Donald Layton, the former chief executive of brokerage firm E*Trade Financial Corp, will be the next CEO of Freddie Mac.
Layton will succeed Charles E. Haldeman Jr. -Business Wire; Associated Press Financial Wire
HSBC Holdings named Melvyn Ford as head of prime services in Asia on May 10, 2012.
Ford, who has spent 17 years in Asia, joined HSBC in 2010 to lead the global relationship management function for hedge funds in the region. Previously, he worked for prime services units at Bank of America Merrill Lynch and Deutsche Bank AG. -HedgeWorld Daily News
Barclays has appointed Sharon Quinlan as new head of its structured property finance team in London.
Quinlan will be tasked with supporting the bank’s real estate clients with their debt finance, and with expanding the size of the company’s London commercial property lending portfolio. She takes over from Richard Payne, who will continue working as a part time consultant to the structured property debt finance team. Quinlan joins from Bank of Ireland, where she was head of business banking.
Ross McEwan is appointed as the new chief executive, UK retail, at Royal Bank of Scotland. He is to take up the new role in June, replacing Brian Hartzer as the head of the institution’s retail arm. He will also be a member of the company’s executive committee.
McEwan was previously group executive, retail banking, for Commonwealth Bank of Australia, for the past five years.
Clayton Holdings announced that Jenine Fitter has joined the company as senior managing director of business development.
In this role, Fitter will be responsible for sales and business development initiatives across all of Clayton’s offerings, including credit risk management, due diligence, consulting and special servicing through its quantum servicing unit. She will report to Tom Donatacci, executive vice president of business development, and will play a key role in identifying the needs of existing clients and expanding Clayton’s reach to new customers and markets.
Fitter joins Clayton with more than 20 years of experience in the mortgage and asset-backed securities arena. Most recently, she was senior vice president of mortgage solution sales at Digital Risk. -PR Newswire
BancorpSouth, Inc. announced the promotion of Greg Ray to Executive Vice President.
Ray has senior management responsibilities for BancorpSouth’s community banking regions.
Ray joined BancorpSouth in 1989 as a management trainee in the Company’s corporate offices. -PR Newswire
Centerview Partners LLC announced that Roland Phillips, an experienced banker with extensive relationships across the industry, will join the firm’s London office as a partner.
Mr. Phillips will be primarily responsible for European corporate client coverage, and have a particular focus on companies in the consumer and retail sectors.He joins a growing office in London led by senior partner Richard Girling.
Mr. Phillips brings 15 years of advisory experience at UBS and has worked in both London and New York. He most recently headed UBS’s EMEA Consumer Products & Retail team. Mr. Phillips was a Managing Director based in New York before becoming head of UBS’s EMEA Consumer Products & Retail team in London. -PR Newswire
Daniel Caldwell has been promoted to president/CEO of 1st Choice Credit Union in Atlanta.
Caldwell came to the $24 million credit union in 2008 as a staff accountant and was later promoted to accounting supervisor and chief financial officer. Within a year, the board named him interim president/CEO. He succeeded Sheilah Montgomery, who left in March 2011 to become president/CEO of the $80 million Credit Union of Atlanta. -Other
Andrew Rosen, a former executive with Central Pacific Bank, has been named president and CEO of Hawaii State Federal Credit Union.
Rosen returns to Hawaii from San Francisco, where he led Bank of the West in new deposit household growth and checking account acquisition.
Prior to that he was the chief marketing officer for Central Pacific Bank. He replaces Deborah Kim, who resigned in November after 20 years with the credit union. -Other
Bank of America Corporation announced that Charles Alexander will take over as interim head of the bank’s Chinese operations.
Alexander is currently head of Asia Pacific Corporate Banking and will take over the new position after Liu Erh Fei departed from the post. -Global Banking News
Geoffrey Alexander was named as president of R. M. Davis, Inc.
Alexander, who has worked with the firm since 1997 and is one of eight owners, has been vice president and portfolio manager. Robert M. Mal Davis, the firm’s founder and CEO, will remain CEO.
As president, Alexander will be chairman of the executive committee and oversee ongoing operations of the company. He will be responsible for guiding and implementing policies that support the firm’s client-focused mission and watching over the firm’s continued growth, according to the release. Alexander also will continue to work directly with clients in the portfolio management role.
