Jean Luc Servat Hired as Managing Director; Further
NEW YORK--(BUSINESS WIRE)--Sept. 4, 2001--Fox-Pitt, Kelton Inc., a
unit of Swiss Re, today said that it is expanding its San Francisco
branch office to include a team of investment bankers that will focus
on mergers and acquisitions and capital-raising for financial
institutions in the western part of the United States including
California, the Pacific Northwest and the Rocky Mountain region.
The team will be led by Jean Luc Servat who joins FPK from Merrill
Lynch's San Francisco office.
Mr. Servat has more than 20 years of experience as an investment
banker in New York, Hong Kong and San Francisco. For most of the past
15 years, his primary focus has been on financial institutions in the
western United States. In addition to his tenure at Merrill Lynch, Mr.
Servat has held executive positions at Alex Brown where he was head of
West Coast financial institutions and Hoefer and Arnet, where he was
head of Investment Banking. Mr. Servat is a graduate of Ecole des
Hautes Etudes Commerciales in Josas, France, and received his MBA from
Harvard University, Cambridge, MA.
"Our San Francisco-based business continues to grow and we expect
these appointments to be just the first step in our expansion of FPK's
West Coast operations," said Peter E. Roth, FPK's senior managing
director and head of investment banking. "We have known Jean Luc for
many years and he brings with him extensive experience in the banking
and thrift sectors. Over the next few months we will be adding further
to our staff on the west coast."
In addition, Fox-Pitt, Kelton announced today that Michael Namba
and Olaf Vlieks will join the San Francisco investment banking
department as a vice president and associate respectively. Both worked
most recently at Merrill Lynch in San Francisco.
Fox-Pitt, Kelton is an international investment banking and
brokerage firm focusing exclusively on financial institutions
throughout the world. The company operates through full-service
offices in New York, London, Hong Kong, San Francisco, and Hartford.
Swiss Re is one of the world's leading reinsurers with over 70
offices in more than 30 countries. In the 2000 fiscal year, gross
premium volume amounted to CHF 26.1 billion (USD15.4 billion) and the
net income after tax reached CHF 3 billion (USD 1.8 billion). Swiss Re
is rated "AAA" by Standard & Poor's, "Aaa" by Moody's and "A++"
(superior) by A.M. Best.
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