Marex drafts in ex-UBS investment banking head as CEO

Top-level hire comes as fast-growing commodities broker's ranks have swelled from 180 to 600 in two-and-a-half years

Marex Spectron, the energy and commodities broker with ambitions of becoming a “trading supergroup”, has recruited the former co-head of investment banking at Swiss bank UBS as its chief executive.

Marex Spectron, which was formed in March last year when Marex acquired Spectron, is backed by JRJ Group, a private equity firm founded by former Lehman Brothers executives Jeremy Isaacs and Roger Nagioff.

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