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MF Global Names New Head Of Foreign Exchange

Paul Farrell held several management positions at JP Morgan Chase from 1973 to 2008

MF Global, an intermediary offering customized solutions in global cash, derivatives and related markets, has appointed Paul Farrell as global head of foreign exchange.

Reportedly, Mr. Farrell will be responsible for managing MF Global’s foreign exchange business across all customers, products and geographies around the world. He will be based in New York, overseeing foreign exchange teams in London, New York, Chicago, Singapore, Hong Kong, Tokyo and Sydney.

Before joining MF Global, Mr. Farrell, who has nearly 35 years of financial services experience, held several management positions at JP Morgan Chase from 1973 to 2008.

Bernard Dan, CEO of MF Global, said: “Mr. Paul will play a critical role in enhancing MF Global’s efforts to grow this business while maintaining the high level of service. I am confident that Mr. Paul’s considerable experience and strong relationships will enable him to drive our expansion strategy, particularly in the Asia-Pacific region, as well as to discover and seize opportunities for clients in the foreign exchange markets.