City Moves | who’s switching jobs

Borro
Paul Gratton, formerly chief executive of Egg, has been elected to the board of the online pawnbroker. Gratton, who founded the surveyor Shepherd Direct, was part of the founding team at First Direct. His experience in the mortgage broking market is intended to assist Borro’s new venture, which will launch at some point during the autumn. He joins Sportingbet founder Mark Blandford, who was appointed to the board in April.

Netplay
Tim Mickley joins the board of the interactive TV gaming company as non-executive director, replacing the outgoing Moshe Edree. Mickley still holds numerous directorships, including at TSM Consultancy and Brickington Trading and recently left a role in corporate finance as a managing director with Collins Stewart, where he led the gaming team and advised on significant transactions in the sector.

Tullow Oil
Tutu Agyare has been appointed non-executive director of the oil explorer with immediate effect. He has held numerous senior positions at UBS, most recently as the head of European Emerging Markets. He joins from Nubuke Investments, a company he founded in 2007, and will maintain his role of managing partner. His new capacity will see him assist in Tullow’s expansion in Africa.

Hermes
Zu Cowperthwaite has been appointed as a portfolio manager in the company’s global equities team. She joins from Loomis Sayles where she managed a global consumer long/short hedge fund containing both domestic and international equities. The move is designed to boost the asset management firm’s Boston-based global equities team. Cowperthwaite has previously held posts at Evergreen Investments and David L. Babson & Co as a senior analyst and has 17 years of experience in market research and management.

Fortis Global Liquidity Funds
Marc Raynaud has joined the fund manager as a director, with immediate effect. He remains chairman of BNP Paribas Partners in Luxembourg. He also became head of global fund solutions at the bank in 2010, and has held several managerial roles in the company since he joined in 1979. His work for BNP Paribas has taken him to Italy, France and the USA. Raynaud studied Italian and Russian at the University of Paris Sorbonne, and holds a Master of Sciences in Management from the Ecole Supérieure des Sciences Economiques et Commerciales.