Hogan Lovells appoints new head of Financial Institutions sector industry group

Change sees new Practice Group Leader for Finance and new Head of Banking.

Hogan Lovells has made a number of changes to its Finance Practice Group and Financial Institutions Sector industry sector group.

Partner Sharon Lewis will be stepping down as Finance Practice Group Leader to become the head of the Financial Institutions Sector industry sector group. Sharon joined the firm in 1994 as the first capital markets specialist in the Paris office, became a Partner in 1998 and was appointed Head of International Debt Capital Markets in 2005. In 2014, she became Global Head of the Finance Practice. Sharon is also a member of the firm's Global Diversity and Inclusion Committee and was listed as 'Best Lawyer 2017', by French daily finance newspaper Les Echos.

Partner Rachel Kent is stepping down from her Financial Institutions Sector role, a position she has held since 2010, to concentrate fully on the critical work she has been doing around the immense changes facing the financial services sector in the United Kingdom, European Union, and elsewhere as a result of Brexit and will become the firm's new Head of Financial Services Regulation. Rachel has led a Hogan Lovells team that has produced three reports in collaboration with International Regulatory Strategy Group (IRSG), a practitioner-led group comprising senior leaders from across the UK-based financial and related professional services industry, and is a member of the IRSG Executive Board. As part of Rachel's role across Financial Services Regulation at the firm, she has also been appointed to Innovate Finance and City of London Corporation's newly launched FinTech Strategy Group, to help drive the success of the UK FinTech sector.

As a result of these changes, partner Matthew Cottis will be taking over as the Practice Group Leader (PGL) for the Finance practice. Matthew joined Hogan Lovells London office in 1985 as a trainee, and he has been the head of the global Banking practice since 2008. Matthew will be taking over as PGL effective 2 April. With Matthew becoming PGL, partner Penny Angell will be taking over as head of the global Banking practice. In 2015 Penny received the Europe Women in Business Law 'Best in Banking & Finance' award and sits on the Financial Law Committee of the City of London Law Society, a respected industry body comprised of representatives from leading London law firms.

Commenting, Steve Immelt, CEO, Hogan Lovells, said: "On behalf of everyone in the firm I would like to thank Sharon for the superb contribution she has made to the leadership of the Finance practice and we all look forward to working with Matthew and Penny in their new roles. I would also like to thank Rachel for leading a critical sector for the firm and for tackling at the highest regulatory and political levels the Brexit question for our financial services clients. The praise that she has won for this work is well deserved and puts the firm in a preeminent position for the future."

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