CITY MOVES | WHO’S SWITCHING JOBS

Barclays
Leigh Clifford, the chairman of Qantas Airways, is to step down from his role as a non-executive on the Barclays board at the end of the month.

Clifford joined the bank’s board in October 2004. In addition to his position at Qantas, he is also a director of engineering giant Bechtel Group and a senior adviser to private equity firm Kohlberg Kravis Roberts.

He was formerly chief executive of Rio Tinto from 2000 until 2007.

Caxton FX
The foreign currency exchange broker has appointed John Craig as its new chief operating officer.

Craig, 45, joins from Northern Trust Wealth Management, where he was a senior vice president responsible for strategic development across the Europe, Middle East and Africa (EMEA) region, focusing on the ultra high net worth sector.

Jefferies
Gerard Reid has joined the investment bank as a managing director and senior equity research analyst in London, focusing on clean technology.

Reid was most recently European head of Ardour Capital Investments.

He has also previously held positions as a managing director at Berlin-based Oikovest, advising clients in the alternative energy sector, and head of research and a senior partner at independent equity research house First Berlin.

SVM Asset Management
The boutique investment group has appointed Neil Veitch, manager of its SVM UK Opportunities Fund and co-manager of the SVM All Europe SRI fund, as a board director.

Veitch joined the group in 2005 from Kempen Capital Management, where he managed both retail and institutional pan-European small and mid-cap portfolios.

KPMG
The accountancy giant has hired three new staff to its financial services remediation practice.

Jarrod Nicholson, John Seaton and Caroline Walters all join from Huntswood, as a director and senior managers respectively.

CISI
The Chartered Institute for Securities and Investment has appointed Dr Robert Barnes, Fionnuala Carvill and Nick Parkes to its board of directors.

Barnes is currently a managing director in the equities business at UBS, while Carvill, an ex-director of Rothschild, is commission secretary at the Guernsey Financial Services Commission. Parkes is a partner at corporate finance advisory firm Novitas Partners.