CITY MOVES | WHO’S SWITCHING JOBS

Schroders

The asset management firm has hired Philippe Lespinard as its new chief investment officer of fixed income, effective from 1 November.

Lespinard joins from Brevan Howard in London, where he was a partner and head of absolute return strategies. Prior to that, he was chief investment officer at BNP Paribas Asset Management in Paris.

Berwin Leighton Paisner

The law firm has appointed corporate finance expert Karen Davies as a partner in its London team.

Davies joins from Clifford Change and is highly experienced in public and private M&A deals, equity capital markets, joint ventures and private investments in public companies.

She recently advised on Kraft’s bid for Cadbury, Babcock International’s takeover of VT Group and acted for Chinalco on its investment in Rio Tinto.

HSBC Private Bank

The private bank has appointed Desmond Liu as head of private banking for North Asia, Nancie Dupier to head the business in South East Asia and Alexandre Zeller as chief executive of private banking in the EMEA region.

Liu is currently the private bank’s market head for Greater China, having joined HSBC in 2007 from DBS Bank. Dupier is currently head of private banking for HSBC in Singapore, while Zeller will continue as chief executive of HSBC Private Bank in Switzerland..

Grant Thornton

Chris Gagg has been promoted to the position of director of the financial services group at the business adviser.

Gagg is a specialist in the UK insurance market, where he advises on financial and audit-related areas such as client money, regulatory capital, financial due diligence and internal audit.

Barclays Corporate

The bank has hired Maurice Cleaves as head of cash management. Cleaves joins from Deutsche Bank, where he was responsible for EMEA cash management product organisation.