Citadel Names Rohit D’Souza as CEO for the Firm’s Growing Capital Markets Business
Hire signals growth plans for Citadel as a major liquidity, technology, and financial services provider to the marketplace
CHICAGO--(BUSINESS WIRE)--Citadel Investment Group, L.L.C. today announced that Rohit D’Souza has joined the firm to lead and expand its growing capital markets business. Mr. D’Souza was most recently with Merrill Lynch, where he was Global Head of Equities and Alternative Investments, responsible for all trading and sales-trading activities for cash equities, equity-linked products, strategic trading and all of the global equity financing and services businesses.
“His track record of leading diverse, client-facing businesses puts us in a very strong position to evolve and grow this important platform over the near and long term.”
“Rohit D’Souza is an innovator and business builder who takes a collaborative and forward-thinking approach to creating broad market opportunities,” said Kenneth Griffin, CEO and Founder of Citadel Investment Group. “His track record of leading diverse, client-facing businesses puts us in a very strong position to evolve and grow this important platform over the near and long term.”
A diverse financial institution, the Citadel franchise includes an asset management business and a robust capital markets platform. Today the capital markets businesses execute and route more than 30% of average U.S. listed equity options trading volume, and more than 8% of average Nasdaq and NYSE equities volume. The capital markets platform also includes Citadel Solutions, a leading hedge fund administration business launched in 2007 that serves hedge funds with a total of more than $30 billion in assets under administration. Under Mr. D’Souza’s leadership, the capital markets business will serve and partner with a broad spectrum of institutions such as asset managers, banks, hedge funds, and technology providers.
“Citadel has built a significant and differentiated set of capital markets and technology capabilities,” said Mr. D’Souza. “We have an exceptional opportunity to leverage these assets and create a market-leading financial services franchise that will allow our clients and partners to dynamically grow their businesses in a rapidly changing environment.”
Throughout his career, Mr. D’Souza has created and executed growth strategies for major financial institutions. He has served as a key architect of many of the industry’s most successful trading platforms, and has been a pioneer in creating broad, client-focused product portfolios. Mr. D’Souza joined Merrill Lynch in 2004, and was a member of that firm’s Executive Management Team.
Prior he was head of North American Equity Trading at Morgan Stanley and also served with the Investment Technology Group (ITG). Mr. D'Souza graduated from Bethany College with a degree in mathematics and computer science.
About Citadel Investment Group, L.L.C.
Citadel is a diverse global financial institution focused on investment strategies and financial services. The Citadel group of companies employs 1,400 professionals worldwide in Chicago, London, New York City, Hong Kong, Tokyo, and San Francisco.
