New non-exec at Standard Life October 27, 2014 SAVINGS and investment company Standard Life announced yesterday that Kevin Parry has joined the company as a non-executive director, taking up the role with immediate effect. In addition to joining the board he is now a member of Standard Life’s audit committee and its risk and capital committee. Parry’s remuneration for the role will come [...]
City Moves for 27 October 2014 | Who’s switching jobs October 26, 2014 PwC The professional services firm has appointed Tim Reay as a director of its pensions team. Reay has 30 years of experience, and joins from Aeon Hewitt. He is also the treasurer and former chairman of the International Employee Benefits Association. Purplebricks.com Former Capita boss Paul Pindar, and Nick Discombe, former chief executive of several [...]
City Moves for 24 October 2014 | Who’s switching jobs October 23, 2014 Johnson & Johnson The health and beauty products maker has appointed Yana Ignatova as head of marketing for northern Europe. Prior to joining the firm, Ignatova spent 17 years at Proctor & Gamble, where she held a senior marketing position. Aviva Investors Charlie Diebel has been appointed head of rates strategy by the asset management [...]
MPs take aim at regulators on Co-op Bank October 22, 2014 EX-CITY regulator the Financial Services Authority (FSA) should be probed as part of the investigation into the near-collapse of the Co-op Bank and the failed attempt to sell it TSB, MPs said in a report today. The Treasury Select Committee also wants the whole process of auditing banks to be investigated by the Financial Reporting Council, which [...]
City Moves for 10 October 2014 | Who’s switching jobs October 22, 2014 Innesco John Heawood has been appointed non-executive chairman of the marketing communications agency. Heawood is former group executive director for UK property at Segro, partner at DTZ Debenham Tie Leung and managing director of the Ashtenne Industrial Fund. KPMG The professional services firm has appointed Neill Thomas as head of corporate finance and Andrew Nicholson [...]
Lloyds’ Antonio Horta-Osorio has a dig at economists at Institute of Chartered Accountants event October 21, 2014 Antonio Horta-Osorio knows how to play an audience. At last night’s Institute of Chartered Accountants event at KPMG, the Lloyds boss charmed the accountants in the room… by throwing economists to the lions. “Sadly I’m not an accountant myself,” he started “But I’ve never let that hold me back! “To be fair though, it’s probably [...]
New West Ham stadium roof problems may have forced Balfour Beatty to seek more cash October 20, 2014 Problems with the new roof planned for the West Ham stadium may have led beleaguered construction company Balfour Beatty back to the London Legacy Development Corporation (LLDC) to ask for extra cash. A spokesman for LLDC, which was established in 2012 by the Greater London Authority to regenerate the area in and around the Olympic [...]
Balfour Beatty’s new chief Leo Quinn is ready to turn the business around October 15, 2014 Balfour Beatty’s newly appointed chief executive Leo Quinn yesterday promised to put a stop to “surprises” at the troubled construction firm. “It’s a company of £10m turnover, with 40,000 employees worldwide, and its returns are far too low,” he told City A.M.. “The continuing surprises that it’s had should not be happening in a [...]
City Moves for 15 October 2014 | Who’s switching jobs October 14, 2014 Quinn Emanuel Boris Bronfentrinker has been appointed partner in the law firm’s London office. He joins from claimant competition litigation firm Hausfeld & Co, where he was a partner. Bronfentrinker has also previously worked in Freshfield Bruckhaus Deringer’s competition practice. Capital Generation Partners Cliff Wood has been appointed head of reporting and investment analytics at [...]
How transparency and psychology can help us bridge the diversity gap October 14, 2014 BUSINESSES in the City have long been struggling to bridge the divide between the diversity we see in our clients and society and the make-up of our own staff. We need to change, not only because it is the right thing to do, but because the future prosperity of our businesses depends on it. At [...]