Adair Turner to join Schroder Wagg

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Turner will first take a nine-month sabbatical to write a book. His appointment will give Schroder Wagg another vice-chairman alongside Robert Swannell. Turner, who headed the CBI since 1995, was previously a director at consulting firm McKinsey & Co. He has also worked at Chase Manhattan Bank and British Petroleum. Rijkman Groenink is to replace Jan Kalff (62), who is retiring, as chairman of ABN Amro in May next year. Groenink joined the then Amro Bank in 1974 and became an ABN Amro board member in 1990. He is currently chairman of the Dutch division of the bank. David O'Connor is to join Donaldson, Lufkin & Jenrette International as senior vice-president and head of foreign exchange. He will be responsible for building DLJ's foreign exchange business in Europe and will report to Ken Gettinger, global head of foreign exchange in New York, and James Alexandre, president and chief executive of DLJ International in London. He joins from Merrill Lynch in London where he was a director in foreign exchange sales since 1997. Paul Bigler has been appointed managing director and treasurer for Deutsche Bank in London. He will report to Detlef Bindert, Deutsche Bank's group treasurer. Bigler has more than a decade of treasury and capital markets experience. Most recently he was global head of money markets and regional treasurer for the Middle East and Africa at ABN Amro. Before that he spent 10 years at Citibank, his last assignment being to establish Citibank's presence in South Africa. At Deutsche he will be responsible for managing liquidity and capital levels for all Deutsche Bank businesses in London and the interest rate risk deriving from maturity mismatches in the local portfolios of customer loans and deposits. Michael Northeast has been appointed chairman of the Association of Corporate Treasurers to serve for two years after the present chairman, David Cromwell, steps down. Northeast is finance director of Kuwait Petroleum Benelux. Colin Duggleby has been appointed a director of RFC Mortgage Services, a newly-created role to reflect the continued growth of the company in the mortgage sector during the past year. He joins from Halifax where he held a number of managment positions and subsequently became managing director of Halifax Loans. RFC has also appointed Glen Herbert as a director of credit and risk. He joins from Alliance & Leicester, where he has been head of mortgage policy and risk since 1990. Eileen Rominger has been appointed to the investment management division of Goldman Sachs as managing director and chief investment officer of the US value team. She will report to Roch Hillenbrand, head of global active equity for the investment management division. Rominger joins Goldman after 18 years at Oppenheimer Capital where she was most recently a managing director and member of the executive committee. Jeffrey Volk has been appointed managing director of the global agency and trust services division of Citibank Worldwide Securities Services. Volk has been with Citibank for 24 years.

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