City Moves Who’s switching jobs
Post Office
The mail operator has announced that Sue Barton is to join the executive committee as strategy director. Barton’s experience includes extensive time within postal consultancy at Accenture, where she has worked with many of the leading international postal organisations providing support and advice.
Laxfield Capital
The debt origination and loan manager has announced that Daniel Smith has been appointed as head of origination. Smith joins from Eurohypo where he was managing director. Smith originated and executed a number of high-profile transactions at the German real estate bank. Smith has been appointed to help drive the expansion of the firm in the property debt market.
Riverview Law
The fixed-fee legal services business has appointed Matthew Banks as its director of legal advisory outsourcing. Having spent 11 years as a commercial property lawyer with Linklaters and Eversheds, Smith moved to Mumbai in 2005 to set up a legal outsourcing business. Having worked in the UK, Mumbai and New York, Smith will now be based in London.
Torotrak
The gearless traction drive developer has appointed Jeremy Deering as chief executive. Deering was an internal candidate and has previously held the position of commercial director, as well as having responsibility for the strategy of the firm. The move follows the departure of Dick Elsy, who left the company to take up the role of chief executive of Catapult, the government-supported programme to help transform UK engineering innovation into economic value.
Sberbank
Alexander Pletnev has joined the department of corporate clients (part of CIB) of the Russian savings bank as deputy head of the structured finance division. Pletnev has over 15 years of experience working in the financial industry and before joining the CIB team he worked at LUKOIL for nine years including four as head of corporate debt, financial institutions and capital markets.
UBS
Kai Sotorp will be returning to global asset manager as head of Asia Pacific. Sotorp was previously head of Asia Pacific between 2002 and 2004 and head of Americas between 2004 and 2010. Scott Keller, who has been acting head of Asia Pacific since April this year, will continue in his role of head of Pan Asia and will report to Sotorp.