CITY MOVES | WHO’S SWITCHING JOBS

Alvarez & Marsal
The professional services firm has expanded its European real estate advisory team by appointing London-based senior director Ian Morgan. Morgan joins Alvarez & Marsal from the boutique advisory firm European Resolution Capital, where he was portfolio head for real estate, responsible for a distressed loan book of €1bn. Prior to that, Morgan worked in a deal execution role for Resolution Property in London and Warburg Pincus in New York.

Sovereign Capital
The private equity buy and build specialist has hired Sunil Jain and Nick Miller as investment managers. Jain was previously an investment manager at Blenheim Chalcot, and Miller previously worked at Babcock and Brown and in the investment banking division at ABN Amro.

Parallels
The cloud services software company has appointed Michael Toutonghi as chief technology officer, David Arkley as chief financial officer, and Jesper Frederiksen as vice president and general manager of Europe and North America. Toutonghi is a technical fellow of Microsoft Corporation, Arkley joins from Intron, and Frederiksen moves from Symantec.

Liberty Syndicates
Liberty Syndicates Management has hired political risk and trade credit underwriter Peter Sprent to lead its global financial risks team. Sprent formerly worked at ACE Global Risks; prior to that, he worked at AIG Europe as manager of the political risks team.

GAM
The fund manager has appointed Tim Love as investment director and Joaquim Nogueira as investment manager. Love and Nogueira join the fund manager’s London office to manage a UCITS product in the GAM star range. Both join from CQS, where they managed an emerging market equity portfolio.

DC Advisory Partners
The corporate finance adviser has appointed Joel Hope-Bell as managing director in its business services team, based in London. Hope-Bell was previously a managing director at Bank of America Merrill Lynch.

Weir Group
Alan Ferguson, until recently chief finance officer of Lonmin, has been appointed to the board of The Weir Group as a non-executive director. He will also take over from Stephen King as chairman of the audit committee, effective from May 2012.

Financial Services Authority
The watchdog has appointed John Spence, former chair of the British Bankers Association as a non-executive director to board of the Money Advice Service, with effect from 2 January.