Pembroke: New life for Deaves

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The Independent Online
YOU WILL remember Trevor Deaves, who was sacked from his pounds 400,000-a-year post as chief exec of MI, the life assurance group, two years ago. He stumbled into controversy just before Christmas after revelations that the DSS was putting pounds 1,800 a week into his mortgage payments. 'They said I could claim for my dog,' he pointed out at the time. 'I thought that might be pushing things a bit too far. My main worry now is that the publicity over all this may affect my new ventures.'

Not a chance. Mr Deaves is off to Orlando, Florida, to become marketing director of National Heritage Life, a company that sells US annuities, similar to UK guaranteed income bonds. Dr Lambert G Aloisi, president of National Heritage, has said: 'We heard very pleasant things about him in the UK and thought we would like to meet him.'

THERE IS A twist to the heist by Goldman Sachs' retail analysts team of Rod Whitehead, Kingfisher's highly rated investor relations manager. Only two days after Mr Whitehead proffered his resignation to Kingfisher, you could have found him in a box at Wembley watching the FA Cup semi-final, together with a number of other Kingfisher dignitaries - and special guest Paul Morris, Goldman's senior stores analyst, who happened to spearhead the head-hunt.

'I was prepared to end up booted out of the box and on to the pitch,' Mr Morris said yesterday. 'Fortunately for me, Kingfisher adopted an adult approach to the whole business.'

IMRY, QUEENS MOAT, Isosceles . . . and now East Trust, a little- known, Norwich-based, East Anglian bank with leasing and consumer finance subsidiaries. What do all these have in common? Why, that Midas touch peculiar to Barclays Bank.

East Trust's owner, a consortium of UK banks, decided to cease the bank's operations nearly two years ago. But yesterday East Trust called in the receivers, chartered accountants Robson Rhodes. The bank has assets of pounds 11m in outstanding loans and liabilities of pounds 8m, mostly in claims for loans from the banking consortium. And guess who has lent to poor old East Trust?

VISITORS braving the reception to celebrate the re-opening of the London Dungeon under its new owners, Vardon, the leisure group, were somewhat taken aback to bump into a young lady dressed in Victorian garb and proclaiming: 'I'm a prostitute and I perform five or six times a day.' In the new Jack the Ripper exhibit, as it turns out.

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