|Name: Osman Semerci|
Institution: Merrill Lynch
Date promoted: January 2005
Title: Co-head of EMEA global markets
Previous job before promotion: Head of Pacific Rim global markets
Years in capital markets: 15
First job in capital markets: Turkish equity trader at Turkinvest
Family: Married with two children
Lives in: Chelsea, west London
Heroes: Pelé, Bill Gates, Kemal Ataturk (founder of the Turkish Republic)
Osman Semerci was appointed co-head of Europe, Middle East & Africa global markets in January 2005.
Semerci is in charge of global markets while Andrea Orcel, his partner in EMEA global markets, runs investment banking. The EMEA division mirrors the US model by having its two most senior bankers as co-heads of global markets and investment banking.
He is responsible for the debt and equity businesses, including foreign exchange, commodities, credit, emerging markets, equities, cash equities, equity derivatives and derivatives marketing. He is also in charge of origination across global markets and investment banking.
Semerci has been tasked with expanding the European business further. "Europe is a strategic growth area for Merrill Lynch, and as one of the major players we want to grow in profitability and client service," he says.
Before his promotion he was head of Pacific Rim global markets, in charge of the debt and equity businesses in Japan, Asia and Australia.
Semerci made Merrill Lynch one of the most profitable banks in the timezone, particularly in the debt markets, and last year it was the most profitable broker in Japan. He took its Asian equity business from fifth to third in the league tables.
He has been with the firm since 1992, when he joined Merrill Lynch's international private client group as a financial consultant.
In 1993 he moved to London as a fixed income salesperson in global debt markets.
Between 1996 and 1998 he formed the institutional fixed income cash and derivatives client businesses in European emerging markets and in 1999 he set up and led the strategic solutions group in EMEA.
Semerci began his career in 1990 as a trader in Turkish equities at Turkinvest, based in Istanbul.
He reports to Dow Kim and Greg Fleming, co-heads of global markets investment banking.
Born and raised in Turkey, he is married with two children and lives in Chelsea.