20 July 2009 Company Announcements

 

Appointments: Instinet names Glenn Lesko chief executive of asian businesses

Instinet appointed Glenn Lesko as chief executive of Instinet in Asia. Lesko will be responsible for Instinet's business units: Instinet Japan, Instinet Pacific Limited, Instinet Singapore Services and Instinet Australia Clearing Services.

Lesko, previously headed Instinet's US-based international trading group. Lesko joined Instinet in 2006 from CF Global Trading, where he had served as a partner since 2003, and before that, served two years as a managing director at Deutsche Bank, directing the firm's international trading desk.

"As I have witnessed firsthand over the past three years at Instinet, our firm provides an extremely compelling value proposition to buyside clients in Asia, particularly as unbundling takes hold and the need for best execution is heightened," said Lesko. "With our agency-only model, advanced trading technology and talented team of trading professionals throughout Instinet's four Asian locations, I am truly excited by our opportunities and prospects for success."