People Moves
Summary Of Executive Moves In Global Wealth Management - July 2013

UK
Sanlam UK, part of financial services group Sanlam,
appointed Craig McPherson as a business development manager for
the north of
England as part of its regional expansion.
McPherson joined from Barclays Wealth & Investment
Management, where he was business development manager and
responsible for
redeveloping the bank's discretionary proposition for the IFA
market. Prior to
this, he worked at the AXA Group and also for Legal and General.
Sanlam also added Mike Middleton to its northern arm as a
financial planner, joining from Lloyds TSB Private Bank, where he
was a wealth
IFA. Before that, he worked at Abbey National and Robson Rhodes.
AXA Wealth hired Skandia's former head of proposition Graham
Bentley as interim head of fund group relations.
Bentley is responsible for delivering customer and
IFA-facing investment solutions and ensuring that AXA secures the
best possible
commercial terms for its investors.
Bentley was at Old Mutual and Skandia for over 12 years,
working in platform development and investment proposition roles.
Before this,
he worked for M&G and Henderson.
GLG, the discretionary investment manager business of Man
Group – the world’s largest hedge fund business – appointed James
Ind to its
macro and relative value team. He previously worked at Russell
Investments.
In his new role, Ind helps to manage a total return
strategy, which aims to create and enhance long term wealth by
investing across
a range of different asset classes within a strict risk
framework.
Momentum Global Investment Management, the UK-based
business, added Mark Skinner to Momentum’s UK advisory board.
Skinner, with more than 30 years' experience in the asset
management sector, previously served as director of AMC search at
KL
Communications. Before that, he was managing director at Newstar,
as well as
holding a number of positions at various firms including Norwich
Union, Baring
Asset Management and Steve & Prosper.
Standard Life Investments named Neil Odom-Haslett as its
head of commercial real estate lending.
Odom-Haslett spearheads the firm's entry into the market in
the UK and is based in London. He joins from Deutsche Pfandbrief
Bank and
reports to David Paine, head of real estate investments.
UK-based wealth
manager HFM Columbus recruited Paul Jones, a former senior
private client
adviser with Clydesdale bank. He brings client assets worth some
£100 million
($150 million) to the firm, it said.
Epoch Wealth Management, a firm based in the western part of
the UK, appointed former charity boss Richard Barrington as chief
operating
officer.
Barrington joined Epoch from the West of England Sport Trust
where, as COO he was responsible for the trust's charity, which
was established
by Sport England to promote participation in sport across the
region.
RBC Wealth Management hired Mike Moodie for the newly
created post of vice president and managing director, ultra high
net worth, RBC
Wealth Management - British Isles and Caribbean.
Moodie, who has previously held the role of head of RBC
Wealth Management for the UK and worked at RBC for over 28 years,
works with,
and reports jointly to, Paul Patterson, deputy chairman, UHNW,
RBC Wealth
Management as well as Stuart Rutledge, head, RBC Wealth
Management - British
Isles and Caribbean.
In his new role, he helps to lead the coordination and
servicing of UHNW clients based in the British Isles and
Caribbean.
Kleinwort Benson, the London-headquartered wealth manager,
recruited Fadi Zaher as head of bonds and currencies within its
fixed income
team.
In his new role, Zaher is responsible for the bonds and
currencies strategy, working alongside chief investment officer
Mouhammed
Choukeir.
Deutsche Asset & Wealth Management, the wealth arm of
German banking giant Deutsche Bank, appointed Mitch Matharu as
head of
strategic lending, reporting to Balaji Prasanna, head of loan and
deposit
products.
Based in London, Matharu works with the business' regional
lending teams to structure loans that require customisation to
clients' needs
and cross-border execution.
Canadian-headquartered firm Canaccord Genuity Wealth
Management hired Stephen Massey as its new head of UK wealth
management,
reporting to chief executive Neil Drake.
Massey is responsible for the UK-based private client teams,
including portfolio managers, wealth advisors, financial
planners, paraplanners
and tax specialists.
Kinetic Partners, an international professional services
firm for the asset management industry, appointed Gary Ashford to
its global
tax team, based in its London office.
Ashford joined Kinetic Partners from RSM Tenon, where he was
a partner and national head of tax investigations and dispute
resolution,
building his reputation as a leading offshore tax risk and
investigation
expert. Ashford, with more than 25 years of experience in the tax
industry, has
held roles with Grant Thornton, Ernst & Young and HM Revenue &
Customs.
First Names Group, previously the international division of
IFG Group, recruited Gary Hepburn as managing director of its
Isle of Man trust
and corporate business.
Hepburn has been promoted to the role from client service
director, a position he held for nine years.
UK-listed Jupiter named James Clunie as manager of the
Jupiter Absolute Return Fund, with effect from 1 September.
Clunie, who joined Jupiter earlier this month, will take
over the £482 million (around $727 million) fund from Philip
Gibbs, who will be
retiring from his current fund management role at Jupiter in
October 2014.
