The wealth management industry globally saw plenty of movement in March, as this summary, covering all major regions, shows.

UK
Invesco Perpetual bolstered its UK equities team with three new appointments.   John Richards and Hilary Cook joined as product directors on the UK equities team and Frederick Bouverat has been appointed as an equities investment analyst. Richards and Cook are responsible for communicating Investco Perpetual’s UK equities investment capabilities internally and externally, while Bouverat is responsible for unquoted investments.

Brown Shipley has made three new hires at its Edinburgh office. Douglas Noble, Neil Mitchell and Gair Brisbane were all formerly at Barclay’s Wealth and will focus on growing and the wealth management and private banking offering, as well as the client base in Scotland.

Ashcourt Rowan Asset Management appointed Chris Legge as head of intermediary services. Legge helps Ashcourt Rowan grow its share of the market for outsourced portfolio for financial advisors. Legge joined from Brewin Dolphin, where he was intermediary business development manager for eight years, becoming a part of Brewin’s IFA sales division.  

London and Dublin-listed IFG Group said group finance director John Cotter assumed the role of interim chief executive while a recruitment process for a new chief executive continued. This follows the previous announcement in December that group chief executive Mark Bourke would leave IFG in April. Cotter is a chartered accountant with significant experience in the UK financial services industry.

Canaccord Genuity Group announced that David Esfandi joined as chief executive for its UK wealth arm, coming across from UK wealth manager Ashcourt Rowan. Stephen Massey took on the role of chairman of the Canaccord Genuity Wealth Board in the UK.

Sanlam Securities UK, the corporate finance and broking arm of Sanlam Private Investments, appointed Adrian Kearsey as head of small cap research as part of the firm's wider expansion plan. Kearsey's role involves expanding and developing the small cap research and he also leads the existing team which currently focuses primarily on the technology, consumer and leisure, oil and gas and mining and minerals sectors. He joined from Hardman Research, where he was a research analyst specialising in the support services sector and a member of the executive board.

Citi Private Bank appointed Oliver Kersh as banker, joining managing director Adam Proctor’s group in London. He joined from Morgan Stanley Private Wealth Management, where he was an investment advisor for 10 years.

Independent non-executive directors at Standard Chartered, Jamie Dundas and Rudy Markham, were due to officially step down from the board on 1 May. Their resignations were announced by the company on 29 November 2013. Lars Thunell, who joined in November 2012, succeeds Dundas as chairman of the board risk committee.

WH Ireland appointed Tim Steel as non-executive director with immediate effect. Steel was previously vice-chairman of Cazenove Capital Management and is now chairman and a director of private equity boutique Committed Capital and Swiss-listed Castle Alternative.

Investment and advisory firm Hanson Asset Management appointed Jonathan Arthur as head of investment management. In this new role, he is responsible for managing client portfolios and also joined the investment committee. Arthur joined from UBS, where he was an investment specialist.

KPMG appointed Dan Roman as the head of its UK hedge funds practice. Roman is a tax partner who led KPMG’s hedge fund tax practice in the UK for the past three years; he took over from Rob Mirsky, global head of hedge funds, who relocated to New York from London.

Multrees Investor Services appointed financial services industry luminary Sir Roger Gifford as a non-executive director. A former Lord Mayor of London and current country head of SEB UK, Sir Roger has over 30 years of experience in the industry. He was knighted for services to international business, culture and the City [of London] in the 2014 New Year Honours; he was also the 685th Lord Mayor of the City of London in November 2012, acting as ambassador for UK financial and professional services.

Sanlam Private Investments UK, part of South Africa’s Sanlam Group, appointed Robert Merrifield as head of investment management in its Sevenoaks office, Kent. Merrifield, who leads the 13-strong investment management team, has worked at Morgan Stanley Quilter and Ashcourt Rowan. His latest previous role was at Legal and General, where he led the fund manager selection team and responsible for relationships with distribution partners and managing a range of fund of funds models. Meanwhile, Sanlam Private Investments, is further bolstering its presence in the North with the opening of an investment management office in Teesside. The office is led by Jonty Warneken, head of intermediary services North, who is based in the Harrogate office. The new operation comprises of four new investment managers, Sheila Tindle, Stephen Richardson, John Pearson and Mark McMullan, plus two administrative staff.

WH Ireland appointed Jonathan Clements and Nick Tulloch into its corporate broking division in London. Clements is an equity salesman and brings 25 years’ experience to the role, most recently at Canaccord Genuity and prior to that at Arbuthnot Securities and Lazards. Tulloch is a corporate financier and has 18 years’ experience in the industry, most notably with Cazenove, Altium, Robert W. Baird and Arbuthnot. He is also a trained solicitor. WH Ireland said Dan Cowland was appointed as finance director with immediate effect, joining the firm’s board and based in London. He was finance director at Shore Capital Stockbrokers and has also worked at Macquarie Bank and Lehman Brothers.

The firm also appointed Paul Smith and Hitesh Mistry as investment managers, based at its Birmingham office. Both Smith and Hitesh focus on growing the office’s discretionary client base. Smith brings 17 years of experience to the role, most recently at Barclays Wealth & Investment Management, and prior to that he worked at Charles Stanley Stockbrokers. Hitesh has 19 years of experience in the industry, most recently at Barclays Wealth & Investment Management, and before that was at Gerrard Investment Management.

Newton Investment Management changed the lead portfolio manager role on two pooled vehicles: Newton Higher Income Fund and Newton Oriental Fund. The lead portfolio management roles of the firm’s active equity and equity income-pooled vehicles are most effective if they are split apart, following a strategic review by Newton, it said in a statement. The company decided to have separate lead managers on the Newton Higher Income Fund and Newton Equity Fund, which is in line with the process Newton adopted for the management of its global equity and emerging equity-pooled vehicles.

Adam & Company appointed Samuel Fay, a former Barclays’ wealth manager, as a director for private wealth, with immediate effect. He is based in London. Fay spent more than 29 years in the financial services sector, most recently as a private banker at Barclays Wealth and Investment Management.

Carey Olsen, the offshore law firm, appointed Claire McConway as counsel within the British Virgin Islands practice.  In this London-based role, McConway focuses on developing the firm’s Russian practice. Prior to this, McConway was a corporate lawyer for nine years at international UK and US firms in London.

Rowan Dartington appointed Andrew McCulloch as investment manager to its London office and investment team. McCulloch has more than a decade of experience in wealth and client management. He previously worked at UBS Wealth Management where he worked as an associate director, managing a portfolio of private and corporate clients.

Brewin Dolphin appointed Michael Paul as a fund analyst to its research team, reporting to head of fund research Ben Gutteridge. Paul was most recently an investment manager at City Asset Management and joins the 20-strong research team at the end of the month. In his new role, he is responsible for research on structured products, emerging markets and Asia.

US private equity firm Warburg Pincus appointed Jacques Aigrain as a senior advisor, based in its London office. Aigrain has over 30 years of financial services experience and is currently chairman of clearing house LCH Clearnet Group and is also a non-executive director of Lyondell Basell, Lufthansa and WPP.

US-headquartered Confluence, a provider of automated data management solutions for the investment management industry, appointed financial services technology executive Hugh Byrne as managing director of sales to its European team. Based in London, Byrne is responsible for setting Confluence's strategic sales direction in Europe and driving growth throughout the region. Byrne has more than 25 years of financial services technology experience and most recently served as senior vice president of the asset management division at Sungard Data Systems.

Babel Systems, the trading and fund platform technology provider, has appointed Amanda Fisherto to its management team. Fisherto facilitates large-scale implementation of Babel systems technology and manages product development strategy, Babel Systems said in a statement.  Fisherto joined from Broadridge, where she was the head of business development.

True Potential, which works with the independent financial advisor market, announced that Laurie Edmans was appointed to non-executive director. Edmans stepped down from his position as trustee of the National Employment Savings Trust.   

Small cap manager Chelverton Asset Management appointed Richard Bucknell as investment director in its unquoted equities team. Bucknell worked with CAM as a consultant since September last year and reports to managing director David Horner in his new role.

Fundsmith appointed Sandip Patodia as an equity research analyst, alongside Michael O’Brien, Jonathan Imlah and Tom Boles, who joined in 2013. The new equity research team works for the Fundsmith Emerging Equities Trust, which is set to be launched later this year.

Legal & General Investments added Martin Holland to the newly created role of head of discretionary sales, reporting to sales and marketing director Karen Blatchford. Holland has 11 years of experience at UBS where he was director, sales, discretionary and fund of funds for the Midland and South regions. Previously, Holland worked as national sales manager for EMX and Scottish Amicable.

The Financial Conduct Authority appointed Julia Hoggett as head of investment banking in its supervision division. Hoggett was due  to start in early May, reporting to Will Amos, the FCA’s director of wholesale banking and investment management. Hoggett joined from Bank of America Merrill Lynch, where she was managing director responsible for a range of debt capital markets products including European commercial paper, covered bonds and green bonds in Europe, the Middle East and Africa.

Miton Group appointed Mark Wright as regional sales manager for the Midlands, reporting to head of sales Neil Bridge. Wright is responsible for promoting Miton’s product range to the wider intermediary market. Wright was previously a portfolio manager and investment analyst at AFH Wealth Management in Bromsgrove.

Finisterre Capital appointed David Burnside as a partner and head of business development, reporting to Frode Foss-Skiftesvik, co-founder and CEO. Burnside is responsible for communicating strategies to prospective and current investors across Europe, the US and Asia and working with the partners on product development. Before joining, Burnside was at BlueBay Asset Management, where he was a partner and head of alternatives.

BMO Global Asset Management, along with one of its boutique managers, Lloyd George Management, named Thomas Vester as chief investment officer of LGM. He is responsible for “enhancing and coordinating the investment process and criteria for stock selection” for BMO Global Asset Management across LGM's strategies in Asia, global emerging markets, China and India, as well as frontier markets. Vester has worked in the industry since 2005 and joined LGM in 2011.

