CITY MOVES | WHO’S SWITCHING JOBS

Oppenheimer Investments
Iain Morpeth, one of Clifford Chance’s most senior private equity lawyers, is joining the Swiss project financing adviser as its new chief operating officer, based in London.
Morpeth has been at Clifford Chance for the past 23 years and specialises in the real estate sector. His track record includes advising on Meridian Delta Consortium’s acquisition of the Millennium Dome from the UK government in 2002.


RSM Tenon
The accountancy firm has hired Paul Belsman as its new head of tax.
Belsman has over 25 years of experience in the sector and was formerly head of tax at Vantis, which sold parts of its business to RSM Tenon in June. He joined Vantis when it took over Numerica, his former employer, in 2005.

The group’s previous head of tax, Andrew Hubbard, has been appointed as chairman of the tax team with specific responsibility for tax policy and technical standards.

RBS Insurance
The insurer has appointed John Reizenstein as finance director.
Reizenstein was formerly at Co-operative Financial Services, where he has been a managing director in the corporate and markets team since 2008.

Prior to that, he worked in investment banking at UBS and latterly Goldman Sachs.

Libertas Capital
The corporate finance house has appointed Michael Drozd as head of equities and an oil and gas analyst.

Drozd was previously head of equities at Landsbanki Securities and has also previously been head of research and an oil and gas analyst at various investment banking groups including UBS, HSBC and Paribas.

PricewaterhouseCoopers
The accountancy giant has recruited Michel Abbink to join its UK actuarial and insurance management solutions (AIMS) group as a partner.
Abbink joins from Swiss Re, where he was most recently M&A director, responsible for the sourcing, management and pricing of transactions on closed life insurance books and annuity portfolios.