OREANDA-NEWS. March 3, 2011. Renaissance Capital, the leading emerging markets investment bank, announces the hire of six senior traders to continue the build-out of its Global Cash Equities team.

The new additions to the team will be based in New York, London and Johannesburg, rounding out the trading function at the Equity Product Group.

“We are pleased to attract such high-calibre professionals to Renaissance Capital,” said Yonatan Gozdanker, Global Head of Cash Equities, Equity Product Group, at Renaissance Capital. “Our domination of capital flows between the important emerging markets in Asia, Africa and Russia and the CIS will be further enhanced by our new team.

Joining Renaissance Capital are:

Payam Akhavan-Malayeri as Global Head of Cash Equities Trading, based in London. Mr. Malayeri will be responsible for the management of the cash equities trading team globally, trading management, risk management and the cross-selling of Renaissance Group’s product offering. Mr. Malayeri joins from Citigroup in London, where he was Co-Head of CEEMEA Trading. He has also worked at Goldman Sachs and Merrill Lynch.

Scott Duxbury as Head of ADR Trading, based in New York. Mr. Duxbury is a 20-year veteran of Merrill Lynch, most recently as Director, Equity Trading, for Bank of America Merrill Lynch. He will be responsible for trading emerging market equity products and ADRs across Canada and the Americas.

Stuart McSporran as Head of Resources Trading, a new position based in London. Mr. McSporran will be responsible for trading agency and principal London-listed resources. In addition, he will be responsible for market making in selective London-listed Russian blue-chip stocks with an increased resource sector focus. Mr. McSporran was previously an Emerging Markets Trader at Citigroup. He has also worked at Goldman Sachs and Ernst & Young.

Cameron Macklinas Equity Arbitrage Trader, based in Johannesburg. Mr. Macklin joins Renaissance Capital from Consilium Capital, where he managed an arbitrage hedge fund. Prior to that, he ran 4M traders, a specialist brokerage executing hedge fund business.

John Seheri,as Equity Trader based in Johannesburg. Mr. Seheri joins Renaissance Capital from Noah Financial Innovation. Prior to that, he worked at Macquarie, CSFB and Standard Corporate Merchant Bank.

Grant Naderas Derivatives Trader, based in Johannesburg. Mr. Nader joins Renaissance Capital from Investec Bank with strong expertise in all areas of equity derivative trading, as well as experience in equity derivative structuring and sales. Prior to Investec, Mr. Nader worked at  Nedbank.