Tuesday, September 30, 2008
Deutsche Bank announced that it has appointed Maarten Berckel as a managing director in its global banking business covering Belgium, the Netherlands and Luxembourg. Mr. Berckel will be based at the company’s office in Amsterdam, the Netherlands. He was a managing director of Lehman Brothers International Europe and CEO of Lehman Brothers Benelux.-Datamonitor NewsWire
Citigroup has added a new member to it transformation team. Dr. Anita Sands is to join the company as managing director and head of transformation management. She was formerly senior vice president, head of innovation and process design at Royal Bank of Canada. Her role is expected to help transform Citigroup into what is expected [...]
Societe Generale Group has appointed Jean-Pierre Mustier as head of its GIMS division, which comprises asset management, private banking and investor services, replacing Philippe Collas, who is due to retire in the coming months. Mr. Mustier was previously the head of the bank’s corporate and investment banking arm. Mr. Mustier will also take the helm [...]
Grubb & Ellis announced that it has opened a full service office in Tucson, Ariz. The office initially will be staffed with five local commercial real estate market veterans, including three professionals who represented the top producing team for CB Richard Ellis in Tucson. Joining Grubb & Ellis are Robert L. Davis, William L. DiVito, [...]
BSA Satellink has appointed Scott P. Mitchell as president, chief executive officer, director, and vice chairman of the company under a five year employment agreement. Mr. Mitchell has played a key leadership role in innovative technology and Internet based businesses for over a decade. Prior to founding CBI, Mr. Mitchell was most recently the president, [...]
Qualcomm has appointed Derek Aberle to executive vice president and president of Qualcomm Technology Licensing. He was senior VP and general manager.-Multichannel News
Daniel (Dan) Madsen, whose reinsurance experience includes the management of analysts conducting catastrophe modeling and other risk advisory services, has joined Collins as SVP-analytical services. Madsen has been involved in catastrophe modeling for property and workers’ compensation insurers for 10 years.
Most recently, he was a senior vice president at Willis Re, where he managed a [...]
MassMutual Retirement Services has appointed Brad Harrison to the position of managing director, Midwest region. Mr. Harrison joined MassMutual effective September 22, reporting to Evan Gray, division sales manager for the Midwest region.
In his new role, Mr. Harrison is responsible for third party distribution sales, specifically covering Minnesota, South Dakota, North Dakota, Montana, Iowa, Kansas, [...]
Lincoln Financial Advisors announced that Darrin Shallcross has been named managing principal of the Chicago area. Shallcross, a financial planner and former senior business executive, will be in charge of recruiting, coaching and developing Lincoln-affiliated financial advisors in the region, which includes the cities of Chicago, Milwaukee, Madison, Joliet, Naperville and South Bend.
Shallcross joined Lincoln [...]
Fort Dearborn Life Insurance announces the appointment of Joane Fingers as vice president of group administration. She is responsible for overseeing administrative services of group insurance operations; day-to-day operations and plans for strategic improvement and growth; and policy/certificate issue, billing/membership and customer service. Previously, she was life sales director at MetLife, where she was responsible [...]
On September 23, 2008, Robert W. Murdoch notified First National Bancshares of his resignation as executive vice president and retail banking manager, effective September 26, 2008. Mr. Murdoch resigned due to health-related reasons. Mr. Murdoch had served as an executive officer of the company since it commenced banking operations in March 2000.-SEC Form 8k
Equity Risk Partners has opened the doors to its new Manhattan office in conjunction with a major national expansion of its employee benefits practice. The new office better positions Equity Risk Partners to provide private equity firms and their portfolio companies on the East Coast with more convenient access to the firm’s cost effective insurance [...]
Lincoln National (Lincoln Financial Group) announced that Dennis R. Glass, president and CEO, will assume interim responsibility for leadership of Lincoln Financial Distributors as part of his CEO responsibilities. In a related move, Mark E. Konen has been appointed interim head of the retirement solutions division, in addition to his current responsibilities. These changes follow [...]
