StanChart Names Replacement For Global Options Chief Hicks

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Standard Chartered has named its chief FX options dealer, Ross McDonald, as the new global options chief, following the departure of Alan Hicks at the end of this month, says John Maxwell, global head of treasury. Hicks, who is leaving the markets, was responsible for trading FX options globally at the two centres based in Singapore and London and reported to Maxwell.

Maxwell says the parting is "an amicable one" and he was sorry to see Hicks leave. "Hicks has fulfilled the role which he came