Dresdner hit by senior departures

Martin Fraenkel, global head of commodities at Dresdner Kleinwort in London, is believed to have left. Fraenkel joined the German bank in January 2006, having previously worked as a senior consultant for commodities and derivatives at Man Investments from November 2004 until December 2005 (FX Week, February 13, 2006). It is not known where Fraenkel is heading.

Tong Lee has taken over the commodities business, while continuing to work in his role as head of interest rate derivatives in London. Lee

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