Patersons has opened an office in London, Patersons Securities UK, to be headed by Mark Simpson. “Our operations primarily focus on IPOs, share placements, rights issues and development capital raisings," Mr Simpson said. Chairman Michael Manford said the focus in Britain would be on investors who wish to trade on the Australian Stock Exchange. Vesna Poljak

Credit Union Australia has appointed Tony Taylor as chief financial officer. Mr Taylor was previously a senior manager at Bankwest, where he held various roles, including chief financial officer of its retail division. George Liondis