Close Brothers, a UK corporate finance house, has appointed Stephen Aulsebrook as its new chief executive officer.
Aulsebrook, currently the firm's head of European Special Situations, will replace current CEO Richard Grainger, who will become executive vice chairman.
Meanwhile, Mike Wheeler, former global managing partner of KPMG Financial Advisory Services, will join Close Brothers Corporate Finance as non-executive chairman. Matthew Prest, a managing director in European Special Situations, will become head of that unit.
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