Radiant World, an Indian commodity trader, has hired Liam Brown and Louis McCauley to expand its industrial and precious-metals trading business. McCauley previously worked for Citi, Credit Agricole, and Goldman Sachs, and Brown traded industrial metals.

No response was received from McCauley or Brown to an inquiry for comment.

Radiant confirmed in response to an inquiry for comment that McCauley and Brown had both recently joined the firm and were both based in London. The company declined to reveal what their job would be or where they previously worked. Radiant has hired seven people in Europe since it hired AdhityaSethaputra last June. One of them is a metals trader, and the other one a freight trader. Radiant has also hired metal traders in the U.S., and in Singapore.

Radiant did not provide any details, but stated that "the company has made a number of hires in Europe and the United States".

Sethaputra has its headquarters in Switzerland. Commodity traders IXM are owned by Chinese mining company CMOC Group.

According to sources, Radiant UK is the largest physical trader of iron ore in the world.

Radiant, a UK-based company, is owned by Indian Pinkesh Nair. It has offices in Singapore and London, Geneva and Dubai, Shanghai, Stamford and Singapore. (Reporting and editing by Louise Heavens; Pratima Dasai)

(source: Reuters)