November was a brisk month in terms of high-level arrivals and departures in the global wealth management industry.

UK moves
European Wealth, with offices in the UK and Switzerland, appointed Marianne Laing Hay to its board as non-executive director. Hay serves on the board of the court of the University of Greenwich and the Town and Country Housing Group, and is the chair of the TCHG foundation.  She previously worked for Standard Chartered as the head of private banking for Europe, the Middle East and Africa.  

Towry hired David Horowitz as financial planner for its London office. In a newly created role at the firm, Horowitz joined the team of financial planners and help expand the company’s London professional partnership market. Horowitz previously worked at PricewaterhouseCoopers' investment advisory business.

Towry also hired industry veteran Peter O’Donnell as its London investment director. O’Donnell focuses on discretionary and advisory clients within Ashcourt Rowan Asset Management. He has 30 years of experience in the private client industry, coming from Brewin Dolphin, where he worked as an investment director for nine years.

Towry hired Legal & General's ex-group M&A and strategy director, Wadham Downing, as its new chief financial officer. Downing replaced Paul Wright, who remained with the business and on the Towry board until retiring in June 2016. Wadham joined from Legal & General where he held several senior roles including, most recently, group M&A and strategy director. Prior to this, he was CFO at the group. He previously worked at Resolution Plc and Britannic Plc.

Legal and General Investment Management Real Assets, part of financial services conglomerate Legal & General, made three hires in its research team.  Declan O’Brien has been hired as infrastructure strategist, Enrico Faccioli as research analyst and James Davies as property fund analyst. 

JM Finn & Co, the UK firm, appointed former UBS financial planning consultant Anna Murdock as head of wealth planning. Previously at UBS Wealth Management, Murdock spent seven years in her role at the Swiss firm in the UK.

Arbuthnot Banking Group's deputy chairman and senior independent non-executive director, Robert Wickham, retired at the end of the year. Wickham joined the group's board back in 1993, having previously worked at the Bank of Scotland in positions including general manager, UK banking, England.

Kleinwort Benson hired Brewin Dolphin's Annabel Breakey as a discretionary fund manager. Breakey was previously assistant investment manager at Brewin Dolphin. She spent three years at the firm’s Newcastle office, helping to manage over 300 clients with combined assets of £100 million ($151 million).

Mike Balfour stepped down from his position as chief executive of Thomas Miller Investment after five years at the helm of the company. Balfour was due to leave at the end of January 2016. He joined Thomas Miller Investment in July 2009, initially as chief investment officer, and has been chief executive for almost five years.

Global equity income fund manager Darryl Lucas left Sarasin & Partners. Lucas's departure followed Sarasin's recent appointment of Simon Steele and Neil Mitchell from CCLA as fund managers. Steele took over as manager on the Sarasin Global Dividend Fund and Sarasin Global Higher Dividend Fund. Mitchell co-manages segregated and pooled equity mandates, while helping with Sarasin’s UK equity funds. He will work alongside Jennifer Ramsey and Phil Collins.

In other movements, Alex Bibani, previously an analyst at IFM Sydney, joined the London team as a global thematic analyst. Meanwhile, Harry Talbot-Rice, the firm's head of global equities and manager of over £3 billion ($4.5 billion) in thematic global equity mandates, streamlined his responsibilities. He handed the reins of the EquiSar unit trusts for private client and retail investors to co-fund manager Alex Hunter and chief investment officer Guy Monson. Hunter, who has been part of Sarasin's global equity investment team for over eight years, and Monson, who is EquiSar’s founding fund manager, now manages the £187 million Irish-domiciled EquiSar sterling and dollar funds. They were also taking charge of a further £145 million in the UK OEIC global EquiSar funds.

Old Mutual International, part of the UK's Old Mutual Wealth, hired Karen Blatchford from Legal & General as its new head of international marketing. Blatchford joined from Legal & General Investment Management where she was sales and marketing director responsible for the retail investment proposition. Before this, she held various marketing leadership roles at Legal & General.

Sandaire Investment Office appointed Bonny Landers to the newly created role of head of socially responsible and impact investing. Landers, who founded Bay Street Consultants in Hong Kong two years ago, was previously managing director of the firm, offering advice to ultra-high net worth families on sustainable, responsible and impact investment. In the eight years prior to this, she was chief executive of a single family office, Sterling Private Management, in Hong Kong. She has also worked at ABN AMRO Asia where she was executive director and regional head for central bank relationships in Asia-Pacific.
Octopus Investments hired Tim Lambert to lead its family office strategy. In the new role, Lambert is responsible for building relationships with family offices, private clients and high net worth individuals. He joined from Parallel Capital, which he founded in 2011.

Aviva Investors hired Ahmed Behdenna and Marc Semaan to work on its multi strategy fund range. Behdenna joined from Societe Generale where he was a senior strategist within its multi-asset research team. In the new role of senior multi-asset strategist, Behdenna focuses on the generation of investment ideas.  Semaan, who previously worked as a macro strategist at Friends Life Investments, joined the London-based team as a multi-asset strategist to provide cross-market macro strategy ideas in rates and currencies. 

Vestra Wealth hired three senior wealth managers, including former Credit Suisse vice president Ben Chance, within its private office to advise ultra-high net worth individuals.

