The international derivatives exchange Eurex has appointed Vassilis Vergotis as an executive vice president for its offices in the US.

The international derivatives exchange Eurex has appointed Vassilis Vergotis as an executive vice president for its offices in the US.

As of 1 September 2009, Vergotis (pictured) succeeds Heike Eckert as manager of the Eurex offices in Chicago and New York.

In his new assignment, Vergotis will be responsible for relationship management with existing members and the acquisition of new customers as well as Eurex's business development in the Americas.

'Over the past three years Heike has again demonstrated her very strong leadership skills and proven ability to deliver outstanding results. Her dedication, work ethic and achievements have significantly strengthened Eurex's presence and growth in the US, and I look forward to her continued contributions as she assumes a new leadership role back in Frankfurt,' says Andreas Preuss, Eurex chief executive. 'I am confident that Vassilis will be able to build upon this successful work and continue to grow Eurex's business. He has been a committed member of our staff in Chicago since 2003, and his market expertise will serve us well in the next phase of our US growth.'

Eckert assumed responsibility for the management of Eurex's activities in the US on 1 January 2007. Before her assignment in Chicago, she held a number of leadership and project management positions within Eurex and Deutsche Börse which she joined in June 1995. She will continue her career within Eurex upon her return to Frankfurt/Main, Germany.

Vergotis has most recently been responsible for Eurex's sell side business development in the Americas. Prior to that, he held a variety of roles within Eurex including product development where he played an instrumental role in growing the exchange's European equity options business.