People News: BofA Merill Lynch, Schroders

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Bank of America Merrill Lynch has appointed Philippe Chryssicopoulos as its head of power, utilities and renewables investment banking for Europe, Middle East and Africa, according to a memo seen by Reuters.

The news agency reports that Chryssicopoulos will continue in his current role as BAML's head of infrastructure investment banking and will take on additional responsibilities for the bank's power, utilities and renewables clients across the region.

In the meantime, Bloomberg News reports that Schroders has hired Huw van Steenis from Morgan Stanley to be the U.K. asset manager’s global head of strategy and a member the firm’s group management committee.

Van Steenis is joining Schroders, which oversees about $455bn in assets, after 14 years with the U.S. investment bank. He was most recently a managing director and global coordinator of banks and diversified financials research, according to a statement Thursday. Based in London, he will be responsible for business strategy and corporate development in a newly created role and starts in the fourth quarter.

MOVES-BAML names Chryssicopoulos EMEA power, utilities and renewables head

Schroders Hires Morgan Stanley’s Van Steenis for Strategy

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