Global professional services company Towers Watson appointed Ed Francis as EMEA head of the company’s investment business. He succeeded Chris Ford, who assumed the role of global head of investment. Francis joined Towers Watson in 2001 from PricewaterhouseCoopers.

Allfunds Bank, the funds servicing specialist, appointed Anna Graziano as head of operations and proposition to help drive expansion in the UK and Ireland. She is the “fourth and final hire” into a new management team headed by Stephen Mohan at Allfunds Bank’s UK & Irish business. Graziano was formerly managing director of strategic relations at Calastone, the funds network firm.

Octopus Investments increased the size of its business development team by a quarter to meet increased demand for smaller company investing as demand for tax efficient investments grow. The firm increased the size of its business development team by 25 per cent in the last year and now had 37 business development managers across the UK.

The investment management technology firm HedgeGuard appointed Richard Hutton to drive growth of its family office business, working in London. Hutton has worked in the family offices space for more than a decade, having most recently been a business development manager for Campden Wealth. Prior to that, he was head of business development at Family Bhive.

Franklin Templeton Investments appointed Mark Dunn as the new head of discretionary for the UK. He is based in London, reporting to Alex Brotherston, head of UK retail sales. He took over from Fraser Wildgoose, who was promoted to a senior role at the firm's global consultancy group. Dunn oversees fund distribution within the discretionary channel and manages the discretionary sales team. Dunn previously worked at Carmignac Gestion where he was sales director for the last two years covering UK, Channel Islands, Isle of Man and Ireland.

UBS appointed Tom Hall as head of philanthropy services for the wealth management business in UK and Jersey. Hall took on expanded responsibility for the entire philanthropy offering. Hall is currently head of UBS Optimus Foundation UK at UBS.

Hall reports functionally to Mario Marconi, global head of philanthropy and values-based investing, and locally to Nick Perryman, who is wealth management UK MC member responsible for philanthropy.

Switzerland
The Swiss Financial Market Supervisory Authority (FINMA), Switzerland’s financial watchdog, appointed Mark Branson as chief executive, making him the first foreigner to assume the role. The Swiss regulator has also made a number of changes to its executive board. Branson has been acting as interim CEO since 1 February 2014 and will take up the post as of 1 April 2014.

Global Banque Profil de Gestion proposed Geneviève Berclaz and Emmanuele Emanuele for election to the board at the next general meeting of shareholders to be held 23 April. The nominations followed the decision of current president Eric Alves de Souza not to stand for re-election to the board. Fabio Candeli, Nicolò Angileri and Ivan Mazuranic will stand for election to the board for a further term of one year.

Bank J Safra Sarasin appointed Dr Karsten Junius as its new chief economist. Junius was previously principal economist at the International Monetary Fund.
His previous appointments include head of capital markets and real estate research at DekaBank and economist at Metzler Asset Management. He was also an economist at the Kiel Institute of World Economics in Germany.

René Schnieper, head of insurance division at the Swiss Financial Market Supervisory Authority, decided to retire due to his age, thus ending his professional career.  At the end of July 2014 he will be leaving the Swiss Financial Market Supervisory Authority FINMA.  The search for a replacement has started. Since the authority was launched on 1 January 2009, Schnieper has been a member of the FINMA executive board.

Vontobel Asset Management appointed Daniel Signer as head of relationship management for Swiss institutional clients. He replaced Lukas Bolfing, who since October 2013 has been head of sales for multi-asset class investing strategies. Signer had been with Vontobel Asset Management as senior relationship manager and deputy head of the Swiss Institutional sales team since November 2012. Before this, he worked as senior investment consultant at Complementa, where he advised pension funds and other institutional clients in investment areas.

Julius Baer today announced that Leonhard Fischer has decided to step down from Julius Baer’s board of directors to avoid any potential conflicts of interests because of his role as chief executive and board member at RHJ International, the financial services group.

Switzerland
The Swiss Financial Market Supervisory Authority (FINMA), Switzerland’s financial watchdog, appointed Mark Branson as chief executive, making him the first foreigner to assume the role. The Swiss regulator has also made a number of changes to its executive board. Branson has been acting as interim CEO since 1 February 2014 and will take up the post as of 1 April 2014.

Global Banque Profil de Gestion proposed Geneviève Berclaz and Emmanuele Emanuele for election to the board at the next general meeting of shareholders to be held 23 April. The nominations followed the decision of current president Eric Alves de Souza not to stand for re-election to the board. Fabio Candeli, Nicolò Angileri and Ivan Mazuranic will stand for election to the board for a further term of one year.

Bank J Safra Sarasin appointed Dr Karsten Junius as its new chief economist. Junius was previously principal economist at the International Monetary Fund.
His previous appointments include head of capital markets and real estate research at DekaBank and economist at Metzler Asset Management. He was also an economist at the Kiel Institute of World Economics in Germany.

René Schnieper, head of insurance division at the Swiss Financial Market Supervisory Authority, decided to retire due to his age, thus ending his professional career.  At the end of July 2014 he will be leaving the Swiss Financial Market Supervisory Authority FINMA.  The search for a replacement has started. Since the authority was launched on 1 January 2009, Schnieper has been a member of the FINMA executive board.

Vontobel Asset Management appointed Daniel Signer as head of relationship management for Swiss institutional clients. He replaced Lukas Bolfing, who since October 2013 has been head of sales for multi-asset class investing strategies. Signer had been with Vontobel Asset Management as senior relationship manager and deputy head of the Swiss Institutional sales team since November 2012. Before this, he worked as senior investment consultant at Complementa, where he advised pension funds and other institutional clients in investment areas.

Julius Baer today announced that Leonhard Fischer has decided to step down from Julius Baer’s board of directors to avoid any potential conflicts of interests because of his role as chief executive and board member at RHJ International, the financial services group.

Europe
Hawksford, the Jersey-based wealth structuring firm, appointed Steve Spybey in the newly-created position of operations director. He joined after 11 years at Ernst & Young, where he worked with a range of local and international clients and on projects such as devising risk management frameworks, business restructuring, remediation, internal audits and reporting on the effectiveness of control environments. Hawksford also appointed Maxine Rawlins as the replacement of their chief executive Peter Murley, who retired. She was previously at Ernst & Young, where she led a team which grew Maples Finance into a multi-jurisdiction fiduciary services business. 

Charles Soullard has been appointed to lead Neuberger Berman’s French client efforts. He reports to Dik van Lomwel, head of EMEA and Latin America at the employee-controlled investment management firm. Soullard was previously head of sales at OFI Asset Management.

PLMJ, a Portugal-based law firm, created a Swiss desk and opened an office in Lausanne in response to increasing amounts of work involving private clients with assets in Switzerland. The development is led by partner Nuno Cunha Barnabé, who was recently admitted to practice in the canton of Vaud and is now spending several days a month in the canton’s capital Lausanne.

Generali Investments Europe, asset manager of Italy’s Generali Group, appointed Hervé Gay as a senior credit analyst in its Paris branch. The credit analyst was formerly a senior sell-side fixed income credit analyst and deputy head of credit research at Societe Generale in Paris.

Brooks Macdonald International, part of the UK-listed Brooks Macdonald Group, appointed a new senior business development manager to oversee management, advisory and foreign exchange services in its Jersey branch. Lindsay Bateman, who has 35 years’ experience in the financial services industry, joined BMI where he will be responsible for targeting new business opportunities across the international professional adviser markets. Formerly an executive director for business development at Ermitage Group, he was responsible for developing new contacts with institutional and retail clients within the Channel Islands, UK and internationally, and is a member of the Chartered Institute for Securities and Investment.

BNP Paribas Investment Partners, part of the French banking group BNP Paribas, appointed Colin Graham as chief investment officer and head of tactical asset allocation and research in the group’s Multi-Asset Solutions team. He is based in London and reports to Charles Janssen, Head of MAS. Graham, who has over 20 years of professional experience, joined BNPP IP from BlackRock, where he was co‐head of the global multi-asset strategies team. Before that, he worked as an actuarial consultant at Mercer.

Lombard International Assurance, the Luxembourg-based life assurance company, appointed Robert MacIntyre to lead its wealth structuring solutions unit. MacIntyre was previously chief of wealth planning for the EMEA region at Merrill Lynch and will lead a team of 20, Lombard International Assurance.

Vestra Wealth appointed Stephen Rafferty as business development director for the Channel Islands, based in the firm’s Jersey subsidiary, Vestra Wealth (Jersey). He is responsible for developing relationships with fiduciary companies and high net worth individuals. Rafferty’s previous career, spanning more than 30 years in the banking sector, was him work at firms such as AIB and more recently Bank Leumi in Jersey.

International
PMG International said the election of John Veihmeyer as global chairman was ratified by its global council. He was the unanimous choice of the firm’s global board. He has served as chairman and CEO of KPMG's firm in the US since 2010 and will continue in those roles as global chairman. He will continue to be based in New York.

Latin America
Christoph Schaer - formerly managing director for ultra high net worth clients at UBS in Brazil - joined Uruguay-headquartered wealth management firm Biscayne Capital in Zurich. Schaer has 15 years of experience working in the private banking industry in Switzerland and Brazil and has been named as a managing director of Biscayne Capital (Switzerland). In his former role at UBS, he also served as a member of the regional management committee.

Middle East

HSBC appointed Khalid Elgibaly as regional head of retail banking and wealth management in the Middle East and North Africa region. Elgibaly succeeded Francesca McDonagh, who moved to HSBC's UK division in January as head of retail banking and wealth management. He joined HSBC from Standard Chartered Bank, where he was chief executive and regional head of consumer banking for the Middle East. Prior to this, Elgibaly was CEO, Egypt and North Africa for Barclays, following a number of senior consumer banking roles within Citigroup.

North America
TD Wealth brought in a five-strong team to strengthen its offerings in New Jersey, including a new market leader. Based in Mt Laurel, NJ, John Watson took charge as wealth market leader for the southern and coastal regions of the state.

He manages the team and leads the expansion of TD’s wealth management business in the area, offering private banking, lending, investment and trust solutions to clients.

