Loli Wu, Citi‘s talented ship finance executive is the latest professional to make a career move, as our industry works its way through the current economic turmoil. Mr Wu moves from Citi to BofA Merrill Lynch and Matt Thomson‘s team in NY.
Such moves are not uncommon benefiting the professional, the new employer and even the previous employer who has the chance to reward others working with but just behind the team leader.
More importantly the industry benefits.
Prior to the start of the festivities, Teekay Corporation held its successful shareholders meeting. The room was filled with over 100 spectators with another 200 viewing through the webcast. What was extremely interesting to hear from the Teekay delegation was the acknowledgement that they did not recognize many of the people in the room. Fresh blood!
The first session began under cloudy but dry skies an unusual event in New York these days. The room was packed with the audience hoping to glean insights from last year’s deal of the year winners as the architects of the transactions discussed their deals and how they fit in today’s marketplace. The discussion was led by Stephen Peepels of DLA Piper.
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