CITY MOVES WHO’S SWITCHING JOBS
Securities and Investment Institute
The SII has appointed John Nichols, a former ambassador to Switzerland, as its new director of global business development.
Nichols, 57, has spent 30 years in the Foreign Office, holding senior positions in the UK, Brazil and Bangladesh and as ambassador to Switzerland, Hungary and Liechtenstein. He was also previously deputy chief executive of International Financial Services London (IFSL).
BlueCrest Capital Management
Steve Smith has joined the hedge fund manager as a member of the executive committee and portfolio manager for its $2.3bn (£1.4bn) AllBlue fund.
Smith joins from Credit Suisse, where he most recently led the global liquid alternatives team within the asset management division.
He has also previously spent time working at Dune Partners, Albourne Partners, SBC O’Connor and Bankers’ Trust.
Equitable Life
The insurer has appointed Mark Earls as an executive director, effective immediately.
Earls, the firm’s chief operating officer, has worked for Equitable Life since 2002, when he joined as head of operations and programmes.
Prior to that, he was a programme director for the finance sector at accountancy firm PricewaterhouseCoopers and spent 20 years at Marks and Spencer.
Marsh
The insurance broker and risk adviser has appointed Nicholas Bacon, currently chief operating officer, as chief executive of Bowring Marsh, its specialist international placement broker.
Bacon, who succeeds Mark Gregory, will report to Marsh International chief executive Alex Moczarski and is due to join the firm in November.
MTS
The fixed income securities market has hired Jack Jeffery as its new chief executive.
Jeffery has over 20 years of experience in financial markets, most recently as chief executive of electronic broking at ICAP and chief operating officer at Superderivatives. He has also worked at Citigroup and served on the Bank of England and US Federal Reserve Foreign Exchange committees between 1999 and 2007.
Pasquale Cataldi has also joined the board of MTS as a director, having previously worked as head of European government bond and swaps trading at Deutsche Bank.
Roxi Petroleum
The oil explorer and developer has appointed David Lawson Wilkes as group finance director.
Wilkes, 47, joins from Ernst and Young, where he was most recently the partner responsible for the advisory services in Kazakhstan and global service partner for ENRC.
He is also currently a director of Kazakhstan property firm Lawson and chairman of the Kazakhstan Foreign Investors Council.