Lowes hires co-founder of Investec’s structured arm

Lowes Financial Management has appointed co-founder of Investec’s structured product operation Sham Yapa as business development manager.

He will be based in London and will be the primary contact with structured product players, with initial responsibility for the development of online services. He will also bolster the investment management team as investment manager Melvyn Bell moves into retirement.

Yapa has eight years experience of investment markets, principally specialising in derivatives and structured products.

He joined Abbey National Financial Markets in January 2004 as an analyst and moved to the derivatives and structured product desk. Following the acquisition of Abbey by Santander in 2006, he and four other members of the team joined Investec to launch its structured product operation. He worked for Lowes on a six-month internship in 2003.

Lowes Financial Management managing director Ian Lowes (pictured) says: “Yapa will bring further strengths to the investment and structured products team at Lowes.”