Transamerica Reinsurance, a division of Transamerica Life Insurance Company, has named Larry Moews as its new senior vice president, chief actuary and chief risk officer. Mr Moews will report to Joe Gilmour, executive vice president and CFO.

The Government of Canada has selected J.P. Morgan Worldwide Securities Services to provide an expanded set of collateral management services for derivatives. A derivatives collateral management client since March 2002, the government will also utilize the firm's treasury management and derivatives trading services.

MasterCard Worldwide has made leadership changes to its Asia-Pacific, Middle East and Africa regional leadership team with the appointment of Shaun Ghaidan as group head, global products and solutions, Asia-Pacific, Middle East & Africa, and Jeff Portelli as group executive, customer delivery, Asia-Pacific, Middle East and Africa.

Transaction Network Services, a data communications company, has renewed its agreement with MasterCard to provide payment server software for MasterCard’s e-commerce platform, the MasterCard Internet Gateway Service (MiGS).

Aviva Investors, the global asset management business of Aviva, has appointed Jiten Joshi as head of knowledge services to lead a new team of analysts to support the London-based credit team.

Visa has named Elizabeth Buse as its new international group executive. In this new role, Ms Buse will oversee the company's global sales and client service functions across Asia-Pacific and Central Europe, the Middle East and Africa (CEMEA).

Brookfield Asset Management, a company focused on property, power and infrastructure assets, has appointed Jeff Kendrew  as chief development officer for its global infrastructure platform. Mr Kendrew will be based at the company's offices in Sydney, Australia.

Cardinal Bank has said that William Mundy has joined Cardinal Trust and Investments as managing director and executive vice president. Mr Mundy will oversee the sales management strategy to integrate our wealth services within Cardinal’s network of 25 banking centers in the Greater Washington region.

Max Capital Group (Max) and Harbor Point, a provider of property and casualty reinsurance services, have signed a definitive amalgamation agreement for a merger of equals.

US-based Whitney National Bank is deploying IBM technologies to integrate and speed the delivery of specialized services to its growing customer base. The benefits include providing new levels of efficiency and intelligence to both the bank and its customers.