UPDATE 3-MOVES-CIT Group, Jeffries, Pali Capital
(Adds CIT Group)
Oct 3 (Reuters) - The following financial services industry appointments were announced on Friday. To inform us of other job changes, please e-mail moves@thomsonreuters.com.
CIT GROUP (CIT.N)
The commercial lender said Walter Owens resigned as president of corporate finance, effective immediately.
JEFFERIES & CO
Kelly R. Holloway has joined as a senior vice president in the Jefferies Group Inc (JEF.N) unit's fixed income group. Holloway will focus on the sales and trading of U.S. agency bonds, corporate bonds, mortgage-backed and other fixed income securities for institutional investors based in the Middle East.
Holloway was most recently a senior vice president at Vining Sparks, a regional broker-dealer based on Memphis, Tennessee, where he worked for the past 10 years.
PALI CAPITAL
Pali Capital Inc, the U.S. broker-dealer subsidiary of Pali Holdings Inc, announced the continued build-out of its equities business with the hiring of an International Equity Trading team in the U.S. as well as a distressed equities and SPACs trading team.
International equity trading in the U.S. will be led by Brad Marks, who joins the firm's New York office as head of U.S. equity trading.
Joining Marks on the international trading effort are Michael Montalbano and Charles McLaughlin. The distressed equities and SPACs team will be led by Jesse Podell. All four professionals join Pali from their prior employer, Jefferies & Co.
STANDARD LIFE INVESTMENTS
Standard Life Investments, the global fund manager, has expanded its U.K. equities team with the appointment of Andrew Millington as Investment Director, U.K. equities. Andrew was previously employed by Baillie Gifford within its U.K. equities team and as manager of the Baillie Gifford Income Fund.
ACE Global Markets
The affiliate of ACE Group of Cos, which is led by ACE Ltd (ACE.N), hired Russell Burgess as underwriting manager, accident & health. Burgess was earlier with Chubb Corp's (CB.N) Chubb Insurance Co.
ALIXPARTNERS
The restructuring, consulting, and financial advisory firm appointed Dan Murphy, previously with Ernst & Young, as a director in its performance improvement practice. Murphy will be based in London.
UBS (UBSN.VX)
The Swiss bank has hired four Lehman Brothers Holdings Inc (LEHMQ.PK) investment bankers covering oil and gas in Asia, the third time this week Lehman bankers have walked out on new owner Nomura Holdings (8604.T).
To read more, please double click on [ID:nHKG337300]
STANDARD CHARTERED (STAN.L)
The bank has hired Arun Murthy, former Asia head of Lehman Brothers' commodities team in Singapore, as its new global head of energy, two trading sources close to the discussions said.
The sources Reuters spoke to said StanChart had also hired two more ex-Lehman Brothers traders to join the team in Singapore. [ID:nSP22698]
SOCIETE GENERALE CORPORATE & INVESTMENT BANKING
The French bank named Charles Pierron as chief country officer for Korea based in Seoul. Pierron was earlier chief country officer for Germany.
CLARET CAPITAL
The private investment firm hired Dermot Hanley and Yuki Narula as managing directors of private equity funds in its Dublin and New York offices respectively. They both were previously with JPMorgan Chase & Co (JPM.N).
ABBEY
The unit of Spanish bank Santander (SAN.MC) named Paul Pester, currently managing director of premium banking at Abbey, to take responsibility for Bradford & Bingley's retail distribution with immediate effect. (Compiled by Jui Chakravorty in New York and Amiteshwar Singh in Bangalore, editing by Gerald E. McCormick)
