City Moves for 29 September 2017 - who's switching jobs at Delio, the British Retail Consortium and Invenio?

View Of London From The Monument To The Great Fire Of London
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Today's City Moves cover fintech, retail and investment banking. Take a look at these movers and shakers:


UK fintech Delio, the leading white-label platform for private assets, has announced the appointment of a senior client director to focus on growth in west and southern Europe. Ed Cotton, a former private banker at Edmond de Rothschild, will join the team’s office in London and will work across Delio’s client network in the UK and Europe as the company continues to expand across continents. Before joining Delio, Ed worked with a number of global institutions, most recently with Edmond de Rothschild where he was part of the founding team of the London based Private Merchant Banking team covering international and RND clients as well as coordinating the UK distribution effort for the Group’s extensive private asset stable of funds. Prior to this, Ed completed a three-year international graduate programme where he worked with a UHNW solutions team in Mumbai, and with a private equity team in London, originating and distributing funds to bankers across Europe. Ed also has extensive experience of working with Iberian and Latin American clients having studied and worked with a private bank in Spain and their London asset management business. He is fluent in English, Spanish and French.

British Retail Consortium

Richard Pennycook has been appointed to the British Retail Consortium (BRC) as chairman elect and is to become the new chairman of the with effect from 1 February 2018. Richard recently stepped down as CEO of the Co-operative Group, having joined in 2013. He has over 25 years’ experience in retail, including with Allders, JD Wetherspoon, Laura Ashley, Welcome Break, and Morrisons. Previously a non-exec director of Richer Sounds, Richard is also non-exec chairman of online retailer The Hut Group, chairman of Howdens Joinery and chairman of Fenwicks department stores. He will work with the BRC’s chief executive Helen Dickinson and board members to champion the retail industry and enhance its prospects for growth.


Boutique investment bank Invenio Corporate Finance has appointed chartered accountant and M&A specialist Matteo Turi as a partner. Matteo has worked in a variety of industries, including renewable energy, utilities, retail banking, telecoms and water services, and has considerable UK and overseas experience. Matteo is an experienced finance director and holds several non-executive director roles. He has previously held senior positions within Lanco Solar, Rengen Energy, K2 Partnering and Vanco, and was also part of the senior management at FTSE 100 company Severn Trent Water. His considerable experience in the industry over many years makes him a tremendous addition to Invenio’s team.

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