DC Advisory has hired a senior infrastructure executive from HSBC as it looks to expand its debt advisory services, while another HSBC infrastructure director has joined Deloitte.
A DC Advisory spokesperson said Chris Quayle joined the corporate advisory firm as a director on Monday (7 October).
Quayle (in picture), who joined HSBC in 2011 and was a director of the bank’s infrastructure and real estate team, will focus in his new role on refinancings, greenfield projects and acquisition financings.
He will report to managing directors Neale Marvin and Sergio Ronga and work alongside executive directors Phillip Hyman and Stephen Davies.
Quayle recently advised on the GBP 1bn M25 refinancing and a Hochtief and John Laing consortium’s unsuccessful bid for the Silvertown Tunnel PPP, according to a source familiar.
DC Advisory, the advisory arm of Japanese investment bank Daiwa Securities, now has 38 infrastructure advisors in the UK and is looking to expand worldwide, the spokesperson said.
In September, DC hired infrastructure executive Sebastien Kammerman from ING, where he was a vice-president. Kammerman is an associate in DC’s London office.
Quayle’s departure comes amidst HSBC’s plans to cut as many as 10,000 jobs, as widely reported earlier this week. HSBC declined to comment.
Meanwhile, Steven Mowll, a former director in HSBC’s infrastructure and real estate group, this month joined Deloitte as a director in its debt and capital advisory team, according to his LinkedIn profile.
He reports to Phil Adam, Deloitte’s head of infrastructure debt advisory, according to a Deloitte spokesperson.
Adam was a managing director of HSBC’s infrastructure and real estate division between 2006 and 2018, before joining BNP Paribas for a short spell and then Deloitte.
Mowll spent 15 years at HSBC before his departure from the bank in April.