LONDON, 25 February 2010 – Panmure Gordon & Co is pleased to announce the appointment of Paul Lumbis as a managing director in the Corporate Finance team.

Reporting to head of investment banking, Richard Gray, Paul joins the Panmure team from Atlas Partners, an independent corporate finance advisory business that he founded as managing partner. Paul comes with a wealth of experience in the UK and international life, general insurance and reinsurance sector focusing on M&A and capital raising transactions having held both principal and advisory roles at GC Securities Ltd, Ernst & Young and Aviva PLC.

Chief executive, Tim Linacre, commented: “We are very pleased to welcome Paul to our team. Paul will be our first industry-designated banker, specialising in financial institutions with a specific emphasis on the insurance sector and we are excited that he has chosen to join Panmure Gordon at a time of great opportunity for the firm.”