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ABN reacts to Lawson departure — plus DrKW, BNP Paribas, Deutsche market moves

17 May 2001

ABN Amro has moved quickly to plug the gap left by the departure of Brian Lawson, head of debt origination at the Dutch bank, who has resigned.

Dominc Franklin, who arrived at the firm from Merrill Lynch a year ago, was today (Monday) promoted to become head of investment grade origination in the global financial markets group. Huibert Banmeester remains global head of sub-investment grade origination, but the two heads now report directly to Nils Lorenzen, global head of global financial markets.

Niall Cameron, global head of syndicate, joins the management committee of the bank's global financial markets group.

* Goldman Sachs' Thomas Schwingeler is to move to Dresdner Kleinwort Wasserstein in late summer as a managing director in the German firm's Frankfurt investment banking business.

* Simon Orchard is to transfer from BNP Paribas' London office to become head of loan syndication in southeast Asia, based in Singapore. He will report to Clarence T'ao, head of loans syndication and trading for Asia.

While in London, Orchard headed acquisition finance and media and telecoms loan syndications. He joined in 1997 from Dai-Ichi Kangyo Bank.

* Deutsche Bank has hired Andrew Welty from JP Morgan as a senior high yield telecoms analyst. He reports to Helen Rodriguez, head of European high yield telecoms research.

Deutsche recently added four junior high yield analysts: Philip Grose, Patrick Kersting, Nicola Brown and Lee Hope.

17 May 2001