Fixed income provider FIIG Securities has appointed a former RBC Capital Markets employee as head of institutional markets.
John Cummins will take on the newly established role, and will be responsible for the growth of the institutional markets business, a statement issued by FIIG said.
FIIG chief executive Mark Paton said that Mr Cummins’ appointment will "significantly strengthen the company’s focus on institutional clients including corporates and the public sector".
“John has 30 years of experience in senior leadership roles in fixed income sales, distribution, trading and syndication which makes him ideally qualified for this position,” Mr Paton said.
“We look forward to working together to expand our distribution capacity, deepen our thought leadership capability and lift engagement with the market."
Mr Cummins previously worked for Westpac, Macquarie Bank, RBS and more recently as head of fixed income and currencies for RBC Capital Markets.
He has also served on industry bodies committees at AFMA and as a board member at Yieldbroker.
“I look forward to expanding the range of institutions we are serving and also to building on FIIG’s well-established position as a thought leader in the industry,” Mr Cummins noted.
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