City Moves for 19 December 2016 | Who’s switching jobs

Tower 42's Bird Study Project 2011
Source: Getty


Fitch has appointed Sean Costello as head of its EMEA corporates banker team. Sean joins from Commerzbank where he was head of loan capital markets within their leveraged finance group. Sean joined Commerzbank in August 2005 from the leveraged loan distribution team at Bank of Scotland and prior to that, NIBC Bank and NatWest Capital Markets. With over 25 years’ experience in credit markets, Sean will be responsible for developing Fitch’s relationships with the banker community in Europe and contribute to the growth of Fitch’s already expanding corporates rating business. Fitch has been growing its corporate rating franchise with senior hires in North America and EMEA across both analytical and Business and Relationship Management and has recently announced ratings on Liberty Global Group and Rackspace. Sean will be based in London and report to Anjali Sharma, head of EMEA Corporates, business and relationship management at Fitch Ratings.

Grant Thornton

Financial adviser Grant Thornton has strengthened its forensic offering with the appointment of Tom Townson as partner and head of financial crime. Tom joins the firm with over 15 years' experience in the financial crime space. He has experience both as a practitioner and as a consultant advising a number of financial services firms on a range of issues including fraud, anti-money laundering, sanctions and misconduct. Tom has significant experience in leading large global programmes where he has advised on building, reviewing and improving financial crime prevention frameworks. This has primarily been with entities that are subject to intensive regulatory scrutiny involving multiple jurisdictions and regulators. Tom will be leading the financial crime offering at Grant Thornton with a particular sector focus on global banks, commercial banks, retail banks, non-bank mortgage lenders, special purpose vehicles, loan servicing companies and insurers. He will be working with organisations to help them improve the way they address the growing financial crime threats that they and their customers face. Tom has a particular interest in the growth of new technology and how this can be applied to improve organisations' financial crime operating models.

Heart of London Business Alliance

Heart of London Business Alliance, the representative organisation for more than 400 businesses and 100 property owners in the Leicester Square, Piccadilly Circus and St James’s areas, has appointed Ros Morgan as chief executive. An established figure in the business improvement district (BID) sector, Ros brings 11 years’ experience in place management and economic development to the role where she will lead the BID renewal process and set the organisation’s ambitions for the future. She joins Heart of London Business Alliance following five years at the helm of Kingstonfirst – the UK’s first business improvement district and one of the largest in the country with almost 1,000 business members – and Croydon BID prior.

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