Clear Street Names Puneet Pardasani Global Head of Institutional Sales and Sales Trading | LeapRate
Clear Street, the cloud native financial infrastructure technology firm, has appointed Puneet Pardasani as Global Head of Institutional Sales and Sales Trading, the company announced Wednesday.
Pardasani will lead Clear Street’s institutional sales and sales trading functions and expand the firm’s distribution strategy across its institutional client base. He will report to John DiBacco, Head of Markets. As part of the move, Clear Street is realigning several Markets teams, including Securities Financing, Derivatives, Swaps, High Touch Execution, Low Touch Execution, Crypto, Research, Corporate Access, Events and Special Situations, to report directly or on a dotted line to Pardasani.
DiBacco said Pardasani has spent his career building distribution engines that connect sophisticated investors to global markets, adding that his arrival unifies institutional sales, sales trading and distribution under one system.
Pardasani brings more than two decades of experience in cross asset distribution. He joins from Bank of America, where he was Global Head of OneTouch, Cross Asset Distribution. He previously spent nine years at Goldman Sachs.
Clear Street also announced additional senior hires. Allan Amitay joins as Managing Director, Multi Asset Sales, after 15 years at Goldman Sachs. Scott Block joins as Managing Director, Sales Trader, arriving from Bank of America.
The firm also recently added clearing veterans Vito Laurenzano and Lou Caramanica as Managing Directors under Chris Tufano, Head of Clearing, supporting the company’s broker dealer clearing expansion.
The appointments underscore Clear Street’s continued investment in its institutional platform amid growing demand for modern market infrastructure.
