Briefs: Collection House appoints CEO, ANZ staff cutting on hold, BNP poaches Citi insto banker
Collection House has appointed Anthony Rivas as its new chief executive, replacing Matthew Thomas who resigned in February. Rivas has had a long career in the collection industry and was most recently the managing director of Australian Receivables Ltd. Rivas has his work cut out for him at Collection House, which suffered a big fall in earnings in the December half and produced a return on equity of just 4.8 per cent. The Financial Services Union has taken aim at ANZ's job cutting program, which is being run via six separate simultaneous restructures, and will affect 45 ANZ locations. The FSU, via a note on its website yesterday, accused ANZ of imposing a very rushed consultation period and asserted the bank was pushing ahead with its workplace changes despite a request to maintain the status quo until the dispute was resolved. "We now know that ANZ has identified 709 staff as being impacted by the changes, with 207 predicted to be on redeployment facing retrenchment at the end of the process," the union said. BNP Paribas has appointed David Ratliff as head of financial institutions coverage for Asia Pacific, based in Hong Kong. He will be moving from Citigroup after a 26-year career, finishing as head of investor sales and relationship management, Asia Pacific. In his new role in BNP's corporate and institutional bank, Ratliff will be responsible for "deepening relationships and originating business with global and local clients" and will manage a team of senior bankers across Asia Pacific. Ratliff will report regionally to Pierre Rousseau, head of global markets, APAC, and functionally to José Placido, global head of FIC. Ratliff replaces Francois Leblanc, who is to relocate to Paris to take up a senior management position in the BNP Paribas Group.