Newedge appoints COO for the Americas


Newedge, the global prime brokerage joint venture between Société Générale and Calyon, has appointed Jean-Luc Savignac as chief operating officer for the Americas.

Savignac most recently served as a project leader for the team overseeing the integration of Calyon Financial and Fimat, which merged to form Newedge in January 2008. Prior to the merger, Savignac was managing director of new products and business initiatives. As COO for the Americas, he will oversee operations, information technology, risk, business logistics and project management.

He replaces Tom Kloet, who left Newedge to become chief executive officer of TSX Group in Canada.—CS