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Trading Places: RBC’s new lead sponsor for Germany, Morgan Stanley’s Franck Petitgas, steps down, Allen & Overy strengthens its team


This week marked Financial News’ celebration of the 100 women who made it into a ranking of Europe’s most influential women in finance.

A highlight during the dinner marking the classification, at FN seat of London Bridge, was a speech by Rebecca Achieng Ajulu-Bushellthe former champion swimmer who now runs diversity organization, The 10,000 Interns Foundation.

The room was lit with excitement after Ajulu-Bushell’s speech, his personal story resonating with most of the senior executives of the List FN100 Women who faced similar challenges to rise to the top of a male-dominated industry.

Here is a photo gallery of the evening

Among the movements of the City this week:

Newton Investment Managementasset management subsidiary of BNY Mellon Investment Management, appointed Judy Marlinsky as chairman of its UK and US boards.

Marlinski, who has been an independent non-executive board member of those councils since July, succeeds Susan Noble as chair of the UK board. Noble is stepping down after serving eight years as a board member and five years as president.

His appointment to the US Board of Directors supports the expansion of Newton’s US business following the integration of Mellon’s equity and multi-asset capabilities in September 2021.

Nick Bishop and Teodor Todorov have been appointed co-heads of its group of financial sponsors for Europe, the Middle East and Africa at Morgan Stanley, Financial news revealed. Both men are longtime negotiators at the US bank.

Frank Petitgasboss of Morgan Stanley International and former head of global investment banking, is retiring from banking. He spent 30 years with the firm in various management positions.

RBC Capital Markets hired Thomas Hoffmeister as head of sponsor coverage for Germany. He was most recently at BNP Paribas and joined in a newly created role.

Rothschild & Cie took the former chairman of mining giant Rio Tinto. Simon Thompson joins the independent investment bank as a senior adviser in its UK advisory business, he said in a statement.

Investec hired jason quinn as Head of European Sales in its growing Dublin office. He was previously Director of Equity Sales at Numis.

Magic Circle Law Firm Allen & Overy has hired a leveraged finance partner Marwa Elborai of the American law firm Shearman & Sterling in London. The High Yield Finance Specialist represents banks and credit funds in financing transactions. She has been a partner at Shearman since 2016 and works out of her New York and London offices.

A&O also named Donald Joyce as the new Chief Financial Officer. He joins renewable energy company Renewable Energy Systems replacing Jason Haines who will retire from the company in the summer of 2023.

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