General Re Financial Products has hired Bjorn Flesaker, senior managing director-head of derivatives research and front office systems at Bear Stearns in New York, in the new position of global head of research and analytics. Flesaker referred calls to Mark Byrne, ceo, who did not return calls. Flesaker spent over five years at Bear Stearns, having joined from the then Union Bank of Switzerland (DW, 1/15/96) and prior to that was at Merrill Lynch.
At Bear Stearns Flesaker reported to Dan Spina, chairman of the management committee of the Financial Analytics and Structured Transactions group, an entity that provides quantitative research, financial engineering, analytics and portfolio strategies in fixed income and derivatives. Spina said Flesaker's responsibilities have been parceled out among several members of the team. He declined further comment.
