emeafinance eNews - People Moves June 2009
EFG International makes senior hires
Lukas Ruflin has been appointed deputy CEO of EFG International, returning from EFG Financial Products which he co-founded in 2007. In his new role, he will focus on further development and execution of the firm’s strategy, working closely with CEO Lawrence Howell and his colleagues in the executive committee.
Troika appoints Paolo Zaniboni head of London office
Troika Dialog, one of the leading Russian investment banks, has appointed Paolo Zaniboni as head of the company’s London office. In addition, Zaniboni, who has been with Troika since June 2007, will continue his work as head of research.
FNBB appoints first Motswana CEO
First National Bank of Botswana Limited (FNBB) has appointed Lorato Boakgomo-Ntakhwana as CEO of the bank. She will be the first Motswana woman to hold this position.
Nomura hires Ex-UBS banker for EMEA unit
Japanese bank Nomura has hired Selim Toker from UBS as head of its global finance solutions team for Europe, the Middle East and Africa, according to an internal memo.
JP Morgan banker joins Kremlin
The Russian government has hired one of the country's most influential investment bankers to informally consult state-run companies over acquisitions abroad, according to banking sources.
GWM expands into Middle East
Global Wealth Management Group (GWM) has announced that Shawn Mofidi has been elected chairman of the wealth management and family office services division of the firm.
Barclays hires 450 in equity since autumn
Barclays Capital has hired 450 bankers to strengthen its equity business in Europe and Asia since the autumn, as it aims to become a top three player in Europe by 2011. It is 18th in European ECM league tables at present.
Exotix hires new chief executive
Exotix, a frontier market broker and investment banking boutique, has recruited Vikas Nath as its new chief executive to strengthen its senior management team, following three years of rapid growth.
Investcorp hires former head of Citigroup's Middle East operations
Bahrain's Investcorp has announced that Mohammed Al-Shroogi, Citigroup's former managing director for the Middle East and CEO for Citi in the UAE, has resigned and will join Investcorp as head of its Gulf activities.
New CFO for VocaLink
VocaLink, an international payment transaction specialist, has appointed Claire Hafner to its board as CFO. Hafner will be responsible for all aspects of the company’s financial management, including the accounting, commercial, procurement, legal, and risk and compliance functions.
UBA appoints new executive director
The board of The United Bank for Africa has appointed Alhaji Bello as executive director with supervisory responsibilities for the bank’s interstate transaction business. The appointment is subject to the confirmation of the Central Bank of Nigeria.
Armajaro hires Ex-Lehman banker to head new EM fund
Armajaro Asset Management has appointed Michel Danechi to manage a new emerging markets hedge fund which was launched earlier this year.
Russian private equity firm UFG hires EBRD senior banker
UFG Asset Management has hired Robert Sasson, the former head of the St Petersburg office of the European Bank of Reconstruction and Development (EBRD), as senior managing partner of UFG Private Equity.
Standard Chartered appoints MENA head
On September 1, David Law will join Standard Chartered as the managing director and regional head of the origination and client coverage (OCC) team for the Middle East and North Africa (Mena). Law will report to V. Shankar, member of the Standard Chartered group management committee and group head of origination and client coverage.

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