WealthBriefing reported the following people moves in the month of November:

UK
A fund manager at BlueBay Asset Management who ran a fund that has lost more than half of its value, resigned following a breach of internal controls, the London-listed firm said.

London-listed finance group Collins Stewart appointed Collette Wisener-Keating to its investment boutique, Collins Stewart Fund Management, to head up product development.

The Bank of New York Mellon appointed Andrew Dollery as vice president, alternative investment services sales, and Roman Seydoux as vice president, AIS relationship management. Both are based in

London and report to David Aldrich, managing director, alternative investment and broker-dealer services for the EMEA region.

Deutsche Bank’s private wealth management division appointed Credit Suisse's UK International Private Banking head Tom Slocock as a managing director and head of PWM

UK. He takes up his post on 1 March next year.

International professional services firm Ernst & Young lost their head of investment management and private banking, Ian Woodhouse, at the beginning of the month.

Paul Sexton, who runs a family office business and previously worked at Close Brothers, joined Cheviot Asset Management as a partner, Michael Kerr-Dineen, chief executive, said.

Pernille Jensen, head of
UK private clients at Goldman Sachs, left the firm.  Ms Jensen had previously been co-head of
Europe, along with Zurich-based Rene Mottas.

Barclays Wealth added to its financial planning division, with the appointment of Bruce Hendry. He is based at the firm’s
Aberdeen office, which also covers Tayside on the east coast of

Scotland. Mr Hendry joined Barclays Wealth from Blackadders, the solicitors and property services provider, where he was an associate director.

UK investment manager Baillie Gifford appointed James Budden to the post of marketing director for wealth management. Mr Budden joined from UK-listed Witan Investment Trust

Coutts, the

UK private bank, appointed Angelo Rana to the post of private banker to its team in Hampshire, southern England.  Mr Rana joined Coutts from Adam & Company, where he was employed as a business development manager, responsible for the Southwest of England.

Coutts & Co, the private banking arm of Royal Bank of
Scotland,appointed Matthew Noyce as a private banker on its Dorset team in the

UK's Southwest. Mr Noyce will be based in Coutts'
Bournemouth office and report to senior manager Michael Archer.

Barclays Global Investors-owned iShares, an exchange traded funds provider, hired Nizam Hamid as managing director and head of sales strategy for iShares in
Europe. His responsibilities will include driving thought leadership on investment solutions for sales and marketing in the European markets.

London hedge fund manger SilverStreet hired Alan Miller, former chief investment officer and founding shareholder of New Star Asset Management, which he helped to build from its formation in early 2001 until he left in early 2007.

UK private client tax planning specialist

Meridian added a new senior partner, Philip Harrison. Mr Harrison specialises in tax planning for entrepreneurs and other high net worth individuals. Formerly national head of business tax at law firm Eversheds, he left them in 2000 to work for Matrix Group, a niche finance house, where he was a director of the Matrix tax division.

Friends Provident, the UK-based life and pensions company, appointed Evelyn Bourke as chief financial officer from rival listed

UK insurance and investment house Standard Life.

International accountancy and financial services company KPMG added to its investment advisory practice in the UK Midlands region, hiring a senior manager from rival Mercer Investment Consulting. Greg Wright took up the post of director in KPMG’s investment advisory practice.

UK-based asset manager Gartmore Investment Management appointed Dominic Rossi as chief investment officer. He transfers in from

UK rival Threadneedle Asset Management, where he served as the head of its equity division.

London law firm Speechly Bircham hired Graeme Kleiner as head of its contentious trusts group within its private client department.

Mr Kleiner joined from private client law firm Withers, where he was a partner dealing with complex multi-jurisdictional trust and succession disputes.

UK-based Jupiter Asset Management appointed four additional private client fund managers. Oliver Burns, William Day, David Blake and William Luttrell-Hunt joined Jupiter from Bestin vest.

Jupiter, the

UK fund management group, appointed Matteo Dante Perruccio as non-executive director. Mr Perruccio was recently made chief executive of Hermes Funds of hedge Funds, a boutique investment arm of Hermes, the UK-based fund managers.

