Element Re Capital Products has hired Vijay Raghavan from the risk and derivatives team at ABN AMRO as a senior v.p. heading up research and product development. Raghavan, who has already left ABN, starts at Element Re in about month and replaces Bob Henderson, who joined JPMorgan earlier this year.
Lynda Clemmons, president at Element Re in Stamford, Conn., said Raghavan brings a significant amount of experience in derivatives, new product development and risk management. In addition to product development, his role involves running the quant team and also making quant-generated theories and strategies intelligible to non-quants, said Clemmons. Calls to Sean Platt, a spokesman in Chicago, were not returned.
