Singapore, September 16, 2003 — IDEAglobal, the leading provider of independent investment research, today announced the appointment of Paul Thrush as Chief Operating Officer. He will be responsible for the management and development of IDEAglobal's business worldwide. Mr Thrush has over 25 years of trading, banking and business experience and has managed global businesses for several of the world’s leading investment banks. Mr Thrush will be closely involved in current and future strategic alliances, in addition to running IDEAglobal’s business units. Mr Thrush will report directly to Dr Shandi Modi, Founder of IDEAglobal.
"Paul Thrush's abilities in the global financial markets have generated significant, tangible success for some of the biggest players," says Shandi Modi, Founder of IDEAglobal. "Under his operational leadership, IDEAglobal will further enhance its product lines and its talent pool, and create new business through strategic alliances, particularly in the buy-side and hedge fund communities."
Mr Thrush brings significant financial industry experience. Prior to his appointment at IDEAglobal, Mr Thrush held the position of Managing Director and Global Head of Foreign Exchange at Barclays Capital for five years, Global Head of Foreign Exchange at Bank of America (Nations Bank prior to its merger) for two years and Managing Director at UBS for five years. He also worked at Citibank for ten years and the Bank of Montreal for four years.
"IDEAglobal is an industry leader dedicated to meeting market demand for innovative, high quality research solutions," says Mr Thrush. "Throughout my career, I have found IDEAglobal to be a sought-after supplier of market intelligence for trading floors in the sell side. In my new role, I will focus on adding several new product and service initiatives for the credit markets and equities, as well as focusing on servicing the needs of the buy-side – the world’s leading asset managers, insurance companies and corporates. This will allow us to form new partnerships and alliances, as well as providing superior services to our sell side customers."
About IDEAGlobal
IDEAglobal is a global leader in providing up-to-the-minute news, views and analysis to financial institutions world-wide. It has offices in New York, London and Singapore and over 30,000 regular readers in more than 1,100 dealing rooms. IDEA research is read by 26 of the world's central banks, major hedge funds, and 46 of the world’s top 50 financial institutions. Its advisory board includes Dr Helmut Schlesinger, former president of the Bundesbank, and Mr Ng Kok Song, managing director of the Government of Singapore Investment Corporation.
IDEAglobal was founded in 1989 by Shandi Modi to provide fully-integrated economic, political and market analysis on major and emerging markets for major financial institutions. It enjoys an exclusive relationship with the London School of Economics for research on Asia, Latin America and Eastern Europe.
Contacts:
In Singapore:
Lindsay Coburn
(656) 332 0731
lcoburn@ideaglobal.com
In the United States:
Dora Vardis
(212) 271 0775
dvardis@ideaglobal.com
In Europe:
Hilary Fraser
(44) (0)20 7664 0233
hfraser@ideaglobal.com
