CVC brings in new telecoms head

UK LBO firm CVC Capital Partners has made Lorne Somerville the new head of telecoms (TMT). Somerville will join as a partner based in CVC’s London office and will lead the firm’s TMT practice.

He joins from UBS where he was the joint global head of telecoms and head of the European communications group. He led the investment banking telecoms team for seven years, and was responsible for coverage of telecommunications and media companies in EMEA. Prior to UBS he worked at Swisscom as head of Swisscom International. He has held several board positions in the industry including Cesky Telecom a/s and Unisource.