Capital solutions head poached

Capital solutions head poached
Howden CAP has appointed Colin Reddy as md, head of financial institutions and advisory, based in London. He will leverage his industry expertise to provide clients with balance sheet and regulatory advisory solutions, while deepening Howden CAP’s existing structuring expertise.

Reddy has over 20 years’ experience in financial services and joins Howden CAP from Mizuho Financial Group, where he was responsible for the financial institutions debt capital markets team - including balance sheet and capital solutions and securitised products - across EMEA. During his time at Mizuho, Reddy advised on and executed a number of strategic capital and balance sheet transactions for the firm’s key global clients.

Prior to Mizuho, he spent a decade at Bank of Ireland, working across its global markets, asset management, finance and group treasury functions. Latterly, he served as head of balance sheet management and deputy head of capital management at the bank.

In other news…

EMEA
The EIB has promoted Giovanni Inglisa to senior officer - financial institutions, working on funding capital relief and risk-sharing transactions. Based in Luxembourg, he was previously a loan officer - banks and structured finance at the bank, having been a structured finance manager at the EIF since February 2014. Before that, Inglisa worked at S&P, EY and Protiviti in Milan.

Valcona portfolio securitised
illimity Bank has structured a securitisation backed by a portfolio of performing loans worth €150m. illimity acted as co-arranger for the transaction, together with Banca Finanziaria Internazionale, and underwrote senior ABS notes of €90m.

The securitised loans were originated by Banca Popolare Valconca, which has been in special administration since December. With this deal, the investments made by illimity’s investment banking division have risen to over €250m in just nine months since this specific business segment began operations.

The division has continued to add to and develop its customer services for corporates and financial intermediaries by providing risk hedging instruments to third-party institutions and non-captive customers.

Capital solutions head poached

Capital solutions head poached

Category: ABS Capital Relief Trades Regulation

Wednesday 12 April 2023 13:24 London/ 08.24 New York/ 21.24 Tokyo

Sector developments and company hires

Capital solutions head poached
Howden CAP has appointed Colin Reddy as md, head of financial institutions and advisory, based in London. He will leverage his industry expertise to provide clients with balance sheet and regulatory advisory solutions, while deepening Howden CAP’s existing structuring expertise.

Reddy has over 20 years’ experience in financial services and joins Howden CAP from Mizuho Financial Group, where he was responsible for the financial institutions debt capital markets team - including balance sheet and capital solutions and securitised products - across EMEA. During his time at Mizuho, Reddy advised on and executed a number of strategic capital and balance sheet transactions for the firm’s key global clients.

Prior to Mizuho, he spent a decade at Bank of Ireland, working across its global markets, asset management, finance and group treasury functions. Latterly, he served as head of balance sheet management and deputy head of capital management at the bank.

In other news…

EMEA
The EIB has promoted Giovanni Inglisa to senior officer - financial institutions, working on funding capital relief and risk-sharing transactions. Based in Luxembourg, he was previously a loan officer - banks and structured finance at the bank, having been a structured finance manager at the EIF since February 2014. Before that, Inglisa worked at S&P, EY and Protiviti in Milan.

Valcona portfolio securitised
illimity Bank has structured a securitisation backed by a portfolio of performing loans worth €150m. illimity acted as co-arranger for the transaction, together with Banca Finanziaria Internazionale, and underwrote senior ABS notes of €90m.

The securitised loans were originated by Banca Popolare Valconca, which has been in special administration since December. With this deal, the investments made by illimity’s investment banking division have risen to over €250m in just nine months since this specific business segment began operations.

The division has continued to add to and develop its customer services for corporates and financial intermediaries by providing risk hedging instruments to third-party institutions and non-captive customers.

×