Richard Spiegelberg, Merrill Lynch’s long-standing communications chief
is to head a new communications team for the firm’s international
private banking group.
Spiegelberg, currently director of marketing and communications for the
US investment giant’s Europe, Middle East and Africa function, said his
new job would be a ‘senior role within the organisation’.
‘Our international private banking group has expanded considerably over
the last few years and it is now considered strategically appropriate to
build up communications in that part of the organisation,’ he said.
Spiegelberg, whose team has grown from three to seven since he joined
Merrill Lynch nine years ago, said it was too early to confirm how he
would develop the department.
‘It is a question of defining what the priorities are and then looking
at what sort of resources are required,’ he said.
Spiegelberg, who dismissed national newspaper accounts that his salary
was in the pounds 250,000 bracket, said that Merrill Lynch was looking
externally to recruit his successor. He added that he anticipated
staying in his current job for another few months until the new post-
holder was in place.