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Raymond Banoun has succeeded David Williams as managing partner of Cadwalader Wickersham & Taft's Washington DC office
Williams will remain in the DC office and return to his complex commercial litigation practice. Prior to taking the lead role in DC, Banoun was head of Cadwalader's business fraud and complex litigation practice. He acts for financial institutions, investment firms, corporate clients and individuals in a range of civil and criminal investigations and cases. "I look forward to assuming this important position and building upon Cadwalader's success," said Banoun. He added that he would focus on exploiting opportunities for boosting business from new and existing clients and grow the office from its 40-lawyer base. Firmwide chairman and managing partner Robert Link said: "Ray is an outstanding attorney who shares our commitment to strategic growth in Wash-ington and worldwide." Banoun is a well-known figure in the city's white collar crime circles. Before switching to defending clients at Cadwalader, he served as chief of the Fraud Division of the US Attorney's Office for the District of Columbia. He also founded the American Bar Association's annual National Institute on White Collar Crime.