Kleinwort Benson, the London-headquartered wealth manager,
hired former Macquarie managing director Marc Thatcher as a
director of its
principal investments and advisory business.
Thatcher had been a managing director at Macquarie since
2008, having previously worked for Davidson Kempner Capital
Management and
Rothschild.
Thatcher now reports to Nigel Spray, Kleinwort’s managing
director of principal investments and advisory, this being a
business segment
which advises clients on business development, including raising
debt, equity
or partnering with co-investors.
RBC Wealth Management recruited Daniel Ellis as head of
investments for the British Isles.
Ellis joined from HSBC Private Bank, where he most recently
served as managing director and head of the private bank’s
investment group for
the UK and Channel Islands – a role which saw him run £12 billion
($18.1
billion) in client assets. Before that, he was based in Geneva as
HSBC’s head
of structured products and before joining the bank in 2001 he
worked for
Fleming and Lloyds TSB in Jersey.
Baring Asset Management, the London-headquartered investment
house which is part of MassMutual Financial Group, appointed
Claire Fraser as
head of marketing and communications.
Fraser has been at Barings since October 2010, having joined
as head of EMEA marketing before being promoted to the global
role of head of
distribution marketing. Before that, she was associate director,
channel
marketing at Insight Investment, having previously held senior
marketing roles
at Charles Stanley & Co and HSBC Asset Management.
Based in London and reporting to David Brennan, chairman and
chief executive of Barings, in her new role, Fraser is
responsible for marketing
Barings’ range of pooled and segregated products across all
channels globally
as well as having oversight of the media relations and corporate
communications
functions.
Aviva Investors, the global asset management business of
Aviva, named Liam Spillane as its new emerging market debt
currency portfolio
manager. Based in London, he reports to Daniel James, head of
global markets.
In his new role, Spillane is responsible for generating
qualitative input into the currency overlay process for Aviva
Investors’ local
currency strategies.
Third Financial Software, the UK wealth management software
vendor, hired Roland Jones as its sales director.
He previously served as Odyssey's regional director for the
UK and Channel Islands. More recently,
Jones was the head of the energy risk division at Financial
Objects and
Temenos.
Charles Stanley bolstered its Birmingham office with three
new hires to its financial planning division.
Nigel Goodhand joined from The Royal Bank of Scotland Group,
where he specialised in advising high net worth clients in
investment planning
and family protection.
Prithpal Saimbi joined the financial planning private client
team as a senior paraplanner. He previously worked at Clay Rogers
&
Partners and before this he was at RSM Tenon.
They are joined by Joe Fletcher, who is doing a year’s
internship from Sheffield Hallam University, where he is reading
International
Finance and Economics.
Butterfield Private Bank appointed James Mcneill and
Nicholas Rilley to the newly-created role of investment managers
in its
London-based asset management team.
McNeill joined from Vintage Asset Management and Rilley from
Prospect Wealth Management.
iShares recruited Tom Fekete as head of product development
in Europe, the Middle East and Africa. Fekete is based in London
and reports to
Joe Linhares, head of iShares EMEA.
He joined from Barclays Wealth, where he was EMEA head of
investment products and global head of foreign exchange advisory.
JP Morgan Asset Management appointed Nicholas Roberts as
portfolio
manager for JPM Fusion Funds. He reports to Tony Lanning, lead
fund manager for
Fusion.
Majedie Asset Management hired Richard Staveley as a fund
manager on its UK Equity Fund.
Staveley joined from River and Mercantile, where he was
responsible for running its UK Equity Smaller Companies and UK
Equity Income
funds.
Pictet Asset Management appointed Eric Borremans as
sustainability expert.
Borremans replaces Christoph Butz, who will now focus solely
on running the Pictet-Timber Fund, which is co-managed by Gabriel
Micheli.
Aviva Investors named Abigail Herron as head of engagement
within its responsible investment team.
Herron leads and support Aviva Investors’ fund manager
engagement with senior management across all holdings and asset
classes.
Raymond James Financial appointed chief executive of Raymond
James Investment Services Peter Moores to the role of UK country
manager.
Moores retains his position with RJIS and oversees all of
Raymond James' businesses in the UK, including wealth management
and capital
markets. He is also responsible for the growth and coordination
of all UK
business units.
Philip Lawlor will return to Smith & Williamson this
autumn. Lawlor will re-join Smith & Williamson to take up the
role of group
strategist, with effect from 7 October.
Man Group appointed Andrew Horton as a
non-executive director.
Horton has been on the board of Beazley since 2003, first as
group finance director and currently as chief executive. Before
this, he held
various financial positions within ING, NatWest and Lloyds bank.
Pioneer Investments appointed Yerlan Syzdykov to head of
emerging markets, bond and high yield.
Syzdykov remains lead portfolio manager for Pioneer
Investments’ emerging market debt fund and has overall
performance
responsibility for all emerging markets and euro high yield
investment
strategies.
