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Former UK DMO chief becomes non-executive director
Commerzbank reshuffles leadership in Germany amid loan build-up
Recruitments in sales and origination are separate but intended to build debt franchise
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US insurer Kuvare Holdings has hired Jason Powers, former co-head of the US CLO business at Wells Fargo Securities, to run its credit investments team. Powers is the second CLO expert to join Kuvare in as many weeks, following the recent hire of Jason Merrill.
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Barclays CLO and loan strategist Geoffrey Horton will move to the New York office after spent two years at Barclays based in London, according to a CLO source.
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Michael Spitz, the CEO of Main Incubator, Commerzbank’s research and development arm, is leaving the bank.
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Hong Kong’s stock exchange operator has named Nicolas Aguzin, chief executive of JP Morgan’s international private bank, as its new CEO.
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Investment advisory firm National Investment Services has appointed Stephen Smitley as a portfolio manager focused on municipals and structured products.
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John McElravey has joined the Federal Reserve Bank of Boston as a markets specialist as of February 8. The capital markets veteran joins from First XV Partners and previously Wells Fargo, where he was a lead ABS research analyst.