CITY MOVES | WHO’S SWITCHING JOBS

Secure Trust Bank
Arbuthnot’s retail banking business has appointed Paul Lynam, a former senior banker at the Royal Bank of Scotland, as its new chief executive.

Lynam, 42, was a managing director at RBS and was responsible for over 1m SME customers and almost 7,000 staff in the retail bank. He also previously held the position of chief executive of UK business banking at asset financing group Lombard North Central.

PricewaterhouseCoopers
Ian Woodhouse has joined the accountancy giant as a director in the EMEA private banking and wealth management practice, effective immediately.

Woodhouse has over 20 years of experience in supporting private banks and wealth managers, having previously set up his own independent business advisory firm after leaving Ernst & Young in 2008.

Nomura
The Japanese investment banking group has hired Martin Brunninger as a senior analyst to initiate coverage of the medical technology sector.

Brunninger, who will be based in London, joins Nomura from Bryan Garnier & Co, where he was head of healthcare equity research. He has also held roles at JP Morgan, ABN Amro Asset Management, Bank of America and Lehman Brothers.

Jefferies

The investment bank has hired John Bajus from UBS as the head of its international electronic trading services team, within the equities group.

At UBS, Bajus was co-head of program and cash sales trading for the Americas. He also previously spent two years at State Street Global Markets, where he was a managing director in charge of institutional global portfolio sales and trading. He started his career at Bear Stearns.

F&C Investments

Alexander Petrov has joined the investment manager as a director in the strategy team.

Petrov joins from Seven Pillars Capital Management in London, where he was a multi-asset portfolio manager. He moved there in 2008 from Lehman Brothers, where he had been a portfolio manager.

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