Sucden Financial strengthens Senior Management Team

Monday, October 26, 2015

Sucden Financial Limited announces new senior management appointments including two newly created roles, Managing Director and Group Compliance Officer. Marc Bailey joins as Managing Director, Toby Osborne has been appointed as Finance Director, and Alexander Culley has been promoted to Group Compliance Officer.

With over 30 years’ experience in capital markets and commodities, Marc Bailey has extensive knowledge and experience of both OTC and exchange traded derivatives. Marc’s past roles include President of Jefferies Bache and prior to that he was Managing Director and Chairman at Bache Commodities Limited. Other tenures include COO and Director of Business Development at Cargill Investor Services, Director of Business Development at the London Stock Exchange, and Executive Director at CIBC. His experience also includes working as a trader on the LIFFE floor and for JP Morgan, as the senior officer responsible for the floor trading team. 

Marc Bailey

Marc Bailey

Toby Osborne takes over from Robert James who retires at the end of October, following 15 years with the company. Toby has extensive knowledge and experience in risk governance and compliance, gained from his previous post as Chief Financial Officer at Czarnikow Group Limited, which he held for seven years and prior to this as Finance Manager and Project Accountant with the firm.  Other tenures include roles with Caterpillar Inc, Sterile Theatre Services and Ernst & Young.

Toby Osborne

Toby Osborne

Sucden Financial has also promoted Alexander Culley to a new role of Group Compliance Officer.  Alex joined Sucden Financial in 2013 and has been the responsible officer for FATCA reporting and is heavily involved in ensuring the firm adheres to the new EMIR regulations concerning derivatives, central counterparties and trade repositories. His career in compliance began at an equity registration and share dealing business in Ireland before moving to the City of London in 2007, when he joined LME Ring Dealing Member Triland Metals Limited then later Allan Investment Management LLP in 2010, before consulting to various hedge funds.

Michael Overlander, Chief Executive, Sucden Financial Limited said; “The appointments mark a new chapter for the firm, positioning the company for its next stage of growth. Marc and Toby will play vital roles in working with me and the other directors at Sucden Financial to manage and further develop our brokerage activities. 

“The environment in which we operate will continue to change with greater regulatory obligations. Compliance is a vital part of the business, protecting both our clients and the company, and I am confident that with Alex’s appointment we will continue to ensure we remain fully compliant with all our existing and future regulatory obligations.

“Robert James’ contribution to the company during his time with us has been broad and extensive and we wish him all the best in his retirement.”

Marc Bailey, Managing Director, Sucden Financial Limited said; “I am delighted to join Sucden Financial. The firm has a strong and established reputation in the commodities and foreign exchange arenas and I am looking forward to drawing on my experience to grow the business further.”

Toby Osborne, Finance Director, Sucden Financial said; “I am looking forward to working closely with Michael to ensure that the firm’s business continues to be run in an efficient and compliant fashion, in order to preserve the prudential status of the company and maintain its capital structure for future growth.”

About Sucden Financial

Sucden Financial is a leading international derivatives broker providing access to a broad range of markets, including exchange and OTC traded products, as well as equities, foreign exchange and bullion.

Formed in 1973 as the London brokerage arm of Sucres & Denrées (Sucden Group), the firm has since evolved into one of the largest brokers for traders, fabricators, producers, consumers, investment houses, hedge funds, commodity firms and retail brokers.

Sucden Financial is a Ring Dealing/Category 1 member of the London Metal Exchange (LME) and provides clients with fast, direct access to global markets.

All senior appointments to Sucden Financial Limited are subject to approval by the Financial Conduct Authority.
Based in the heart of the City of London, Sucden Financial has offices in Moscow and a subsidiary in Hong Kong (Sucden Financial (HK) Limited).

Sucden Financial Limited is authorised and regulated by the Financial Conduct Authority (FCA).
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