European and APAC chief operating officer Raj Paranandi is leaving MarketAxess, the company has confirmed.
Paranandi has been in the role since March 2021. Before this, he spent a decade at UBS in senior roles including global chief operating officer for FX, rates and credit, and later global head of change and co-head of digital transformation.
Over his more than 25 year career, Paranandi also held senior positions at Barclays and Credit Suisse.
A replacement for Paranandi has not yet been announced.
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