HealthMarkets announced that David W. Fields has resigned his position as president and chief operating officer and that Phillip J. Hildebrand has been appointed as president in addition to his current role as the chief executive officer of the company. Hildebrand joined HealthMarkets as chief executive officer in June 2008, after a 33-year career at [...]
Houlihan Lokey announced that Matthew Niemann has rejoined the firm as a managing director and co-head of Houlihan Lokey’s Midwest restructuring Practice.
Mr. Niemann joins from Cerberus Capital Chicago, an affiliate of Cerberus Capital Management, where he was a managing director and focused on private equity and lending investments. He also worked with GMAC ResCap, a [...]
Monday, September 29, 2008
Freddie Mac announced changes in its senior management and organization that will enable the company to help stabilize the housing finance system and position it to take advantage of business opportunities in the market over the longer term. The changes are effective immediately. The company’s three business lines–single family credit guarantee, headed by Senior Vice [...]
On September 25, 2008, named executive officer Robert M. Sandler retired from American International Group following a change in his position. Mr. Sandler, age 66, had been employed by AIG for over 39 years.-SEC Form 8k
Comerica Incorporated announced that Curtis C. Farmer will be its new executive vice president of wealth and institutional management. Farmer will become a member of Comerica’s Management Policy Committee and report to Ralph W. Babb Jr., chairman and chief executive officer.
Farmer will lead the business segment which serves the needs of affluent clients and institutions [...]
Ken Harvey has been appointed to the newly created position of chief technology and services officer of the HSBC Holdings with effect from 1 October 2008. Reporting to group chief executive, Michael Geoghegan, the new position combines the roles of chief information officer and group chief operating officer.
David Hodgkinson (57), currently chief operating officer, HSBC [...]
Credit Suisse has appointed Andrew Norman and Nick Selvaratnam as co-heads of equities at its Australian arm. They succeed David Trude, who is retiring after 25 years with the bank. Mr. Norman and Mr. Selvaratnam are based in Sydney and take up their new roles from October 1. Mr. Trude will continue to work at [...]
Piper Jaffray announced the addition of an industry-leading team of five sales and trading professionals that form its structured mortgage products group. The team will focus its efforts on specific areas of the asset back and mortgage markets. Under the leadership of Cliff Corrall as managing director, the team will operate out of a newly [...]
The Hylant Group announced that Lisa Hawker has been named executive vice president and employee benefits practice leader. With more than 12 years of experience in employee benefits and a strong record of achievement, Hawker will be responsible for the overall growth, retention, profitability and best practices of the firm’s $18 million employee benefits operation [...]
Great American Insurance Company announced that Annette D. Gardner was promoted to vice president and assistant treasurer of Great American Insurance Company. Ms. Gardner’s responsibilities include rating agency relationships, corporate development, cash management and oversight of corporate, cost and statistical accounting functions. She will continue to report to Dave Witzgall, senior vice president and CFO. [...]
Quadrangle Group announced that it is further expanding its international presence with the opening of an office in Hong Kong. The new office will significantly enhance the firm’s ability to invest and expand in the Asian market, and will also benefit Quadrangle’s portfolio companies. Quadrangle focuses on the media and communications sector, a dynamic industry [...]
Erin Trella joined Studley as a managing director, focusing on financial structuring and strategic planning. Trella was previously a global commercial manager at Premier Farnell PLC.-Chicago Tribune
Erin Trella joined Studley as a managing director, focusing on financial structuring and strategic planning. Trella was previously a global commercial manager at Premier Farnell PLC.-Chicago Tribune
Friday, September 26, 2008
Imperial Finance & Trading announced the addition of Fausta Lipscomb as director of servicing.
Lipscomb joins Imperial from Office Depot where she held the position of general accounting manager. While there she was responsible for monitoring the established internal controls to assure proper compliance, reconciling advanced accounts and preparing audit documents. Other career highlights for Lipscomb [...]
