Resolute Asset Management appoints Senior Risk Specialist

1 November 2010

Resolute Asset Management LLP (“Resolute”), the specialist advisory and asset management firm, today announced the appointment of Lothar Weber as an independent member of its Risk Committee.

Weber will join Bill Hancock and Robert Kingsmill on the Risk Committee, the purpose of which is to review strategy and risk recommendations for Resolute’s clients.

Weber has held senior international banking roles with a number of major banking institutions. These include Chief Risk Officer International at Credit Suisse, Chief Risk Officer Leveraged and Real Estate Finance and Co-Chairman of the Central Credit Committee of Deutsche Bank.

Commenting on the announcement, Bill Hancock, Managing Partner of Resolute, said:

“We are delighted by Lothar’s decision to accept the appointment to our Risk Committee.  Lothar’s experience in senior risk roles with major financial institutions represents an invaluable resource to Resolute and allows us to further enhance the rigour of our decision making processes.  In particular, his workout and real estate structured credit experience is highly complementary to Resolute’s core business proposition.”

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