Board-level changes at Lehman Brothers

PEOPLE NEWS

Gelband, who is responsible for FX and is currently global head of fixed-income liquid markets, has been promoted to the bank’s executive committee. In his new role he will assume global responsibility for fixed income, and his responsibilities will still include forex, interest rate products and securitised products.

Earlier this year, the bank saw other major changes at senior level with the departure of Duncan Rule, head of forwards in London, to Dresdner Kleinwort Wasserstein, and Rafaël

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