Macquarie Infrastructure and Real Assets (MIRA) has appointed Peter Durante as managing director to co-ordinate the ongoing application of new and emerging technologies across MIRA's asset portfolio in EMEA. The newly created role will see Durante enhance and co-ordinate the work of MIRA's asset management teams in identifying and applying technologies that may impact the operational and environmental performance of existing and future portfolio assets.
Squire Patton Boggs has hired Alexander Dolgov as a partner in the Financial Services Practice Group in its Moscow office, along with four associates. Dolgov and the team join from Hogan Lovells in Moscow, where Dolgov led the Infrastructure, Energy, Resources and Projects group since 2014. Dolgov’s expertise is in PPP, project finance in the infrastructure and energy sectors, and real estate. Prior to Hogan Lovells, Dolgov held senior positions at Gide and Allen & Overy.
London-based insurance broker Miller has hired Ryanne Smith to strengthen its energy capabilities in North America. Smith specialises in onshore energy and will be focusing on North American oil and gas, midstream, power and utilities and renewable energy.
She has worked as a retailer and marketer in energy for both Marsh and Lockton in Houston; and for the Onshore Energy and Structured Credit & Political Risks teams at RKH Specialty in London.
Payment technology and software solutions US-headquartered Global Payments has appointed Nick Corrigan as President and Managing Director, UK & Ireland at Global Payments. Over the last ten years, Corrigan has spent the majority of his working life at Microsoft, where his last role was General Manager of Enterprise Services.
US-headquartered ACI Worldwide, a provider of real-time electronic payment and banking solutions, has appointed industry executive Pamela Patsley to its Board of Directors. The company also announced the retirements of John Shay, Jan Suwinski and James McGroddy from its Board of Directors. Patsley most recently served as executive chairman of MoneyGram International Inc.
Berlin-headquartered renewable energy and cleantech advisory Apricum has appointed Duncan Ritchie as partner to head up its project advisory practice and lead an expansion into new industry sectors and geographies. Ritchie was previously head of power & renewables within the Asian Investment Banking Division at Bank of Tokyo-Mitsubishi UFJ Ltd (BTMU) and is a former CEO of boutique advisory firm Aequero.
Bibby Financial Services (BFS) has appointed Aman Gill as head of trade services as it looks to offer additional support to small and medium-sized enterprises trading domestically and overseas. He most recently held the position of regional sales director at IGF Group. Aman's role as head of trade services is his third at BFS - with previous experience as a technical manager and relationship manager. He started his career as a relationship support manager at Barclays Corporate.
Midstream and downstream energy company Puma Energy Singapore has announced that Pierre Eladari is stepping down as CEO and will leave the company.
He joined the company - originally as part of Trafigura - in 2004. Puma Energy has yet to announce a successor.
Australian junior cobalt explorer Jervois Mining has appointed ex-Glencore nickel executive Peter Johnston to its Board of Directors. He has more than 35 years of operational and project development experience.
From 2013 to 2015, he was Head of Global Nickel Assets for Glencore International AG and sat on the Glencore executive management committee.
The move means that all Jervois Mining board members are previous executives of Glencore. Johnston joins non-executive directors Brian Kennedy and Michael Rodriguez.
Australian sovereign wealth fund Future Fund Management Agency has decided to restructure the organisation in the wake of the departure of the veteran Head of Property, Barry Brakey. The internal appointments to the five new roles are Stewart Tillyard (Head of Unlisted Property), James Fraser-Smith (Head of Unlisted Infrastructure & Timberlands), Sarah Carne (Head of Listed Tangible Assets), Craig Dandurand (Head of Debt) and Ben Samild (Head of Alternatives).
The White House has chosen Kimberly Reed to take charge of the Export-Import Bank of the United States after prior nominee Scott Garrett was rejected by the Senate in December.
US Ex-Im has been without a quorum on its board since 2015, preventing the agency from making deals of more than $10 million. The five-member board needs at least three spots filled to make those transactions.
Coface has elected François Riahi, Chief Executive Officer of Natixis, as the Chairman of its Board of Directors. He succeeds Laurent Mignon, who is leaving the board to focus on his new responsibilities within Groupe BPCE.
Paul Brewer is due to take over the role of Chair of the Board from Jo Elliot at Hub South East Scotland at the end of the month. Brewer recently retired from PricewaterhouseCoopers (PwC) where he was a Corporate Finance Partner specialising in infrastructure and energy.
Anthony Julien has resigned as president and CEO of Meridian Mining and is being replaced by Gilbert Clark as interim president and CEO. Clark has served as a partner with Sentient Equity Partners since 2017. Prior to that he was a director at Sentient Asset Management Canada. He has been involved in private equity investments and appraisals primarily in the mining and energy sectors and is currently a non-executive director of North American Nickel.