Smith & Williamson appointed Juliet McDonald as an
associate director - marketing, to the firm’s sales and marketing
team.
She joins Smith & Williamson from Liontrust Asset
Management, where she was the firm’s senior marketing manager.
RBC Wealth Management brought in Juan Pablo Cortes from UBS
Wealth Management as a director, Americas, based within the
firm’s London-based
UK private client wealth management team.
Cortes works with internal teams and external advisors to
provide wealth management services to Latin American and Iberian
high and ultra
high net worth clients resident in the UK or overseas. He reports
to Martin
Heale, head of Americas, private client wealth management.
Towry appointed Martin Briggs to join its team, serving
clients in the South Wales region.
Briggs, with more than 30 years’ experience in the financial
services industry, has been running his own financial advisory
practice in
Cardiff for the past 20 years.
Based in its Bristol office Briggs serves Towry’s clients in
Cardiff and the surrounding area.
Europe
Hamburg-based private bank Berenberg appointed Hans Wöll as
manager of its Munich
branch.
He joined
from Hauck & Aufhäuser, where he was head of private and
corporate
business.
Gazprombank, the Russian bank, appointed Rustam Mursalimov as an
equity
portfolio manager at its Gazprombank Asset Management arm,
holding the position
of director.
Mursalimov was previously an equity portfolio manager at DEKA
Asset
Management in Germany and
responsible for its investments in Russia,
Turkey, and Eastern Europe
within DEKA’s emerging Europe team.
European
investment manager Avoca Capital Holdings appointed Lord James
Blyth to the
board as a non-executive director.
Before
joining Avoca, Lord Blyth was chairman of Diageo, a position he
held for eight
years to June 2008. Prior to this he was chief executive and then
chairman of
The Boots Company.
The
Chartered Financial Analyst Institute appointed Kate Lander as
head of
education for the Europe, Middle East and Africa region,
recruiting her from
Northern Trust in London.
Lander
replaced Ed Bace, who left the Institute earlier this year.
Paris-headquartered Societe
Generale Private Banking Hambros hired David Greenwood as a
private banker to
its Cambridge
team.
Prior to
joining Societe Generale, Greenwood
worked as an IFA for a year. Earlier in his career he was
employed by HSBC
until 2006, after which he ran his own wealth management business
in Italy for four
years.
Societe Generale Private Banking appointed Olivier Gérard
as head of portfolio management solutions and strategy and
asset
expertise, replacing Stéphane Wathier.
In his new Luxembourg-based role, Gérard oversees the
bank's portfolio management activities as well as the services
and
recommendations provided by the strategy and asset expertise
teams.
Azimut Wealth Management appointed four private bankers to
its team in Milan,
led by Paolo Martini.
The new
managers are Lorenzo Lamberti Scagliano, Cristiano Esclapon and
Dario Giudici
and Paolo Dameno Rota.
Mirabaud
Asset Management appointed Alexandre Mignot to its external
distribution team
in Paris,
taking up the post on 19 August.
Alexandre
Mignot will join a team responsible for selling funds and
management mandates,
working with Thibault Amand, head of institutional sales.
London-based Henderson
Global Investors appointed Roman
Loebsch to join its Austrian team.
Loebsch
joined Henderson
from Conwert Immobilien Invest, where he was responsible for
commercial real
estate transactions. Before that, he spent six years working in
Hamburg with MM
Warburg's property subsidiary HIH Global Invest.
Roberto
Citarella joined Global Asset
Management as managing director of the firm’s team in
Italy.
Citarella reports to the chief executive officer of HSBC
GAM, Matteo Pardi, along with being in charge of Italian and
Swiss wholesale
clients.
Verno
Capital, a specialist fund manager focused on Russia and the CIS,
added three
senior players to its investment team.
Natalia
Zagvozdina joined as head of research for the firms bottom-up
investment
process, covering consumer and financial stocks.
She
previously worked as the head of Russian equity research at
Renaissance Capital
Zagvozdina.
Tom Adshead manages
Verno’s long-short and long-only equity strategies in his role as
portfolio
manager.
Adshead
began his career with the EBRD and CSFB in Moscow, and prior to
joining Verno, he held
senior buy-side roles as a portfolio manager and head of
research.
Fixed income
manager Elena Kolchina joined the firm in order to launch and
manage its new
debt fund. Prior to this, she ran the Russian fixed income fund
at Renaissance
Asset Managers from 2006 to 2013.
The French
global equity giant Amundi appointed Christopher Crystal as head
of
distribution in the Nordic region.
The
recruitment follows the establishment of the firms’
representative office in Sweden in March
this year, with Bjorn Sandberg named as head of ETF client
relationships.
Middle
East
Dubai Islamic Bank promoted Abdulla Al Hamli as managing
director and board member for the bank, while Dr Adnan Chilwan
will take on Al
Hamli’s duties as the bank’s new chief executive.
Al Hamli
served as CEO for DIB since 2008 and Dr Chilwan has been DIB’s
deputy
chief CEO since 2008.
