Brian Meese, CEO and co-founder of TriOptima, will step down as group CEO, continuing as a non-executive director on the firm’s board. He will be replaced by executive vice president and co-founder, Per Sjoberg, from May 4, 2011. The provider of post trade infrastructure for OTC derivatives market will create two business lines. triReduce, the multilateral compression service, will be led by CEO Peter Weibel, while counterparty risk management service, triResolve, will be headed by CEO Raf Pritchard.
Click here for the release from TriOptima.