CITY MOVES | WHO’S SWITCHING JOBS
Clifford Chance
The legal giant said yesterday that Simon Tinkler has been elected leader of its London corporate practice, for a term of four years.
Tinkler has been at Clifford Chance since 1995. A private equity expert, he has recently advised on deals such as Duke Street’s disposal of Simple, Sandpiper on its sale of supermarkets to Waitrose, and Clayton Dubilier & Rice on its acquisition of British Car Auctions from Montagu Private Equity.
Bank of America Merrill Lynch
The investment bank has hired David Oman as its new chief risk officer for the EMEA region, effective from early October.
Based in London, he replaces incumbent EMEA risk boss Price Sloan, who will relocate to New York later in the year to become international operational risk executive.
Oman joins from UBS, where he was most recently European chief risk officer and global head of counterparty credit risk.
Union Bancaire Privée
The Swiss private bank has appointed Larry Morgenthal as chief executive of UBP Asset Management, the group’s US business.
Morgenthal, who also becomes chief investment officer of alternatives, is tasked with spearheading activity in the firm’s fund of hedge funds platform.
He has previously headed up Bank of America’s alternative investment group as well as working as managing partner of Opus Capital Group and chief executive of Ivy Asset Management, part of the BNY Mellon group.
Franklin Templeton Investments
The investment manager has appointed Andrew Ashton as a senior director and head of the firm’s operations in the central and eastern Europe, Middle East and Africa region.
Prior to this, Ashton was chief executive and president of Franklin Templeton’s Korean asset management business.
Dechert
James Waddington has joined the law firm as a partner in the financial services group.
Waddington was formerly a partner at Orrick, Herrington and Sutcliffe. He specialises in advising commercial and investment banks and private equity and hedge fund clients on finance and derivative transactions, credit default swaps, lending and borrowing arrangements, debt and equity offerings, insolvency and restructuring and fund investments.
In the past, he has also worked as an investment banker at Bankers Trust, now Deutsche Bank.
Ropes & Gray
The law firm has appointed Daniel Martin to its bankruptcy and business restructuring practice as counsel.
Martin was previously at Weil, Gotshal and Manges, where he advised debtors, creditors, insolvency practitioners and private equity sponsors on insolvency and restructuring matters.