Coutts, the UK
private bank, appointed Mark McFarland to the newly-created role
of executive
director and global chief economist, based in Hong Kong.
Before this,
McFarland worked at Emirates NBD, where he was chief investment
strategist and
head of the wealth management investment strategy unit.
Switzerland
Rothschild
Wealth Management appointed Markus Gähwiler and Martin Troxler as
client
advisors on its Swiss team, which is headed by Aitor Garcia.
Based in Zurich, Troxler
will concentrate on the Mittelland region and Bern
in particular, while Gähwiler will focus on eastern Switzerland.
Zurich-listed
Credit Suisse appointed Urs Zulauf to develop its tax compliance
strategy.
Zulauf will
join the bank on 1 February next year, reporting to Romeo
Cerutti, general
counsel, and Hans-Ulrich Meister, joint head private banking and
wealth
management and CEO for Region Switzerland.
Swiss-headquartered
Mirabaud Asset Management appointed Simon Götschmann to its Swiss
equity team
in Zurich.
Götschmann
joined Mirabaud from Helvea, where he served as an analyst
covering Swiss
equities and medical technology.
International
Deutsche Bank bolstered its recently re-established trust
administration centre in the Cayman Islands
with the appointment of Stuart Bray to head up the new team.
Bray
transferred from within the Deutsche Bank Group and has over 16
years’
experience in the private client trust and company arena.
The Cayman
office of the offshore law firm Appleby appointed investment
funds specialists
Jonathan Bernstein and Andrew Harding to its funds and investment
services
team.
Bernstein is
a senior associate at Appleby and previously worked for Ogier.
Harding is
an associate at Appleby and joined from Appleby’s Isle of
Man office, where he has been advising on funds and
investment
services for over eight years.
KBL European Private Bankers appointed Jonathan Grosvenor as
general manager, global
financial markets, based in Luxembourg.
A financial services professional with more than 25 years'
experience,
Grosvenor most recently served as the Hong Kong-based managing
director, head
of corporate clients, at BBVA. He also spent over a decade at
WestLB, most
recently as joint head of global financial markets Asia, based in
Singapore.
Ernst & Young hired Mark Weinberger as its new global chairman
and
chief executive.
Weinberger previously served as the global and Americas head of
tax. He has been a
senior advisory partner for many of EY's largest clients and also
served on the
global markets executive and global public policy committees.
Before that,
Weinberger was the assistant secretary of the US Treasury - tax
policy - under
President Bush, and he was appointed to the US social security
advisory board
by President Bill Clinton.
London-based Thomas Miller Investment recruited Tom Richards as
director,
while he also continues his role as head of private investment
management,
offshore.
Richards joined Thomas Miller Investment in 2012 and is
currently
responsible for the firm's private offshore business, which
includes the
management of client assets and development of strategic
professional advisor
relationships.
Richards also sits on the investment strategy and private
investment
management portfolio review committees and heads the collectives
research team.
International law firm Withers appointed eight new partners
across the
firm’s international offices, while at the same time the firm,
which has its
oldest roots in the UK, has elected a US citizen as global
chairman for the
first time.
Withers Bergman, the name of the firm in the US, appointed Ivan
Sacks as
chairman; he succeeds Anthony Indaimo, who stepped down after
having served the
maximum two terms allowed under the firm's rules.
Prior to this week, Sacks was the US
regional senior partner and managing director of the firm’s New
York office. He is a private client
lawyer and trusted advisor to international and domestic families
of
significant wealth.
In the Asian offices, Stacey Devoy was made a partner for the
family law
team in Hong Kong; in Singapore,
Fernando Gandioli made partner for the tax and estate planning
team, while
Philip Munro was appointed to the funds, investment and business
tax team.
In the US, Chi-Yu Liang
is now a partner for the tax and estate planning team, New
York, while Shannon Smith Retzke has been appointed to the
tax
team in New Haven.
Lastly, Kate Landells is now a partner for the family law team in
London, while her
colleagues Stephen Richards and Ceri Vokes have joined the
contentious trusts
and succession team, and the funds, investment, trust and tax
team,
respectively.
Mayfair Capital Investment Management hired Nick Shepherd as
chairman of
the investors’ committee for Property Income Trust for Charities.
Formerly managing partner of Drivers Jonas and latterly vice
chairman of
Deloitte, Shepherd left Deloitte at the end of May to pursue a
number of
different interests and has had an involvement in the charitable
sector
throughout his career, advising on property strategy and
investment.
Law firm McDermott Will & Emery hired former senior Withers
lawyer Ziva
Robertson as a partner in its international private client
practice group,
based in London.
Robertson joined Withers in 2009, having previously led Mourant’s
Cayman
trust litigation practice. McDermott Will & Emery has more than
1,100
lawyers around the world and some 65 lawyers in its private
client segment.
