CITY MOVES | WHO’S SWITCHING JOBS
Insurance Institute of London
The IIL has elected Stephen Catlin, the chief executive of the Catlin Group, as its new president, taking over from Willis group president Grahame Millwater. Catlin, who founded the insurer in 1984, has also previously served as chairman of the Lloyd’s Market Association and a member of the Lloyd’s Franchise Board.
In addition, the IIL appointed Marsh UK chief executive Martin South as its new deputy president.
LMS Capital
Mark Sebba, the chief executive of luxury online womenwear retailer Net-a-Porter, has joined the board of private equity group LMS Capital as a non-executive director.
A chartered accountant and former investment banker, Sebba has been at Net-a-Porter since 2003, prior to which he was finance director at Video Networks and Golden Rose Communications.
Syndicate Asset Management
The fund management group has appointed David de Winton to its subsidiary Savoy Investment Management.
De Winton joins Savoy as an investment manager from Charles Stanley, where he co-managed a mature discretionary client base in excess of £100m. Prior to that, he worked at stockbroker Killik & Co between 1998 and 2006.
Eversheds
The law firm has expanded its shipping practice with the appointment of senior associate Terry O’Regan to establish a new international trade team.
O’Regan joins from Kuwait Petroleum Corporation, where he was the senior legal adviser providing advice on the English law aspects of the sale and delivery of Kuwait’s crude oil and petroleum products.
Aldermore
The banking start-up has hired Ali Humphries from Nationwide Building Society as its new head of HR.
Prior to joining Nationwide, Humphries held the same position for the retail operations of HBOS and, up until April 2007, ran her own HR consulting firm advising clients such as Amex, Dell, ING, Vodafone and Thames Water.
Premier Asset Management
The asset manager has appointed Chris Norsworthy as a regional investment sales manager for south east England.
Norsworthy was most recently regional sales director at Close Finsbury Asset Management and, prior to that, head of UK sales at Sarasin Investment Management.