StoneX hires Credit Suisse veteran Tom Davitt to head sales of Structured Products
“Thomas is a highly recognized name in the industry, is well respected amongst his peers, and has an extensive network.”
StoneX Group has hired Tom Davitt as Managing Director of Structured Products Sales, with a principal focus on growing the business within Structured Credit and Structured Products.
As part of his role, he will oversee a variety of clients ranging from money managers, hedge funds, private equity firms, banks, and other entities.
Tom Davitt will be reporting to Matt Kirstein, Managing Director – Head of Agency & Non-Agency Structured Product Sales at StoneX Group.
Managed relationships with top tier institutions for decades
The new hire at StoneX Group is an industry veteran with more than 30 years of experience, having worked in partnership level positions at Prudential Securities. He was most recently at Credit Suisse, serving as Managing Director and concluding a twenty-year tenure at the firm.
In his career, he has been responsible for managing relationships with top tier financial institutions nationwide and trading a full suite of structured credit products.
Robert LaForte, Co-Head of Global Fixed Income at StoneX, commented: “We are honored to have a professional of Thomas’s caliber join our rapidly growing team at StoneX. Thomas is a highly recognized name in the industry, is well respected amongst his peers, and has an extensive network.”
Anthony Dicollo, Co-Head of Global Fixed Income at StoneX, continued, “The addition of Thomas bolsters the strength of the best-in-class team we have assembled as we continue to build out the Structured Credit group at StoneX.”
Tom Davitt, Managing Director of Structured Products Sales at StoneX, added: “I was drawn to StoneX due to their emphasis on client success and the entrepreneurial nature of the business. I am excited to join this industry leading team and cement StoneX as a leader in Structured Credit.”
StoneX launched an institutional credit offering in Asia
StoneX has recently launched an institutional credit offering in Asia that will provide APAC clients with trading and execution advisory services and cross-border facilitation across the entire credit spectrum.
To expand the global debt capabilities of its fixed income group into the Asia-Pacific (APAC) region, StoneX has established a fixed income sales and trading desk in Singapore and has plans to expand to Australia and Hong Kong.
StoneX’s new desk in Singapore will be in charge of unlocking the full potential of the group’s global distribution network, serve clients on a 24-hour basis, and maximize pockets of credit liquidity in times of volatile rates against an adverse macro backdrop.
