(Updates BofA Merrill Lynch, adds JPMorgan, Aviva Investors, others)
Sept 7 (Reuters) - The following financial services industry appointments were announced on Tuesday. To inform us of other job changes, send an email to moves@thomsonreuters.com.
HSBC
HSBC's chairman Stephen Green is set to step down from Europe's biggest bank to become trade minister in Britain's coalition government, British media reported. Confirmation was expected later on Tuesday. Green joined HSBC in 1992 and was appointed chief executive in 2003 before taking up the role of chairman in 2006.
BARCLAYS
Barclays said its investment banking supremo Bob Diamond will take over as chief executive. Diamond will take over from Chief Executive John Varley at the end of March. Varley had indicated that he wanted to move on when he turned 55.
CREDIT SUISSE
Credit Suisse has put insider Osama Abbasi at the helm of the fast-growing Asia-Pacific region, replacing Kai Nargolwala less than three years after hiring him from Standard Chartered . Swiss bank Credit Suisse said Abbasi, currently the bank's Asia-Pacific head of equities, will take over his new role on Oct. 1.
Credit Suisse has poached John Heagerty from Royal Bank of Scotland as insurance analyst for Australia to replace Arjan van Veen, who moved to Hong Kong with the company in a regional role, two people with knowledge of the move said.
DELOITTE TOUCHE TOHMATSU LTD
The company appointed Chris Harvey as the new leader of its global financial services industry group. Harvey has been global head of banking and securities at Deloitte UK since 2008.
BANK OF AMERICA MERRILL LYNCH
Bank of America Merrill Lynch said on Tuesday it has hired Michael Benz from UBS as its new Asia-Pacific head of wealth management, succeeding Antony Hung who is retiring.
The bank's Canadian branch also hired Tim Watson as managing director and head of Canada's energy and power investment banking, based in Calgary. Watson joins from CIBC World Markets.
ABU DHABI INVESTMENT AUTHORITY
Abu Dhabi Investment Authority (ADIA), the sovereign wealth fund estimated to be the world's largest, on Monday named Ted Chu from U.S. automaker General Motors as its chief economist. Chu will be based in Dubai. COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Sept 7 (Reuters) - The following financial services industry appointments were announced on Tuesday. To inform us of other job changes, send an email to moves@thomsonreuters.com.
HSBC
HSBC's chairman Stephen Green is set to step down from Europe's biggest bank to become trade minister in Britain's coalition government, British media reported. Confirmation was expected later on Tuesday. Green joined HSBC in 1992 and was appointed chief executive in 2003 before taking up the role of chairman in 2006.
BARCLAYS
Barclays said its investment banking supremo Bob Diamond will take over as chief executive. Diamond will take over from Chief Executive John Varley at the end of March. Varley had indicated that he wanted to move on when he turned 55.
CREDIT SUISSE
Credit Suisse has put insider Osama Abbasi at the helm of the fast-growing Asia-Pacific region, replacing Kai Nargolwala less than three years after hiring him from Standard Chartered . Swiss bank Credit Suisse said Abbasi, currently the bank's Asia-Pacific head of equities, will take over his new role on Oct. 1.
Credit Suisse has poached John Heagerty from Royal Bank of Scotland as insurance analyst for Australia to replace Arjan van Veen, who moved to Hong Kong with the company in a regional role, two people with knowledge of the move said.
DELOITTE TOUCHE TOHMATSU LTD
The company appointed Chris Harvey as the new leader of its global financial services industry group. Harvey has been global head of banking and securities at Deloitte UK since 2008.
BANK OF AMERICA MERRILL LYNCH
Bank of America Merrill Lynch said on Tuesday it has hired Michael Benz from UBS as its new Asia-Pacific head of wealth management, succeeding Antony Hung who is retiring.
The bank's Canadian branch also hired Tim Watson as managing director and head of Canada's energy and power investment banking, based in Calgary. Watson joins from CIBC World Markets.
ABU DHABI INVESTMENT AUTHORITY
Abu Dhabi Investment Authority (ADIA), the sovereign wealth fund estimated to be the world's largest, on Monday named Ted Chu from U.S. automaker General Motors as its chief economist. Chu will be based in Dubai. COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
