Walkers SPV unveils team

Walkers SPV Ltd. recently announced the appointment of David Lloyd as Senior Vice President.

The appointment of Mr. Lloyd, who starts work with Walkers SPV in January 2009, represents the final stage in building the group’s new upper-management structure.

The Senior Vice Presidents for the team include: Richard Ruffer, Alasdair Foster, and Rachael Rankin.

‘Our approach has been to build a team with people that can add value and have a wide knowledge of transactions so that we can advise clients on alternatives and ways for them to overcome any difficulties,’ said Nancy Lewis, Chief Executive Officer of Walkers Global Holdings Limited.

‘These are people with strong business backgrounds who know what is happening in the markets.’

Mr. Lloyd has worked for a number of investment banks in his career. He brings great expertise to Walkers SPV in all areas of structured finance.

A fellowship member of the International Bar Association, Mr. Lloyd holds a number of qualifications with the Securities Institute.

Mr. Ruffer is a Wall Street veteran. He moved to the Cayman Islands from Institutional Credit Partners in New York where he was Head of Investment Structuring for Commercial Real Estate and Associate Portfolio Manager for the firm’s commercial real estate debt portfolio.

Mr. Ruffer has also spent ten years with Bear Stearns, becoming a Senior Managing Director. He previously practiced as a tax attorney in New York with Brown & Wood and Rogers & Wells where he specialised in structured finance.

Mr. Ruffer was also a Senior Analyst at Moody’s Investor Service. Rating numerous transactions with the agency, Mr. Ruffer chaired the committee that set credit enhancement levels for all US residential mortgage securitisations.

Mr. Foster possesses far-reaching experience within investment banking, including working with JPMorgan in London, where he worked on the Structured Credit and Securitised Products Syndicate Desk.

He also has specialist legal experience, practicing as a barrister for five years. Mr. Foster holds an MA in Jurisprudence from Oxford University and gained an MBA from the Judge Business School at Cambridge University

‘The combination of market, legal and offshore experience puts me in a powerful position to offer clients advice which benefits from multiple perspectives on a transaction,’ said Mr. Foster.

Ms. Rankin has vast local knowledge, with an emphasis on special purpose vehicles. She holds an LLB (Hons) degree from the University of Liverpool and is experienced in all realms of structured finance transactions.

Ms. Rankin has trained in the Corporate, Litigation, Trusts and Real Estate departments of Walkers.

Previously employed by Deutsche Bank Ltd. as a Senior Corporate Officer, Ms. Rankin holds a Certificate in Offshore Finance and Administration from the Institute of Chartered Secretaries and Administrators.

‘The new management structure has received an overwhelmingly positive response from our clients, many of whom are currently looking to restructure complex transactions,’ Ms. Lewis said.

‘Our expertise is also being employed on new deals and our professionals are able to impart advice on what we have learned from the current market, which combines into an unrivalled service offering.’