Financial news

The room was alight with enthusiasm after Ajulu-Bushell’s speech, her personal story resonating with most of the senior executives on the FN100 Women list who have faced similar challenges making their way to the top in a male-dominated industry.

Here’s a gallery of pictures of the evening

Among the City’s moves this week:

Newton Investment Management, an asset management subsidiary of BNY Mellon Investment Management, has appointed Judy Marlinski as chair of its UK and US boards.

Marlinski, who has served as an independent non-executive board member of these boards since July, succeeds Susan Noble as chair of the UK board. Noble is stepping down after serving eight years as a board member and five years as its chair.

Her appointment to the US board supports the expansion of Newton’s US business following the integration of Mellon’s equity and multi-asset capabilities in September 2021.

Nick Bishop and Teodor Todorov have been named co-heads of its financial sponsors’ group for Europe, the Middle East and Africa at Morgan Stanley, Financial News revealed. The pair are long-serving dealmakers at the US bank.

Franck Petitgas, head of Morgan Stanley International and former head of investment banking globally, is retiring from the bank. He spent 30 years at the firm in a variety of senior roles.

RBC Capital Markets has hired Thomas Hofmeister as head of sponsor coverage for Germany. He was latterly at BNP Paribas and joins in a newly-created role.

Rothschild & Co has taken on the former chair of mining giant Rio Tinto. Simon Thompson is joining the independent investment bank as a senior adviser in its UK advisory business, it said in a statement.

Investec has hired Jason Quinn as head of European sales within its growing Dublin office. He was previously director of equity sales at Numis.

Magic Circle law firm Allen & Overy has hired leveraged finance partner Marwa Elborai from US law firm Shearman & Sterling in London. The high-yield finance specialist represents banks and credit funds on financing deals. She has been a partner at Shearman since 2016 working in its New York and London offices.

A&O has also appointed Donald Joyce as its new chief financial officer. He joins from renewable energy company Renewable Energy Systems replacing Jason Haines who will retire from the firm in the summer of 2023.

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