Algomi recruits head of Asia-Pacific

06 January 2015 in COMPANY NEWS by Tim Binnington

London and Singapore, 6th January 2015 – Algomi, the network company providing information-matching solutions for the optimisation of fixed income liquidity, today announced the next step of its global expansion with the recruitment of Jesper Bruun-Olsen as its Head of Asia-Pacific operations. Jesper joins with immediate effect and will be responsible for establishing Algomi’s APAC presence in Singapore and Hong Kong in 2015, expanding the Algomi Honeycomb network to facilitate APAC bond market liquidity.

Previously, Jesper spent 11 years at Tradeweb from 2001 to 2012, most recently as Managing Director, Asia-Pacific. Jesper joined as part of the early team that established Tradeweb in Europe. In 2004 he was appointed to head up the company's expansion into APAC, initially based in Japan and later Hong Kong. Most recently, he held the position of Managing Director at OANDA in the region.

Before joining Tradeweb, Jesper was responsible for fixed income sales to international institutional investors at Nordea’s offices in Copenhagen and Tokyo. Prior to that, he held various positions trading and selling fixed income securities.

“Jesper’s experience of fixed income markets will be crucial when it comes to building out our business across the APAC region,” said Stu Taylor, CEO, Algomi. “APAC is a strategically important, diverse and exciting marketplace, and it is crucial to have an experienced individual on board, with practical expertise of operating across multiple jurisdictions as we move into the next chapter of our global growth.”

“Algomi’s trajectory has been very exciting to watch,” added Jesper Bruun-Olsen, Head of Asia-Pacific, Algomi. “As the size of the APAC corporate bond market has continued to grow significantly, we’ve also seen that there has been more emphasis placed on voice trading versus electronic. Algomi is well placed to help firms operating in APAC, and firms wanting to tap APAC market liquidity in their quest for increased velocity in regional bond markets.”

Jesper holds a degree in Commerce and Finance from Copenhagen Business School, and also participates in the European Commission sponsored Executive Training Programme (ETP) focused on conducting business in Japan.

In November 2014, Stu Taylor took part in a Mayor of London and UK Trade & Investment global roadshow in Singapore and Malaysia, which aimed to help London headquartered SMEs export to overseas markets, and promoted London as a Fintech hub.