Alexander formerly worked for the General Dynamics Marine Services Division of Bath Iron Works. He also has served on several community boards and advisory committees, including the United Way, Cumberland YMCA, The Park Danforth, Maine Medical Center, The Thomas Memorial Library Foundation and the Maine Maritime Museum’s Board of Trustees. -Other
The Bank of New York Mellon Corporation has named Suresh Kumar as its chief information officer (CIO), effective immediately.
Currently CIO for the company’s Financial Markets and Treasury Services businesses, as well as its Pershing LLC unit, Kumar is a member of the company’s global Operating Committee and reports to Kurt D. Woetzel, BNY Mellon’s head of global operations and technology, and also its chief administrative officer.
Kumar, joined the company in 1986 and in this new position will oversee the implementation of technology strategy, application development and technology infrastructure.
Prior to joining the company, he was CIO of CSFBdirect and DLJdirect, which was a pioneer in online brokerage on Prodigy Network, America Online and the Internet with a global presence in Japan, Hong Kong, United Kingdom and Dubai. -PR Newswire
BNP Paribas announced that it has named Francois Regnier as its country head for Russia. He replaces Jean-Yves Moiron who is going to take over the similar post in Portugal.
Regnier will be responsible for the overall development of the group in Russia, including the development of corporate and investment banking, and will work in Moscow. Upon completion of all required legal procedures, he will be elected chairman of the management board of BNP Paribas Bank CJSC and become a member of the bank’s supervisory board. He will report to Mark Carlos, deputy head of the European region of BNP Paribas Group.
Regnier previously held a number of executive positions at BNP Paribas, including the similar post in Hungary, Slovenia and Croatia. -Stock Exchange Website
HSBC North America Holdings announced that Jack McGinnis has been appointed chief financial officer effective on June 30, subject to regulatory approvals. He succeeds Edgar Ancona.
McGinnis, currently CFO for HSBC Bank USA, will retain his CFO responsibilities and will become a member of HSBC’s finance management board (FMB). He will jointly report to Irene Dorner, president and chief executive officer of HSBC North America Holdings and HSBC USA, and to Iain Mackay, group finance director for HSBC Holdings.
Prior to serving as CFO for the U.S. Bank for the past two years, McGinnis served as chief accounting officer for HSBC – North America, where he led the centralization of the accounting function for North America. He joined HSBC in 2006 as the controller for North America. Prior to his tenure at HSBC, he was a partner at Ernst & Young, working at the firm for 16 years in the United States and Canada. -Business Wire
Barclays has added four senior private bankers to its wealth and investment management business in Singapore.
Tsukasa Miyachi joined Barclays as a managing director on April 3, focusing on the Indonesia market. Miyachi was most recently the head of wealth management for Asia excluding Japan at Nomura.
Erliena Yulianawati joined Barclays from Clariden Leu as director on April 2, also focusing on the Indonesia market.
Fumiko Omura joined Barclays as director on March 20 from Merrill Lynch.
Eugene Huang, another former Merrill banker, joined Barclays’ Greater China team in February as a director, serving very rich, or ultra high net worth, clients in Greater China. -The Business Times Singapore
HSBC Holdings announced that it has named Alexi Chan as head of debt capital markets origination for Asia, effective immediately.
Chan, who currently focuses on South and South-East Asia, will oversee 15 markets across Asia.
Chan will replace Rod Sykes, who is moving on to oversee HSBC’s commercial banking clients in the Asia- Pacific region. -Global Banking News
Barclays announced the appointment of Thomas L. Kalaris to the newly created role of executive chairman of the Americas. He will relocate from London to New York to take up this role, and will retain his executive committee responsibilities as chief executive of the wealth and investment management division of Barclays, as well as chairing Barclays client committee.
