Loomis to Step Down at Lazard

Financial News, October 29, 2001 | Go to article overview
Save to active project

Loomis to Step Down at Lazard

Senior Appointments

William Loomis, chief executive of Lazard, will step down at the end of the year after less than a year in the job. Loomis has worked at the bank for 24 years. As chief executive of Lazard's New York office he was instrumental in the merger of the investment bank's offices in London, New York and Paris. He was subsequently promoted to chief executive of the combined entity. Loomis will stay on as a limited partner.

Richard Wohanka has left WestLB Asset Management only three years after joining it as chief executive to take up the same role at Fortis Investment Management. Wohanka joined WestLB after only two years at Baring Asset Management, where he was chief executive of the institutional and mutual fund division which followed a 13-year spell at Banque Paribas. He became the first non-French member of the board and led the fund management arm.

Nasdaq has appointed Michael Sanderson as the first chief executive of its European operations, as it tries to build in the region after its purchase of Easdaq, the ailing high-growth stock exchange, earlier this year. Sanderson, formerly a senior executive at Reuters and chairman and chief executive of Merrill Lynch Canada, succeeds John Hilley, chairman of Nasdaq International, who served as acting chief executive until Sanderson's appointment. Sanderson was most recently chairman and chief executive of Market XT, the retail trading platform bought by Tradescape last year.

PricewaterhouseCoopers has hired Malcolm Levitt, a European Union adviser and senior executive at Barclays, as a senior adviser to the firm in London. At Barclays, Levitt was responsible for advising on the bank's European Monetary Union planning.

Investment Banking

BNP Paribas has relocated Francois Artignan, head of its European media and telecoms finance group, and David Arlettaz, a senior banker in the same group, to London from Paris. The relocations mark the latest attempt by the French bank to balance its activities between its Paris headquarters and the London office. Artignan and Arlettaz will retain their current roles within the media and telecoms finance group, and will continue to report to Philippe Vuarchex, global head of the group, who will remain in Paris.


Gregg Sando, global head of the financial institutions team at Deutsche Bank, has accelerated his expansion of the team with the appointment of Charles Murphy, chief financial officer of Antfactory, as managing director. Murphy has been appointed to build up Deutsche's client coverage across the full range of financial services companies, from insurers to banks.

Philip Mastriforte, a senior mergers and acquisitions banker at Bear Stearns in London, has left the firm. Mastriforte was a senior managing director in the London-based M&A team. Before he joined Bear Stearns, Mastriforte spent several years at Deutsche Morgan Grenfell.

Bank of Ireland is looking for its first deal in UK acquisition finance after putting a team of five people in place in the past few months. Grant Gardner and Nathan Hawkes have joined the bank from the leveraged finance group at Societe Generale, where they were both directors. Gardner is head of Bank of Ireland's UK acquisition finance team, and Hawkes is a director. In addition, Allan Clawson has joined from Bank of Scotland as a director; Alistair Riddle has joined from AIB as a manager, and Nick Bellis is on secondment from Deloitte & Touche Corporate Finance for 18 months.

Fund Management

Credit Suisse Asset Management has appointed Peter Dellsperger as head of global equity products. Dellsperger is relocating to London to take over the role. He was previously representative director and president of Credit Suisse Trust and Banking Japan. He reports to Laurence Smith, CSAM's global chief investment officer, and will be responsible for integrating CSAM's geographically divided global equity product line.

The rest of this article is only available to active members of Questia

Sign up now for a free, 1-day trial and receive full access to:

  • Questia's entire collection
  • Automatic bibliography creation
  • More helpful research tools like notes, citations, and highlights
  • Ad-free environment

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
Loading One moment ...
Project items
Cite this article

Cited article

Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

Cited article

Loomis to Step Down at Lazard


Text size Smaller Larger
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

While we understand printed pages are helpful to our users, this limitation is necessary to help protect our publishers' copyrighted material and prevent its unlawful distribution. We are sorry for any inconvenience.
Full screen

matching results for page

Cited passage

Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

Cited passage

Welcome to the new Questia Reader

The Questia Reader has been updated to provide you with an even better online reading experience.  It is now 100% Responsive, which means you can read our books and articles on any sized device you wish.  All of your favorite tools like notes, highlights, and citations are still here, but the way you select text has been updated to be easier to use, especially on touchscreen devices.  Here's how:

1. Click or tap the first word you want to select.
2. Click or tap the last word you want to select.

OK, got it!

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.

Are you sure you want to delete this highlight?