Rory Hammerson leaves London finance job

Rory Hammerson, a fund manager at Lloyds Banking Group's Scottish Widows Investment Partnership (SWIP) Business, has resigned from his finance job with the company.

He had worked for the firm, which has bases in London and Edinburgh, for the past 12 years as lead manager on several of the organisation's European projects.

Most notable among his responsibilities in his finance job was co-managing the SWIP Pan European Smaller Companies Fund.

A spokeswoman told Reuters: "There are no imminent plans to replace Rory.

"But we will be looking to strengthen the team further down the line."

Despite the company not bringing in any new members of staff to replace Mr Hammerson, his place at the fund will be taken by Catie Wearmouth, who is currently a senior member of Scottish Widows' Europe desk.

In a busy week of changes at SWIP, the company also announced the appointment of Roger Webb as corporate bond investment director.

Mr Webb, who previously worked for Aviva Investors, will be based in SWIP's Edinburgh offices once he takes up his finance job with the company.

Updated: 29 October 2009.
Categories: finance-and-accounting, jobs, market-and-industry-news.