In addition, Kalaris will work in partnership with Jerry del Missier, co-chief executive of the corporate and investment banking division and chief executive of the Americas. Together, they will co-chair the Barclays Americas management team, which will be responsible for capital, funding, risk appetite and the control environment across the businesses that operate in the region, as well as review and recommend the strategy for the Americas. He will also join del Missier on the Barclays Americas governance and control committee. Kalaris will focus on further strengthening Barclays presence in the Americas, where there has been significant growth in earnings and a broader and deeper investor base has been developed in recent years. -M2 Presswire
Walker & Dunlop announced that it has added veteran originators Paul J. Ahmed, David B. Gahagan, and E. Lance Lehman to its capital markets group. They will be based out of the new Fort Lauderdale, FL office.
Ahmed, Gahagan, and Lehman will join Walker & Dunlop as senior vice presidents, focusing on financing income producing properties including office, apartments, hotels, industrial and retail in the southeast region.
Prior to joining Walker & Dunlop, Ahmed and Gahagan were vice presidents and Lehman was senior vice president at Grandbridge Real Estate Capital. -PR Newswire
Wells Fargo & Company has announced that it has named Perry DeLuca as head of its wine, food and beverage group in its Santa Rosa-based North Coast commercial lending office.
In that role, DeLuca, a 10-year veteran of wine industry finance, will provide lending and other banking services to middle market industry companies.
DeLuca joins the group after 15 years in financial services. For the past decade, he has focused on financial services to wineries, beverage companies and the food and agricultural industry. In his most recent role, he served as a director at Cleveland-based KeyBank’s capital markets division, where he was the national head of wine & spirits/beverage distribution. He also served at San Francisco investment banking firm WR Hambrecht + Co. and in middle market commercial banking at Washington D.C.-based Riggs Bank. -Global Banking News / Northbay Business Journal
Barclays named John Langley and Joe McGrath as its new co-heads of its global finance and risk solutions business. They succeed Larry Wieseneck, who was appointed chief strategy officer.
Langley and McGrath will report to the bank’s head of global investment banking, Skip McGee, and will join the investment banking division’s executive committee.
McGrath was previously head of leveraged finance at the bank.
Langley has been head of risk solutions at Barclays since early 2011.
The wealth and investment management division of Barclays announced the addition of two investment representatives to its Los Angeles office. Matthew Celenza and Larry DiGioia join the firm from Morgan Stanley Private Wealth Management where they catered to ultra high net worth individuals and their families.
Celenza, a managing director, brings 15 years of wealth management experience to Barclays.
DiGioia, a director, joins Barclays with 23 years of wealth management experience. -PR Newswire
HSBC Holdings has announced that it has appointed Stuart Milne as its chief executive officer for India, effective April 1, 2012.
Milne succeeds Stuart A. Davis, who is moving to a new position within the organization.
Milne was most recently the firm’s country manager for Japan. -Global Banking News
BNP Investment Partners, BNP Paribas Group’s asset management arm, has announced that it has named its Australian chief executive, Robert Harrison, as head of BNPP IP for North America.
As part of his new job, Harrison will relocate to New York as chief executive of both BNP IP North America and Fischer Francsi Trees & Watts (FFTW), a BNP IP subsidiary specialising in US and global fixed income. -Global Banking News
BNP Paribas has added Matt Pinnock as head of prime services for Europe, Middle East and Africa and Asia.
Pinnock had previously been the co-head of prime services at Nomura. -Infovest21 News
Bay Equity Home Loans announced that it has added Spencer Richardson as its director of Northwest production.
In his position Richardson is responsible for opening and overseeing the firm’s new office in Tacoma and for driving its business development efforts throughout the Pacific Northwest. He has focused his career in the Pacific Northwest and is now leveraging that experience to expand Bay Equity’s presence in the market.
Richardson brings more than 16 years of experience within the residential wholesale and retail mortgage banking business. As the founder of two mortgage banking companies, his management expertise includes secondary marketing, strategic planning, operations, underwriting and sales.
Stonegate Mortgage Corporation announced that it has appointed Doug Miller to head its newly created financial institutions division, which will solely focus on providing depository institutions with access to the secondary mortgage market on a correspondent and wholesale basis.
Miller brings his extensive knowledge of the industry as well as almost 40 years worth of mortgage lending experience. He will report to Steve Landes, executive vice president, Loan Origination for Stonegate.
