Deutsche Hires Canada Commodities Chief
Deutsche Bank Securities said it hired Derek Davies from UBS as head of Canadian commodities in Deutsche's global markets division.
Based in Calgary, Alberta, he'll lead a unit that provides Canadian clients with access to the bank's global commodities business. Davies reports to Tim Sullivan, head of commodities sales and origination in North America.
Davies' most recent role at UBS was head of European power, gas, and emissions marketing. Prior to his role in Europe, he was a managing director in the Canadian gas and power marketing group at UBS, and previously spent seven years at Enron Canada.
Davies has a B.A. in cconomics from University of Calgary, an M.A. in cconomics from University of Guelph and an M.B.A from Queen's University.
