Over at Lehman Brothers, the same phenomenon is apparent. Perry Hoffmeister, head of global communications and media and a member of the investment banking department’s global executive committee, has been made co-head of European investment banking alongside Benoit d’Angelin. Clearly with that kind of background, any attempts to portray Perry as one of those press-shy bankers will meet with instant scepticism. Then there is SG Corporate & Investment Banking (SG CIB), which has made Stéphane Landon and Frédéric Desclaux co-heads of the fixed income and derivatives activities in Europe and Asia.
No-one at The Banker seems to have met Grégoire Varenne, who was recently promoted to SG CIB’s debt finance division’s executive committee, but he must be something quite special. It has required both Stephane and Frédéric, with their combined 28 years of experience at SG, to replace him.
