City Moves for 7 October – Who’s switching jobs at Equiteq, Festicket and Smith & Williamson?
Today’s City Moves includes Equiteq, Festicket and Smith & Williamson?
Global investment bank Equiteq has appointed Sohail Ahmed as its new managing director. Based in London, Sohail will engage with the community of entrepreneurs and private equity transacting in the knowledge economy, as well as lead on investment banking project delivery. Sohail has extensive experience in completing transactions with entrepreneurs, private equity funds and major strategic acquirers in the knowledge economy. He joined Equiteq after a 16-year career with Deloitte where he latterly co-led the human capital services mergers and acquisitions (M&A) team. Prior to that, Sohail worked within the recruitment industry. Nick Jones, global Head of M&A at Equiteq, said: “We are delighted to welcome Sohail on to the platform. Sohail brings deep industry expertise and valuable industry relationships to clients that will benefit from Equiteq’s sector focused consulting and M&A services.”
Ian McCaig has been appointed chairman of festival experience platform Festicket. Ian previously served as chief executive officer (CEO) of lastminute.com, having joined the company in 2003 when it was still a public company. He subsequently became CEO at one of the first new challenger entrants to the UK energy market, First Utility, growing the company to £1bn revenue before the business was sold to Shell at the end of 2017. Ian also sits on the boards of M-Kopa, the leading off-grid solar company in Africa, Seedrs, a pioneer of equity crowdfunding, and the British Tourist Authority and English Heritage.
Smith & Williamson
Financial services firm Smith & Williamson has announced the appointment of Carla Stent as a non-executive director. Carla joins the board with immediate effect and will chair the group audit and risk oversight committee. Carla has extensive experience as an executive and non-executive, both in the financial services sector and in other industries. She is currently chair of Marex Spectron, one of the world’s leading commodities brokers, and is a non-executive director of the Post Office, Europe’s largest retail network and the largest financial services chain in the UK, where she also chairs the audit and risk committee. Her executive career has included senior roles at Virgin Group and Barclays Bank.
Andrew Sykes, chairman of Smith & Williamson, commented: “We are delighted that Carla has agreed to join the board of Smith & Williamson. She brings a deep and varied experience of financial services and other sectors, and we look forward to her contribution”.
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