Andrew McCullagh has stepped down as
Malcolm Stewart and Steve Wellington will take over as co-heads of the European leveraged finance business. Stewart has been head of EMEA leveraged finance capital markets since he joined the firm in 2005 from Citigroup. Wellington has been with the firm since 1999 and was responsible for corporate leveraged and acquisition finance before becoming COO of EMEA leveraged finance and financial sponsors in 2007, a function he will retain.
• Private equity firm
Balint was previously a director in the leveraged and acquisition business at ANZ and also has a background in project finance.