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Bank of America Corp named its first non-American board member on Wednesday, appointing Mukesh Ambani, an Indian national, as a director of the largest U.S. bank by assets.

Ambani, 53, has headed Reliance Industries a petrochemical company that is India’s largest private business with $44.6 billion in annual revenue, since 2002.

JEFFERIES

The investment banking firm appointed Peter Bacchus as joint head of European investment banking and global head of metals and mining investment banking. Separately, it also appointed Richard Allan as the European head of metals and mining investment banking. Both Bacchus and Allan joined Jefferies from Morgan Stanley .

MERRILL LYNCH

The company appointed Alberto Cejudo Podio as a financial advisor, based in Madrid, Spain. Podio joins from Banque Privée Edmond de Rothschild where he was a senior manager responsible for Spanish U/HNWIs.

SANDLER O’NEILL

The company, which focuses on the financial services sector, said it hired Aaron Dorr from Jefferies to head its asset management investment banking practice.

FIRST STATE INVESTMENTS INTERNATIONAL LTD

The asset manager said it appointed Trygve Refvem as a senior advisor to the team. It also anointed Tomas Pedraza as a director of asset management. Both Pedraza and Refvem will start their roles later this month.

DWS INVESTMENTS

The U.S. retail unit of Deutsche Bank’s asset management division said it appointed Tiffani Potesta as a director and senior national account manager, based in New York. (Reporting by Swetha Gopinath and Krishnakali Sengupta in Bangalore)

Rainey Kelly Campbell Roalfe/Y&R’s deputy chairman Tony Harris is leaving the agency to join BBDO Guerrero/Proximity Philippines as its new chief executive.

Richard Hartell, chief strategy officer at Starcom MediaVest, is to leave the UK to take up a strategic group role in the US with the Publicis-owned agency.

Specific Media, the online ad network, has appointed Chris Worrell, former insight manager at News International, to the newly created role of European research manager.

 

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