State Street Global Advisors
The investment manager has appointed Lynn Blake as head of index equity.

Blake, 45, is a long-standing veteran of the firm, having first joined 23 years ago. She has held positions as a portfolio manager and head of non-US markets in the global structured products group.

She succeeds Paul Brakke, 53, who plans to retire at the end of the year.

Morgan Stanley
The investment banking group has hired Petri Kivinen as a managing director in the fixed income capital markets group for central and eastern Europe, the Middle East and Africa (CEEMEA).

Kivinen most recently worked at Renaissance Capital, where he was head of debt capital markets and corporate fixed income origination. Prior to that, he headed up the DCM business at Dresdner Kleinwort and began his career at Credit Suisse First Boston.

The financial services group has poached a senior investment banking team from JP Morgan Cazenove to boost its real estate offering.

Roger Clarke is a corporate finance specialist, having also worked at ING Real Estate, Dresdner Kleinwort Benson, the Takeover Panel and Arthur Andersen. Miranda Cockburn becomes a partner in equity research and has experience at Credit Suisse First Boston and the United Bank of Kuwait.

Carl Gough will be the partner in charge of real estate specialist sales, while Jason Cockburn is a real estate specialist sales trader.

The nightclub operator said yesterday that finance director Robert McDonald will step down and will be replaced by Philip Bowcock, effective from 1 June.

Bowcock joins from Barratt Developments, where he has been group financial controller since August 2007. Prior to that, he held senior finance roles at Tesco and the Hilton hotel group.