Watson left Wells Fargo Private Bank after a 12-year stint, where he most recently served as wealth management advisor for the southern and coastal regions of New Jersey.

Angela Barone, James Beam, Adam Bracy, Jack Hall and Nick Rounds - the latter four all-moving from PNC Wealth Management in Moorestown, NJ – all joined Watson’s team.

Barone, who serves as an estate settlement manager, has been with TD wealth since 2006. Prior to this, she practiced law for 12 years in the trusts and estates field.

Beam became vice president, senior investment advisor, taking responsibility for managing client investment portfolios. He has been in the industry for 14 years, specializing in global portfolio management, investment strategy and derivative solution.

Both Bracy and Rounds took up the role of vice president, senior relationship manager. They will deliver TD wealth management products and services to its clientele. This will include financial planning, estate planning, retirement planning, private banking and investment management. This mirrors similar roles that they both held at PNC Bank. Rounding off the pack is industry veteran Hall, who serves as vice president, senior credit advisor.

New York-listed Signature Bank added three private client banking teams, bringing the total number of teams to 92.

Team one

Lucy Mazany is a group director and senior vice president, heading a four-person team that all joined from Valley National Bank (formerly State Bank). They are based in Jericho, Long Island, NY. The team has worked together for ten years.

Mazany has around 25 years of industry experience, having previously been a senior vice president and division manager for 12 years at her former firm, overseeing 15 Long Island branches. Earlier, she was a vice president and branch manager at European American Bank/Citibank.

Richard DeMartino, associate group director and vice president; June Alleyne, relationship manager; and Hillary Bogi, senior client associate, also joined Mazaby’s team.

DeMartino, a banking veteran with 38 years of experience, spent the past 11 years as vice president and branch sales manager at Valley National Bank in New Hyde Park, NY. Formerly, he was branch manager and vice president at European American Bank/Citibank in Long Island.

Alleyne’s banking career spans 35 years, having previously been a vice president and sales manager for 11 years at her former firm in Port Washington, NY. Prior, she spent 23 years at European American Bank/Citibank as an assistant branch manager.

Bogi was latterly a branch service manager in Farmingdale, NY, responsible for all operational aspects of the branch. For the majority of her career, she worked at JP Morgan Chase throughout the New York Metropolitan area in various positions including branch operations manager.

Team two

Meanwhile, Thomas Mooney was appointed as group director and senior vice president, leading a three–person team that has worked together for seven years. The team will be based in White Plains until its newest office in Greenwich, CT, opens later this year.

Mooney spent the past ten years at JP Morgan Chase, most recently as Northeast region recruiting manager. Previously, he was a district manager in Fairfield, CT, with oversight of all the branches in that county, serving affluent business and personal clients.

Richard Carr, associate group director and vice president on Mooney’s team, has 25 years of financial services expertise. He served for eight years as branch manager and vice president for JP Morgan Chase in Ridgefield, CT. He also was a financial advisor to affluent clients while formerly working for Bear Stearns.

Joseph Cambareri, with 12 years of banking experience, joined the team as relationship manager, focused on serving commercial clients and providing operational support. Previously, he held a number of banking roles including branch manager at JP Morgan Chase in Westport, CT, managing a team that delivered private client banking services.

Team three

Lastly, Andrew Corrado and Drew Crowley are both group directors and senior vice presidents, charged with jointly heading a five-person team in Melville, NY. The team has worked together for the past decade.

Corrado has been in the banking industry for 27 years, most recently as senior vice president, heading up the national professional services and private banking division at Capital One/North Fork Bank. His areas of specialty include middle-market businesses, attorneys, accountants and medical practices. Before his stint at Capital One, Corrado worked in the small business financial services division at JP Morgan Chase, and, earlier, he headed marketing and product management at European American Bank.

Crowley, a 34-year banking professional, spent the past 19 years at Capital One/North Fork Bank - latterly as senior vice president and Northeast market manager for professional services and private banking in Manhattan. He managed three teams of commercial and private bankers across New York City, Long Island and New Jersey. Prior, he was a commercial banking team leader at National Westminster Bank on Long Island.

Elizabeth Madigan and Anne Marie Immerso both joined the Corrado/Crowley team as associate group directors, also from Capital One/North Fork Bank. Both were latterly senior vice presidents and relationship managers in Melville, Long Island. Madigan and Immerso worked there for 15 and 10 years respectively.

Madigan, with more than 20 years in banking, formerly worked with a commercial banking group, and previously managed commercial branches in both Jericho and Woodbury. She has also held various roles at European American Bank.

Immerso has spent over 25 years in the banking arena, most recently as senior vice president at Capital One/North Fork Bank in Melville, managing commercial client relationships. Earlier, she was a commercial bank branch manager for the same institution in Massapequa and Massapequa Park. Prior to that, she too held various roles at European American Bank.

Lastly, Shya Chen was named as a senior client associate for Crowley and Corrado's team. She spent her entire 13-year banking career at Capital One Bank/North Fork Bank in Melville, as office manager for a national team, providing client and operational support.

Ziegler, the investment bank and brokerage firm, hired David Wickert as a financial advisor in Waukesha, WI.

Wickert previously served as an associate financial advisor at Augustine Financial and will be teaming up with Ziegler financial advisor and vice president, Mark Severson.

Diversified Trust, the Southeastern-based US wealth management firm, made four senior promotions to principal in Nashville, TN, Atlanta, GA, and Memphis, TN.

Selden Frisbee joined Diversified Trust in Nashville in 2012 and leads the team which provides oversight, planning and support for all operational functions firm-wide.

Prior to joining Diversified Trust, Frisbee was a managing director of corporate strategy at Charles Schwab, where he led strategy and corporate development initiatives for the advisor services division. His background also includes roles at Merrill Lynch, Fisher Investments and Accenture.

Jeff Howard, who joined the firm back in 2008, leads Diversified Trust’s portfolio management team. Prior to joining, he worked as an independent, fee-only, registered investment advisor and financial planner.

Meanwhile, Louis Jehl stepped into the firm’s Memphis office in 2011. His primary duties include client servicing and business development. He began his career in public accounting with Arthur Andersen and then spent around 20 years in financial and management roles at public and private companies.

Rounding off the promotions, Terry Stanford joined Diversified Trust in Memphis in 1999. He oversees corporate accounting, treasury and compliance functions, as well as the custody and portfolio administration of fund strategies. Stanford is also responsible for Diversified Trusts’s fund tax accounting and reporting.

Regions Bank appointed Paul Craft as area wealth executive for West Tennessee. Craft manages a 29-strong team from his office in Memphis.

He joined Regions in 2013, serving as a sales manager for the West Tennessee private wealth management group. Previously, Craft spent 12 years at First Tennessee as a private bank relationship manager.

New England Investment and Retirement Group appointed Patrick Sheppard as chief operating and compliance officer. Sheppard reports to president and founder Nick Giacoumakis, leading and managing all aspects of the company’s functions, including investment operations, compliance, marketing and administration.

Sheppard has over 25 years of experience in the investment industry.  Previously, he was chief operating officer at industry firms such as William Blair Investment Management, The Boston Company Asset Management and BNY Mellon Asset Management. 

US-based Affiliated Managers Group, a global asset management company, appointed Jeffrey Cerutti to the newly-created role of chief executive of AMG Funds, the firm’s US retail distribution business. Reporting to Andrew Dyson, AMG’s executive vice president and head of global distribution, Cerutti is based in Norwalk, CT.  

Cerutti joined AMG from Virtus Investment Partners, where he served as executive vice president and was responsible for the distribution of all investment products across all channels and platforms.

Previously, Cerutti served as managing director and head of national sales at UBS Global Asset Management.  There, he led the distribution efforts of UBS mutual funds, separately-managed accounts, and alternative investments within various retail channels.

Lebenthal Wealth Advisors, a private division of Lebenthal Holdings, brought in the Gallaway Stern Group in the shape of Carrie Gallaway and Andrew Stern, who joined as managing directors.

Gallaway, Stern and their team manage approximately $1.2 billion in high net worth individual and family assets. The group also includes Jimmy Janeczek, Leigh Moglia and Alexander Tuason - all of whom are vice presidents, wealth management.

Gallaway focuses on asset allocation and portfolio construction, while Stern specializes in investment management and providing guidance on asset allocation, portfolio construction, planning strategies and wealth transfer. Gallaway and Stern previously spent 15 and 17 years, respectively, at Morgan Stanley.

Global alternative asset manager The Carlyle Group appointed Michael Cavanagh - formerly co-chief executive of the corporate and investment bank at JP Morgan Chase & Co - and Glenn Youngkin as co-presidents and co-chief operating officers, based in New York and Washington, DC, respectively. 

JP Morgan announced that Daniel Pinto, formerly CIB co-CEO alongside Cavanagh, was named as the sole CEO of the corporate and investment bank.

Youngkin is a 19-year Carlyle veteran and currently chief operating officer at the firm. The appointments are effective from this summer. The president role is a newly-created one and will involve Cavanagh and Youngkin helping to develop and implement Carlyle’s strategic growth initiatives and manage the firm’s global operations on a day-to-day basis.

Cavanagh also joined Carlyle’s executive group, whose members are: chairman Daniel D’Aniello; co-CEOs William Conway and David Rubenstein; COO Glenn Youngkin; chief financial officer Adena Friedman; and general counsel Jeffrey Ferguson.

US Bank Wealth Management named Sara Dorosti as a trust relationship manager in San Francisco, CA, and Alex Kramer as Milwaukee, WI, market leader - both for the Private Client Reserve, the firm’s high net worth unit.

Kramer was previously a wealth management advisor and managing director in Milwaukee and now leads a team of wealth management professionals providing investment management, private banking, trust and estate services and wealth planning to high net worth clients in the region. He reports to Michael Ott, president and central region president of the PCR.

Before joining the PCR, Kramer was a sales manager at Johnson Bank Wealth Management, where he led sales strategies and teams throughout Wisconsin and Arizona. He has also worked at Credit Suisse Securities and Harris Private Bank.