Offshore law firm Carey Olsen promoted Andreas Kistler and David
Crosland
to partner, bringing the total number of partners across the
firm's offices in
the British Virgin Islands, Cape Town, Cayman Islands, Guernsey,
Jersey and
London to 40.
Jersey-based Kistler is the newest partner in the litigation
group and
Guernsey-based Crosland has been made up in the firm's corporate
group.
Kistler joined Carey Olsen in 2005 from the commercial
litigation
department of a major New
Zealand law firm. He spent several years
practising from Carey Olsen's London office
before moving to the Jersey office in 2011.
London-based Janus Capital International appointed Alan Glendon
as sales
director, UK financial
institutions for the firm’s EMEA business, based in London.
Glendon, with 15 years’ frontline experience, joined Janus from
Premier
Asset Management, where he was head of UK discretionary sales.
Before
that, he served as sales director at F&C Asset Management and
previously at
Investec Asset Management.
HSBC Global Asset Management hired former Investec Wealth and
Investment
employee, Henry Flather, as a discretionary wealth manager.
Prior to joining HSBC, Flather managed Investec's multi-asset
portfolios
for private clients, trusts, charities and pensions. Before that,
he served as
a financial management executive at RSM Tenon.
Barclays, the UK-headquartered banking group, appointed Tushar
Morzaria as
group finance director, after the current FD, Chris Lucas,
announced his
retirement in February 2013.
Morzaria joins Barclays’ executive committee, reporting to group
chief
executive Antony Jenkins. He will join the board as an executive
director, with
effect from 1 January 2014.
New York and Chicago-headquartered Guggenheim
Partners promoted Tyler Page to head of hedge fund solutions for
Europe, based
in London.
Up until now, Page had been working as global head of business
development
for Guggenheim Fund Solutions, leading marketing efforts
resulting in several
billion dollars of commitments to the Guggenheim hedge fund
managed account
platform.
UK-based Stenham Asset Management hired Damian Brannan as a
managing
director, heading the firm’s plans for capability growth.
Brannan has over 22 years’ investment experience and will be a
member of
Stenham’s Investment Advisory Committee. Prior to joining
Stenham, Brannan
worked as head of hedge fund advisory for the UK
and Asia, at Union Bancaire Privee.
HSBC has named George Crosby as president of HSBC Private
Bank
International, based in Miami, Florida,
and responsible for all activities covering the Latin American
markets in the US.
He reports to Marlon Young, head of HSBC global private banking for the Americas.
Crosby previously served as group head for Brazil
at HSBC Private Bank International, overseeing a team of bankers
in Miami and New
York. It is unclear at this stage if anyone will
replace Crosby as group head for Brazil.
New York-based investment bank Jefferies International made bond
manager
Avtandil Gigineishvili its new head of asset management.
Avtandil Gigineishvili, who has been with the bank for almost two
decades,
replaces Adrian Hope after the latter stepped down from running
the US investment
bank’s asset management unit at the end of May.
As head of the international asset management division,
Gigineishvili is
based in London,
leading services to institutional investors, pension funds and
other investors
such as high net worth individuals.
The private banking arm of South African Nedbank appointed Andrew
Bates to
head of its Middle East and Asia operation.
Based in the UAE, Bates will join Mark Leale, regional manager of
the bank’s Dubai office.
Bates has been with the bank for over nine years, previously
overseeing the
launch of its UK office in London. With the move to Dubai, Bates
is taking
part in the bank’s international expansion plans into the private
client and
intermediary sectors.
He has over 20 years’ experience in the financial services
industry and
joined the bank from Lloyds TSB Bank in Miami,
where he was responsible for promoting banking and investment
services to
clients in South America.
Psigma Investment Management, the UK-based asset manager,
recruited Stewart
Howard and Chrissie Betts as business development managers for
its business
development team.
Howard, with seven years’ financial services experience, joined
Psigma from
Skandia, where he was responsible for protection marketing before
being
appointed as a business consultant, helping financial advisors
develop their
business propositions in the run-up to RDR. Howard was
responsible for
implementing investment processes and strategies in advisory
firms.
Betts joined Psigma from Punter Southall Financial Management,
where she
served since 2012 on her move back to the UK. At PSFM, she
focused on RDR
integration and management of PSFM’s marketing and communications
activities.
Gazprombank, the Russian bank, appointed Rustam Mursalimov as an
equity
portfolio manager at its Gazprombank Asset Management arm,
holding the position
of director.
Mursalimov was previously an equity portfolio manager at DEKA
Asset
Management in Germany and
responsible for its investments in Russia,
Turkey, and Eastern Europe
within DEKA’s emerging Europe team.
Asia Pacific
Christopher Todd Burgess was recruited by Swiss bank Pictet as a
managing
director in Hong Kong.