Asset manager Columbia Threadneedle Investments has made four hires as it builds an infrastructure investment capability. Heiko Schupp, a former senior portfolio manager at Hastings Fund Management has been appointed to the newly created role of Global Head of Infrastructure Investments. He is joined by Ash Kelso (Head of Asset Management), Antonio Botija (Head of Acquisitions) and Ingrid Weston (Senior Portfolio Manager).
SSE plc and innogy have appointed Gordon Boyd as Chief Financial Officer Designate for their new independent British energy supply and services company, subject to shareholder and regulatory approvals. The 30-year veteran has worked in finance roles at both British Energy and EDF Energy, and oversaw the IPOs of Drax and Infinis. He assumes the new on 4 July 2018.
ING Wholesale Banking has appointed Lynn Ng as global head of commodities and food and agriculture within its industry lending business. In this newly created role, Lynn will be responsible for trade and commodity finance, structured commodities finance, metals and mining and the food and agribusiness. She joined ING in 2007.
Australia-based company advisory agency EverBlu Capital has hired Jarryd Rubinstein from Noble Group. Rubinstein spent 11 years at Noble, where he was primarily based in Hong Kong, Dubai, Nigeria, and South Africa, and headed up world origination.
He joins EverBlu as a director within the company finance group and can lead assets protection, in addition to running the commodity buying and selling desk.
Zsuzsanna Hargitai has taken over as the European Bank for Reconstruction and Development's new Director for the Western Balkans. Based in Belgrade, she will also head the bank's operations in Serbia, where she will succeed Daniel Berg, who is leaving the EBRD after almost 25 years.
Law firm Shoosmiths has strengthened its Banking & Finance team with the appointment as a partner of project and real estate finance veteran Nick Iliff. He joins from Gowling WLG, where he had led the Project Finance team since 2011. Before that, he was Head of UK Project Finance at Pinsent Masons for four years. He will be based in Birmingham.
London-headquartered fintech start-up MarketInvoice has appointed Rija Javed as its Chief Technology Officer (CTO). She joins from Wealthfront, a Silicon Valley-based start-up, to become one of the first female CTOs at a fintech in the UK.
XL Catlin's insurance operations has appointed Andrew Coutts to the position of Global Practice Leader for Cargo. Based in London, he will be responsible for managing a global underwriting team.
Coutts joins XL Catlin from Brit Global Specialty, where he worked for almost ten years as Cargo Underwriter. He has more than 30 years' experience in the marine cargo insurance industry and has held several positions within industry trade bodies, including the International Union of Marine Insurance and the International Underwriting Association.
Swedish tidal energy company Minesto has appointed two board members in a bid to boost the company's project finance capability.
Javier Sanz, chief technological officer renewable energies at European investor InnoEnergy, and Jonas Millqvist, senior underwriter at Denmark's EKF with project finance experience from wind turbine maker Vestas Wind Systems, are joining Minesto's board of directors.
Sanz will focus on the commercialisation of Minesto's technology via reducing risks, improving the business case and shortening the time to market. Millqvist will help the company obtain project finance for the development of marine energy projects based on its Deep Green technology.
Global law firm DLA Piper has appointed M&A specialist Martin Nelson-Jones as a partner in its London corporate practice. He will be moving from Freshfields Bruckhaus Deringer where he is co-head of their global infrastructure and transport sector group.
Infrastructure, energy and utilities investment banking firm Rubicon Infrastructure Advisors has announced the appointment of Robert Sternthal as Managing Director & Head of North America. Sternthal is the founder and former President of renewable energy investment bankCohnReznick Capital.
Mayer Brown has hired Yoshihide Ito, whose practice focuses on international trade policy, economic trade sanctions, trade disputes and regulation - especially involving the US and Japan - to its Government & Global Trade practice in Washington DC. He joins from Morgan Lewis.
The law firm has also hired Satoru Murase, a leading corporate, finance and M&A practitioner with experience advising global corporations in connection with cross-border investments and disputes, with special focus on Japan. He joins the firm's Corporate & Securities practice in New York from Morgan Lewis.
Trade finance software firm Traydstream has appointed Asif Ali as Managing Director of Product. He most recently headed Citi's Trade Business for United Arab Emirates, Iraq and Lebanon, in addition to Corporate Trade Sales for Middle East and Pakistan.
Emma Navarro has been appointed Vice President and member of the Management Committee of the European Investment Bank.
She has been General Secretary of the Treasury and Financial Policy in Spain, and member of the Bank of Spain Governing Council and board member of the Spanish National Securities Market Commission.
Brazilian President Michel Temer has named Ivan Monteiro as the new CEO of the country's oil giant Petrobras following the resignation of Pedro Parente over fuel pricing policies.