Switzerland
Banque Cantonale Vaudoise is restructuring into four divisions as part of a move to build on its traditional strengths in private and institutional asset management and banking services for local residents and businesses.

BCV said Christopher Preston, executive board member and head of the current wealth management division, remains with the group as new chief executive of private banking subsidiary Banque Piguet at the end of March 2009.

Credit Suisse has named Manuel Jetzer as head of its

Geneva region from 1 January 2009. He takes over from the retiring Bernhard Lippuner.

Clariden Leu, part of the Credit Suisse banking group, appointed Erich Pfister as the new head of the Middle East & Asia division, and Holger Demuth as the new chief risk officer, as the former occupants of these posts stepped down.

Schroders Private Banking, part of UK-listed investment house Schroders appointed Joanne Chappell to the post of senior relationship manager in

Geneva. Ms Chappell, who previously worked at Lloyds TSB International Private Bank in

Geneva, started in her role on 3 November.

North America
Royal Bank of

Canada’s domestic wealth management operation appointed Brenda Vince as head of wealth management strategy. She takes up the role in February 2009 and is currently president of RBC Asset Management.

Charles Goldman will join Boston-based Fidelity in January 2009, in the newly-created position of president of institutional platforms. He will run its National Financial Services broker-dealer clearing business, its investment advisor unit and its recent campaign to sell clearing and custody services to family offices and hybrid brokers who sell both commission and fee-based products.

EFG International’s
US business EFG Capital International Corp hired Amira Matar as senior director of wealth management at the

Los Angeles office of its subsidiary EFG Capital Asset Management, which opened in March this year.

Barclays Wealth hired a former principal financial advisor, Zamir Siddiqui, from Alliance Bernstein’s

Los Angeles office. The hire is part of BW’s continued recruitment effort since the firm announced the acquisition of Lehman Brothers’ Private Investment Management business in September.

Morgan Stanley's global wealth management group posted its strongest recruiting week ever, adding 53 financial advisors from its peers.

Michael Durbin, the former chief operating officer of Morgan Stanley’s GWM national sales division, will lead a management team at Fidelity’s Institutional Wealth Services business from early 2009 as president.

RBC Wealth Management poached a UBS team known as Flader Consulting Group that managed more than $1 billion in client assets: Allan Flader, his brothers Michael Flader and Brian Flader, Chris Young and

Joanne Lane joined RBC's

Phoenix office in late October. They report to branch manager Tim Rannow.

Separately, Jerry Nichols joined the same office after three years at UBS. He joined as a senior vice president and financial consultant, bringing $160 million in assets under management.

RBC has been on a recruiting spree, having taken on 157 advisors so far this year, up from 89 in the same period last year.

Separately, Minneapolis-based Marks Group Wealth Management Team left UBS on 10 November 2008 to launch an independent advisory firm. The group is led by Bennett Marks, as founder, president and chief investment officer, with managing principals John Feste and Brian Nietzel and financial consultant Jeremy Schmidt.

Evercore Partners, a

New York investment bank started by Roger Altman in 1996, has hired former US Trust chief executive officer Jeffrey Maurer to lead a drive into wealth management

ACH Capital Management, a Texas-based registered investment advisory firm, appointed J. Keith Whatley as managing director and senior vice president of national sales and marketing. Mr Whatley joined from the US RIA Robert Harrell.

Silver
Bridge Advisors, the US-based wealth advisory boutique, named Deirdre Prescott as director of client development. Ms Prescott joins

Silver
Bridge from Lehman Brothers where she was a senior vice president in the private investment management division.

Wells Fargo, the

US bank which recently acquired rival Wachovia, appointed its new senior executive line-up for divisions including wealth management.

Among the business group heads reporting to Wells Fargo executive vice president John Stumpf are David Carroll, senior executive vice president for Wealth Management, Brokerage and Retirement Services. Mr Carroll joined Wachovia's predecessor, First Union, in 1981 and has led Wachovia's Capital Management Group since January 2005.

