02/09/2010 Author: Shannon Hawthorne

Man appoints new COO following GLG deal

Emmanuel Roman has been appointed to the newly-created role of chief operating officer of Man Group following the approval of the acquisition of GLG by the firm’s shareholders.

Prior to the appointment, Roman held the role of co-CEO at GLG, focussing primarily on expanding the business, marketing, risk management, operations, technology and compliance.

“Since joining GLG in 2005, after 18 years with Goldman Sachs, Manny Roman has done a fantastic job in developing its business, alongside Noam and Pierre and the GLG Senior Advisory Group,” said Peter Clarke, chief executive of Man.

“I am delighted that Manny has accepted this new broader role, which will leverage his deep trading, operational and business management experience, right across the enlarged group.”

The GLG acquisition will also see Pierre Lagrange continue in his role of senior managing director of GLG, overseeing investment management and running GLG’s flagship European long short equity strategy, while Noam Gottesman will remain co-CEO of GLG with Emmanuel Roman and will run GLG’s global opportunity strategy.

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