Fabio Madar, who was the worldwide head of international change (foreign exchange) at Barclays for barely greater than a yr, reportedly has a brand new place at NatWest Markets – co-head of foreign exchange gross sales.
In response to a report from Monetary Information London, Madar has joined the funding banking arm of the Royal Financial institution of Scotland (RBS), having left Barclays in the summertime of this yr.
The information outlet cites individuals acquainted with the matter. Nonetheless, RBS has declined to touch upon the manager transfer. Madar has not up to date his LinkedIn profile to indicate that he’s working at NatWest.
As Finance Magnates reported, Madar joined Barclays in August of final yr. On this capability, he led the worldwide FX enterprise throughout gross sales and buying and selling for the corporate.
Fabio Madar spent 13 years with Deutsche Financial institution
Though his tenure with the multinational financial institution was brief, he beforehand labored for Deutsche Financial institution for greater than 13 years.
Fabio Madar, co-head of foreign exchange gross sales
Initially, he joined the German lender in July of 2005 because the Head of Southern Europe. In response to his LinkedIn, he was based mostly within the agency’s London workplace.
How Good Merchants Keep in Revenue Even Throughout a CrashGo to article >>
After 5 years in that position, he was promoted to the place of Head of FX Gross sales for the Europe, Center East and Africa (EMEA) area, which he held for simply over a yr.
His last position with the German lender was World Head of FX Protection. He manned this place from June 2011 till August of 2018 – seven years and three months.
General, Madar has over 26 years of expertise in international FX markets, and Madar brings a wealth of information to the financial institution. He’s labored the world over in London, New York, Paris, and Milan.
In the direction of the start of his profession, in 2000, he joined the now-defunct international monetary providers agency Lehman Brothers.
Primarily based in London, he labored with the fourth-largest funding financial institution in the USA on the time for a interval of 5 years, in accordance with his LinkedIn profile.
Along with his 19 years of expertise in quite a lot of FX-based roles, Madar attended the ESCP Enterprise College from 1988 till 1991.