City Moves for 29 November – who’s switching jobs at CBRE, Co-operative Bank and Genesis?
Who’s moving jobs?
CBRE
Global real estate advisor, CBRE, has appointed Colin Elliot to lead its corporate capital markets business, part of CBRE Capital Advisors. The appointment is a key strategic hire for the Capital Advisors team as it looks to optimise the potential for growth of this important business sector, providing strategic financial advice to corporate clients in the UK and EMEA.
Colin brings over 30 years of experience to the role; until recently he was the chief financial officer at House of Fraser, re-financing and restructuring the group prior to its recent acquisition by Sports Direct. Prior to that he held a variety of C-suite roles with the De-Vere Group, Malmaison, Whitbread and Ridgmont, bringing with him a wealth of professional corporate experience as well as a valued insight from having worked within major, listed occupiers. In his new role, Colin will be responsible for leading and developing the corporate capital markets strategy within CBRE.
Co-operative Bank
The Co-operative Bank today announces the appointment of Donald Kerr to the new role of managing director, SME Banking, as part of its bid to significantly grow its presence in the business banking market. The appointment is subject to regulatory approval. Kerr joins from CYBG, where, as head of SME banking since August 2016, he has led on growing the group’s SME capability, delivering key digital improvements and he was responsible for developing CYBG’s business case for the forthcoming capability and innovation fund initiative.
Previously he spearheaded a phase of growth at Lloyds Banking Group, where he held managing director roles in commercial finance and SME banking. Kerr will join in early 2019 and report to Chief Executive Andrew Bester.
Genesis
Genesis, the international capital markets software firm, has made two senior hires following a sustained period of growth and investment. Simon McDowell has been appointed chief commercial officer and Darren Newby joins as solutions director. Genesis works with a wide range of financial institutions including buy-side, sell-side, execution venues and clearing houses, providing a microservices technology framework.
McDowell joins from Fixnetix, a DXC company, where he was regional head of sales and account management. Darren Newby brings 30 years of client-facing experience in financial services and technology, including senior tenures at leading global vendors Thomson Reuters (now Refinitiv) and Fidessa. Newby’s most recent role was Director of Connectivity Solutions at Ullink, where he worked with McDowell.