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Flashpoint's Rayat upgraded to MD

From GM to director to MD

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Sukh Rayat, the personable general manager of SEI Macro's components distribution arm Flashpoint, has been promoted to managing director of the unit. Rayat was general manager of the division when it started in 1994. He will have profit and loss responsibilities for Flashpoint, which had a turnover of $100 million last year. He will also look after the company's future strategies. He said: "Flashpoint is experiencing tremendous growth thanks in part to key franchise lines such as Cyrix, ATI and AMD." At the same time, Flashpoint announced it has created two distinct divisions -- Distribution and International Trading. Rayat has appointed Raj Suman as the distribution sales manager, while James Norris is now international trading sales manager. James Monjack will be business development manager. ®

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