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Simmons & Simmons has elected head of its international financial markets practice Jeremy Hoyland as its next managing partner.
Hoyland won a two-way race against Germany chief Hans-Hermann Aldenhoff and will take up the post in April 2011 once incumbent Mark Dawkins steps down after two terms in the role.
Both Hoyland and Aldenhoff hail from strategically important practices. Hoyland is head of the key financial institutions sector, which accounts for the majority of the firm’s £251m income, while Aldenhoff runs the German offices, which have been identified for further investment.
Hoyland joined Simmons in 1989 as a trainee, qualifying into the London banking and capital markets department in 1991 and becoming a partner in 1997. He worked in the Hong Kong office as head of international finance from 1998 to 2001.
Senior partner David Dickinson said: ”Jeremy brings considerable international experience and management expertise to the role. I’m confident that his drive and ambition for the firm will deliver our international strategy.”