Citadel Securities Appoints New Global Head of Structured Products

Ken Griffin’s Citadel Securities has appointed Richard Smerin from Morgan Stanley as the global head of structured products, according to a source. Bloomberg posted on X, highlighting this as part of a series of significant hires in Asia. Smerin's recruitment is seen as a strategic move to bolster Citadel's presence and capabilities in the region. The firm has been actively expanding its team with experienced professionals to enhance its operations and market influence. This appointment underscores Citadel's commitment to strengthening its structured products division and its overall growth strategy in Asia.