Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) today announced that Daniel Staniford has been promoted to President, acting on behalf of RJO and all of its global affiliates and related entities, including JVMC Holdings Corp., its parent company.

Mr Staniford will also retain his role as RJO Chief Sales Officer, continuing to report to Gerald Corcoran, Chairman and CEO of RJO, acting on a group-wide basis. The promotion is effective immediately. The position of President has not existed at the company since 2009, and the firm’s global presence now includes affiliates and offices in the UK, Dubai, France, China and Canada.

Mr Corcoran commented:

“Dan has injected into our global sales efforts an unparalleled drive for excellence, always applying his deep knowledge of the markets and a profound sense of integrity. Over the past five years, he has proven to be a strong and decisive partner, committed to growing the company, building a best-in-class sales organization and reinforcing our unique culture. It was clear to me and our Board that Dan has earned the respect of our talented staff and is ready to join me in leading the entire firm as we continue our strategic, global expansion.”

Mr Staniford said:

“I’m both excited and humbled to take on this new leadership opportunity on behalf of one of the most iconic firms in the business. One of my highest priorities as I continue to lead our exceptional global sales team will be a focus on driving top-line revenues for both long-established as well as emerging business lines throughout our organization.”

Mr Staniford assumes the role of President with nearly 25 years of experience in sales and management at some of the world’s leading banks and financial services institutions. He joined RJO in 2016 as Executive Director, in charge of the firm’s institutional business development in New York and London. He was promoted in May 2019 to the expanded role of Chief Sales Officer, overseeing global sales as well as RJO’s Marketing organization, charged with ensuring the external brand and presence is aligned with sales strategies.

Prior to joining RJO, Mr Staniford spent 13 years at Citigroup Global Markets, serving ultimately as Managing Director, Rates Sales. He spent the first seven years of his career at Brown Brothers Harriman & Co., where he became a Vice President in the Commodities Lending Department.

He earned a Bachelor of Science degree at Trinity College in Hartford, Connecticut, and an MBA in Finance from Columbia University in New York.