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Derivatives

Lehman Transfers Equity Sales Head

Lehman Brothers has moved Marcel Koebeli, executive director and head of derivatives marketing to Swiss clients, to London from Zurich to become head of equity derivatives sales for Northern Europe, which excludes France, Spain and Italy. Koebeli is not replacing anyone, but simply providing additional focus on marketing equity derivatives to clients in Northern Europe, because of what the firm sees as a growing market, according to a spokeswoman. Riccardo Petrachi, executive director, will assume responsibility for equity derivatives in Switzerland from Koebeli.

Koebeli continues to report to Francois Pham-Quang, managing director and head of equity derivatives sales in London. The regional heads of equity derivatives sales will continue to report to Pham-Quang as well, she added. Koebeli and Pham-Quang referred comment to the spokeswoman.

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