Refinitiv has appointed Cornelia Andersson as global head of M&A and Capital Raising in a bid to increase the position of its Investment Banking franchise.
Based in London, Andersson will report to Pradeep Menon, managing director of Investing & Advisory (I&A),as a member of the I&A Proposition Leadership Team.
She joins Refinitiv from Blackstone, where she was senior vice president, global head of Research and Market Data, leading the firm's market data and business intelligence functions globally. As Refinitiv's new head of Investment Banking, she will lead the ongoing investment in Refinitiv's I&A franchise, including the build out of its teams and technological tools available to its Banking customers by expanding multiple data sets and content into the Junior and Senior banker workflow.
The investment banking industry is undergoing rapid transformational change at the moment and I am honoured to join Refinitiv to help develop next-generation solutions that enable global business for our customers."
Pradeep Menon, managing director of Investing & Advisory said: "We are thrilled to welcome Cornelia to our Investment Banking team. She brings a wealth of industry experience and a deep understanding of the Investment Banking workflow which will be invaluable in developing next-generation solutions for our customers.
"I am confident that this will help fuel the execution of our strategy and further growth of the business.I wish to also thank and congratulate Leon Saunders Calvert for stewarding the Banking business to the leading franchise it is today, and for his commitment to leading our ESG Sustainable Investing and Lipper Fund Ratings businesses."
Earlier this year, Leon Saunders Calvert, the previous head of Investment Banking, was promoted to head of Sustainable Investing & Fund Ratings, a newly created role that brought together Refinitiv's ESG Sustainable Investing and Lipper Fund Ratings businesses to increase focus on unearthing links between sustainable business strategies and financial performance.
Cornelia Andersson, Global Head of M&A and Capital Raising, said: "The Investment Banking industry is undergoing rapid transformational change at the moment and I am honoured to join Refinitiv to help develop next-generation solutions that enable global business for our customers. I look forward to working with Pradeep and the wider team to build on the strong foundations of Refinitiv's Investment Banking franchise and help to lead the business in the continued execution of its strategy."