivatives professionals and expects to announce further hires in the coming weeks, Bouhara said. He declined to divulge further details while the firm is finalizing employment contracts. Binaghi was traveling and could not be reached.
Minetti said he was involved in both fixed-income and equity transactions while trading for Deutsche Bank and added that he is familiar with both customer bases. "It is a beautiful opportunity to jump from Italy to Southern Europe after a year of traveling," Minetti said. He will report directly to Johan Groothaert, head of structured product marketing and sales. Groothaert said Minetti will be building up Deutsche Bank's market share and presence in southern Europe and will be able to leverage off his experience in fixed-income sales. "We have a reasonably established name [in southern Europe], but we still have a way to go."
