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UPDATE 3-MOVES-Bank of America, Citigroup, Marsh, Cinven

Mon Jul 6, 2009 4:52pm EDT

Stocks

   

(Adds Bank of America, Nasdaq, Bingham McCutchen, Jones Day, Arent Fox)

July 6 (Reuters) - The following financial services industry appointments were announced on Monday. To inform us of other job changes, e-mail moves@thomsonreuters.com

BANK OF AMERICA (BAC.N)

Bank of America Merrill Lynch has appointed Steven Baronoff, a former Merrill executive, chairman of global mergers and acquisitions. The bank has named Stefan Selig, former vice chairman of global mergers and acquisitions, executive vice chairman of global corporate and investment banking.

To read more, double click on [ID:nN06276965]

NASDAQ OMX

The NASDAQ OMX Group Inc (NDAQ.O) has hired Eric Noll as executive vice president of its transaction services business. Noll, who will join July 13, comes from Susquehanna International Group.

BINGHAM MCCUTCHEN

Law firms Bingham McCutchen and McKee Nelson have signed a letter of intent to combine under the Bingham McCutchen name. The combination will bring together 1,000 lawyers from Bingham's 12 offices in the United States, United Kingdom and Asia and 120 from McKee Nelson's offices in New York and Washington.

JONES DAY

Law firm Jones Day has hired Lisa Laukitis as a partner in its business restructuring and reorganization practice from Kirkland & Ellis. Laukitis will be based in New York.

ARENT FOX LLP

The law firm Arent Fox LLP said it hired Maidie Oliveau as counsel in its Los Angeles office, adding a West Coast presence to its sports practice. Oliveau, 55, established LawSports, a boutique firm, in Los Angeles in 1990, and has since 1997 been an arbitrator for the Court of Arbitration for Sport.

CINVEN

London-based private equity firm Cinven named Hugh Langmuir managing partner, replacing Robin Hall, who has been named executive chairman.

KBS CAPITAL MARKETS GROUP

KBS Capital Markets Group, an affiliate of private equity real estate company KBS Realty Advisors, hired Greg McGowan as a regional vice president responsible for New York state, upper New Jersey and southern Connecticut. McGowan was previously at Lincoln Financial Distributors.

ALIXPARTNERS

AlixPartners, a restructuring, consulting and financial advisory firm, hired David Head as a managing director in its information management services practice. Head, based in Detroit, joins from Huron Consulting Group.

BROADPOINT GLEACHER SECURITIES GROUP INC (BPSG.O)

The independent investment bank said Marshall Cohen and Bruce Rohde were elected to the company's board on July 2.

Cohen also serves on the boards of Barrick Gold Corp (ABX.TO), TD Ameritrade (AMTD.O) and TriMas Corp TRS.N.

Rohde is currently chairman and chief executive officer emeritus of ConAgra Foods Inc (CAG.N).

CAPSTONE ADVISORY GROUP LLC

The company said David Bell, who specializes in providing financial restructuring and advisory services, has joined the firm. Prior to joining Capstone, Bell was a managing director in the workout and restructuring group of Deutsche Bank (DBKGn.DE).

CHINA NUCLEAR POWER AND NEW ENERGY INDUSTRY INVESTMENT FUND

Wilson Feng, a former senior banker for Merrill Lynch, has been picked to run the China's newly established $1.46 billion nuclear investment fund, two sources briefed on Feng's new job said.

To read more, double click on [ID:nHKG55100]

CITIGROUP INC (C.N)

The bank named Shengman Zhang as chairman of Asia Pacific, Stephen Bird and Shirish Apte as joint chief executives of Asia Pacific, and Bill Mills and Alberto Verme as joint chief executives of Europe, Middle East and Africa.

Zhang, formerly a managing director at the World Bank, joined Citigroup in 2006 as vice chairman of global banking and chairman of the public sector group.

Bird was most recently the chief executive for North Asia. Apte moves to Asia Pacific after serving as the chief executive of Citi's Central and Eastern European region.

Mills was most recently the chief executive for Western Europe, Middle East and Africa. Verme was most recently co-head of global investment banking, based in Dubai. [ID:nHKG271322]

MARSH

The unit of Marsh & McLennan Cos Inc (MMC.N) named John Nicholson as its risk and governance director in Britain.

Nicholson is currently chairman of Marsh's middle market business in Scotland, Northern Ireland and the Isle of Man. He will undertake his new responsibilities in addition to his current role.

VERITAS ASSET MANAGEMENT

The independent specialist investment boutique appointed Raymond Foo as a senior analyst. Foo would be based in Hong Kong, where Veritas is establishing a local operation, the company said. Foo joins from Brevan Howard Asset Management.

LINKLATERS

The firm has appointed John Crozier as it new global head of technology, media, telecom and IP, effective immediately.

Crozier is a partner at Linklaters since 2000. He takes over from Tim Schwarz, who retired from the firm on April 30. MARKEL INTERNATIONAL LTD

The specialty property and casualty insurer, a unit of Markel Corp (MKL.N), has appointed Philippe Tamwelius as a senior liability underwriter for Markel International Sweden. He will be based in Markel's Stockholm office.

He has previously worked at AIG Europe S.A. as chief underwriter for professional liability.

ABRAAJ CAPITAL

The Dubai-based private equity firm said it appointed Ashok Aram as a managing director. Aram previously worked with Deutsche Bank. (Compiled by Manasi Phadke in Bangalore and Elinor Comlay in New York)



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