Philip's previous experience includes 12 years with Deutsche Bank's Investment Banking Division, where he managed many high profile M&A transactions, including Amersham International's merger with Nycomed, Richemont's buy-out of the minority shareholders in Vendome Luxury Group and Deutsche Post's joint venture with Securicor in the UK. More recently, he was a Senior Managing Director in the European M&A Group at Bear Stearns, responsible for leading their M&A origination initiatives in the Media, Transport and Logistics and Hotels and Leisure sectors with companies in the UK, continental Europe and the USA.
Commenting on the appointment, Marc Bailey, Director of Business Development at the London Stock Exchange said: "I am delighted to welcome Philip to the senior management team at the Exchange. He brings a wealth of international corporate finance experience that further increases our ability to attract companies from all over the globe.
With over 2000 companies already profiting from London's deep pool of liquidity, widespread equity culture and sophisticated investment community, Philip's team will compete against other global exchanges to provide the wide range of products and markets that companies require to raise their capital in London."
Philip will join the Exchange on 20 May 2002.
