This Month: People - NYSE's Thain New Head Of Merrill Lynch.(appointment of John Thain at Merrill Lynch & Company Inc.)(appointment of Sonjoy Chatterjee at ICICI Banking Corporation Ltd.)(appointment of Alex Widmer at Bank Julius Baer and Company Ltd.)(Brief article)

Banker, The, December, 2007

John Thain, chief executive of NYSE Euronext, is to be the new chairman and chief executive of Merrill Lynch, as Stan O'Neil leaves the bank following heavy losses in the subprime mortgage meltdown.

Sonjoy Chatterjee has been appointed executive director on the board of ICICI Bank and will be responsible for corporate and investment banking, government banking and the international banking business of the leading Indian bank.

Young talent is moving from banking to asset management in Italy. Former Capitalia CEO Matteo Arpe has set up Sator Group with some of the bank's most talented and young colleagues. Given Mr Arpe's successful track record, Italy's asset management sector is about to enter a new phase.

Alex Widmer, head of private...