Oppenheimer & Co. hired Lucila Broide from Fitch Ratings Ltd. to head Latin American sovereign research, according to a person familiar with the move.
Broide, who was a sovereign ratings analyst at Fitch in New York, began at Oppenheimer on June 16 and will report to fixed-income research co-heads Colleen Burns and Hoai Ngo, said the person, who asked not to be identified because he isn’t authorized to speak publicly on the matter.
Broide’s hiring comes after the departure of Carl Ross, who focused on Latin America as a managing director, to Grantham Mayer Van Otterloo & Co., and as New York-based Oppenheimer expands its presence in emerging-markets fixed-income sales and trading. In June 2013, the firm said it hired five people for emerging markets, including Michael Bellero, Alex Gutierrez, and Ken Lockyer as managing directors on the New York sales desk.
Broide joined Fitch in 2011, where she was primary analyst for Argentina, Canada, Costa Rica, Guatemala and Panama. She worked at Merrill Lynch & Co. from 2003 to 2009 in both equity and fixed income analyst positions.
Trevor Middleton, a spokesman for Oppenheimer, didn’t return a voicemail seeking comment. Broide didn’t respond to an e-mailed request for comment.
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