Meanwhile, Dorosti brought to the PCR experience in trust management, estate planning and contract negotiations. She was latterly an associate attorney with Pillsbury Winthrop Shaw and Pittman in Palo Alto, CA.

Bessemer Trust appointed Alfonso Baigorri as a managing director and regional director to lead the firm's Miami, FL, office. He will report to Michael Marquez, managing director and Florida region head.

Baigorri has more than 20 years of experience in the banking and legal fields. Bessemer said he has advised US and foreign ultra high net worth families, with a specific focus on tax and implementation of estate plans for families with both US and foreign assets.

Baigorri is formerly of JP Morgan Private Bank, where he was most recently a managing director in the Latin America wealth advisory practice. Prior to JP Morgan, he worked at the international, US-based law firm Buchanan Ingersoll & Rooney, having also spent time at Florida’s Katz Barron Squitero & Faust, and Banco Santander in Puerto Rico and Florida.

Raymond James brought in Peter Alberding and Warren Wright to establish and expand the firm’s offices in Boston, MA, and Washington, DC, as the firm looks to expand in the Northeast.

Alberding - latterly of UBS - was appointed as branch manager of what will be the first Raymond James & Associates retail office in Boston’s downtown financial district.

He started his stint at UBS as a financial advisor in 1997 with PaineWebber, later becoming a sales manager at the firm’s downtown Boston branch. Additionally, he spent three years working at the firm’s domestic wealth management business in Switzerland, and was also, for a period of time, chief operating officer of its Western US division in Chicago, IL.

Meanwhile, Wright was named as Mid-Atlantic complex manager, based in Washington, DC. Wright previously held a number of leadership roles at Morgan Stanley and its predecessor firm, Smith Barney, including branch manager and complex business development manager. Prior to joining Smith Barney in 2008, Wright spent 10 years at Merrill Lynch’s Washington branch, where he built an advisory practice and was also a sales manager.

Marc Spilker stepped down as president of New York-listed Apollo Global Management and as a member of the firm’s executive committee.

Spilker will stay on as a senior advisor to the firm for the remainder of 2014. He joined Apollo Global Management as president in December 2010 following his retirement from Goldman Sachs in May 2010, where he was co-head of the investment management division. Spilker was also a member of Goldman Sachs' firm-wide management committee.

Apollo’s executive committee continues to manage the firm, while the management committee of senior executives from the investment and infrastructure units assist in managing day-to-day operations.

(Members of Apollo’s executive committee include: Leon Black, chairman and chief executive; Josh Harris, senior managing director; and Marc Rowan, senior managing director.)

Global asset manager MFS Investment Management brought in Ignacio Fuenzalida from JP Morgan as director of sales for Chile.

Based in Santiago, Fuenzalida works with Chilean private banks, local brokerage firms, funds-of-funds, family offices and insurance companies.

Fuenzalida previously worked at JP Morgan Asset management, where he helped oversee the firm's distribution of mutual funds and served as a client advisor in Latin America. Prior to that, he was a portfolio manager and head of foreign equities and balanced portfolios at Cruz Del Sur AGF. Fuenzalida began his investment career in 2007 as a foreign equity analyst and trader at AFP Provida.

Family Office Association, the global forum for single family offices, hired Ryan Ansin as president, while also announcing details of its Spring Summit on April 9-10 in New York.

Ansin’s hire was part of FOA’s entrepreneurship and next-generation initiatives to “bring new voices to the investment table.” Reflecting this, the summit will focus on issues pertaining to multi-generational wealth holders and the notion that next gen individuals have different values and behaviors than the Baby Boomers generation - a highly talked-about topic in the wealth management arena at present.

Ansin is co-founder of Clarity Project, a program which supports primary education and adult literacy in diamond-mining communities such as Kono, Sierre Leone. He is also executive director of Every Person Has A Story (EPHAS) Productions, a non-profit organization that he founded to raise awareness and foster connections between people in developing countries and students in American schools through photographs. He aggregates these and his other non-profit and for-profit start-ups into a “For-Purpose” initiative.

Lyxor Asset Management, a subsidiary of Societe Generale, made two senior appointments in the US, naming Nathanaël Benzaken as chief executive and Lior Segev as deputy CEO, with effect from early August.

In his new role as CEO (US), Benzaken  is based in New York and reports to Lionel Paquin, CEO of Lyxor Asset Management.

Latterly deputy head of alternative investments (since July 2013), Benzaken also previously headed business development for managed accounts at the firm. He joined Lyxor Asset Management in March 2001 as head of the long/short equity desk.

Segev joined Societe Generale Asset Management in the US as chief legal counsel and chief compliance officer in March 2006 and became CLO and CCO at Lyxor AM in April 2008, following the merger of SG Asset Management into Lyxor.

In May 2011, he moved from being CCO to chief operating officer for Lyxor US – a role he retains alongside his new post. In October last year, he was appointed as interim CEO for Lyxor Inc.

Carey Olsen, the offshore law firm, appointed Claire McConway as counsel within the British Virgin Islands practice. In this London-based role, McConway focuses on developing the firm’s Russian practice.

Prior to this, McConway was a corporate lawyer for nine years at international UK and US firms in London. She was a specialist in advice on cross-border mergers and acquisitions, joint ventures, private equity and equity capital markets work.

Previously, she spent four years with an offshore law firm in Bermuda, Moscow and London, where she managed the Moscow office.

McConway has a strong background in corporate and finance transactions involving Russia and the CIS, which often utilize BVI companies.

HighTower recruited Amit Dogra as director of East Coast relationship management, charged with providing practice management and business consulting services to the firm’s financial advisor teams.

Dogra was most recently a practice management consultant and leader of the wealth management and advisory knowledge group at North Highland Company. Before that, he held senior posts at Graystone Wealth Management & Private Bank, BNY Mellon Wealth Management, Brinker Capital and SEI.

Hot on the heels of a raft of hires in 2014, US Bank appointed John Campbell as a wealth planner at its high net worth Private Client Reserve, in Chicago, IL.

Campbell has over 25 years of experience in the financial services industry, having previously worked in a similar role at Oppenheimer & Co.

He was also previously director of advanced planning and regional vice president at AXA Equitable, and spent time at Merrill Lynch Global Private Client Group as a vice president of wealth structuring and an insurance specialist.

Philadelphia, PA-headquartered Janney Montgomery Scott, the wealth management firm and investment bank, appointed Martin Lutschaunig as senior vice president of wealth management in Yardley, PA.

Patricia Coluccio, a senior registered private client assistant, joined Lutschaunig, who joined from Merrill Lynch.

Before Merrill, where he worked for 21 years, Lutschaunig worked as a controller for a national real estate development and management company. Earlier, he worked at Deloitte and Touche as a senior accountant.

Manulife Asset Management hired Michael Evans as managing director and portfolio specialist, focused on the firm's US equity teams, based in Boston, MA.

Evans reports to Jeffrey Santerre, senior managing director and global head of the portfolio specialist team.
He has around 20 years of investment industry experience, having spent ten years at Evercore Asset Management as a senior equity research analyst. In that role, he concentrated on small- and mid-cap care investment portfolios for institutional clients.
Prior to that, he worked for Gray Capital Management as a fixed income analyst/assistant portfolio manager.

Employee-owned wealth management firm Baird welcomed a new director and branch manager at its San Francisco, CA, office, where the firm now has an 11-strong team.

Francis Roche is latterly of RBC, where he held leadership positions including group head of corporate services, and complex manager of San Francisco and the Northern California market.

Roche previously held branch management posts at the former PaineWebber/Kidder Peabody and Prudential Securities.

Alan Lebowitz joined Evercore Trust Company as a senior advisor in Washington, DC. With detailed experience in ERISA fiduciary law and policy, Lebowitz provides guidance on policy and regulatory issues impacting clients.

Lebowitz recently retired from the Department of Labor after 34 years, where he was deputy assistant secretary of program operations for the Employee Benefits Security Administration. In that role, he oversaw EBSA's regulatory, enforcement and reporting activities. He also served as acting assistant secretary of labor for EBSA during several presidential transition periods and in other instances.

Prior to joining the Department of Labor, Lebowitz worked in the employee plans area of the Internal Revenue Service, ending his stint there as chief of the prohibited transactions staff.

KPMG International, the “Big Four” accountancy firm, said that the election of John Veihmeyer as global chairman has been ratified by its global council. He was the unanimous choice of the firm’s global board on February 27; he assumed the role immediately.

Veihmeyer served as chairman and CEO of KPMG's firm in the US since 2010 and will continue in those roles as global chairman. He will continue to be based in New York.

He has previously held other leadership roles at KPMG, including as a member of KPMG's global executive team; chairman of the Americas region; deputy US chairman; managing partner of KPMG's Washington, DC, operations; and global head of risk management and regulatory.

Deutsche Asset & Wealth Management appointed Jon Mallon as a director and regional executive, and hired David Rosenthal as a managing director and client advisor, in Greenwich, CT.

Mallon, with around 20 years of industry experience, was most recently a branch manager at UBS Wealth Management in Santa Rosa, CA. Previously, he worked in wealth management at Morgan Stanley and Lehman Brothers.

Rosenthal was latterly head of the institutional advisory group at Fieldpoint Private in Greenwich, having worked at Morgan Stanley Graystone as an institutional consulting director before that.

Advisors David Huffman and Aimee Boggs linked up to form the Boggs Huffman Wealth Management Group of Raymond James & Associates in Ponte Vedra Beach, FL.

Huffman and Boggs, with 31 years of combined industry experience, joined Raymond James from Morgan Stanley, where they previously managed more than $180 million in client assets and had around $1.3 million in annual fees and commissions.

Huffman began his career as an investment representative at Edward Jones in 2001 and then served as a vice president and branch manager for AG Edwards between 2004 and 2007. He joined Morgan Stanley in 2007 as a vice president of wealth management and branch manager, until 2013.

