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SJ Berwin has appointed a former senior UBS banker as a non-executive director in a move to replace Tony Angel following his departure to DLA Piper.
Lucinda Riches joins the firm in the position previously held by former Linklaters managing partner Angel, who quit the City firm last year to join DLA Piper as senior partner (26 October 2011).
Riches was a senior figure at UBS and its predecessors until 2007, holding different roles including global head of equity capital markets and vice-chairman of investment banking, as well as being on the board of the bank.
She currently holds a non-executive director role at UK Financial Investments, the organisation that manages the Government’s stakes in banks such as RBS and Lloyds Banking Group. She is also a non-executive director of the Diverse Income Trust and Graphite Enterprise Trust, an adviser to the board of business services organisation BSI Group.
SJ Berwin managing partner Rob Day commented in a statement: “This is an exciting and important appointment for the firm. Lucinda’s hugely relevant experience and expertise will make an invaluable contribution as we continue to develop and deliver top-quality client service while expanding our international reach.”
Riches added: “I look forward to working with the partnership board in helping to deliver its exciting plans for SJ Berwin. The firm has made tremendous progress in recent years and I look forward to being associated with its continued success.”
Angel spent just over six months as a non-executive director at the firm, joining last spring (11 March 2011).
His appointment followed a number of management initiatives introduced by managing partner Day following his 2010 election, including introducing a partnership board for discussing strategy (20 January 2011).