People News: At J.P. Morgan, TIAA-CREF and Goldman Sachs

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TIAA-CREF

TIAA-CREF named GE veteran Ronald Pressman as executive vice president and chief operating officer. [Press Release]

Managers including Guillaume Rambourg, formerly of Gartmore, and Todd Edgar, formerly of Barclays Capital, are leaving existing hedge funds or bank proprietary trading desks to start new funds, even as many investors shy away from risk. [Reuters]

Swiss Re, the world’s second largest reinsurer, said Michel Lies will take over as the company’s CEO. [DealBook]

J.P. Morgan named Jeff Zajkowski as new head of equity capital markets for Asia-Pacific. [WSJ]

Lou Kerner, who calls himself Wall Street’s “first social media analyst” in his Twitter biography, left Liquidnet where he was hired about three months ago to head a trading platform for private company shares. [Bloomberg]

Daniel Mudd resigned as CEO of Fortress Investment Group and gave up his board seat to focus on fighting a government lawsuit tied to his tenure as Fannie Mae’s leader. [DealBook]

JPMorgan Chase hired Marc Granetz, a senior banker at Credit Suisse, to spearhead an internal push to improve the firm’s own financial strength and strategy. [NYTimes]

Donald Mullen, head of the global credit and mortgage business at Goldman Sachs, is leaving after 11 years at the company. [Businessweek]

Morgan Stanley named Amr Diab and Klaus Froehlich as co-heads of investment banking for the Middle East and North Africa, [Businessweek]

Banco BTG Pactual, the Brazilian bank led by billionaire Andre Esteves, hired Gordon Lee from UBS as country specialist and strategist for Mexico. [Bloomberg]

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