NORTON Rose has introduced a new deputy managing partner role, a job to help out the managing partner and group chief executive, Peter Martyr, following the firm's expansion into Canada and South Africa.
The firm has appointed Tim Marsden as deputy managing partner for Norton Rose LLP.
Marsden has been group head of corporate for nine years and part of the firm's senior management team. He retains his seat on Norton Rose Group's Executive Committee, the most senior level of central management for the Group.
Taking over from Marsden as group head of corporate is Hong Kong based David Stannard.
Former head of Asia, Stannard now becomes one of three business-wide group heads, alongside London-based Jeremy Edwards as group head of banking and London-based Deirdre Walker as group head of disputes. This is the first time the practice has appointed a group head outside of London.
Stannard has advised international and local investment banks and companies on a wide variety of issues including listings and IPOs; public company takeover and merger transactions; rights issues and other secondary fundraisings; Hong Kong compliance issues under the Stock Exchange Listing Rules and the Codes on Takeovers and Mergers and Share Repurchases.
Following Stannard's appointment to group head of corporate, Jeff Smith will become head of South East Asia and Phillip John will become head of North Asia. These roles replace the former Head of Asia position.
Peter Martyr, group chief executive, Norton Rose Group said the new deputy managing partner will help to manage and develop the business as it continues to grow internationally.
Marsden, the new deputy managing partner, said the new position presents a new challenge for him.