CITY MOVES | WHO’S SWITCHING JOBS

NS&I
Lord Sassoon, the commercial secretary to the Treasury, has appointed Sir John de Trafford as the new chairman of the board of NS&I to replace Martin Gray, effective from 1 January 2012. De Trafford, who joined the board of NS&I as a non-executive director on 1 January 2010, spent his early career at Unilever and Guinness before moving to American Express and rising to regional president for Northern Europe and chair of the company’s EMEA Executive, retiring from the role five years ago.

Sirius Petroleum
Ed Johnson has been promoted to chief executive of Sirius Petroleum, after joining the company as commercial director on 1 August from Renaissance Capital, where he was head of the new markets oil team for investment banking and financing.

JM Finn & Co
The investment manager has made five senior hires, all from Williams de Broë, to expand its private client service. Peter Hancock, Andrew Banks and Michael Burton join as senior investment managers and Brendan Company and Mark Jeffreys join as investment managers.

Baird
The employee-owned investment bank has announced that David Silver will succeed John Fordham as head of European investment banking (EUIB), and Fordham will take up the newly created position of chairman of Baird International. Silver will oversee the EUIB arm in addition to his current role leading the business services banking practice in Europe.

Fulcrum Asset Management
The fund manager has appointed Nicholas Smith as a director within the UK institutional marketing and sales team. Smith joins from Towers Watson where he was head of the UK DC investment team. He also previously worked at Schroders, where he was an executive director, responsible for UK pension clients.

HgCapital
The private equity investor has hired Simon Cottle and Thorsten Toepfer to its services sector team as associate directors. Cottle joins from Cognetas, where he spent three years as an investment manager, while Toepfer was previously a member of the investment team at Hellman & Friedman.

Aon Hewitt
The HR consulting and outsourcing business has hired Mike Curtis to its reward and engagement team as a senior consultant. Curtis joins from QCG, where he was compensation and benefits practice leader, having previously spent more than five years at professional services company Towers Perrin.