Temer was previously Petrobras' CFO and formerly a top executive at state-controlled bank Banco do Brasil. The Petrobras board said it had named Monteiro as interim CEO, with Temer recommending him to take on the job on a longer-term basis. But with elections looming, Monteiro's tenure is likely to end in December when the president leaves office.
Pedro Parente, the head of Brazilian oil giant Petrobras, has resigned following a nationwide strike by lorry drivers that caused huge disruption. In his resignation letter to President Michel Temer, Parente said the strike challenged the pricing policy he had implemented.
Many of the protesters blamed Parente for rising costs, after the company stopped subsidising fuel prices for its domestic consumers.
Parente said his role "as CEO had stopped being positive" and the government needed to consider "alternatives" to its pricing policy going forward. The strike against diesel prices caused major shortages in the country.
BPL Global has set up a branch office in Geneva via its French subsidiary BPL S.A. Philippine de Villèle joins from UBS to head the office. The branch will focus on developing new relationships with Swiss-based banks, traders, NGOs and other potential clients.
Villèle previously spent two years from 2011 in BPL Global's Paris office, working with commodity traders and key French banking clients on trade, structured, project and export finance. She rejoins from UBS, where she was head of its CPRI team within its Commodity Trade Finance department for five years.
Robert Mancini is retiring from Carlyle Group as of June 30. Mancini joined the firm in 2012 and is currently a managing director, partner and co-head of Carlyle Power Partners. He is staying on at the firm until the end of the year as a senior adviser. He was previously a managing director at Goldman Sachs.
International law firm Norton Rose Fulbright has made two new appointments to its Australian practice. Jo Crew has been promoted to the position of Australian head of project finance and head of infrastructure. Banking and project finance lawyer Chris Patten moves from Allens' Melbourne office to take up a position as partner in Brisbane.
International law firm Ashurst has boosted its Australian projects capability with the appointment of partners Alex Guy and Dan Brown to the firm's Brisbane office. Guy joins from DLA Piper, where he was the head of their finance and projects practice group in Brisbane. Brown, who also joins the projects practice from DLA Piper, has significant expertise in large-scale infrastructure, natural resources and energy projects in Australia, Asia and the Middle East.
ABN AMRO has appointed Christian Nolting and Nicolay Kuhnle as Directors in its Global Transportation & Logistics Asia-Pacific team. They will be based in Singapore and support Asia-Pacific Head of Transportation & Logistics Darryl Tan in expanding the bank's coverage, particularly with clients in its shipping segment.
Nolting joins ABN AMRO from NORD/LB, where he was Deputy Head of Ship Finance for Asia Pacific. Nicolay joins the Asia Pacific team from ABN AMRO's Transportation & Logistics office in Oslo, Norway, where he was involved in several milestone transactions with shipping and offshore clients.
Vantage Infrastructure has made three new appointments to its London-based equity and debt infrastructure teams. Omar Rahman, formerly of Morgan Stanley Infrastructure, joins the Equity team as Investment Director. Edmund Arulanandam joins the Equity team as Vice President from the UK's Department for Business, Energy and Industrial Strategy. Former Fitch Ratings analyst Laurent Bernhard joins the Debt team as an associate.
Juan Pablo Cuevas has joined cross-border payments fintech group Earthport as its Latin America and the Caribbean Executive. He joins from Bank of America Merrill Lynch, where he was Managing Director, Trade and Supply Chain Executive.
MET Group, a Swiss-based energy company, will be owned by MET Capital Partners, a newly registered investment platform of MET Group CEO, Benjamin Lakatos. MET Group managers will participate via a share programmes through MET ManCo for up to 20%. The foregoing shareholders have divested all their holdings in the company. MET was formerly owned by MOL Group, WISD Holding. and MET ManCO. MET Capital Partners has bought the ownership of MOL and WISD Holding, supported by ING Bank.
South African finance minister Nhlanhla Nene has been elected as the Chairman of the Board of Governors at the New Development Bank, established by Brazil, Russia, India, China and South Africa. The board also approved six projects from all five member countries with loans aggregating $1.6 billion.
Ghana becomes the first West African country to have a representative of UK Export Finance (UKEF) stationed in-country. Steve Gray, who will be taking up office at the British High Commission in Accra as the UKEF Country Manager, will work with the Department for International Trade team to strengthen trading relations between Ghana and the United Kingdom.
Ashurst has appointed Vincent Trevisani as a partner in its corporate team in Paris. Trevisani joins from Watson Farley & Williams, where he has been a partner since 2012. His transactional practice focuses on domestic and cross-border acquisitions and disposals, joint ventures, reorganisations and project development, particularly in the energy and infrastructure sectors.
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