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.
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).