(Adds Bank of America, RBC, Russell Investments, ABA, SCBT)
Aug 4 The following financial services industry
appointments were announced on Tuesday. To inform us of other
job changes, e-mail firstname.lastname@example.org.
BANK OF AMERICA CORP (BAC.N)
Merrill Lynch brokerage head Daniel Sontag is retiring from
Bank of America Corp. Sontag, named head of Merrill's network
of financial advisers just five days after the Charlotte, North
Carolina-based bank bought Merrill on Jan 1, was a 30-year
veteran of the firm. [ID:nN04157379]
RBC CAPITAL MARKETS
The investment banking unit of Royal Bank of Canada
appointed Henry Michaels, Jerry Wiant and Sean Burke to its
U.S. investment banking financial institutions group (FIG).
Michaels will serve as co-head of the group, alongside
Wiant will co-head RBC's U.S. depositories group, along
with RBC managing director Richard Quad, while Burke will join
as a managing director.
Most recently, Michaels, Wiant, and Burke worked at
The financial services company named Katie Beavan as global
chief human resources officer. She will report to Russell's CEO
and will also serve as a member of the firm's executive
committee and global leadership forum.
Prior to joining Russell, Beavan was a senior equity partner at
Robert H. Schaffer & Associates.
KOHLBERG KRAVIS ROBERTS & CO
The private equity firm named Michael DeNoma, a former top
executive at Standard Chartered Bank Plc (STAN.L)(2888.HK), as
a senior adviser.
DeNoma was chief executive of Standard Chartered's global
consumer bank from 2000 to 2008 and was also a group executive
director and head of strategy. [ID:nN03544944]
AMERICAN BAR ASSOCIATION
Miami lawyer Stephen Zack, a partner in the law firm Boies,
Schiller & Flexner, was elected as president-elect of the
American Bar Association.
Zack will serve one year as president-elect before taking
office as president in August 2010.
His one-year term as ABA president-elect is effective
SOUTH CAROLINA BANK AND TRUST SCBT.OQ
The financial group named Greg Lapointe as senior vice
He will be responsible for statewide business development
and will serve as the economic development liaison for the bank
with economic development organizations throughout the state.
Prior to joining South Carolina Bank and Trust, Lapointe
was the midlands market president for Wachovia.
The provider of tax services appointed Mark Everson as vice
chairman. Everson was commissioner of the U.S. Internal Revenue
Service from 2003 until 2007.
MUNICH RE GROUP (MUVGn.DE)
Munich Re America, a unit of the German reinsurance
company, promoted John Asturia to president of the Regional
Clients division. Prior to that he was head of facultative
The financial services company appointed Paul Ackermann as
vice president of currency select sales for North America.
Previously, he was head of sales for North America in
Travelex's outsourcing division.
MUDRICK CAPITAL MANAGEMENT LP
The New York-based investment firm launched its Mudrick
Distressed Opportunity Funds, Jason Mudrick, the firm's founder
and chief investment officer, said. Before founding his own
firm, Mudrick was with Contrarian Capital Management.
(Reporting by Brenton Cordeiro in Bangalore, Svea
Herbst-Bayliss in Boston, and Juan Lagorio in New York)