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REUTERS NEW HEAD OF TRADE AND RISK MANAGEMENT FOR ASIA TAKES UP APPOINTMENT

London – Reuters (LSE: RTR; NASDAQ: RTRSY) new head of Trade and Risk Management for Asia has taken up his appointment. John Palmiero has worked in the region for over a decade and is a specialist in applying international technology onto local banking environments.

John has previously worked for Misys and Knight Ridder amongst others. He is married with two teenage children, and in his spare time enjoys running marathons.

John Palmiero, Head of Reuters Trade and Risk Management Asia, said: “Reuters has an exciting suite of risk products ideally suited to use in the Asian banking sector. The products are already gaining a dedicated following in Asia and I’m looking forward to capitalising on that further.”

Andrew White, Global Head, Reuters Trade and Risk Management said: “John brings over twenty years of experience gained with high profile public companies across all aspects of the banking software industry, including eleven years in the Asia Pacific region. He will lead Reuters Trade and Risk Management business in Asia with full accountability for profit and loss contribution, operations and customer satisfaction.”

Also moving to Asia from Reuters Financial Software in Paris will be Karen Schuppe. Karen takes on a new role as Regional Head of Business Development reporting to John.