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by Baz Hiralal
Lazard appointed Henrique Meirelles, former president of the Central Bank of Brazil, as chairman, Lazard Americas. He works from São Paulo.
The firm is also taking over its Brazilian joint venture, Signatura Lazard, which was formed in 2004. Marcelo Lyrio and Jean Pierre Zarouk, founders of Signatura, retain their titles as managing directors and co-heads of Lazard's Brazilian investment banking operations.
Meirelles was president of Brazil's Central Bank from 2003 through 2010. Before that, he was president of FleetBoston's corporate and global bank, and president of its predecessor, BankBoston, which he joined in 1974. Meirelles is chairman of the advisory board of J&F Participações SA, the holding company of JBS SA, and a board member of Azul Linhas Aéreas Brasileiras.
Ian Lowitt joined Marex Spectron Group as chief financial officer and head of strategy. Lowitt joins the commodities-focused broker from Barclays Wealth America, where he was chief operating officer. Before Barclays, he spent 14 years at Lehman Brothers Holdings Inc., most recently as CFO and previously as co-chief administrative officer.
Lowitt replaces Marcus Scarlett, who will work elsewhere in JRJ Group, a London-based private equity firm and majority owner of Marex.
Josef Ackermann formally handed over control of Deutsche Bank AG to Anshu Jain and Jürgen Fitschen at the company's annual meeting on May 31.
Ackermann, CEO since May 2002, told the supervisory board last year that he would not be available to lead Deutsche Bank come May. Referring to the European debt crisis, he said in a statement, "The extremely challenging conditions on the international financial markets and in the political-regulatory environment demand my full attention as chairman of the bank's management board. This does not allow enough scope for the many talks with individual shareholders necessary to implement the original plan."
Jain and Fitschen will be co-CEOs of Deutsche Bank. Jain had been in charge of investment banking operations while Fitschen headed Deutsche Bank's regional management worldwide.
Nick Butcher was named U.S. head of oil and gas for Macquarie Capital . Butcher will continue as U.S. head of infrastructure, utilities and real estate.
Rob Bilger , who leads Macquarie Capital's oil and gas acquisition and divestiture business, will assume broader responsibilities as vice chairman of the firm.
Kohlberg Capital Corp. hired Edward Gilpin as chief financial officer, succeeding Michael Wirth. Gilpin was CFO at Associated Renewable Inc., an energy consulting and carbon management company. From 2008 to 2011, he was CFO at Ram Holdings Ltd., a provider of financial guaranty reinsurance and, before that, he was CFO at ACA Capital Holdings Inc. , a provider of financial guaranty insurance products and asset management services, from 2000 to 2008.
Kohlberg Capital plans to change its name to KCAP Financial Inc.
Crowell & Moring LLP said John Fuson joined the firm's Washington office as a partner. Fuson had previously been associate chief counsel at the U.S. Food and Drug Administration since 2007, where he worked with the U.S. Department of Justice's consumer protection branch, bringing enforcement actions on behalf of the FDA. He will work with Crowell's healthcare, product risk management, white-collar and regulatory enforcement and intellectual property groups.
Clippings from the next column:
-- DBS Group Holdings appoints Credit Suisse Founder Securities Ltd.'s Neil Ge as DBS China CEO-designate.
-- Fifth Street Finance Corp. hires UBS' Dean Choksi as senior vice president of finance and head of investor relations.
-- Japanese Prime Minister Yoshihiko Noda replaces five cabinet ministers, including naming Tadahiro Matsushita as head of FSA.
-- Kleiner Perkins Caufield & Byers taps Megan Quinn as a partner.
Josef Ackermann formally handed over control of Deutsche Bank AG to Anshu Jain and Jürgen Fitschen at the company's annual meeting on May 31.
