The BBC is to slash around 2,000 jobs from its workforce of about 18,000, as the public-funded broadcaster bids to reduce spending by 20% over five years.
CHI & Partners has appointed Mark Leversedge, the co-founder of Elvis, as a managing partner.
AKQA has appointed Amanda Morrissey as its client services director.
Shaun Gregory, the managing director of O2 Media, has been promoted to the new global role of director of advertising for its parent company, Telefónica.
British insurer Aviva’s asset management arm appointed Patrick Chong as head of financial institutions business development for Asia Pacific. Chong joins from Fullerton Fund Management, where he was senior vice president, business development.
The group’s corporate and investment banking arm named Craig Harvey as London-based sales trader, responsible for the Pan-Asian sales trading activity in Europe. Harvey previously headed the Pan-Asian sales trading team at Mizuho International.
The subsidiary of KPMG Europe LLP hired Charles Muller to its European investment management practice. Charles was previously the Deputy Director General of ALFI, the association of the Luxembourg fund industry.
The Dubai-based financial services firm named Michael Philipp as its chief executive. Philipp was chief executive of Credit Suisse Europe, the Middle East and Africa (EMEA).
CASTLEOAK SECURITIES LP
The New York-based boutique investment banking firm hired Cathy Bell as a managing director and co-head of its municipal finance group. Previously, she served as a managing director at Loop Capital Markets.
SIGNIA WEALTH LIMITED
The wealth manager appointed Shalini Khemka as a managing director. Khemka joins Signia while still retaining her position as chief executive and board director of The London Entrepreneurial Exchange, which she co-founded in 2010.
The commercial real estate services firm appointed Tim Pankhurst from Drivers Jonas Deloitte as an associate director in its dedicated student accommodation team.