(Correct name in last paragraph to Nahar)
By Pratima Desai
LONDON (Reuters) -Commodity trader Radiant World has appointed Liam Brown and Louis McCauley as part of a hiring spree in Europe aimed at expanding its industrial and precious metals trading business after years of trading iron ore.
Brown previously worked at Mercuria, Goldman Sachs and hedge fund Millenium and is trading industrial metals at Radiant, while McCauley was at Citi and Credit Agricole and is trading precious metals.
Neither Brown nor McCauley responded to a request for comment.
Radiant in response to a request for comment confirmed Brown and McCauley had recently joined the company and that both were based in London. It declined to say what they would be doing or where they had previously worked.
Since Radiant hired former IXM co-head of metals trading, Adhitya Sethaputra, last June, the company has made seven hires in Europe, including one metals trader and one freight trader. Radiant also hired a metal trader in the U.S. and another in Singapore.
Radiant declined to give detail, but said “the company has made several hires in Europe, Singapore and the United States”.
Sethaputra is based in Switzerland. Commodity trader IXM is owned by Chinese miner CMOC Group.
UK-based Radiant is one of the world’s largest physical traders of iron ore, according to market sources.
Headquartered in the UK, Radiant is owned by Indian-born Pinkesh Nahar and has offices in Singapore, London, Geneva, Dubai, Shanghai and Stamford.
(Reporting by Pratima Desai; Editing by Louise Heavens)
