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People moves news

Mehtap Dinc leaves Eurex executive board


27 September 2018 Frankfurt
Reporter: Brian Bollen

Generic business image for news article
Image: Shutterstock
Mehtap Dinc, a member of the executive board of Eurex Exchange and head of fixed income and equity index derivatives product development at Deutsche B枚rse Group, has resigned.

The resignation follows Eurex鈥檚 decision to combine the sales and product design functions for equity index and for fixed income derivatives.

Dinc led product development for many years and it is understood that while she was offered a role in the new set-up, she declined to accept it.

Eurex said the new structure builds on its integrated value proposition and links into the set-up of many clients鈥 trading operations.

According to Eurex, bundling exchange-traded and over-the-counter (OTC) products under individual asset class leadership will enable it to strengthen its holistic product and service offering.

Since 1 September, Michael Peters, deputy chief executive of Eurex Exchange, has led the equity and index derivatives business while Erik M眉ller heads the fixed income, funding and financing activities in his role as CEO of Eurex Clearing.

Eurex CEO Thomas Book said: 鈥淯nder Mehtap Dinc鈥檚 leadership, Eurex was able to make substantial progress in taking advantage of new growth opportunities globally and in establishing new product areas such as MSCI derivatives.鈥

He added: 鈥淒inc is an outstanding industry expert with deep knowledge of the global derivatives markets. I cannot thank her enough for the huge achievements that she and her team have made over the past years. Eurex鈥檚 product development is the most innovative in the world, and we will build on this success.鈥
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