Burgess had previously worked as head global international and
EAM desk at
Julius Baer, the Swiss bank, and had also worked at Clariden Leu,
where he was
head of North Asia.
head for Korea, replacing Joe Shin, who has announced his decision to
retire. Chang joined the company in 2011 as head of equities, South
Korea. Prior to Barclays, he was with Deutsche Securities Korea as head
of GME and managing director.
new chief risk officer, taking over from Tobias Guldimann, who is taking
up the post of head of regulatory risk, corporate responsibility and
regulatory policy. Oechslin, who is currently chief risk officer of
Munich Re, will be appointed as a member of Credit Suisse’s executive
board and take his role on 1 January next year.
management firm, named David Krawitz as its new chief operating officer
effective 30 September 2013. Krawitz replaces Garry Townsend, who is
retiring on 31 December after 44 years in the industry. Krawitz joined
Allianz in 2004 after a long career at McKinsey in Australia and the US.
to the role of managing director, based in Hong Kong. Tan continues to
report to John Van Der Wielen, who has taken on wider responsibilities
within the Friends Life Group as the chief executive for both the
international and UK divisions.
chief executive of UBS Wealth, and Amy Lo, head of ultra high net worth,
Asia-Pacific, from managing directors to group managing directors.
Hitchner as president of the Asia-Pacific ex-Japan region. He took over
from David Ryan, who has retired from the post. Hitchner is now based in
Hong Kong and works with Mark Schwartz, chairman of Goldman Sachs
Asia-Pacific, and Masa Mochida, president of Goldman Sach
Khoon, a former DBS Group executive, as its new CEO and group managing
director at HLB, replacing Yvonne Chia who announced her resignation in
March. Tan began his career at DBS in 1981 before moving to other
companies, eventually rejoining the firm in 2010 as group executive for
consumer banking.
expanded its Asian investment team with the appointment of Albert Yeh as
managing director. Yeh assumes the newly-created Hong Kong-based post,
and is now working with Jane Claire, head of strategy and development,
product and marketing for the Asia-Pacific business, to whom he reports.
He previously served as managing director and chief operating officer
for Asia-Pacific iShares and Asia ex-Japan retail at BlackRock.
Maguire as chief economist for Asia-Pacific based in Hong Kong. Maguire
had been acting in this role since May 2013 after Paul Gruenwald moved
to Standard & Poor's Singapore.
Chen as market head for Greater China effective 1 October 2013. Chen
relocates from Singapore to Hong Kong for this role. She was previously
the head of the Greater China desk in the city-state.
member firm of international law firm Baker & McKenzie, elected Dawn
Quek to the firm's partnership, effective 1 July 2013. In this role,
she works closely with partner Allen Tan and senior tax consultant Peter
Tan to offer a range of tax advice to corporate, financial and private
clients in the city-state.
in private client practice, named eight new partners to its various
global offices, three of whom are in Asia. Now part of the company are
are Stacey Devoy as a member of the family law team in Hong Kong,
Fernando Gandioli for the tax and estate planning team in Singapore and
Philip Munro for the funds, investments and business tax team in
Singapore. The other new partners are based in London, New York and New
Haven.
institutional distribution arm with a senior appointment. Mark Speciale
assumed the newly-created role of head of institutional distribution for
Asia-Pacific. Based in Singapore, he reports to Alan Harden, chief
executive for BNY Mellon's Asia-Pacific investment management business,
and PeterPaul Pardi, the head of global distribution for investment
management based in London.
HSBC Private Bank’s Asia-Pacific team, Arjuna Mahendran, took up the
chief investment officer post at Dubai-headquartered Emirates NBD. The
move happened less than a month after Shayne Nelson, the former chief
executive at Standard Chartered Private Bank, also joined Emirates NBD.
including a move affecting the private bank. Peter Boyles, chief
executive of global private banking, was appointed group managing
director, effective from 1 October 2013. Simon Cooper was also named
group managing director and CEO of global commercial banking starting on
the same date. Cooper succeeds Alan Keir in this London based role.
Keir was named CEO of HSBC Bank and will continue to be based in London.
Keir replaces Brian Robertson, who will retire as group managing
director and CEO of HSBC Bank after 38 years. Mohammad Al Tuwaijri was
appointed deputy chairman and CEO of HSBC Middle East and North Africa,
also effective from 1 October. Al Tuwaijri will continue to be based in
Dubai and in his new role will report to Keir.
Hong Kong and Asia businesses. Arthur Bacci took the helm in Principal
International Hong Kong after serving as president and chief executive
of Principal Bank since 2007. Joining Bacci is Camill Cheung who was
named head of mutual fund sales and marketing at Principal Global
Investor (Asia). The two appointments follow the announcement that
Stanley Yip, CEO for the Hong Kong office is retiring as of the end of
June.
consultant for its wealth planning practice in Hong Kong. Michelle Chow
brings over 15 years of experience in corporate and charity law to this
post, where she will focus on issues relating to trusts, wealth planning
and philanthropy.
distribution and client management capabilities with a series of hires.
