22 July 2016

Financial Times: Elite crew to steer City through Brexit’s choppy waters

Shriti Vadera: Baroness Brexit

Shriti Vadera is a baroness but she has emerged as the queen of the City’s Brexit response effort. The former government minister, now chairman of Santander UK, has assembled an impressive roster of senior financiers to co-ordinate contact with ministers. The Financial Services EU Taskforce — backed by the big five City lobby groups — has found a small loaned office in Grosvenor Street as its base. The body’s powerhouse committee, which meets fortnightly, is the chairmen’s steering group, comprising the chairmen of the big four banks, Robert Rooney, head of Morgan Stanley International, David Roberts of Nationwide, Adrian Montagu of Aviva and Elizabeth Corley of Allianz Global Investors. The financial services industry can be lumbering but on Brexit messaging it is cracking on.

Luke Ellis: The Good Life

As Man Group boss Manny Roman heads stateside to run bond giant Pimco, the spotlight falls on his successor. Step forward Luke Ellis. [...]

Andrew Géczy: Making peace

Private equity titan Guy Hands has a new CEO. Andrew Géczy is joining Terra Firma to replace Tim Pryce, who left in March. Géczy joins from ANZ, where he ran international and institutional banking down under. He was previously at Lloyds, but more intriguingly before that Géczy spent most of his career at a certain US bank: Citigroup. [...]

John Kingman: The cat’s away

[...] the man who for the second time in barely six years is swapping the civil service for the City. In 2010 he went to Rothschild as a banker. Now, having missed out on the permanent secretary role at the Treasury, he’s off to chair Legal&General. [...]

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