Dec 17 The following financial services industry
appointments were announced on Tuesday. To inform us of other
job changes, email to email@example.com.
EUROPEAN CENTRAL BANK
Germany will propose Sabine Lautenschlaeger, a vice
president at the German Bundesbank, to take the board seat at
the European Central Bank that is being vacated by Joerg
Asmussen, according to two sources familiar with the matter.
Asmussen announced on Sunday that he would be returning to
Berlin after just two years on the ECB's six-member executive
board to become state secretary in the labor ministry.
ROYAL BANK OF SCOTLAND PLC
The Scottish bank announced several senior appointments in
South Korea. Bryan Park, who rejoined RBS from HSBC Korea, was
appointed head of international banking for Korea.
Shyong Lee, who relocated from RBS Tokyo, was hired as the
head of transaction services for Korea. Joo Hyun Oh was
appointed head of debt capital markets for Korea.
The investment vehicle of Saudi Arabia's Prince Alwaleed bin
Talal named Mohammed Fahmy as its new chief financial officer.
Fahmy replaces Shadi Sanbar, who is retiring from the position
this month to act as senior financial adviser to the prince. He
will remain on Kingdom's board.
GULF FINANCE HOUSE
The Bahrain-based investment firm, which has restructured a
number of debt facilities since the financial crisis, confirmed
Hisham Al Rayes as chief executive. Rayes had been the firm's
acting CEO since March 2012.
ARBUTHNOT LATHAM & CO LTD
The London-based private bank said it appointed Clara
Gandelman Vila as a senior private banker with the executives
team, effective immediately.
Vila, who joins Arbuthnot Latham from UBS Wealth Management,
will be responsible for advising and managing the wealth of
senior executives and financial market professionals.
MIZUHO INTERNATIONAL PLC
The London-based securities and investment banking arm of
Mizuho Financial Group said it appointed Guy Reid as
managing director, head of European debt syndicate. Guy will
report directly to Mark Wheatcroft, who heads the European
primary debt markets team.
The Geneva-based investment advisory company said it
appointed Marion Hovhannessian as head of sales to cover
institutional and qualified investors for Switzerland and
CONVERGENT WEALTH ADVISORS
The wealth manager has hired Richard Wells as managing
director. Wells, who had worked at Fisher Investments, will
initially concentrate his sales efforts in the Atlanta, Georgia
marketplace, Convergent Wealth said.