Today’s City Moves includes Nomura, KPMG and City A.M.
Nomura Asset Management has announced Ben Sackitey has joined the Europe, Middle East and Africa (EMEA) distribution team as business development director, focusing on UK wholesale, having previously spent seven years at Jupiter Asset Management. He will be supporting Nomura UK’s strategy to develop its market share, predominantly with wealth managers, fund-of-funds, family offices and other financial institutions. Ben will focus on developing the distribution strategy for a number of Nomura’s products, in particular the Global Dynamic Bond Fund. Jon Nash, executive director, head of UK & Ireland wholesale at Nomura Asset Management UK, commented: “I am delighted to welcome Ben to the team. Ben has an impressive track record and extensive experience in the UK wealth market.”
KPMG UK has announced the appointment of Liz Claydon as head of deal advisory, with effect from 1 July 2019. Liz has been a partner at KPMG for 12 years and during this time has advised on some of the largest and most complex deals across a number of clients and sectors. She started her career at KPMG in Leeds in 1991, training in audit before moving into transaction services, transferring to London in 1999 and during this time, has held a number of leadership roles across the business. Most recently, she was the sector head for KPMG’s UK life sciences practice, having spent the previous five years leading the consumer & retail sector, alongside her role as deal partner. Liz said: “I am incredibly proud to be taking on this leadership role, at what is an enormously exciting time for our deal advisory business as we support our clients in continuing to both expand and rationalise their businesses in an increasingly complex environment. With uncertainty comes opportunity, and I’m looking forward to helping our clients unlock value and realise their growth ambitions.” A total of 110 partners lead a practice of approximately 1,750 staff. The practice generated £394m in sales last year.
City A.M. has announced that Louis Ashworth has today left his role as night editor. He will be moving on to join the Telegraph’s business desk as a reporter focused on markets and live blogging, effective 1 July. Louis first joined City A.M. in August last year as the paper’s deputy night editor, with additional responsibilities as our professional services correspondent. Louis became night editor in February, overseeing the production of City A.M.’s daily print edition. He often wrote City Moves, and insisted people use the proper email (above) rather than calling him.