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Barclays loses trio of tax traders; Alior Bank deputy CEO resigns


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Barclays loses trio of tax traders; Alior Bank deputy CEO resigns

S&P Global Market Intelligence presents a daily roundup of management and board changes at financial institutions in Europe. This feature excludes C-level leadership changes and previously reported stories.


* Barclays PLC, which is likely to lay off around 100 senior employees, has three tax traders leaving the bank, Bloomberg Quint reported, citing people familiar with the matter.

Sadat Mannan, Renaud Isman and Premkumar Vadiveloo stepped down amid the lender's cost reduction efforts to achieve key 2020 profitability targets, the report noted.

International Financial Club

* Tatiana Orlova was appointed first deputy chair of the management board at JSC JSCB International Financial Club and will be responsible for the development of the lender's corporate business, Vedomosti reported.

Alior Bank

Poland-based Alior Bank SA's Deputy CEO Mateusz Poznanski has stepped down, effective Feb. 29.

Poznanski, who joined the lender in March 2017, will leave the bank to pursue outside retail banking.

Flow Traders

* Netherlands-based Flow Traders NV said its supervisory board nominated Britta Achmann as chief risk officer and member of the management board, subject to shareholder and regulatory approvals.

Once regulatory approval is secured, the company will propose the appointment to its shareholders at its upcoming annual meeting.

Additionally, the Dutch exchange-traded products specialist said Han Sikkens will not contest for reappointment to the supervisory board in 2020.

Achmann is Deutsche Bank AG's head of business implementation, market risk.

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