Baird has brought in David Silver to succeed John Fordham as head of European Investment Banking. Fordham moves to the newly created position of chairman of Baird International. Silver will oversee the entire European Investment Banking division, in addition to his current role leading the firm's business services banking practice in Europe. Fordham will work across the group, further developing Baird's presence globally, and looking to extend its platform to additional international clients. The leadership changes take full effect on 1 January 2012.