Rencap continues hiring spree with Metals & Mining recruits

by admin on February 1, 2010

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By Ivan Anderzhanov

Russia’s Renaissance Capital has boosted its London-based metals and mining capabilities with the appointment of Roger Murphy as head of metals and mining sales and Jeremy Wrathall as head of London metals and mining origination within the investment banking division.

Murphy joins from Canaccord, where he has been head of resource and international sales in the firm’s London office since 2005. He will join Rencap as managing director in the London office and will lead the firm’s specialist metals and mining sales force.

Wrathall joins from GMP Securities, where since 2007 he was the senior partner responsible for originating and coordinating the firm’s corporate finance business in the global mining industry. Previously, Wrathall was global head of mining equities at Deutsche Bank.

Andrew Cornthwaite, deputy chief executive and head of investment banking at Renaissance Capital, said in a statement: “The mining sector represents a very significant part of our natural resources business, and the appointment of two senior veterans of the mining sector is a sign of our commitment to the area.”

Cornthwaithe said the bank will be further strengthening the team with appointments in equity research and in trading, as well as further senior hires in the oil and gas sector.

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