Scott Mclennan joined as senior relationship manager, Katharine Jackson
and Brent Finneran as relationship associates and Amanda Freeman as
investment services associate. All three report of Matthew Esler, head
of distribution.
firm, expanded its Asian markets team with the appointment of Rupert
Street as head based out of the Hong Kong office. Street brings over two
decades of financial markets and Asian investment experience, which
includes managing his own hedge fund, heading a family office and
serving as advisor to a number of Hong Kong-listed firms.
its board with the appointment of Kate Mulligan as non-executive
director. Mulligan was previously a managing director a Ventura/All Star
Funds Management and stepped down from this role in September 2012
after Centrepoint Alliance assumed ownership.
Mutual Wealth, announced the appointments of Jammine Soh and Huw Wedlock
as sales managers. Soh, previously from Zurich International, will
focus on the domestic financial advisor distributor base. Wedlock,
currently a wealth management consultant at Skandia UK, will focus on
the company's key partner financial advisor accounts in the Asian
region. Both report to Chris Ivinson, head of sales for Skandia in
ASEAN.
business with the hire of Sandy Lim as its new executive director. She
was previously a director at the private banking team of UBS and in her
new role will be covering South East Asian markets.
stepped in as managing director, client advisory in Singapore. Low
joined from DBS Private Bank in Singapore, where she was a senior vice
president, team leader and senior client partner.
Royal Bank of Scotland Group, made two new additions to its Singapore
business. Clarrisa Mong was appointed as a director and joins one of
Coutts’ South East Asia private banking teams. She was previously with
ABN Amro Private Bank, covering the South East Asia market as an
investment consultant for seven years. Also newly-hired was Shirley Tee
as director, investment consultant for South Asia. Tee joined from UBS
Singapore, where she was a senior portfolio manager for Asian equity
management group, acquired a controlling stake in local wealth manager
Carnbrea & Co and named Fiona Rowland as head. Rowland will also
oversee Bennelong Foundation, the firm's charitable arm. She joins the
company after 12 years of holding senior roles at UBS, JBWere, ANZ and
law firm Minter Ellison.
its Asian wealth planning practice with two appointments for its
Singapore branch. Philip Munro and Fernando Gandioli join the Asian team
as partners; both have been working with the firm for the past few
years. Gandioli specialises in US and international tax and estate
planning for HNW individuals, trusts and estates, while Munro, a member
of the funds, investments and business tax team, focuses on estate
planning, tax issues for entrepreneurs and their families and fund
vehicles for private clients.
director and head of Hong Kong and China research and sales. In this
Hong Kong-based role, he is responsible for the bank's research and
sales efforts in China and Hong Kong. He also assumes the role of
regional head of oil and gas research, with primary responsibility for
China. He reports to Nicole Yuen, head of Greater China equities, with
additional reporting lines to Al Park, head of equities sales for
Asia-Pacific, and Ernest Fong, head of research for Asia ex-Japan.
accounting organisation that services private clients, hired two new
partners and three new directors to address its growing wealth
management client market. In Melbourne, Darryl Smith was made partner in
the business services area, while Andrew Lord was named wealth
management director. In Perth, Danny Buckley and Kirstin Stewart stepped
in as directors in the business services division. In Sydney, Todd
Gammel assumed the role of business recovery and insolvency partner.
fixed income and credit specialist manager, appointed Shen Tan as
managing director and client relationship management head. She moved
from Pyramis Global Advisors, where she was head of sales and
relationship management.
firm, named Chee Li Har as the new chief operating officer for its asset
and liability management arm. The news followed the appointment of Tan
Kong Khoon as chief executive and group managing director in 1 July. Tan
was previously the group executive for the consumer banking group of
DBS in Singapore.
new funds distribution sales executive. Samuel Hui took up his new Hong
Kong-based role after serving as senior sales manager at Value
Partners. He reports to Sandra Lau, funds distribution sales director
for Asia.
firm, opened a new office in Singapore and hired a former UBS executive
to take the lead. Keith Magnus, chairman and head of Singapore and
Malaysia investment banking at UBS, joined the firm as senior managing
director to establish the new Singapore office and as chief executive
for Evercore's on-the-ground business. In this role, he focuses on
providing strategic, merger and acquisitions and capital markets advice
to clients in Singapore and South East Asia.
announced that its managing director Reto Isenring is leaving the
company in mid-September after six years. His successor, Rajagopal
Govindarajoo, will take over starting 1 September, subject to approval
from the Monetary Authority of Singapore. Govindarajoo most recently
served as executive director and head of operations at Chinatrust
Commercial Bank in Singapore.
wealth management head for India. He takes over from Gannesh Bharadhwaj,
who resigned from the company in May 2013 due to personal reasons after
serving for two years. Sud was previously the head of the bank's
consumer assets business in Asia-Pacific based in Hong Kong.
of marketing, Asia ex-Japan, based in Hong Kong. Lui was previously head
of marketing and communications at Value Partners Group in Hong Kong.
