CITY MOVES | WHO’S SWITCHING JOBS

Virgin Atlantic

The airline has appointed its chief financial officer Julie Southern as chief commercial officer, a newly-created board position.

Southern will now take responsibility for all aspects of growing the airline. She originally joined Virgin Atlantic a decade ago from Porsche Cars Great Britain, where she was group finance director.

Current finance director Tim Livett has been promoted to the chief financial officer role.

Jefferies

The investment bank has hired Michael Herbst as a managing director and head of European telecommunications investment banking, based in the firm’s London office.

Herbst has over 14 years of experience in the sector and joins from UBS, where he spent 11 years, most recently as a managing director in the investment banking team, focused on coverage of the European telecoms and media sectors. He also previously worked at Dresdner Kleinwort Benson.

Sovereign Capital

The private equity group has appointed Luke Kingston, Jonathan Marlow, Jonathan Kay and Ross Coull to its deal team, and Elizabeth Buckle as marketing and communications manager.

Kingston joins from Ernst & Young, while Marlow was previously at Barclays Ventures, Kay at Lloyds and Coull at Booz & Company. Buckle moves over from Impetus Trust.

BNY Mellon

The bank’s alternative investment services (AIS) division, a hedge fund service provider with over $350bn in assets under administration, has named Marina Lewin as head of global sales and Steve Farlese as head of global service delivery.

Both will be based in New York. Lewin joined BNY Mellon in 2000, having previously held senior roles at JP Morgan and Deutsche Bank, while Farlese has been at the firm for 15 years, formerly responsible for managing unit investment trust services and exchange traded funds.

Link Financial Group

The European receivables management company has appointed Lindsay Town as a non-executive director.

Town previously held senior positions at Lloyds Leasing and PricewaterhouseCoopers, prior to joining Halifax to lead the asset finance business. He later held a divisional board level role within the combined HBOS group, before retiring in April 2009 to set up a specialist asset finance consulting business.