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22 October 2021

Who's moving where

Veteran ABN AMRO executive Rutger van Nouhuijs has joined Citigroup as head of banking, capital markets and advisory for the Benelux region, based in Amsterdam. Van Nouhuijs spent 32 years at ABN and has been a member of its executive committee since March 2017, after years as head of its corporate and institutional banking business.

Christian Hansen and Nils Erik Nielsen have been promoted to global co-heads of ECM at Danske Bank after an active year for the bank. Hansen and Nielsen replace Jens Plenov, who is joining Carnegie next year as head of ECM Denmark. Hansen joined Danske in 2017 from Nordea to lead origination in Denmark. Nielsen joined from SEB in 2013 and runs the equity syndicate desk. Nordic issuance has exploded this year and Danske is ranked third in Refinitiv's Nordic ECM league table.

Kathryn Spain has joined Investec Bank from Credit Suisse as head of North American equity distribution in New York, to add to four hires this year focusing on North America. Spain worked at CS for 14 years. John Packes, who previously worked at HSBC and Kepler, has also joined Investec in New York and will have responsibility for the distribution of UK equities to North American institutions, joining other recent hires Luke Hedley, Sarah Daniels and James Ewing.

Lazard hired Spyros Svoronos from Credit Suisse as global head of chemicals. Svoronos succeeds Richard Whitney, who was elevated to vice-chairman of investment banking. Whitney was Lazard's global head of chemicals for 10 years. Svoronos was head of the global industrials group at Credit Suisse since 2017 and global head of chemicals since 2011. He had been with the Swiss bank for more than 20 years.

Apollo Global Management has hired William Lewis from Lazard as a senior partner and member of the management committee. He will source and execute investment opportunities across Apollo’s private equity business and collaborate with management on human capital, citizenship and diversity and inclusion efforts. Lewis was chairman of investment banking at Lazard after joining the firm in 2004, following 24 years with Morgan Stanley.

Russia’s VTB Group is launching a new internationally focused climate finance and carbon trading business. Vladimir Litvak has been appointed head of the division, joining from US investment firm Weild & Co, having previously worked for VTB from 2011 to 2020. The business will raise financing across a “full range of financial products” in Russia and international markets for Russian companies investing in energy transition projects, as well as develop international carbon trading markets.

Ex-Rothschild banker Gregoire Heuze has quit the Paris office of Centerview, seven months after joining as a partner at the US investment banking boutique, Reuters reported. Heuze is well-known in France's financial circles after 15 years at Rothschild, which he left in December 2020. He began at Centerview in March, working closely with French dealmaker Matthieu Pigasse who launched Centerview's operations in Paris last year. Differences over strategy had led to his departure, a source told Reuters.

Barclays has appointed Angela Liu as country CEO for China to strengthen its corporate and investment bank there. Liu was most recently head of the institutional client group for China and Hong Kong at Deutsche Bank, and previously spent 17 years at Morgan Stanley.

Admiralty Harbour has hired Lauri Purhonen as head of credit trading in the global markets department. The Hong Kong-based firm is focused on credit, an area where Purhonen has 14 years of experience, most recently at Standard Chartered and SC Lowy trading high-yield bonds.

Law firm Dechert has launched its financial restructuring practice in Asia with the appointment of Daniel Margulies as a partner in Hong Kong. Margulies joined from Kirkland & Ellis and has worked on corporate defaults and restructurings across Asia.

Citigroup has promoted Chris Cox to global head of trade and working capital solutions for its treasury and trade solutions unit, Reuters reported. It said Cox will be responsible for product, sales and operations for institutional clients.

Corporate lawyer Charles Randell is leaving early as chair of Britain's Financial Conduct Authority. He will leave in the spring, a year before his five-year term was due to end. The government said it will start the search for a replacement

KKR has elevated co-presidents Scott Nuttall and Joseph Bae to co-CEOs, succeeding the private equity firm's billionaire co-founders Henry Kravis and George Roberts, Reuters reported. The transition has been in the works for years and is unlikely to surprise the firm's investors. KKR had named Bae, 49, and Nuttall, 48, as co-presidents in 2017. KKR said Kravis, 77, and Roberts, 78, would remain involved in the running of the firm as executive co-chairmen.

French asset manager Amundi has appointed Albert Tse as CEO for South Asia, taking over from Eric Bramoulle, who has been named head of marketing and products for Amundi. Tse has been head of distribution sales and marketing for Amundi in South Asia since 2019.

BlackRock’s alternative investing arm has hired Kristen Weldon as global head of sustainable finance, Reuters reported. Weldon joined from Partners Capital, where she was head of ESG and impact investing.

Cryptocurrency trading firm has hired former UK finance minister Philip Hammond as a senior adviser to help with strategy. provides tools and services to acquire, trade, and store cryptocurrencies.

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