Identity of Mizuho risk management exec who fell to his death whilst at work revealed; had money worries

It is always extremely unfortunate when our otherwise highly interesting industry suffers a loss in the form of human casualty. Although thankfully very rare, there are times when life’s pressures can be too much, as depicted by the fall of a bank executive from the fifth floor of the offices of Japanese financial institution Mizuho […]

Identity of Mizuho exec who fell to his death revealed

It is always extremely unfortunate when our otherwise highly interesting industry suffers a loss in the form of human casualty.

Although thankfully very rare, there are times when life’s pressures can be too much, as depicted by the fall of a bank executive from the fifth floor of the offices of Japanese financial institution Mizuho Financial Group, Inc. (TYO:8411) at Bracken House in Cannon Street, London on November 26 this year to the horror of his colleagues who bore witness to this tragic event.

Yesterday, the identity of the person involved was revealed as Pierre Gurdal, a 42-year old risk management specialist who had worked within Mizuho Bank’s Fixed Income, Market Data and Risk Management divisions.

Mr. Gurdal, who spoke English, Japanese and French, was of Belgian and Japanese descent, and had worked at Deutshe Bank, where he supported the electronic trading platform for a year, as well as at Daiwa Securities Capital Markets in Tokyo where he was a Product Controller which involved the monitoring of trading limits.

Bracken House Mizuho
Mizuho headquarters at Bracken House, Cannon Street, London where Mr. Gurdal fell t his death on November 26

In Europe, Mr. Gurdal had spent 2 years at BTMU as EMEA Market Risk Manager until July 2014 when he joined Mizuho in London as an administrator within the operational risk control group, which is part of Mizuho’s Europe Systems and Operations Division.

According to various reports, the Police had investigated the matter and ruled out any suspicious activity.

It is suspected that Mr. Gurdal took his own life, and that he had been suffering financial difficulties for some time.

Mr. Gurdal, along with his partner, had moved out of a small rented apartment in a basement in Baker Street in London’s West End in July last year, which was the same time that he left BTMU, and according to his former landlord, Jim Wroe, who was in the process of renovating a property, Mr. Gurdal had approached Mr. Wroe and asked if he could employ him.

Mr. Wroe yesterday said

“I was doing up a property. He asked me if I could give him a job —any job — including building work, which I thought was very strange coming from someone who was used to working in banking.”

“I didn’t have anything for him but I felt bad for him, he obviously had money worries. He did seem very down.”

Mr. Wroe, who is now retired, has experience with these matters, as he spent his career as a mental health expert for local authorities across the United Kingdom.

Mr. Wroe spoke highly of Mr. Gurdal, saying

“He was always well-dressed and polite. I just feel terribly sorry for his family. He was a lovely guy, very gentle. He was very fit and his flat was filled with running trophies. He had always been a good tenant.”

Mizuho Bank paid tribute to Mr. Gurdal by making a corporate statement as follows:

“Although he had only been employed for a little over a year Pierre was well-liked and respected by his colleagues. We remain deeply saddened and shocked at the loss. Our thoughts are with his family and friends.”

Featured image courtesy of the Evening Standard

 

Read this next

Crypto Insider

What Investors Need to Know About Bitcoin Halving

One of the most important events for every Bitcoin user and investor is upon us.  The event known as halving plays a pivotal role in the Bitcoin system, and it will affect its value, as well as supply and demand.

Web3

Binance Launches ‘Megadrop’: A New Portal to Web3 Projects Offering Valuable Advantages

Explore the innovative Megadrop platform on Binance, offering early access to new Web3 projects and a chance to earn unique rewards.

Industry News

Exegy, ING, and Optiver join ESG non-profit Sustainable Trading

“Their participation further strengthens our collective efforts to drive positive industry change and greater sustainability in the global markets trading industry.”

Institutional FX

HKEX to launch near 24h derivatives trading platform by 2028

“The launch of ODP will strengthen HKEX’s capability to support the needs of global investors, and cement Hong Kong’s leading position as Asia’s risk management centre and an international financial centre.”

Fintech

Quadcode SaaS launches white label brokerage platform

The team at Quadcode includes Kirill Bolotov, CEO of Quadcode SaaS, as well as Vitaliy Makarenko, Chief Commercial Officer, overseeing commercial strategies and development. Yuri Zorin holds the position of Chief Technical Officer, responsible for the technical direction and innovation at Quadcode.

Digital Assets

Centroid adds BlockFills’ digital asset liquidity into Centroid Bridge

The liquidity provision by BlockFills is most beneficial to OTC desks, exchanges, payments firms, proprietary trading firms, and brokers. 

Retail FX, Uncategorized

Interactive Brokers launches CFD products in Japan

Interactive Brokers has expanded its suite of investment options for Japanese clients with the addition of CFDs on US stocks.

Market News

USD and GBP Trajectories Amidst Shifting Economic Tides

Recent developments in the currency markets depict contrasting trajectories for the US dollar (USD) and the British pound (GBP). While the USD continues its upward trend, bolstered by a series of positive performances, the GBP finds its footing amidst a backdrop of mixed economic indicators. 

Retail FX

Vantage launches brand new podcast on Spotify

The podcast is hosted by Jamie Dutta, Global Market Analyst at Vantage, who will deliver 10-15 minute monthly episodes, covering a wide range of pertinent topics including the circular economy, AI’s role in shaping the future, the santa rally, safe-haven assets, and more. Each episode aims to equip traders with valuable knowledge and actionable insights to build on their trading endeavors.

<