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WPP has reported a 4% uplift in underlying revenues to £2.4bn in the first quarter, but the UK has been hit by slower growth from its direct and digital marketing operations, the company’s financial figures reveal today.

MEC has appointed Michael Dick, the communications planning director at Coca-Cola North West Europe, as its head of strategy for global solutions in London.

Isobel, the independent advertising agency, has appointed Chris Ridd to the newly created role of planning director.

JP MORGAN
The bank’s Russia head Jeff Costello is to retire, and deputy CEO and head of investment banking, Yan Tavrovsky, will replace him, the bank said on Thursday.

CITIGROUP GLOBAL MARKETS JAPAN INC
The bank has appointed Luke Randell as the director and head of global markets, effective May 21.

CME GROUP INC
CME Group Inc Chief Executive Craig Donohue, who has led the exchange operator since 2004, will leave the company, probably before its annual meeting next month, he said on Thursday.

MSCI INC
The investment analysis and market index company named Tae Jong Um as head of Korea. Um joins MSCI as a managing director and will be based in the company’s Seoul office. Prior to joining MSCI, he worked at Samsung Asset Management.

AVOCA CAPITAL HOLDINGS
The credit investment management company has appointed Stephen Holland as director of sales and marketing. Most recently Holland was business development manager for Abbey Capital.

GELLER & COMPANY
The financial advisory firm named Jerry Leamon as vice chairman of its advisory board. He has been global managing director of Deloitte.

ALVAREZ & MARSAL
The consulting firm has appointed Harvey Packham as a director with its global forensic and dispute services business (GFD) in Beijing.

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