Credit Suisse has hired Zarina Mahmud as its new head of diversity for Europe.
Mahmud has joined the Swiss bank from Lloyds Banking Group as head of diversity and inclusion for Europe, the Middle East and Africa and the UK, according to an internal memo seen by Financial News and confirmed by a bank spokesman.
“Zarina’s appointment is another important step to further elevate our efforts in delivering on our enhanced diversity and inclusion strategy,” the memo from Della Sabessar, who was appointed as global head of diversity and inclusion at Credit Suisse last June, said.
HSBC Asset Management made Taras Pushak a portfolio manager for its emerging markets debt investment team in London.
Pushak will take charge of the firm’s emerging markets debt total return strategies, and generating emerging markets macroeconomic views and themes for implementation across its investment portfolios, HSBC said in a statement. The former APG Asset Management manager reports to Bryan Carter, head of global emerging markets debt.
Barclays bolstered its fixed income sales team, poaching a senior salesperson from Credit Suisse in the latest departure from the Swiss bank.
The UK lender hired Burcu Korkut as head of emerging markets macro sales for Europe, the Middle East and Africa, according to a person familiar with the matter.
Korkut has spent nearly 17 years at Credit Suisse, where she was co-head of emerging markets sales and vice chair of its board for Turkey.
She is set to join Barclays in September and will report into Filippo Zorzoli, head of macro sales for Emea and Asia Pacific.
RBC Capital Markets hired Asif Boda as managing director and head of European building products for the industrials franchise. The former HSBC managing director will report to Dominic Hudson and be based in London.
Societe Generale named two new co-heads of its global markets business, as the French lender looks to turn around the performance of its investment bank. Sylvain Cartier and Alexandre Fleury, veterans of the bank, will become co-heads of global markets, the bank said in a statement. They take over from Jean-François Grégoire, who has held the role since February 2019, and will report into SocGen’s head of global banking and investor solutions, Slawomir Krupa.
The moves come a month after the bank unveiled a new strategy to revamp its investment banking unit, shifting resources out of its trading functions and looking to grab a bigger share of the dealmaking wallet.
Law firm Squire Patton Boggs will develop a new funds practice after hiring partner Steven Ward from rival Paul Hastings. Ward joins in London, where Squire Patton Boggs is looking to build out its financial services group. His practice focuses on the formation, operation and regulation of private investment funds and their operators.
Goldman Sachs alumnus Henry Howell is to join European firm Nickel Digital Asset Management as head of business development. Howell spent 16 years at Goldman in Chicago and London, serving at the latter as managing director of prime services and global head of electronic futures. He joins Nickel from Eisler Capital, a London-based macro hedge fund.
The move comes as Nickel seeks to beef up its senior team, as digital assets become a major focus for institutional investors. Launched in early 2019, the firm runs four crypto funds and has seen its assets under management increase more than 300% in the last 12 months.
Asset manager Columbia Threadneedle appointed Tom Elviss as fund manager within its real estate team. Elviss, who started in May 2021, joined from Aberdeen Standard Investments where he was a deputy fund manager of a real estate investment trust.
In his new role, Elviss will be a dedicated manager for a £630m fund for a large institutional client, the asset manager said in a 22 June statement.
Capital Generation Partners appointed Dipankar Shewaram as investment director. Shewaram was a partner at BlueBay Asset Management and previously oversaw $25bn of assets at Western Asset Management.
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