Boggs, senior vice president of investments, started her financial services career as a CPA with Ernst and Whinney. Prior to joining Raymond James, she was a vice president of wealth management at Citigroup Global Markets from 1996 to 2009, and then moved to Morgan Stanley between 2009 and 2013 as first vice president of wealth management.

State Street appointed Suresh Krishnamurthy and Cesar Estrada as senior executives to its Alternatives Investment Solutions private equity fund services team in North America.

Senior managing directors Krishnamurthy and Estrada lead teams serving alternative funds of funds, limited partner, direct and hybrid structures.

Krishnamurthy joined State Street in 2003 and became head of the private equity and real estate funds of funds and limited partner services in North America. He will continue and expand existing client relationships while implementing a global FoF and LP administration and analytics services model.

In February, Estrada joined State Street as head of private equity, directs and hybrids for North America.  Estrada will be responsible for managing and expanding existing client relationships, while also defining, implementing and promoting the direct and hybrid operating models globally.

Estrada joined State Street from JP Morgan, where he worked for more than 20 years and has served as a managing director and head of private equity fund services product.

Windham Brannon, an Atlanta, GA-headquartered provider of tax, audit, accounting and advisory services, announced a new leadership team for its high net worth practice.

Windham Brannon's Barbara Coats and Courtnay Bazemore now serve as co-heads for this area.  Coats and Bazemore succeeded Jim Underwood, who retired in January this year.

Coats was with Windham Brannon for 22 years, most recently as principal for tax compliance and planning. She specializes in tax planning for high net worth individuals and businesses; financial and retirement planning; income tax planning, preparation and agency examination; inbound and outbound international investment. She also covers industry market segments, including manufacturing, technology, real estate, mining and construction.

Bazemore has more than 20 years of experience in individual tax compliance and planning, estate planning, family partnerships, trusts and estates.  She also advises individuals in the areas of executive compensation and philanthropic strategies.

Bazemore has been with the firm since 2003, having served as a principal at Tarpley & Underwood, an accounting firm that merged with Windham Brannon in 2011.

She currently serves on the board for the Atlanta Estate Planning Council and is on the Planned Giving Advisory Board for the Community Foundation for Greater Atlanta.

RBC Wealth Management announced that Mary Sumners, who has held a top role in Asia for the Canada-headquartered firm, was appointed as head of International Wealth-USA.  This role was a replacement for Mary Zimmer, who is on a temporary sabbatical. She will not return to the role when she returns.

Sumners is responsible for the growth and delivery of wealth management products, services and will advise high net worth clients.

Since 1988, Sumners has worked for RBC in various trading and management roles, gaining experience in fixed income, research, emerging markets, retail brokerage and private banking. Previously, Sumners was head of investments-Asia for RBC Wealth Management. She focused on broadening the company’s presence in Asia.

Andrew Turczyniak, who has been the head of Asia at RBC Wealth Management in Hong Kong, China, left the firm.

Royal Bank of Canada, the Toronto-listed bank, said regional heads at the wealth management firm would, going forward, report into Barend Janssens, who is head of RBC Wealth Management Emerging Markets.

The change in reporting was designed to get teams closer to the market.

Citi Private Bank recruited Adam Gross from JP Morgan in New York as managing director and head of ultra high net worth capital market client coverage for North America.

In this newly-created role, Gross reports to Steve Bodurtha, head of investments for North America.

Additionally, Citi also added John-Paul Tomassetti to the team as a director, reporting to Gross.

In his role, Gross partners with Citi’s private bankers and investment counselors, as well as product teams within the firm’s institutional clients group, to “initiate and close idea-driven market business for sophisticated markets-oriented clients.”

Gross will also work with Citi Private Bank's managed investments team, the chief investment office and Citi Research.

Gross previously spent around 20 years at JP Morgan, most recently as managing director and head of US prospecting and marketing for the global investment opportunities group, of which he was a founder while working as an equity syndicate specialist.

He also held roles as the GIO group’s head of US investors and as a senior investor for the Northeast region. He started his career at JP Morgan as an associate in the investment bank and later as a credit specialist within the capital advisory unit.

Tomassetti, meanwhile, joined from Barclays Wealth Americas (now Barclays Wealth & Investment Management) in New York, where he was a director and investment representative. In that role, he was involved with devising and implementing business development strategies.

Before joining Barclays in 2010, Tomassetti worked for six years at JP Morgan Private Bank as an investment advisor in the GIO group. Previously, he worked at Miller Tabak Roberts in high yield and emerging markets sales, having also spent time on the high-grade corporate bond desk at Solomon Smith Barney.

BNY Mellon Wealth Management made two new business development senior directors for its Ohio and California offices.

The firm hired Kevin Afnan to the newly-created role of senior director for business development in its Cleveland and Columbus offices, leaving his role as regional vice president of sales with RS Investments.

Prior to BNY Mellon, his 18-year career included a stint as a financial advisor with Key Investment Services.
On the other side of the US, Kristofer Reddaway, who was executive managing director and a founding partner of Newport Beach-based Capstone Financial Group, will oversee the California branch in his new role.

He also worked with Prudential Financial as a managing director, where he headed wealth management and financial solutions teams across the South-Western US and Bay Area markets.

Raymond James & Associates, the employee broker/dealer subsidiary of Raymond James, appointed Tom Walrond as chief operating officer and senior vice president, in St Petersburg, FL.

Tom Galvin, who was promoted to North Atlantic regional director and senior vice president, replaced him. His responsibilities will encompass continued support of the coastal region within RJA’s Eastern division, which includes Florida and several Northeastern states.

Walrond began his financial services career in 1988 and spent eight years as a financial advisor at Wheat First Butcher Singer in Philadelphia. He joined Raymond James in 1998 as a branch manager and eight years later was promoted to manager of the North Atlantic complex.

Following the firm’s 2012 acquisition of Morgan Keegan, he was promoted to North Atlantic regional director, overseeing 35 branches and 133 advisors.

Galvin spent his entire career with Raymond James, joining the company as an intern in 1997 and becoming a trainee financial advisor in 1998. He took over the Jacksonville branch office in 2001 and was promoted to complex manager in 2006. He was promoted to regional director in the spring of 2012.

Morgan Stanley appointed Lisa Cregan as Mid-Atlantic regional director for Morgan Stanley Wealth Management, based in Washington DC, and reporting to Richard Skae, North East division director.
Cregan succeeded Drew Hawkins, who was recently named head of the new global sports and entertainment group at Morgan Stanley Wealth Management.

Cregan previously served as a complex manager in Houston, TX, where she was named one of Houston’s “50 Most Influential Women” in 2011 by Houston Woman Magazine. Prior to joining Morgan Stanley in 2010, she spent 27 years at UBS and a predecessor firm, Paine Webber.

RBC Wealth Management (US) named Kevin Fairs as head of New York private banking and transnational strategy, as the firm hones in on the high net worth and ultra high net worth client segments in the US and globally.

Fairs is based in New York City and reports to Julian Stienstra, managing director of US and international private banking at RBC Wealth Management – US.

Working as part of RBC’s US and international private banking team, Fairs will focus on business development at the firm's New York private banking arm, while recruiting “globally-minded” private bankers.

Fairs joined RBC in December 2011 as director of strategy for global trust in the UK and the US, and was subsequently appointed as head of sales strategy and client experience.

Prior to joining RBC, Fairs held a senior role at Scotiabank, where he was in charge of recruiting and developing wealth management teams at the firm’s North American retail advisory and private client group. He has also worked at Lloyds Bank and Santander.

Seattle, Mercer Island-based Northwest Asset Management, a registered investment advisor that offers wealth management services, brought investment industry veteran Carlos Obando into the firm.

Prior to joining Northwest Asset Management, Obando managed the strategic allocation strategy for institutions and high new worth clients at UBS Financial Services in Seattle, Washington. Before that, he was a vice president of wealth management and a senior portfolio manager with Smith Barney.

Raymond James Financial Services appointed Luke Kuchenberg and Tyson Ray - operating as FORM Wealth - in Lake Geneva, WI.

FORM, an independent firm, joined Raymond James from Wells Fargo Advisors, where the team managed $220 million and had fees and commissions in excess of $2.5 million. FORM is an acronym for family, occupation, recreation and mission.

Kuchenberg started his financial services career in 1998 and then in 2001 joined Ray at A G Edwards, which later became Wachovia and, most recently, Wells Fargo Advisors.

Ray, co-founder of FORM and a financial planner, began his career in financial services 16 years ago after graduating from the University of West Florida with a degree in business, psychology and political science.

Cantor Fitzgerald Wealth Partners, the New York-based international financial services firm, named two new financial advisors.

Jeff Schulte and Jim Hiles joined the affiliate of Cantor Fitzgerald & Co to serve the private wealth market, reporting to Stan Gregor, president and chief exeucitve of Cantor Fitzgerald Wealth Partners.

Schulte was previously a senior financial consultant for high net worth clients at Mariner Wealth Advisors, and co-founded eMoney Advisors and investment advisory firm Wharton Business Group.

Hiles latterly worked as a senior wealth advisor at Mariner Wealth Advisors and held a senior role at CBIZ Wealth Management.

Matthews Asia, the US-based Asia-only investment specialist, appointed Andy Rothman as an investment strategist in San Francisco, CA.

Rothman conducts research focused on China’s on-going economic and political developments, while also acting as a spokesperson for the firm on China and playing a key role in the delivery of its thought leadership initiatives related to investing in Asia.

Rothman previously spent 14 years as a China macroeconomic strategist at Crédit Lyonnais Securities Asia, having spent the 17 years prior to that in the US Foreign Service. He also served as head of the macroeconomics and domestic policy office of the US Embassy in Beijing.

Cushman & Wakefield, the privately-held commercial real estate services firm, appointed a former top US police officer as its president of risk management services.

The company named Raymond Kelly, former Commissioner of the New York City Police Department, to the role.

Kelly, the longest serving Commissioner in NYPD history, is described by the firm as overseeing a sharp cut in crime during his tenure as Police Commissioner, including a 40 per cent decrease in violent crimes over the past 12 years.

