Equity Trading Firm MKM Partners Appoints Ex-Deutsche Bank Exec as CEO

Fazzaco learned that MKM Partners, an institutional equity research, sales and trading firm headquartered in Stamford, today announced that Sagar Sheth will become the firm's Chief Executive Officer, effective immediately. 

In his new role, Sagar is responsible for creating, communicating, and implementing MKM's vision, mission, and direction across all business lines. He also focuses on evaluating opportunities for expansion, increasing the firm's visibility in the marketplace, and together with the Founders, overseeing the operations of the firm.

Sagar joined MKM Partners in 2014 as Managing Director & Head of Midwest Equities and was tasked to open the company's first Chicago office, which he successfully completed shortly after his arrival. He was soon promoted to Co-Head of Institutional Sales and then Chairman of the Operating Committee, roles in which he was able to improve the firm's overall business in the U.S., Canada, and Europe. In 2018, he was named President of MKM Partners. Sagar and the Management Committee have since led the firm to unprecedented revenues and profitability. Under his leadership, the company has focused on growing human capital to flourish a collaborative culture while also significantly increasing MKM's market share.

​Mr Sheth previously served as Director in the Global Markets Division of Deutsche Bank, and prior to that, he was a Director at UBS Investment Bank in the Equities Group. He also held positions as an Associate Quantitative Analyst at UBS Global Asset Management and as a Business Analyst at Morgan Stanley's Discover Financial Services Group. 

"It is my pleasure to welcome Sagar to the CEO role. His vision and passion for our business makes us beyond excited for the future of MKM Partners," Tom Messina, Co-Founder and Chairman of MKM Partners stated. "Sagar is one of the youngest CEOs on Wall Street with an incredible track record of delivering results and executing on our core competencies. He has a talent for creating opportunities for expansion, innovating our product lines, and developing meaningful experiences for our people and clients alike."

Sagar received an MBA from the University of Chicago Booth School of Business after graduating from the University of Michigan with a Bachelors in Economics. Sagar will be relocating to New York in connection with this newly appointed role.