Bank of New York Mellon Wealth Management appointed Elizabeth Engel as head of private bank lending. In this newly created role, Ms Engel oversees credit administration, underwriting and portfolio risk management.

Another Merrill Lynch executive stepped into a leadership role in the combined Merrill/Bank of

America wealth management business.

Andrea Orcel was appointed president of international operations for the global banking, securities and wealth management business for the soon-to-be-combined company.

Genworth Financial named Ronald Joelson as chief investment officer, with responsibility for managing the mortgage and life insurer's nearly $70 billion portfolio, according to media reports.

The NYSE-listed firm Raymond James announced it has poached Steve Crabtree, the former UBS advisor with more than $180 million in client assets, as senior vice president of investments for its

Franklin,
Tennessee advisory branch.

Merrill Lynch's global wealth management unit promoted Jim Dickson to be regional managing director of its
Illinois and

Wisconsin region.

Genworth Financial named Ronald Joelson as chief investment officer, with responsibility for managing the mortgage and life insurer's nearly $70 billion portfolio.

Murali Balasubramanian joined Edge Capital Partners as managing director responsible for wealth management in the north-eastern US. He joined from JPMorgan's investment advisor services business. Atlanta-based Edge is a global provider of wealth management and investment advisory services to high net worth families and institutional clients.

Susan Hirshman, who left her practice management position at JPMorgan Chase's asset management division earlier this year, returned to the firm as a wealth advisor.  She joined JPMorgan's private wealth management business in the northeast

US in late October and reports to David Bloom, head of the business's wealth advisory practice for the northeast.

British Virgin Islands-headquartered law firm Harneys hired Aki Corsoni-Husain into its Regulatory Group from the financial markets and regulatory group of Denton Wilde Sapte in

London.

Asia Pacific
UBS Global Asset Management in

Japan apppointed Susumu Okamura as president and representative director.

Mr Okamura took on the role from Christof Kutscher, member of UBS’s group managing board and head of UBS Global Asset Management for Asia Pacific, who had concurrently held the position of President and representative director of UBS Global Asset Management (

Japan) since June 2007.

Barclays Wealth appointed Steve Wong as
Hong Kong head of investment specialists.

Mr Wong's most recent role was as a business development director at the private banking arm of Citigroup.

The consumer banking heads of Standard Chartered in Southeast Asia and

China are to leave the London-listed bank.

Wilson Chia, regional head of consumer banking for Southeast Asia, will leave at the end of March 2009, and Christine Ip, head of consumer banking for

China, will depart as of 31 December. The bank said the two would pursue other interests outside the bank, but did not elaborate on the reasons for their departure.

Sanjay Nayar, Citi South Asia head joined private equity firm Kohlberg Kravis Roberts in January after an agreed transition period and will continue to be based in Mumbai, where KKR will open an office and build a team.

UBS hired six executives for its Asian wealth management arm in Hong Kong and

Singapore. The appointees were Irene Tan, Adeline Chien, JP Upadhyaya, Agnes Kuan, Jonathan Ng, and Ong Lay Khiamt.

Ms Chien joined as a managing director in
Hong Kong. Mr Upadhyaya joined as an executive director in
Hong Kong.

Ms Kuan was appointed as an executive director in
Hong Kong. For the last 12 years, she worked for Merrill Lynch Global Wealth Management, most recently as advice president and portfolio counsellor with the managed products group.

In

Singapore, meanwhile, Ms Tan joined as a managing director, Mr Ng and Mr Lay Khiam joined as executive directors.

HSBC Private Bank appointed Bala Balagopalan as managing director of its Global South Asian Diaspora team in the
Far East. Mr Balagopalan and his Hong Kong-based team advise private clients from the South Asian community in the region.

International private client law firm Withers hired Ivan Fu as a member of the firm’s
Hong Kong team focusing on commercial and wealth planning advice for PRC clients.

Middle East
UK-based Arch Financial Products named five new partners, expanding its Middle East and
Asia operation.

