LONDON, ENGLAND--(Marketwire - Dec. 3, 2012) - KNG Securities LLP ('KNG'), the independent fixed income specialist, today announces the appointments of Alessandro Vargiu and Filippo Gromo to the firm's fixed income team as it takes advantage of the migration of experienced executives from bulge bracket firms to client-focused platforms.
Today's announcement follows the appointment of Andrea Podesta as a Managing Partner and Head of Fixed Income last month. Alessandro and Filippo will play a key role in strengthening KNG's fixed income offering, notably in the Italian markets.
Alessandro joins KNG having previously held positions at Deutsche Bank and Credit Suisse. He brings with him extensive experience, having worked on a wide range of transactions across the credit markets and structured products.
Filippo joins from BNP Paribas having spent seven years in its Credit and Structured Rates sales team developing solid product expertise and strong relationships with financial institutions.
Andrea Podesta, Managing Partner and Head of Fixed Income at KNG Securities, commented:
"We're delighted that Alessandro and Filippo are joining KNG. They bring with them a wealth of industry experience and international expertise, and will play a key role in helping us grow both our product offering and geographic footprint, with a specific focus on Italy.
"As a business it's an exciting time for us as we continue to see a growing number of clients favouring working with specialist firms like us who offer a more independent and client focused service. This shift provides significant opportunities for KNG. We're hiring across the board to strengthen our team and ensure we're well positioned to take advantage of the structural changes in the market."
About KNG Securities
KNG Securities LLP (KNG) is an independent fixed income specialist, dealing in a range of products across fixed income, convertible bond and debt capital markets. Established in 2003, KNG combines the international experience of its principals with a personal, unbiased and client-focused approach to provide a first class service to its institutional client base. Headquartered in London, KNG employs a unique cross-regional model to generate liquidity in mixed market conditions, especially for less liquid assets. For more information visit www.kngsecurities.com.