Inside views on the jobs market
The following financial services industry appointments were announced on Nov. 26, linked where possible to personal profiles on LinkedIn. To inform us of other job changes, please e-mail firstname.lastname@example.org.
The chief investment officer of the Indian asset management arm of Fortis Group, K.C. Reddy, has quit to join a Swiss bank.
Jarrod Haggerty, Partner, PricewaterhouseCoopers LLP’s (PwC) Forensic Services team, will take on the new role of Chief Information Officer on a six-month secondment at the Serious Fraud Office (SFO). Mr Haggerty starts at the SFO in December.
M.R. BEAL & CO
M.R. Beal & Co, an investment bank specializing in municipal and corporate finance and equity execution, said Sean Boyea has joined the firm to oversee its municipal finance activities on the West Coast. Boyea, a managing director, will be based in the company’s Sacramento office.
Looking for a kinder, gentler work environment? If you’re in North America, you might consider heading east. Human resource experts say cultural differences could be the difference between taking a hefty pay cut and losing your job entirely.
During a downturn in the East, ”the right thing to do is to share the burden. There’s that sense of collective responsibility. Whereas in the West, it’s more about individual survival,” says Michael Benoliel, associate professor of organizational behavior at Singapore Management University.
The following are job changes within the financial industry for Oct. 7, linked where possible to personal and company profiles on LinkedIn. To inform us of other job changes, please e-mail email@example.com.
UBS INVESTMENT BANK
The Swiss investment bank said Janine McGrath Shelffo will join its Investment Banking Department (IBD) as a Managing Director in its Technology, Media and Telecommunications Banking group. Prior to this assignment, Shelffo was a managing director and senior coverage banker for the media sector at Lehman Brothers, where she worked since 2004.