ABN AMRO has hired two research professionals from the former Gen Re Securities for new roles in its U.S. fixed-income derivatives team in New York. Reza Gharavi, fixed-income quantitative analyst at Gen Re, started last week as a director in fixed-income derivatives research. He said his role at ABN is not strictly defined yet but expects it will include a mix of interest-rate and credit derivatives research. L. Sankarasubramanian starts at ABN as a credit derivatives researcher after the Labor Day holiday. He had a similar role at Gen Re, which announced in January it was shutting its doors and has been unwinding positions and offloading personnel since (DW, 2/22).
In New York, the two new hires will report to Pay Fay, ABN's North American fixed-income head. Fay did not return calls. Globally, the duo will report to Stephen Laughton, global head of research in Tokyo.