David Pitman, a former Merrill Lynch private client manager and son of one of the UK’s most well-known financiers Sir Brian Pitman, the form...

David Pitman, a former Merrill Lynch private client manager and son of one of the UK’s most well-known financiers Sir Brian Pitman, the former chairman of Lloyds TSB, has joined the London Stock Exchange in the newly created position of director of marketing. Last year Mr Pitman resigned from his most recent position as chief executive of the wealth management business at Close Brothers. He was in that position for less than two years and is believed to have been forced out after a management restructuring. Previous to the Close position, Mr Pitman worked for Merrill Lynch’s private client team in London, before a major restructuring of the Wall Street firm led to his departure.