In his new role, Butterworth will lead State Street Global Market’s fixed income sales team and will be responsible for expanding its rates business with new and existing clients.
Butterworth joins State Street from Royal Bank of Scotland (RBS) where he spent seven years and most recently held the position of managing director, head of Flow Rates Sales, UK Funds and Hedge Funds.
Prior to RBS Butterworth worked at Goldman Sachs within the Fixed Income UK Fund Sales Desk.
Butterworth will be based in London and will report to Jon Thoresen, head of fixed income rates for Europe, Middle East and Africa, and Peter Turk, global head of fixed income sales.
State Street head of Global Services and Global Markets businesses in the UK, Middle East and Africa Steve Smit said they are delighted that Craig has joined State Street, he has a strong track record within fixed income sales.
State Street Global Markets launched its fixed income rates business in 2010. The business, which provides fixed income rates trading and sales coverage to institutional clients now has more than 60 front office professionals, primarily based in the UK and US.
