FIIG looks to middle market
Fixed income dealer, FIIG Securities, has made a key middle markets appointment.
The company announced this week it had appointed experienced financial services executive, Mathew Simpson, as head of middle markets as the company looks to extend its reach in the sector.
Simpson joined FIIG from Western Union, where he was the head of dealing with responsibility for the firm's dealing, key account executive, electronic portfolio management and currency risk solution functions for middle market, corporate and commercial customers.
Before Western Union, Simpson worked for the Royal Bank of Scotland as head of structured risk and capital solutions, based out of Hong Kong.
Confirming the appointment, FIIG Securities chief executive, Mark Paton, said it would enhance the executive-level capacity of FIIG to pursue its aggressive growth strategy in the middle markets segment.
"This sector of the market under-utilises fixed income as part of their financial and investment management strategies, mainly because they have been under serviced by the industry. Our aim is to fill that gap and Mathew will play an important part in that strategy," he said.
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