Nex appoints Paul Busby as global head of sales for buy-side treasury suite
13 July 2017 | 8160 views | 0
NEX Optimisation, which helps clients reduce complexity and optimise resources across the transaction lifecycle, announces today that it has appointed Paul Busby as Global Head of Sales for ENSO, its portfolio finance and centralised treasury management solution for the buy-side.
Paul will be responsible for expanding sales and strategic partnerships across the US, EMEA and APAC regions, reporting to Matthew Bernard, CEO of ENSO. The business currently provides centralised treasury services to clients globally, most recently expanding into the APAC region in 2017.
Paul has over 25 years of senior experience in prime brokerage, equity finance and securities lending, and joins from HSBC where he most recently held the position of Head of Prime Finance Sales Americas. Prior to his role with HSBC, Paul was the Co-head of Equity Finance Americas and Head of Securities Lending Americas at Deutsche Bank, where he successfully developed a top-tier industry team to manage and grow the Equity Finance business across sales, trading, client origination, operations, and technology across multiple global equity markets. He led APAC efforts in Hong Kong, Singapore, and Japan from 1996 to 2001.
Jenny Knott, CEO of NEX Optimisation, said: “Paul’s notable financial and prime brokerage experience positions him ideally for this role. NEX Optimisation has been unlocking synergies across the recently established solution pillars, and by bringing industry veterans like Paul to the team, we can continue to expand our services for clients. We are delighted Paul is taking on the role at this exciting time in NEX’s growth.”
Matthew Bernard, said: “There is a growing opportunity with our existing clients as we broaden our suite of offerings across different workflows and services. Paul brings extensive prime brokerage and securities lending expertise to NEX Optimisation and will act as a key stakeholder in expanding strategic initiatives. I look forward to working with him as we further develop and expand our client offering.”