XShares Group announced that Joseph L. Schocken, currently a member of XShares Group board of managers, has been named chairman and chief executive officer of XShares Group. Previously, Mr. Schocken had been chairman and interim chief executive officer of XShares Group.
Jeffrey L. Feldman, a member of the XShares Group board of managers and director and [...]
Shariah Capital announced the appointment of Mohammad Jamjoum, previously a non-executive director of the company, as a managing director of the company with responsibility for the company’s Dubai office. He will continue to serve on the company’s board of directors, now as an executive member. Mr. Jamjoum has over 35 years of experience in Middle [...]
Service Bancorp announced the appointment of Edward A. Hjerpe, III as the interim chief executive officer of Strata Bank, Service Bancorp and Service Bancorp MHC.
From 2004 to 2007, Mr. Hjerpe served as a senior vice president of Webster Financial Corporation, as well as the president and chief operating officer of the Massachusetts and Rhode Island [...]
Darwin Ventures announced that Robert A. Young and Ken Hausman have joined the firm as partners and Sunil Kurkure has joined the firm as a principal. Young and Hausman were most recently managing directors at Mirador Capital where Kurkure was a venture partner. Prior to joining in the company as partner, Bob was a co-founding [...]
Broadspire Services has appointed two business development executives with extensive insurance industry experience to head the company’s casualty sales team. Brian J. Gannon, who will serve as vice president of casualty sales for the western region, based in Southern California. Philip W. Finkle, who will serve as vice president of casualty sales for the eastern [...]
Amherst Securities Group announced that it has hired six senior-level sales and trading professionals as part of its continued growth. The new members of the Amherst team are Craig Krandel, most recently of Merrill Lynch; Felix Partow, previously at Washington Mutual; Eli Goldschmiedt, who joins Amherst from JPMorgan Securities; Michael Scara and Michael Scanlon, who [...]
Harris Investment Management announced the promotion of Dan Sido to co-head of equities, effective immediately. Tom Johnson, who had been head of equities, will continue in the role as co-head of equities.
Sido has 24 years of investment management experience and prior to announcement was senior partner and head of large cap equities for 5 years. [...]
The New England Life Insurance Company announced the appointment of Corina Alvarez to the newly created position of agency multicultural director. In her role, Ms. Alvarez will be dedicated to the recruitment, retention and marketing of Hispanic financial services representatives, and will continue to strengthen the company’s ties to Miami’s multicultural community.
Ms. Alvarez is a [...]
Fremont General Corporation, and its indirect wholly-owned subsidiary, Fremont Reorganizing Corporation announced that on September 23, 2008 approved the appointment of Richard A. Sanchez as interim president, which will be effective as of October 1, 2008.
Mr. Sanchez was recently appointed as interim chief executive officer for the company and FRC, also effective October 1, 2008. [...]
The board of directors of Transatlantic Holdings elected Kenneth Apfel as executive vice president and chief actuary.-Business Wire
Thursday, September 25, 2008
Royal Bank of Canada announced leadership changes at RBC Capital Markets. Doug McGregor has been appointed chairman & co-CEO of RBC Capital Markets and Mark Standish has been appointed president & co-CEO of RBC Capital McGregor and Standish will join RBC’s group executive as co-group heads, capital markets.
These appointments are effective November 1, 2008, in [...]
On September 18, 2008, the board of directors of American International Group elected Edward M. Liddy as CEO and a director of AIG and appointed him as chairman of the board. Simultaneously, Robert B. Willumstad resigned as chairman and as a director of AIG, and his employment as CEO was terminated without cause. Mr. Liddy, [...]
Fred Alger Management announced that Michael Young has joined as vice president, senior analyst for Alger covering the energy sector. Michael has 23 years of experience in the industry, specifically in the energy sector. Prior to joining Alger, Michael founded and was a portfolio manager for Chatham Bay Advisors; an energy focused long/short equity hedge [...]
