People moves and key promotions in securitisation

This week’s roundup of securitisation job swaps sees CBRE appointing a successor to its outgoing US debt and structured finance president, Rachel Vinson. Elsewhere, the Structured Finance Association has appointed two industry veterans to its policy team, while Aon has recruited senior members in its structured credit solutions and reinsurance solutions teams. 

CBRE has promoted James Millon to president of US debt and structured finance, working out of its New York office. He will take over from Rachel Vinson on 1 November, overseeing the debt and structured finance division’s US activity, as well as its planned expansion across the country.

Vinson is reportedly leaving the firm due to personal, family-related reasons, having taken on the role as president of US debt and structured finance in May 2022. She rejoined CBRE in 2019 after a six-year stint at Barings.

Millon is promoted from the role of vice chair and co-head of US large loans, having originally joined CBRE as executive vice president in 2016. He previously spent four years at Deutsche Bank and five years at Société Générale.

Meanwhile, the Structured Finance Association has appointed two industry veterans to its policy team in response to what it describes as the continued evolution of the policy landscape in the industry. The organisation has appointed David Dwyer as general counsel and Macquarie Group’s Frank Tallerico as ABS policy director.

Dwyer served as senior counsel on the US Department of the Treasury’s corporate finance and governance team until recently, as well as holding the same role on the US Senate’s committee on banking, housing and urban affairs. He joined the US Department of the Treasury in 2019, having previously had stints at BNY Mellon, State Street, Bank of America Merrill Lynch, Paul Hastings and Linklaters.

Tallerico joined MacQuarie as a senior manager in the specialised and asset finance team in 2021. He was previously a senior consultant at Aurora Structured Finance Solutions, a senior director in the asset-backed finance group at Nord/LB and vice president on the structured finance team at BayernLB.

Aon has appointed Meera Saunders as client director for structured credit solutions and Nicola Fraccalvieri as leader of the EMEA facultative team within reinsurance solutions, both working out of London. Saunders leaves her role as head of strategy and operations for trade finance at AIG after 12 years with the insurer. Fraccalvieri rejoins the group after 15 years with Guy Carpenter, leaving his role as head of continental Europe facultative and head of London facultative for casualty, specialty and financial lines.

Santander has appointed Kai Ang and James Spencer as co-heads of consumer and non-flow asset-based finance and ABS, based in New York. The pair were previously directors at Deutsche Bank, which they joined in 2017 from Bank of America and MUFG respectively.

And finally, First Abu Dhabi Bank has appointed Sarah Pirzada Usmani as global head of loan capital markets and sustainable finance. Usmani joined the bank seven years ago after 13 years with Standard Chartered and moves from her position as global head of sustainable, asset and project finance. Her background spans structured finance, aviation finance, project finance, structured export finance, structured trade finance and Islamic finance.