Paul Varotsis - Non-Executive Director
Over the past twenty years, Paul Varotsis has become one of the
most highly experienced and respected figures in Structured Credit.
He initiated Chase Manhattan's Credit Derivatives business in London
and then internationally in the 1990s. He then joined Lehman Brothers
and was head of CDOs at Barclays Capital. During that period he was
European Chairman of the ISDA committee that drafted the 2003 Credit
Derivatives Definitions, and advised the Bank of England and other
regulators to help develop a trusted credit derivative marketplace.
He is currently a partner at Reoch Credit Partners LLP.
Paul Varotsis said: “I have been greatly impressed by Codefarm's
impact on CDO structuring since they burst upon the scene three years
ago. Their use of evolutionary computing technology to automate CDO
structuring and enhance spreads is in itself a huge achievement and
shows huge potential for other structured credit products.”
Paul's previous positions include head of CDOs at Barclays Capital,
Executive Director in charge of Repackaging and Credit Derivatives
at Lehman Brothers, and head of Credit and Capital Management EAME
for the Chase Manhattan Bank. He holds an MBA from the Stanford
Graduate School of Business, a Diplome from the Institut d'etudes
politiques de Paris and a Diplome from the Institut Superieur de Gestion.
Paul speaks at conferences and seminars and has published numerous papers on the structured credit markets.