New cfo at Sovereign

Michael Needley has joined Sovereign Capital as chief financial officer. He was previously senior manager in the financial services office of Ernst & Young where he provided assurance and advisory services to a number of blue chip banking clients, including UBS Warburg, Lehman Brothers, UBS Capital and Barclays.

Prior to moving to the UK in 1997, Needley worked for Ernst & Young in Vancouver, Canada providing assurance and transactional services to both large corporate and owner-managed businesses within various industries including financial services, natural resource and retail.