Calyon Americas, the investment bank of the Credit Agricole Group, named Peter Kelly, managing director, as the head of the loan syndications group. He replaces Barbara Kellc, managing director, who has taken a newly-created position chief operating officer of the credit markets division. Kelly and Kellc both report to Jerome Le Jamtel, managing director and head of the credit markets division.
Laurent Deroy has been named head of the loan syndication sales and trading group, replacing Kelly. Francois Coussot was appointed head of loan operations, but will also continue his role as head of project finance syndications. Amy Trapp will continue as head of loan syndication origination and structuring. Deroy and Coussot both report to Kelly.
Credit Agricole Indosuez acquired the corporate and investment banking division of Credit Lyonnais in April 2004. The combined group was rebranded Calyon (LMW, 2/4/2005).