Linklaters has appointed current Asian corporate head Matthew Middleditch as its new global corporate head to replace outgoing chief Jeremy Parr.
The firm has also named new London corporate head Sarah Wiggins as global head of client sectors (1 May 2014). She replaces projects partner Fiona Hobbs, who was put into the role in 2010.
Both will take up the reins in September and will serve until 2016.
Middleditch is currently the firm’s Hong Kong-based corporate head in Asia, having been sent to the region in 2011 (10 October 2011). He became one of the first senior partners to be deployed to emerging markets three years ago when he was transferred to Hong Kong. The partner has traditionally upheld the firm’s relationship with the Royal Bank of Scotland in Asia.
Middleditch has strong relationships with a number of major investment banks and insurance companies as well as other financial institutions. He advised Citibank at the end of last year on its $4bn bancassurance partnership with AIA (19 December 2013).
Current corporate chief Jeremy Parr will now return to full-time fee earning. He took over from David Barnes in 2010 and has also maintained strong relationships across the banking sector (1 April 2010).
Wiggins’ expertise is in the energy sector, following a secondment to BP last year. She leads Linklaters’ relationship with the energy giant and has held a raft of leadership positions at the firm including co-head of global chemicals and leader of the corporate natural resources group in the City (1 May 2014). She is the firm’s first female London corporate chief (1 May 2014).
Her predecessor as client sectors head, Fiona Hobbs, was central to launching the firm’s gender diversity targets last month (9 June 2014). Linklaters became the first magic circle firm to adopt gender diversity targets, aiming for 30 per cent female membership on its executive committee and international board by 2018.
Until successors are appointed, Wiggins and Middleditch will maintain overall responsibility for the London corporate team and the Asia corporate team respectively.