BCS gets new CEO
15 October 2014 London
Image: Shutterstock
Tim Bevan has become CEO of BCS Prime Brokerage, part of the BCS Financial Group.
He will be responsible got all international operations including future growth strategy, new products and diversifying the business.
This is a new role for BCS Prime Brokerage, created due to the rapid expansion of the business outside of Russia. Bevan is one of three recent appointments.
Bevan has been with BCS Financial Group since 2012. Previously he was director of global electronic trading at Otkritie Capital.
In the last 18 months, BCS UK operations have continued to grow, with UK activity becoming a core entity with the BCS group for investment banking.
Roman Lokhov, CEO and head of GMIB BCS Financial Group, said: “Since opening our UK office, BSC Prime Brokerage has grown significantly, we believe that now is the time to recognise this growth by creating a new CEO position for which [Bevan] was the natural candidate.”
“This position will give [Bevan] and the senior team a more formalised structure to continue working towards new business lines outside Russia.”
Bevan added: “Since joining BCS we have worked hard to build the business outside of Russia and grow our range of products and services on offer to clients. This has work has been regarded and we are now the go-to broker for Russia and Russian products.”
“The business outside of Russia is now at the size where it is an integral part of the BCS global operations and I am delighted that the board of BCS have recognised the work of the team be creating a CEO position for non-Russian operations, which I am delighted to have been appointed to. I look forward to continuing to grow and expand our business in the coming years.”
He will be responsible got all international operations including future growth strategy, new products and diversifying the business.
This is a new role for BCS Prime Brokerage, created due to the rapid expansion of the business outside of Russia. Bevan is one of three recent appointments.
Bevan has been with BCS Financial Group since 2012. Previously he was director of global electronic trading at Otkritie Capital.
In the last 18 months, BCS UK operations have continued to grow, with UK activity becoming a core entity with the BCS group for investment banking.
Roman Lokhov, CEO and head of GMIB BCS Financial Group, said: “Since opening our UK office, BSC Prime Brokerage has grown significantly, we believe that now is the time to recognise this growth by creating a new CEO position for which [Bevan] was the natural candidate.”
“This position will give [Bevan] and the senior team a more formalised structure to continue working towards new business lines outside Russia.”
Bevan added: “Since joining BCS we have worked hard to build the business outside of Russia and grow our range of products and services on offer to clients. This has work has been regarded and we are now the go-to broker for Russia and Russian products.”
“The business outside of Russia is now at the size where it is an integral part of the BCS global operations and I am delighted that the board of BCS have recognised the work of the team be creating a CEO position for non-Russian operations, which I am delighted to have been appointed to. I look forward to continuing to grow and expand our business in the coming years.”
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