Cushman & Wakefield’s newly-formed RMS group will offer clients tailored solutions to manage and mitigate risks around the world.  Kelly focuses on helping clients identify potential vulnerabilities and prepare for and manage risk across a number of critical areas.  These include physical and cyber security intelligence, crisis management, due diligence/site selection and emergency preparedness.

In addition to twice serving as the New York City Police Commissioner, Kelly’s career in public service includes directing the International Police Force in Haiti, serving as a Vice President of Interpol from 1996-2000, Commissioner of the US Customs Service, Undersecretary of Enforcement at the US Treasury Department. Commissioner Kelly retired as a Colonel in 1993 after 30 years of service from the United States Marine Corps Reserves, including serving a combat tour in Vietnam.

New York-headquartered Tiedemann Wealth Management appointed David Coulter, vice chairman at Warburg Pincus, as a member of the firm’s investment committee.

Coulter advises the firm on investment strategies, allocation and manager selection. He joined Warburg Pincus in November 2005 and currently serves as vice chairman, managing director and a member of the firm’s executive management group.

From 2000 to 2005, he worked at JP Morgan Chase in roles including vice chairman and member of the office of the chairman. From 2000 to 2002, he was responsible for the firm’s consumer and middle market divisions, as well as its asset management and private banking activities. From 2003 to 2005, he oversaw the global investment banking, capital markets and private equity businesses.

Prior to his tenure at JP Morgan Chase, Coulter was president, chief executive and chairman of the board of BankAmerica Corporation from 1995 to 1998, while his career at the firm spanned from 1976 to 1998.

Raymond James & Associates, the traditional employee broker-dealer of Raymond James, hired Gene Marx, senior vice president of investments, and Catherine Hunter, financial advisor, in Charlotte, NC.

Marx and Hunter operate as Marx Wealth Management and joined Raymond James from UBS Financial Services, where they managed more than $227 million in client assets and had $1.9 million in annual revenue.

A 23-year wealth management industry veteran, Marx has expertise in areas including risk management, investments, retirement planning and estate planning. He worked at Smith Barney for 14 years and most recently worked at UBS Financial Services, where he served as a financial advisor for eight and a half years.

Hunter has been in the industry for more than 17 years and specializes in financial, retirement and estate planning, income strategy and college funding matters. Prior to joining Raymond James, she worked at Smith Barney as a registered marketing associate and later joined UBS Financial Services as an investment associate.

Raymond James & Associates appointed Kyle Gearhart as a senior vice president of investments, based in Cincinnati, OH. Gearhart joined from Merrill Lynch, where he managed over $300 million in client assets and had more than $2.2 million in annual fees and commissions.

Shadia Haddad, client relationship manager; Alexandra Eichler, financial advisor; Bill Anderson, senior client service associate; and Karen Musselman, senior registered associate, accompanied him.

Atlantic Trust, the US private wealth management division of New York-listed CIBC, hired Charles Fowler as a vice president in Newport Beach, CA.

The firm said Newport Beach is its fastest-growing office, home to six relationship and portfolio management, client service and business development professionals. The office had more than $1.6 billion in assets under management as of December 31, 2013.

Fowler works on building relationships with high net worth clients while also strengthening associations with intermediaries in the Southern California region.

Fowler was previously a vice president in the private client group of Altegris Investments, where he developed new business, advised HNW individuals and families on alternative investment strategies.

Prior to joining Altegris, he worked as a financial consultant at Charles Schwab & Co and began his investment career as a consultant with A G Edwards & Sons.

Christoph Schaer - formerly managing director for ultra high net worth clients at UBS in Brazil - joined Uruguay-headquartered wealth management firm Biscayne Capital in Zurich.

Schaer has 15 years of experience working in the private banking industry in Switzerland and Brazil and has been named as a managing director of Biscayne Capital (Switzerland).

In his former role at UBS, he also served as a member of the regional management committee. Before his stint at UBS, Schaer worked at Credit Suisse in Brazil, where for six years he represented Credit Suisse Group companies’ vis-à-vis the Brazilian Central Bank. Earlier still, he held positions at JFE Hottinger & Co and worked for four years at Goldman, Sachs & Co.

The addition of Christoph Schaer brings the total number of financial advisors at Biscayne Capital to 41.

Raymond James & Associates, the traditional employee broker/dealer of New York-listed Raymond James Financial, appointed Kyle Gearhart as a senior vice president of investments, based in Cincinnati, OH.

Gearhart joined Raymond James from Merrill Lynch, where he managed over $300 million in client assets and had more than $2.2 million in annual fees and commissions.

Accompanying him in his new role is: Shadia Haddad, client relationship manager; Alexandra Eichler, financial advisor; Bill Anderson, senior client service associate; and Karen Musselman, senior registered associate.

Gearhart began his financial services career with PNC Bank (Central Trust at the time) as an analyst before joining Merrill Lynch in 1994, where he worked for 19 years prior to joining Raymond James.

Haddad has been in the financial services industry for six years and is a former financial advisor and commercial lender.

Eichler is a financial advisor and candidate in Raymond James’ Advisor Mastery Program, a program designed to train new financial advisors. She worked in fundraising before joining Gearhart’s practice at Merrill Lynch.

Anderson began his career in the financial services industry after serving in the military. He retired from Merrill Lynch after 44 years to become a senior associate with Gearhart’s practice.

Musselman, meanwhile, has been working in financial services for more than 30 years. 

Following on from what has so far been a busy year for US Bank Wealth Management, the firm hired Tom Zebroski as a vice president of wealth management advisor at its Private Client Reserve in Bellevue, WA.

US Bank said Zebroski has detailed knowledge of personal financial planning and wealth management, having formerly been a vice president and financial consultant for Charles Schwab & Co.

In his former role, he advised clients on a range of financial matters including risk management, investments, tax strategy, federal and state estate planning. He also led portfolio construction and investment management.

Previously, he was a financial advisor with Wells Fargo Advisors in Seattle and worked for 10 years at Microsoft.

UK-headquartered Vestra Wealth appointed Stephen Rafferty as business development director for the Channel Islands, based in the firm’s Jersey subsidiary, Vestra Wealth (Jersey).

He is responsible for developing relationships with fiduciary companies and high net worth individuals.

Rafferty’s previous career, spanning more than 30 years in the banking sector, has seen him work at firms such as AIB and more recently Bank Leumi in Jersey.

In recent years, he has concentrated on business development activities, particularly with local and overseas intermediaries and professionals.

Toronto-Based Sprott Asset Management named John Wilson as its new chief executive, taking over from Eric Sprott, who will continue to serve as chairman and chief investment officer and senior portfolio manager.

Wilson joined Sprott Asset Management in January 2012 with over 25 years of investment and business experience. Previously, he was CIO at Cumberland Private Wealth Management.

Prior to that, he: founded DDX Capital Partners, an alternative investment management firm; was managing director and a technology analyst at RBC Capital Markets; and a director at UBS Canada.

Sprott currently operates through five business units: Sprott Asset Management; Sprott Private Wealth; Sprott Consulting; Sprott Resource Lending; and Sprott US Holdings.

Silvercrest Asset Management brought in Marshall Acuff and Palmer Garson as managing directors to enhance the firm's presence in Virginia.

Acuff and Garson, who together have 60 years of investment management and wealthy advisory experience, will serve ultra high net worth families and institutional investors.

Specifically, they previously worked with private clients, family offices, foundations, endowments and other institutional investors. They are both latterly of Cary Street Partners.

Acuff will be a member of Silvercrest's investment policy and strategy committee. His investment management career includes the establishment of AMA Investment Counsel in Richmond, VA, and, before that, more than three decades at Smith Barney, where he served as a senior member of the investment policy committee.

Garson's 25-year career in financial services began in investment banking and private equity before entering the wealth management space. She co-founded Jefferson Capital Partners, a private equity firm, and also worked at Morgan Stanley & Co, AG Edwards and Mellon Bank.

The independent broker-dealer Raymond James Financial Services recruited Paul Allen and David Schadel, who operate as Wealth Strategies Partners in Brentwood, TN.

The team joined RJFS from Wiley Bros-Aintree Capital, where they managed over $200 million in client assets and had annual fees and commissions in excess of $1.4 million.

Allen has more than 18 years of experience in the financial services industry and specializes in wealth management for high net worth clients.

He began his career as a financial advisor at Prudential Securities and later joined Wiley Bros-Aintree Capital as a vice president of investments.

Schadel joined Allen’s practice in September 2010 as a financial advisor at Wiley Bros-Aintree Capital, having previously served as branch manager and senior credit manager at Wells Fargo.

Meanwhile, Heather Beckwith joined Allen and Schadel, a client services manager. Beckwith spent the past eight years at Raymond James’ corporate headquarters, working in various roles including compliance advisor, supervisor of a fee-based platform and transition consultant.

US Bank Wealth Management appointed Roger Redmond as a vice president and senior portfolio manager for its high net worth Private Client Reserve unit in Denver, CO.

Redmond previously worked at Marquette Asset Management in Minneapolis, MN, where he was a senior vice president of investments. Before that, he was a vice president and senior investment manager at Wells Fargo Private Bank, also in Minneapolis.

Overall, he has 30 years of experience in the financial services industry, with particular expertise in macroeconomics, global markets, mergers and acquisitions and corporate finance.

Dynasty Financial Partners added the newly-formed Cable Hill Partners – comprised of individuals who are latterly of Merrill Lynch - to its wealth management and technology platform as an independent RIA.

Financial advisors and founding partners David Christian, Jeffrey Krum and Brian Hefele; registered senior client associates Kendra Biller and Amanda Peters; and client service associate Melissa Rennie all joined Cable Hill Partners from the Portland, OR, office of Merrill Lynch.

The three advisors collectively advise on some $700 million in client assets.

Christian, managing director, began his career in the financial services industry with Merrill Lynch in 1998. He is a leader of the financial planning effort at Cable Hill Partners and also sits on the investment committee.

