Close Bros reshuffles senior management

UK corporate finance partner, Close Brothers Corporate Finance had reorganised its senior management team.

Stephen Aulsebrook, current CEO of CBCF and CEO of UK business will now exclusively be CEO of European business. The aim of this move is to drive the firm’s European growth as it continues to be supported by Daiwa Securities.

In further change, managing director and head of the media sector team, Richard Madden, has been appointed chief executive of the UK business.

Madden joined CBCF in 2005 from Bear Stearns where he was senior managing director of its European media practice. He has over 20 years of corporate finance experience spanning the UK, US and Continental Europe. Before Bear Stearns he was a managing director with ING Barings.