In her new role, she reports to Claire Fraser, head of marketing and
communications, who is based in London.
has named Lim Boon Heng as its new chairman effective 1 August 2013. He
replaces S Dhanabalan, who is retiring after serving 17 years as
chairman. The chairman role is a non-executive position.
Chan as the new wealth management head for North Asia effective 5 August
2013. Chan joined Barclays from Credit Suisse, where she was managing
director and market leader for Greater China. She reports to Didier von
Daeniken, head of wealth management for Asia-Pacific, the Middle East
and Africa.
of Vikram Kotak as chief investment officer for the equity arm of its
Indian business. Kotak, previously the CIO of Birla Sun Life, replaces
Aniket Inamdar, who left in late 2012.
Asia sales and product teams with a raft of new hires. Tuti Go, Paulus
Moniaga and Johannes Wijaya join the company as senior directors for the
South East Asia arm of RBC Wealth Management. All three are based in
Singapore, but Go and Wijaya report to Samuel Witjaksono, executive
director for South East Asia, while Moniaga answers to Kusnadi
Sudikarman, senior director. Also now part of the Asia team is Nelson
Ilham, who assumes the role of director and head of fixed income
advisory and execution for Asia, based in Singapore.
newly-created role of head for the Asia business, based in Hong Kong. In
this position, he is responsible for overseeing all investment banking
and capital markets activities, including advisory services and sales
and trading for the Asia-Pacific region. He reports jointly to the
co-heads of Wells Fargo Securities' markets division and the co-heads of
the investment banking and capital markets groups in the US.
America chief executive and country head Craig Drummond to become its
new group executive for finance and strategy. He starts at his new role
at NAB towards the end of 2013. He replaces Mark Joiner who is retiring
after seven years with the Melbourne-based lender.
Greg Saichin to lead its new global emerging market debt team in
September 2013 after serving as head of emerging markets and high yield
fixed income portfolio management at Pioneer Investments. This is a
newly-created role.
the departure of lead China equities manager Jing Ning in 21 June 2013.
Ning was head of the BGF China Fund for the past five years. Her old
role will be co-assumed by Andrew Swan, head of the Asian fundamental
equity team, and Emily Dong, co-manager of the BGF Asian Growth Leaders
Fund.
strategic recruiting private banking Asia Pacific for Credit Suisse,
effective 19 August 2013. Harley joined from Nomura Investment Bank
where he was the head of experienced hiring (APAC).
investment manager, named Paul Quah as portfolio manager. Quah joins
from Hong Kong-based broker CLSA Asia-Pacific, where he was head of
regional small mid cap research.
appointed Andrew Bates to head of its Middle East and Asia operation.
Based in the UAE, Bates will join Mark Leale, regional manager of the
bank’s Dubai office. Bates has been with the bank for over nine years,
previously overseeing the launch of its UK office in London.
added two new partners to its Singapore office. Jake Robson and Adam
Summerly join from the Singapore office of Norton Rose Fulbright,
bringing eight and 14 years of industry experience respectively. Robson
focuses on merger and acquisition, private equity, cross-border
investment, joint ventures and asset-based deals throughout Asia.
Summerly advises clients on on a range of corporate deals, including
M&A, private equity, cross-border investment and joint ventures.
business with the appointment of Sonia Baillie as its new head starting
mid-September. She reports to Mark Beardow, head of fixed income in
Sydney. In addition, the company also transferred Nam Nguyen from Sydney
to Hong Kong to provide analytical support to the macro markets team
and guidance in constructing fixed income portfolios. He continues to
report to Simon Warner, the Sydney-based head of macro markets.
developer, appointed Iain Dunstan regional head for Australasia. Dunstan
brings over 20 years of IT and financial software industry experience
and was previously the founder and managing director of Bravura
Solutions. He now reports to Peter Scott, general manager for
Asia-Pacific at Avaloq.
business by hiring Ann Margareth Eufemio as vice president, relationship
manager in the international and other Asian markets segment, based in
Hong Kong.
named Shailen Modi as its new chief operating officer, having previously
worked at Fauchier Partners, the fund-of-hedge-funds business. He
replaced Steve Kirk, who was with the company for six years.
Toh as executive director of its Singapore office. Toh joined the firm
from HSBC Private Bank, where she was a director. She reports to Salman
Haider, head of South East Asia.
as associate managing director for Greater China, based in Hong Kong.
Glanville used to be a senior member of the forensic team at Deloitte
Touche Tohmatsu. The firm also named Lester Yen as senior director to
specialise in Foreign Corrupt Practices Act violataions and other
misconducts.
head of fund sales in Hong Kong to lead the North East Asia advisory
team. Yeung was previously the senior director of the investment product
team at Bank Sarasin & CIE. He now reports to Stephen So, the head
of investment advisory for North East Asia, who joined the company in 3
June 2013.
and wealth management practice by relocating Eugene Lim from its
Singapore partner firm to Hong Kong. On 1 January 2014, Lim becomes head
of the Hong Kong business. His old role in Singapore will be filled by
Will Marshall.