Miller has served a senior executive role with well respected mortgages lenders such as Washington Mutual and Citicorp. He has worked the last 2 years at GMAC Bank/Ally Bank in Memphis, TN where he was responsible for all sales in the community financial institution’s channel. -Business Wire
Societe Generale Group announced that its newly planned financial institutions division, which will focus on providing funding and advice to other financial institutions, will be led by the current global head of strategic and acquisition finance, Pierre-Yves Bonnet.
The company is also expected to combine its equity capital markets unit with its mergers and acquisitions unit to create a corporate finance unit, which will reportedly be led by current head of mergers and acquisitions, Thierry d’Argent, with the global head of equity capital markets, Laurent Morel, moving on for another role in the bank. -RTTNews
Ladder Capital Finance Holdings announced the appointment of Michael Mazzei as president.
With over 25 years of experience in commercial real estate and capital markets, Mazzei will play a central role at Ladder as the company continues to develop its securitization platform and expanding asset management business.
Mazzei joins Ladder from Bank of America where he served as managing director and global head of the CMBS and bank loan syndications groups.
Co-founder, Greta Guggenheim, will become chief investment officer, focusing on the company’s origination, investment and distribution activities. -Business Wire
HSBC Holdings has appointed Kanchana G. Hewavitharana as chief financial officer for HSBC Sri Lanka and Maldives and Michael J. F. Hung as chief risk officer for HSBC Sri Lanka and Maldives.
Both Kanchana and Michael arrived to the country from overseas postings in HSBC Hong Kong and Vietnam, respectively.
Amos L. Otis, founder, president and CEO of SoBran, was appointed a director of the Cincinnati branch of the The Federal Reserve Bank of Cleveland, effective January 1, 2012.
Otis’ responsibilities include making recommendations to the board of governors regarding the Federal Reserve’s discount rate on primary credit; providing information about regional business conditions to their Federal Reserve Bank president; and overseeing the bank’s budget and finances. -Business Wire
Societe Generale Group has named Galeazzo Pecori Giraldi head of its newly-created private investment banking unit, to manage a team of senior bankers and account managers in Europe and the Middle East.
Giraldi joined from Morgan Stanley in 2010 to serve the role of deputy chairman of its investment-banking committee.
TD Bank has named Greg Braca as head of U.S. corporate and specialty banking.
Braca will be responsible for corporate banking, in partnership with TD Securities, as well as commercial real estate, healthcare, equipment finance, asset-based lending, and dealer commercial services. He will report to TD Bank president and CEO Bharat Masrani.
Braca has 25 years of experience in the banking industry. He assumes his new role after serving as regional president for TD Bank’s Metro New York market and head of healthcare banking. He joined TD Bank in 2002, and has played a key leadership role in TD Bank’s growth in the Metro New York region. In addition to managing retail and commercial banking in New York, he has also been instrumental in successfully building out the bank’s small business, government banking, middle market and specialty lending businesses. Prior to joining TD, he served as senior vice president for FleetBoston Bank’s New York Metro healthcare group. -PR Newswire
HSBC Holdings has announced that it has named Jose Mosquera as head of European financial credit trading.
In his new role, Mosquera will be based in London and will report to Asif Godall, head of European credit trading.
Mosquera has previously worked with Barclays Capital and UBS AG. -Global Banking News
HSBC has appointed Vineet Vohra as regional head of wealth development, Asia Pacific, effective immediately.
Based in Hong Kong, Vohra will drive the delivery of the bank’s wealth management strategy by leading the build out of its wealth management capabilities in Asia.
Prior to joining HSBC, Vohra was the general manager, wealth management, private bank, retail banking and wealth management, Asia Pacific, for ANZ Singapore, where he built the private and affluent platform across the region. He has also served in a number of leadership roles at Citibank and ING in Singapore and India. -Hedgeweek
The Royal Bank of Scotland Group has appointed Stuart Dean as head of healthcare in the corporate and institutional banking (CIB) team.
In his new role, Dean will lead a team of healthcare finance specialists and provide sector support to RBS CIB’s regional network across the UK.
Dean has worked at RBS for more than 11 years in the bank’s structured finance division in the south of England and London. Before joining RBS, he spent two years at the John Lewis Partnership, which he joined from KPMG.