Towergate has appointed Kay Martin as commercial director. Kay will join the executive committee, reporting to CEO David Ross. She will join Towergate from Zurich UK where she has been a member of the UKGI executive team and chief marketing officer since June 2010. Kay recently assumed interim responsibilities for Zurich UK Personal Lines, taking on the role of managing director. In her new role, Kay will be responsible for strategy, proposition and planning, to include strategic marketing with a particular focus on optimising digital and client offerings.
Ken Fry, former global chief operating officer at Aberdeen Asset Management, has joined wealth management consultants Alpha FMC's board as a non-executive director. Ken has over 27 years’ experience in financial services and has considerable experience of integrating acquisitions within the investment management sector. He has a strong technology and operations background and has undertaken a number of large transformational projects during his career. At Aberdeen Asset Management, he personally directed the integration of many major acquisitions, including assets acquired from Deutsche Asset Management, Credit Suisse Asset Management and Scottish Widows Investment Partners. During his tenure the group executed 46 transactions and grew assets under management from £600m to over £290bn.
British Business Bank
The British Business Bank, that helps small businesses access finance, has appointed Neeta Atkar as a non-executive director to the board and the new chair of the British Business Bank Board risk committee. Currently Neeta is chief risk officer at TSB Bank. She is also a member of TSB Bank’s executive team, responsible for setting the bank’s risk appetite, strategy and framework, and advising the board and the executive on risk and regulatory matters. She has over 25 years’ experience in risk management and has held senior positions at a number of financial services firms and the Bank of England.
Federico Montero has joined Evercore's investment banking business in London as managing director. Federico will lead Evercore's European real estate portfolio solutions team. The team will focus on providing independent advice in relation to the sale of non-core loan portfolios secured on commercial real estate, along with related debt advisory opportunities. He will work closely with Evercore's financial institutions, restructuring and debt advisory practices in London, along with its teams in Frankfurt and Madrid in relation to European real estate opportunities. Federico was most recently a partner at Cushman & Wakefield in London where he was head of loan sales within its EMEA corporate finance operation, having previously worked in the Portfolio Solutions Group at KPMG. He has more than 18 years' experience leading loan portfolio and commercial real estate transactions across Europe, the Americas, Asia Pacific and the Middle East and has been involved in over 85 transactions with a combined face value in excess of €98bn.
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