And it is to the magic circle that two major financial institutions have turned this week to appoint new executives.
First came the news that Freshfields Bruckhaus Deringer’s former senior partner, Konstantin Mettenheimer, is moving to asset manager Edmond de Rothschild Group later this year as its Germany chairman.
Mettenheimer was a key figure in Freshfields’ German growth, taking on the role of regional managing partner immediately after the Anglo-German merger in 2000 which created the firm. In 2004 he was elected as co-senior partner and served in the role until stepping down in 2010.
Over at Clifford Chance, departing partner Daniela Weber-Rey didn’t quite make it to the position of senior partner, missing out in the 2010 elections. However the corporate partner served on the firm’s management board for several years, stepping down earlier this year.
Yesterday Deutsche Bank announced that Weber-Rey was taking on a brand new role, that of chief governance officer and deputy global head of compliance, putting her right at the heart of the bank’s key strategic moves going forward.
While these two appointments stand out for their profile, they’re not the only ones in Europe in the past few weeks – check out today’s moves round-up for the rest.