CITY MOVES | WHO’S SWITCHING JOBS
Avoca Capital
The European credit investment manager has strengthened its credit offering by hiring Credit Suisse banker Vaibhav Piplapure, who joins as head of structured and illiquid credit. At Credit Suisse, Piplapure was most recently head of asset finance for Europe in the securitised products group. Prior to that, he was global head of the credit solutions group. He will initially focus on managing allocations to structured credit from Avoca’s €500 mm credit opportunities fund.
IOSCO
The International Organization of Securities Commissions has appointed David Wright as its new secretary general. Wright, who will start the new job in March, has been a senior adviser to the European Commission during the current financial crisis, most recently as a member of the Commission’s task force on Greece.
Merchant Securities
Merchant Securities has hired the former corporate finance team at Evolution Securities’ Leeds office, who will move to the Leeds office on 6 March. The team will be led by Joanne Lake, who becomes director of corporate finance and head of Merchant Securities’ Leeds office, working with Peter Steel and Casper Kaars Sijpesteijn. In addition, Jeff Keating has been appointed as a director of corporate finance in London.
Grant Thornton
Ian Corfield has been appointed as a partner in the London mid-market recovery and re-organisation team to expand the business alongside existing partners David Dunckley and David Riley. Corfield specialises in advising on the turnaround of distressed businesses, notably the administration of the Hilton Manchester and First Quench Retailing.
Cavendish Corporate Finance
The corporate finance adviser has promoted directors Michael Jewell and Andrew Jeffs to partner. Jeffs and Jewell have worked at Cavendish since 2002 and 2006 respectively.
Eversheds
Eversheds has expanded its pensions practice with three new partner hires. Sarah Swift joins the London office from Freshfields Bruckhaus Deringer, and pensions specialists Emma King and Sarah Franklin join Eversheds’ Birmingham office from Squires Saunders.
IFRS
James H Quigley, the chief executive of Deloitte Touche Tohmatsu between 2007 and 2011, has been appointed as a trustee of the International Financial Reporting Standards Foundation, the oversight body of the International Accounting Standards Board. Quigley will hold the appointment until 31 December 2014.