The news broke on Monday that director Andy Berry is leaving the agency to join HSBC. PRWeek can also reveal that fellow director Andrew Marshall is to leave the agency next month.
They had both previously served as co-heads of Fishburn’s financial practice, with Berry working for more than seven years at the agency and Marshall joining in 1998.
Marshall is expected to leave in the next few weeks, but he was unable to confirm details on his eventual destination at this time.
Berry is to join HSBC in May as the bank’s regional head of media relations, UK and Europe. He replaces Rob Bailhache, who moved to RBS Insurance in February.
The news comes a month after Fishburn Hedges’ director of media strategy and former Independent City editor Jason Nisse joined Newgate Public Relations.
Fishburn is understood to have scaled back the financial comms side of its business in recent years to concentrate on corporate work for financial services clients.
Fiona Thorne, chief executive at Fishburn, commented: ‘Andy and Andrew both go with our warmest regards, and we wish them all the best in the future.
‘They leave a thriving and well-established financial and professional services team, which continues to be led by Paul Farrow, with the ongoing involvement from an outstanding team and four of our other directors, who have specialist expertise in this area.
‘We expect this to continue to be one of our growth sectors going forward, and we will continue to invest in new talent during the year ahead.’
The agency is not thought to be directly replacing the departures, however it is looking to grow headcount in the financial and professional services division.
Berry joined the agency from City PR shop Cubitt Consulting. Before this he spent a year at Brunswick after starting his career in investment banking. Marshall also worked as an investment banker before joining Hill+Knowlton Strategies in 1994.