Job wrap: Heavyweight moves in investment banking

eFC logo

There was no shortage of hiring announcements last week, where the weightiest fell in the world of investment banking.

Lazard hired Riccardo Pavoncelli, a veteran Morgan Stanley banker, as head of European cross-border transactions. Pavoncelli, who was head of banking in Italy and a co-head of its European media and telecom advisory group, will be based in London.

John Crompton, deputy UK head of Morgan Stanley, joined the British Treasury on a two-year secondment.

Bank of America hired Andreas Dombret as head of its German corporate and investment banking business. Dombret worked at Rothschild until March this year, when the independent bank asked him to take a sabbatical due to a lack of German M&A activity.

Royal Bank of Scotland hired Irenee May from JP Morgan as global head of hedge funds within its financial institutions relationship group.

Debt and fixed income: RBC hires Pomper

RBC Capital Markets hired Avril Pomper from Commerzbank as managing director and head of debt markets distribution for Europe.

Société Générale (SG) added two directors to its London-based European leveraged finance team. Peter Kay joins from Hypovereinsbank to focus on debt financing of Scandinavian leveraged buyouts. Mark Frenkenburg is relocating from SG's New York office to focus on LBOs in the UK and the Netherlands.

David Abrams, head of distressed debt at Credit Suisse First Boston (CSFB), moved from New York to London to manage a new operation targeting the German market.

Barclays Capital hired Kai Seeger from ABN Amro as a director in its credit derivatives team.

Equities: ING adds three analysts

ING hired three senior equity analysts, two from ABN Amro. Arnaud Goosens joins from ABN Amro as deputy head of Benelux small and mid cap stocks, based in Brussels. Marco Gulpers joins from ABN Amro as a director and senior analyst covering pan-European food sector stocks, based in Amsterdam. Andre Moons joins from CSFB as head of Benelux small and mid cap research, based in Amsterdam.

BNP Paribas hired Eric Le Brusq from SG as deputy global head for equities and derivatives sales.

Fund management, custody and investment consulting: ABN Amro hires Harris from Henderson

ABN AMRO Asset Management became the latest group to strengthen its consultant relationships arm last week. It hired Deborah Harris from Henderson Global Investors as European head of consultant relationships.

Separately, Insight Investments hired six new staff for its property business. Richard Walters joined from Legal & General Property on the industrial property investment fund. Veronica Gallo-Alvarez joined from Harbart Management Corporation as a director of European property. Oliver Swallow joined from Atis Real Weatheralls as an associate director. Simon James joined from GVA Grimley as an associate director. Joel Midda and Jessica Burnley join as assistant fund managers.

Fortis Investments hired Saker Nusseibeh, chief investment officer of global equities and head of business development at SG Asset Management. Nusseibeh joins as chief investment officer at Fortis' global investment centre in Boston.

Watson Wyatt hired two investment consultants to its manager research team. Leon Beukes joins from Hewitt's investment practice. Luba Nikulina joins from Anchorage Capital Partners. Both will work on hedge fund research and Nikulina will additionally work on private equity research.

BNP Paribas Securities Services hired Stephen Turner from Citigroup as head of global fund services product in Britain.

Jan Nijssen, global head of pensions at Dutch financial services group ING, left the company after 27 years. Tom Kliphuis, chief executive of ING Chile, will replace Nijssen.

JP Morgan Worldwide Securities Services hired Mark Tidy from Deutsche Bank as a vice president. This followed two hires to the Securities Services division in July.

Schroders hired Henrietta Jowitt from real estate consultancy Cushman & Wakefield Healey & Baker as head of marketing and communications.

Threadneedle Investments hired Roman Gaiswer from F&C Asset Management to its high-yield bond team.

Crédit Agricole Asset Management Immobilier hired Nicolas Simon from Henderson Global Investors as a senior vice president. Simon will join the executive committee and prepare a new category of collective property investment scheme known as OCPIs.

F&C Asset Management hired Scott Stevens from Deutsche Asset Management (DeAM) as head of institutional and retail marketing. Stevens occupied a similar position at DeAM.

Hedge funds and prime brokerage: Bear Stearns strengthens

Bear Stearns hired Stephen White from Merrill Lynch as senior managing director and a senior sales person in its London-based global prime brokerage team. White occupied a similar position at Merrill.

Henderson Global Investors promoted Kate O'Neill , former directory of operations and offshore products and head of European distribution, as director of hedge funds.

Private equity: Isis hires from 3i

Isis Equity Partners hired Henrietta Marsh, a 3i veteran, to head investment in junior stock market AIM.

Senior appointments: BNP poaches from Calyon

BNP Paribas hired Pascal Biville from Calyon as chief operating officer. Biville is the second hire from Calyon in six months after Pierre Lapomme joined in April to lead the US funds business.

Broking: Tradition takes team of nine

Tradition, the US money broker, poached a team of nine people from MIS Interdealer Brokers for a new European government bond team. The recruits include Iain Jackson, head of government bonds at MIS.

CBI and PricewaterhouseCoopers survey: Good times ahead

Finally, the latest quarterly survey from the CBI and PricewaterhouseCoopers paints a rosy portrait of financial services hiring. A net 29% of all respondents expect to add staff in the next three months, compared to -5% this time last year. The pinkish tint was particularly strong in securities trading, where a net 53% of respondents plan to add staff in the coming months. 76% of fund managers said they'd added staff in the past three months, but only 29% plan to hire more in the months to come. The survey was conducted in late August and covered 89 companies, including banks, building societies and insurance firms.

Popular job sectors

Loading...

Search jobs

Search articles

Close
Loading...
Loading...