Money Management

Rokos Capital Management appoints new CEO

Andrew Devenport was named CEO at Rokos Capital Management, a spokesman said.

Mr. Devenport will replace Nick Howard next month. Mr. Howard will remain at the firm and continue with his other responsibilities as chief risk officer, the spokesman said.

Mr. Devenport was previously CEO of charity group Youth Business International.

Rokos has $8.5 billion in assets under management.