CITY MOVES | WHO’S SWITCHING JOBS

The Crown Estate
Ian Marcus has been appointed as a non-executive of The Crown Estate, effective from 1 January 2012. Marcus is currently chairman of European real estate investment banking at Credit Suisse, chairman of the Bank of England Commercial Property Forum, and chairman of The Prince’s Regeneration Trust. Previous roles have included president of the British Property Federation and chairman of the Investment Property Forum.

HSBC
Antonio Simoes, group head of strategy and planning, has been appointed to the new position of head of retail banking and wealth management, Europe. John Flint, CEO of HSBC Global Asset Management, has been appointed as chief of staff to the group CEO and group head of strategy and planning, and Sridhar Chandrasekharan, global head of wholesale at HSBC Global Asset Management, has been appointed as CEO of HSBC Global Asset Management. All three appointments are effective from 1 January 2012, subject to board and regulatory approval.

Russell Investments
The independent financial services firm has appointed Crispin Lace and Nick Spencer as directors of the Consulting and Advisory Services team. Lace joins from Mercer, where he was a member of the asset allocation committee, and Spencer joins from GAM, where he led the institutional business for UK, Ireland and the Netherlands.

IP Group
The intellectual property developer has appointed Mike Humphrey to the board of non-executive directors. Humphrey is the group chief executive of Croda International.

Redefine International
The diversified income property firm has appointed Greg Clarke as an independent non-executive director and chairman designate of the company. Clarke will succeed the current chairman, Philippe de Nicolay, who will retire from the board in November 2011.

Metro Bank
The high street bank has appointed serial entrepreneur Luke Johnson, currently chairman of the Giraffe restaurant group and Patisserie Valerie, as a non-executive director.