LONDON: College Group has hired former Telegraph Group head of business Damian Reece as managing partner and deputy CEO of its capital markets division.
Reece was at the Telegraph Group until February, where he was head of business with responsibility for the business sections of both The Daily Telegraph and The Sunday Telegraph newspapers, as well as for Telegraph Online.
In his new role, Reece will work closely with Paul Downes, CEO of College Hill Capital Markets, to grow the business and underpin the group's international expansion strategy.
The agency's capital markets business is the largest operation within College Group. The firm bought financial PR agency Merlin last August, of which Downes was MD.
“[Reece] has a first-class reputation as a journalist and editor, and his appointment adds a new edge to our profile and positioning,” said Richard Nichols, College Group's chief executive. “It is also indicative of the direction in which we are progressing as we are joined by further high-level advisers and teams that can make a similarly significant impact and contribution toward realizing our strategic objectives.”
“I have thoroughly enjoyed my career in journalism and have had the privilege of working at some great publications, but I am very excited by the opportunity to move into the advisory world with College Group at this point in its evolution,” added Reece.
This story originally appeared on the website of PRWeek UK, the sister publication of PRWeek at Haymarket Media.