Shaw and Partners appoints co-CEOs
Shaw and Partners has moved to a new management structure with co-chief executive officers.
The company announced this week that the move, which would see Allan Zion and Earl Evans named co-CEOs, reflected a more streamlined approach to its growth, compliance standards, and focus on the development of an increasingly broader offering for clients.
Zion has been with Shaw and Partners as managing director since 2009, having joined the company in 1991, while Evans joined Shaw and Partners in February last year from Macquarie Bank, where he was chief executive of the North American Banking and Financial Services Division.
Commenting on the move, Shaw and Partners non-executive director, Paul Masi, said it represented a natural evolution for the businesses and would be the key to achieving its goals in terms of expansion of its retail, institutional, and corporate research offering.
Zion and Evans will split their daily responsibilities, with Zion taking lead responsibility for all infrastructure and operational aspects of the business, while Evans takes lead responsibility for all revenue-generating activities, including management of institutional, corporate finance, private wealth and fixed income divisions.
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