Tyson New Ventures will invest in alternative proteins, food security and using the internet in the food chain and its first deal was backing Beyond Meat, which has created a plant-based protein.

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Lisa Suennen is set to join GE Ventures as managing director, focused on healthcare, on December 1.

Colella, who had been ranked third in the GCV Rising Star 2016 awards, had been seen as heir apparent for the CIO role but the final confirmation could see a number of other personnel changes, insiders said.

Vincent Branch has taken over as chief executive of insurance provider XL Catlin's Accelerate division.

Geeta Vermuri, head of Baxalta Ventures, has left following the corporate's acquisition by Shire and a change in investment strategy.