Krum has over 30 years of investment industry experience and leads the investment committee. Prior to co-founding the firm, he spent the duration of his career thus far at Merrill Lynch.

Meanwhile, Hefele has over 19 years of experience advising and managing client relationships and investment portfolios at Merrill.

Biller, a relationship manager, has been in the investment advisory and management industry for over 15 years, the last 13 of which he spent at Merrill.

Peters, also a relationship manager, has over ten years of experience working with wealth management clients. She has a leadership role in the firm's client service execution.

Lastly, Rennie, a client service associate, is responsible for supporting the Cable Hill Partners advisors and overseeing/managing various administrative functions for the firm.

Withers Consulting Group expanded its US team with the addition of David Burleigh as a consultant in Cincinnati, OH.

Burleigh has nearly 20 years of experience advising families and their enterprises. He has worked in the areas of succession planning and strategic business planning, represented numerous families and family businesses in dispute resolution, and assisted families in relation to their philanthropic activities. He continues his legal practice while also serving a separate group of consulting clients.

International firm BTG Pactual appointed José Antonio Blanco – latterly head of Citibank’s Lima office - as general manager for Peru.

Blanco will lead BTG Pactual’s growth strategy in Peru, where the bank currently provides investment banking, asset management, wealth management and sales and trading services. Blanco worked at Citibank del Peru for 20 years and was general manager for the past three years.

The move comes after the bank launched a broker-dealer business in Mexico last month, with the intention of offering asset and wealth management services in the country at a later stage. The firm already has a presence in Brazil, Chile and Colombia.

A new executive vice president was appointed at Capital G Bank’s wealth management division in Bermuda, as the firm plans to grow its international footprint.

At the firm, a subsidiary of Clarien Group, Paul Finn takes responsibility for its wealth management arm, furthering its capabilities for private clients, families, family offices and senior advisors in Bermuda and worldwide.

In this newly-created role, he reports to Zoran Fotak, co-chief executive of Capital G Bank.

As well as growing its global coverage, Finn will be involved in the recruitment, mentoring and development of wealth management talent.

Finn ends his spell as an independent wealth advisor for multi-generational and global families to join the firm.

He previously served as the managing director and division head of international wealth management at BNY Mellon for 12 years, developing the business in Asia, Latin America, Europe and the Middle East. As well as this, he has held senior positions at Coutts & Co and JP Morgan.

New York-listed Goldman Sachs added Peter Oppenheimer – chief financial officer at Apple - as an independent director of the firm, effective immediately.

Oppenheimer’s appointment expands Goldman's board to 13 directors, 10 of whom are independent directors. Oppenheimer will be a member of the firm’s audit, risk, compensation and corporate governance, nominating and public responsibilities committees.

Oppenheimer is senior vice president and CFO of Apple, the designer and manufacturer of electronic devices and related software services. Before being named CFO of Apple, he was senior vice president and corporate controller between 2002 and 2004. From 1996 to 2002, he served first as senior director of finance and controller for the Americas, followed by stints as vice president and controller of worldwide sales and then vice president and corporate controller.

Prior to joining Apple, Oppenheimer was a divisional CFO at Automatic Data Processing, a provider of human capital management and computing solutions. Earlier still, he was a consultant within the information technology practice at Coopers & Lybrand.

BNY Mellon appointed Frank La Salla as chief executive of its alternative investment services business, taking over from Samir Pandiri, who has held the role over the last two years.

La Salla was most recently managing director at Pershing, responsible for all the firm’s business outside of US. In his new post, he will be based in New York and oversee a team of some 2,000 AIS professionals globally.

Before BNY Mellon's acquisition of Pershing in 2003, La Salla was president and chief operating officer of BNY Clearing Services. Prior to that, he was managing director and COO at Societe Generale Securities in the US.

Alongside his new role, he remains on the board of Pershing in the UK and continue to represent BNY Mellon on the board of directors of Euroclear PLC and Euroclear SA.

Based in New York, Wylie leads and develops the firm’s North American distribution and client servicing business, reporting to Helena Morrissey, chief executive of Newton Investment Management.
UK-based Waverton Investment Management named Andrew Vaughan-Payne as US sales director, while the firm flags the US as a “target market.”

Based in London, Vaughan-Payne works with the global portfolio management team to develop opportunities for private clients, trusts, charities and specialist mandates in the US.

Vaughan-Payne joins Waverton from Lazard in London, where he was director of US equities and covered UK and European clients. He spent 16 years in institutional equity sales at firms including Smith Barney and Morgan Stanley.

Turner Investments, the Berwyn, PA-headquartered, employee-owned investment firm, hired Peter Niedland as a global equity analyst on its growth equity investment team.

Niedland conducts fundamental analysis of consumer sector companies in all capitalization ranges to generate investment ideas for the firm’s growth, global/international, and long/short separately managed accounts and mutual funds.

He has 21 years of investment experience as an analyst and portfolio manager, focused on small-cap growth and micro-cap growth investing. He previously worked at Emerald Advisers, NS Investment Partners and Pilgrim Baxter.

Rothstein Kass recruited Kevin Goldstein as a director within the business advisory services practice at its New York City office.

With more than two decades of experience developing strategic planning, business development and technology solutions for financial institutions, Goldstein advises clients - including hedge funds, funds of funds, mutual funds, private equity managers, broker-dealers, RIAs and family offices - on matters such as business strategy, product development, infrastructure and technology.

Prior to joining Rothstein Kass, Goldstein was co-founder and chief executive of Auxia Partners, a provider of virtual and cloud technology solutions primarily to alternative investments firms.

Previously, he was a partner and global head of strategy and business development for technology consulting firm NorthPoint Solutions, where he developed and managed the financial services practice, with a focus on alternative asset managers. Goldstein also held a senior position in institutional fixed income sales and trading at Citicorp Securities.

Asia-Pacific

Australia

ANZ hired ex-Fairfax publisher Amanda Gome to assume the newly-created role of group head of strategic content and digital media effective 11 March 2014. She reports to Paul Edwards, the group general manager for corporate communications.

AMP Limited announced the retirement of Peter Mason as chairman after eight years in the role. Mason will be replaced by Simon McKeon, who officially assumes the role in May 2014. McKeon joined the AMP board in 2013. The firm also noted Rick Allert's retirement from the boards of AMP Limited and AMP Bank Limited, having reached the end of his three-year term. Trevor Matthews, previously the executive director and chairman of developed markets for Aviva in London, also joined the board as non-executive director.

Citi appointed Deirdre Worth as head of banking and wealth management products for its consumer bank in Asia. She joined the firm in 2012 as head of investments, treasury and wealth advisory, which includes responsibility for Citi Australia's wealth specialists, treasury services and investment products. She reports to Julian Potter, the Australia consumer banking head.

Westpac named chief financial officer Phil Coffey to the newly-created role of deputy chief executive with effect from 1 April 2014. Peter King, who served as deputy CFO since 2011, succeeded Coffey on the same date.

Global consulting firm Towers Watson added three investment specialists to its Australia team. Felicity Walsh joined as investment consultant in the Sydney office, Alex Misev re-joined the company as a private markets consultant, while Harrison Lane stepped in as graduate investment analyst. Walsh served for ten years as a senior actuarial consultant at the company's UK Office, while Misev spent almost a year as portfolio manager at Aberdeen Asset Management in the Netherlands.

Kapstream Capital, the Australian fixed income investment management firm, hired former T Rowe Price executive James Bloom to lead its investor relations team.

Global fund manager IFM Investors announced that starting May 2014 Dan Vandem Boom will join the firm as director for business development, based in Melbourne. In this role, he reports to Eddy Schipper, executive director of business development, who moved to Japan at the start of the year to build IFM's Asia offering.

Nikko Asset Management named industry veteran Al Clark to the newly-created role of global head of multi-asset. Clark joined the Sydney office from Schroder Investment Management in Singapore. He reports to Yu-Ming Wang, the global head of investment and chief investment officer, international, based in Tokyo.

ClearView Wealth appointed Kathryn Williamson as state manager for the New South Wales and Australian Capital Territory. She previously served as a financial planner at Commonwealth Bank of Australia and ANZ. Also appointed were Kim McDonald as practice development manager in Victoria, from Financial Services Partners, and Jenny Psathas as operations manager, from ANZ Global Wealth. ClearView Wealth is not connected to WealthBriefing Asia publisher ClearView Financial Media.

Tyndall Asset Management announced the retirement of Bob Van Munster as head of Australian equities effective September 2014, after almost 40 years in the industry. He will be replaced by Brad Potter, who assumes his new role beginning 1 June. Van Munster will remain for a further three months then to ensure a smooth transition. Warwick Cumming continues in his role as deputy head.

Australian investment management firm Dalton Nicol Reid named Robert White as head of distribution and chief executive following the resignation of its co-founder in January 2014. White joined the company from JBWere Private Wealth Management, where he was head of advice. He took over from Justine Hickey, chairman of the firm's corporate advisory committee, who became the acting CEO since Harley Dalton, the co-founder, resigned from his post after 12 years in the role

JP Morgan Asset Management appointed Stephen Alcorn as head of its Australian institutional business. Alcorn was previously the head of institutional at Australian Investments. In this new role, he reports to Rachel Farrell, the Singapore-based head of sovereign and institutional for South East Asia, Australia and New Zealand.

Joe Hockey, the Treasurer of the Commonwealth of Australia, named four internationally renowned financial services executives to the advisory panel of the Financial System Inquiry. These include Sir Michael Hintze, founder and chief executive of global multi-strategy asset management firm CQS, David Morgan AO, head of the private equity group at JC Flowers in Europe and Asia-Pacific, Jennifer Nason, global chairman of technology, media and telecom investment banking at JP Morgan Chase, and Andrew Sheng, a well-known former central banker and financial regulator in Asia and ex-president of the Fung Global Institute. Hintze and Morgan are based in London, Nason in New York and Sheng in Hong Kong.

