FIIG Securities’ European subsidiary has appointed an investment banking executive as its inaugural chief executive officer.
FIIG International Limited will be headed by Peter Sorensen, who brings more than 30 years of experience in global financial services to the role.
This comes after the launch of FIIG Securities' first offshore subsidiary in Malta, which will allow it to establish business operations in all 28 member nations of the European Union.
Mr Sorensen's career has spanned New York, London, Sydney and Europe, and has held senior roles in global investment firms across all major asset classes.
FIIG Securities managing director Jim Stening added that Mr Sorensen would bring his experience and contacts within the European market to the FIIG subsidiary.
“We look forward to the opportunities and further growth he and the new subsidiary will bring to our investors, our issuers and to our brand,” he said.
Commenting on his own appointment, Mr Sorensen said Europe held opportunities for the fixed income provider to service its client base by tapping into alternative sources of demand and supply.
“Malta will provide us with a strong base in the European Union with access to experienced staff as well as a stringently regulated operating system,” he said.
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