New chief finance officer Richard Rhodes joined the firm following a number of years in
South East Asia establishing several successful sustainable opportunities businesses. Previously at Merrill Lynch, Mr Rhodes was the chief financial officer of its International Banking Division.

A former head of technology at Merrill Lynch’s FX and rates derivatives group, Guy Haward joined Arch as its head of corporate and technology development.

Gianpaolo Potsios joined Arch as a partner with a remit to develop global placement and syndication capabilities for the group. He was most recently a partner at corporate advisory group Europa Partners working with a range of European financial institutions on corporate finance issues.

New compliance officer Alex Hartley was most recently a partner at ODL Securities where he had responsibility for compliance and anti-money laundering and helped grow the firm of 26 to a global business of 220.

Simon King, now head of real estate, previously managed a £200 million Jersey-based commercial property investment company that he founded in 2004.

BNY Mellon Asset Management, the global asset management arm of Bank of New York Mellon, has appointed Thomas Connolly as managing director, head of asset management, for the
Middle East region.

He will report to Pauline Stuart, executive director of institutional business for Europe, Middle East and
Africa.

Europe
Merrill Lynch added to its Nordic wealth management team with the appointment of financial advisors Frode Andersen and Paul Boström.

Stockholm-based bank D Carnegie & Co changed its management team with three internal promotions. The new managers maintain their old roles in addition to their new titles.

Claes Johan Geijer is the new group head private banking. He maintains his role as managing director of Carnegie’s private bank in

Luxembourg.

Peter Baekgaard is now group head of securities, an expansion of his role as head of securities in

New York.  Peter Bäärnhielm was named group head of investment banking. Mr Bäärnhielm is also head of investment banking in

Sweden.

Following the separation of Carnegie and Max Matthiessen, its insurance and pensions arm, Christoffer Folkebo, chief executive of the latter, is no longer a member of Carnegie’s management team.

Liechtensteinische Landesbank appointed Roland Matt as head of domestic and institutional markets, and Kurt Mäder as head of the corporate services. Elfried Hasler took over the international market business area. Josef Fehr continues as chairman of the group executive board. Due to the age cap of 57 for senior executives, Norman Oehri is stepping down from the board. In future he will focus on client care and service within the LLB Group.

Deutsche Bank promoted two of its senior employees, Michele Gissi and Roger Naylor, as heads of global equity derivatives, as part of a restructuring of the unit which has reportedly suffered significant losses.

Mr Gissi has been with Deutsche for 12 years and Mr Naylor has worked at the Frankfurt-listed bank for 10 years.

Richard Carson, former global head of equity derivatives and Nino Kjellman, head of
Asia equity derivatives, as well as a trader named Andrew Kent, left the bank.

Professional and investment advisor and fund manager Smith & Williamson hired Mark Pignatelli to manage its European Growth Trust. Mr Pignatelli’s experience in investment management includes 13 years at Baring Asset Management where he made a name as head of European equities. He joined from Remus Capital.

Frédéric Genet was appointed as managing director of Société Générale Bank & Trust in
Luxembourg, which carries out all the Société Générale group’s activities in

Luxembourg.

Latin America
BTG, the Brazil-based investment firm, named Christian Deseglise its new partner in charge of business development. Mr Deseglise is responsible for product development, investor relations and marketing activities, based in BTG´s New York offices.

International
International wealth and professional services firm Maitland hired Tim Brown, former managing director of Aqute Business Intelligence, as head of information technology for its worldwide operations. Dr Brown is based in Maitland's

Cape Town office. 

Peter Scaturro, the

New York global head of Goldman Sachs Private Wealth Management is to leave the Wall Street bank at the end of this year.

UBS in the

US said Raoul Weil, a member of the firm’s Group Executive Board, would be relieved of his duties following his indictment by a Federal grand jury in the Southern District of Florida.  Marten Hoekstra, deputy chief executive of Global Wealth Management & Business Banking, stands in for him.

UBS appointed Philip Lofts as group chief risk officer and a member of the Swiss bank’s group executive board. He was most recently deputy group chief risk officer and group risk chief operating officer.