Allen & Overy Expands Executive Committee With Four Partners
The quartet are spread across the firm's European offices and herald a new era of leadership.
June 02, 2020 at 04:10 AM
2 minute read
Allen & Overy has grown its executive committee with four additional members, as the firm's new-look leadership team takes shape.
The new executive committee members are: London-based derivatives and structured finance partner Emma Dwyer and newly-appointed global corporate co-head David Broadley, Paris managing partner Hervé Ekué and Amsterdam senior partner Brechje van der Velden.
The executive committee is responsible for the development and implementation of the firm's overall strategy. It advises the firm's board but operates independently.
The new appointments commenced on June 1.
The executive committee is now made up of 11 partners, three of whom are women.
In addition to the new joiners, the committee consists of: senior partner Wim Dejonghe; managing partner Gareth Price; global litigation head Karen Seward, global corporate co-head Dirk Meeus; global international capital markets head David Benton; global banking co-heads Vicki Liu and Philip Bowden; Dubai projects partner Ian Ingram-Johnson; and New York funds partner Dave Lewis.
The expansion of the group follows the start of the firm's senior management team terms last month. Incumbent senior partner Wim Dejonghe was appointed for a further four year term until 2024, while London corporate partner Gareth Price was appointed managing partner. He took up the mantle from Andrew Ballheimer, who stepped down after more than 30 years at the firm.
Meanwhile the firm also elected new banking and corporate heads earlier this year.
Price and Dejonghe take up their roles at a difficult time for the industry, which is currently being affected by the COVID-19 pandemic.
A&O was one of the first firms to take financial measures against the growing storm, holding a capital call from its partners and reducing their profit distributions, alongside freezing associate and support staff pay, and splitting bonuses.
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