Batchelor could help acquisitions

Guy Batchelor’s new role at Lehman Brothers could involve hunting out future acquisitions and expanding the investment bank’s direct to broker proposition across its three brands.

Batchelor resigned as sales and marketing director at Platform in July this year to join Lehman Brothers’ European Mortgage Capital Business as executive director responsible for franchise development.

He is on gardening leave but is expected to take up the role on January 26 2007. Although it is not yet clear what his duties will be, Simon Hinshelwood, Lehman’s managing director and chief operating officer, says Batchelor could play a vital role in any acquisitions the investment bank makes.