Northern Trust appointed Peter Jordan as the chief administration officer for global fund services based in Melbourne. Jordan relocated from London in early 2014 and is now responsible for the firm's asset servicing offerings for investment managers and fund companies. He reports to Peter Cherecwich, the head of global fund services, and Rohan Singh, country head of Australia and New Zealand. Jordan has been with the company since 1992.

China

US investment and advisory firm BlackRock named Helen Zhu as managing director and head of China equities effective 7 April 2014. Zhu joined the firm after eight years at Goldman Sachs, where she was the managing director and chief China equity strategist. In her new role, she reports to Andrew Swan, head of Asian equities.

Lyxor Asset Management, a subsidiary of Societe Generale, appointed Alexandre Werno as executive vice general manager of Fortune SG Fund Management with effect from 24 March 2014. He replaced Gilbert Tse, who was named head of Lyxor Asia on the same month. Werno was previously a senior advisor to the general manager at Fortune SG. Fortune is a joint venture between China Baosteel's Fortune Investment and Lyxor AM.

Hong Kong

The Securities and Futures Commission of Hong Kong re-appointed Alexa Lam as its deputy chief to serve another year.

Morgan Stanley named Gokul Laroia as its new co-chief executive for Asia-Pacific to replace William Strong, who is retiring in May 2014. Laroia adds this new designation to his current duties as head of the institutional equites and private wealth management business in Asia (including Japan). He will partner with Wei Sun Christianson, who is also the China CEO.

BEA Union Investment Management, a subsidiary of Bank of East Asia, has announced a string of appointments that include the naming of Henry Chan Yue-Hung as its new chief investment officer. Yue-Hung took over from Elke Schoeppl-Jost who left in late 2013 to become CIO at Detusche Asset & Wealth Management. The company also announced the February 2014 promotion of Pheona Tsang as head of fixed income, to replace Henry Wong who left to "pursue other opportunities" after six years with the company. Simone Loke, head of global equities portfolios, relocated from Canada to Hong Kong to assume his new role of senior portfolio manager.

BNY Mellon named Gregory Roath as its new head for the Asia-Pacific global client management business. Roath replaced Eleni Wang, who was appointed Asia-Pacific head of investment services in 2013. His old post was assumed by Neil Atkinson, who moved to Hong Kong from the London office in 2011 to become the head of product development and strategy in Asia-Pacific.

Hang Seng Bank appointed Kenneth Ng, then the general counsel at Asia-Pacific at HSBC, as a non-executive director. His appointment as a non-executive director will be for three years, expiring at the end of the bank’s annual general meeting in 2017. There is no service contract signed between the Bank and Ng.

San Francisco-based Matthews Asia named Andy Rothman to the new position of investment strategist to focus on opportunities in China. Rothman will represent the firm in China and other parts of the Asian region and will also act as spokesperson for the company. He was previously a China macroeconomics strategist at CLSA.

Manulife appointed three senior executives in Hong Kong. These include Ivan Chan as assistant vice-president for business development and individual financial products, Kenneth Luk as AVP for marketing and customer service at Manulife Hong Kong, and Martin Lau as AVP, Greater China Development at Manulife Asia -- a newly created role.

Berwin Leighton Paisner, the international law firm, named Nigel Ward as partner to its Hong Kong finance practice. He previously served as finance partner at Norton Rose Fulbright in Beijing.

Neha Bakshi, the head of private banking and retail solutions for Asia at Deutsche Bank in Hong Kong, had left the company. The German bank declined to comment on the matter.

Bank J Safra Sarasin, the Swiss private bank with an extensive Asian presence, named industry luminary Yelandur Nagendra to the newly-created role of deputy chief executive for Asia. He was previously the managing director, global of India sub-continent, Middle East and Africa for Bank of Singapore. He now reports to Enid Yip, CEO for Asia. The bank also appointed Ken Leung as branch manager for Hong Kong. Leung joined the company in 2006 as vice president for business development and then became country control officer for North Asia in 2009. He has served as deputy branch manager since March 2010. He reports also to Yip.

RBC Wealth Management in Hong Kong expanded its regional management team with the hire of Michael Yong Haron as managing director and head of RBC Wealth Management in North Asia. Haron brings nearly 20 years of industry experience to the role, most recently as managing director at Credit Suisse in Hong Kong, where he has worked since 2004.

International law firm Latham & Watkins promoted two of its counsels to partner in Singapore and Hong Kong. Posit Laohaphan and Andrew Roche took a senior role in Hong Kong and Singapore, respectively. The appointments are part of a series of counsel promotions across the firm's other global offices in the US and Europe in the first quarter of 2014.

French asset manager Le Francaise expanded its Asian presence with the appointment of Guillaume Dhamelincourt as head of sales. He assumed this key role after working at JK Capital Management, the Asian value equities firm where La Francaise has held a minority stake since 2010. Dhamelincourt joined JK Capital in 2011 from HSBC Specialist Partners.

Private bank Coutts confirmed that Chris Wong had joined the company as executive director for the Hong Kong market. Wong was previously the head of high net worth client relationships in Hong Kong at JP Morgan. He now reports to Danny Chung, managing director and team leader of the Hong Kong market.

Mark Evans, a senior JP Morgan private banker based in Hong Kong, left the US-headquartered bank. JP Morgan had declined to comment on the matter.

UBS Global Asset Management strengthened its Hong Kong and Taiwan teams with appointment of Monita Chon to the newly-created post of head of business development for Hong Kong and Taiwan. Chon, previously the head of institutional business development for North Asia at ING Investment Management, now reports to Kai Sotorp, the head of UBS Global AM in Hong Kong. This new position combines the Hong Kong institutional and Taiwan institutional teams into one. Previously, Mei Yin Leong was responsible for the Taiwan group from Singapore, while Urs Raebsamen covered Hong Kong. Chon and Michael Chen, who joined UBS in January 2014 from Invesco, run the team from Hong Kong. Raebsamen is now a senior equity strategist based in Hong Kong.

Canadian financial services group Manulife announced a number of promotions at its Hong Kong office. William Lo was named regional director after having been with the firm since 1989. Promotions were also given to Gary Choy, Jolly Wong, Shelina Cheung, Steven Wong and Windy Chan, who have been appointed as senior district directors. Bring Soong, Candy Leung, Eddie Law, Gigi So, Henry Chow, Ken Chan, Unol Chan and Yvonne Lo were named as district directors.

Deutsche Bank, the German banking giant, named former Standard Chartered executive Evan Goldstein to the newly-created post of global head of Renminbi services. He reports jointly to Michael Ormaechea, the co-head of corporate banking and securities for Asia-Pacific, and Lisa Robins, the Asia-Pacific head of global transaction banking. He is based in Hong Kong.

Japan

Securities-focused specialist advisory firm AlfaSec Advisors expanded its branch network with a new Tokyo office and named Kyoichi Murakawa as chief representative for Japan. Prior to this, AlfaSec's offices were located only in Hong Kong and Singapore. Murakawa previously held positions at Clearstream Banking Japan, Deutsche Bank and Brown Brothers Harriman.

Singapore

Raymond Ang took over from Peter Kok as regional market manager for Singapore at UBS. Ang joined the Swiss bank in 2012. Separately, the firm also announced that the country team for Malaysia and financial intermediaries Asia-Pacific now report to Andreas Reber, regional market manager for India, Indochina, Philippines and Global Investor Asia-Pacific.

Sanjeev Sharma joined Bank of Singapore as executive director and team head. Based in Hong Kong, Sharma reports to Edward Chow, who is the market head of a team that serves clients domiciled primarily in Hong Kong, including Chinese, International and non-resident Indians. The bank also confirmed that Nikhil Advani was appointed as market head for Southeast Asia, to lead the NRI team based out of Singapore.

Falcon Group, a single family office based in Zurich, Dubai and Buenos Aires, announced the appointment of Mark Prendiville to its Singapore office. Prendiville used to be the Singapore head of institutional sales at Julius Baer. Falcon Group is not, as far as this publication is aware, connected to Falcon Private Bank, nor the US-based firm Falcon Investment Advisors.

Western Asset Management strengthened its emerging markets team with the appointment of Chia-Liang Lian as co-head of the emerging markets debt team, alongside Keith Gardner, who intends to retire in April 2016. Lian joined the company in 2011 to lead the Asia ex-Japan investment team. The company also promoted Desmond Soon, one of the Singapore investment team members, to co-head of investment management, Asia, also effective April 2014.

Fullerton Fund Management announced three senior appointments to its equity investment team. Jason Zhu was named head of China equities, Ian McCallum joined as chief investment officer, while Craig Mitchell assumed the role of head of an Asia absolute return equity fund managed by the firm. The hires complement Fullerton's growth plans for 2014. Early in the year, the company announced that it is setting up an office in London and applying for a license from the Financial Conduct Authority. It also recently opened an office in Japan.

Standard Chartered has announced the official appointment of Neeraj Swaroop as chief executive of its bank in Singapore. Swaroop, who served as CEO for ASEAN excluding Singapore, responsible for StanChart’s franchise and operations in Australia, Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Thailand, and Vietnam, took over from Ray Ferguson. Ferguson left the UK-listed bank in February to join Arab Banking Corporation in Bahrain.

Mercer appointed Kulshaan Singh as head of sales for its businesses in Asia, India, Middle East, Turkey and Africa. Singh joined from Aon Hewitt, where he held a number of senior leadership capacities during his 13 years with the firm. He reports to Michelle Bottomley, chief sales and marketing officer, and Gaurav Garg, regional president for growth markets.

The v, the financial regulatory body of Singapore, announced several changes to its senior management ranks. Effective 31 March 2014, Foo-Yap Siew Hong retired from the role of assistant managing director for special projects after 39 years with the institution. Lee Chuan Teck, currently assistant managing director for capital markets, will be seconded to the Ministry of Transport as deputy secretary for land and corporate. Lee will be succeeded by Lee Boon Ngiap, who will relinquish his current position as assistant managing director for banking and insurance. He will then be replaced by current executive director for the banking department Chua Kim Leng. All these changes take effect 1 April.