Chance, who prior to Credit Suisse spent a decade as an investment advisor at Morgan Stanley, joined the London-based private office team alongside Alex Hayward and Jordan Buck. Chance specialises in advising UNHW individuals, families and associated entities in the UK and internationally. Before Vestra Wealth, Hayward was a consultant at Family Office Exchange. 
Buck previously worked for a mid-size independent corporate finance firm in the US and KPMG Corporate Finance in the UK, advising businesses on mergers and acquisitions, debt and equity raising and corporate change.

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Vestra Wealth hired Kunal Chavda as portfolio manager to join his ex-Barclays Wealth colleagues, senior chartered wealth managers Bandish Gudka and Andrew Palmer. Chavda was most recently discretionary portfolio manager at Barclays Wealth and Investment Management where he specialised in the management of court of protection, charities and corporate clients. 

BRI Wealth Management appointed Simon Smith as non-executive director. Smith, who has been on BRI’s advisory board for the past two years, brought 30 years of industry experience. He joined from Birmingham-based Albert E Sharp where he was director and fund manager, responsible for the £330 million ($502 million) AES Smaller Companies Unit Trust.

Deutsche Asset & Wealth Management appointed Matthew Lamb as co-head of alternatives coverage in the global client group. Lamb reports to Dario Schiraldi, head of the global client group. The appointment came with the launch of a new alternatives investment specialist team, responsible for retail and institutional coverage of liquid and illiquid alternatives. Lamb co-heads the team with Gianluca Muzzi, who stepped into the role in addition to his existing responsibilities as co-head of real estate for Europe.

Lamb has over 12 years of liquid alternatives expertise. He was previously head of institutional and wholesale distribution for the UK and Middle East and global head of multi-asset sales at GAM.
Kempen Fiduciary Management hired Katia Radermacher and Rob Kelly within its London-based investment and risk management teams. As portfolio manager, Radermacher heads up the portfolio management of client accounts, while Kelly, as risk and operations manager, oversees risk management and provide reporting. Both take on newly created roles. Radermacher joined from Morningstar Investment Management where she spent more than 10 years as a senior investment consultant and portfolio manager in the US and the UK. Kelly previously worked as a senior manager at Australian commodities company Plum Grove, where he oversaw derivatives and foreign exchange exposure.

Connection Capital appointed Emma Bewley as its new head of funds. Bewley, an independent consultant to the hedge fund industry, has advised on a range of issues from due diligence to research and analysis. She was previously portfolio manager at Pamplona Capital Management where she helped develop their fund of hedge funds business. 
Gordon Daddshas appointed Huw Witty to the newly-formed role of partner and head of tax, joining the firm from Fladgate where he was partner and head of tax for six years. Witty is a prominent advisor on tax aspects of corporate finance, venture capital, property finance, property and capital market transactions and funds, and international private wealth.

Law firm Morgan Lewis added to its London-based team of investment specialists by adding Simon Currie as partner, joining from another global law firm’s private funds and financial services regulatory group. Currie previously was at Covington & Burling.

Currie advises on structuring, establishment and operation of segregated accounts and segregated account investment vehicles and other investment funds, including UK domestic and offshore investment funds, separate and investment trusts. He also counsels institutional investors regarding investment in private equity and other funds.

Canaccord Genuity Wealth Management (UK) appointed Duncan Reid, who most recently was at Investec, as a senior investment director in its UK wealth management business. Based in London, Reid has more than 20 years of experience in the wealth management arena. Most recently, Reid was a senior investment director at Investec Wealth & Investment Management, having originally joined Williams de Broë 13 years ago before it was purchased by Investec in 2012. Having started his career in the Channel Islands at Lloyds' Private Banking business, he moved to the bank's trust division, Hill Samuel, and then to SG Hambros. He returned to London in 2001 to work as an investment partner with Lloyds TSB Bank.

Agreus, a London-headquartered family office and wealth management advisory and recruitment firm, named four industry luminaries to its newly-created advisory board. They are Ian Buchanan, managing director and chief investment officer of a single family office; Alexandra Altinger, CEO of Sandaire Investment Office, the multi-family office; David Rudge, managing director at Visa (UK), the trust, fiduciary, fund and corporate services firm; and Stephen ross, a partner at Withers, the global law firm.

HSBC appointed Diageo's former chief executive, Paul Walsh, to its board and announced the departure of its longest serving non-executive directors. Walsh was group chief executive of Diageo between 2000 and 2013. Under his leadership, Diageo was refocused from a diversified food, beverage and hotels conglomerate into a leading global alcoholic beverage business.

Henri de Castries, who has been the chairman and chief executive of French insurer and asset manager AXA for the past five years, joins the British banking group as a non-executive director on 1 March. HSBC also announced the departure of its longest serving non-executive directors, Rona Fairhead and Simon Robertson, who served in their roles for almost 12 and 10 years respectively. 

Fairhead handed over her responsibilities as chair of HSBC North America to Heidi Miller and was due to retire at the group's 2016 annual general meeting, alongside deputy chairman Robertson. Non-executive director Safra Catz, who joined the board in 2008, was to leave the end of 2015.

Fairstone Group hired Michael Moran, Andrew Donnachie and Jaswinder Sandhu as independent financial advisors in its London office. Moran joined from Pensions and Wealth Management Services. He has 27 years of industry experience, 16 years of which he spent specialising in pensions and investments advice. Donnachie joined from Independent Solutions and has 29 years’ experience in financial services specialising in company and individual pensions, protection and mortgages. Sandhu previously worked as a senior financial advisor for Uniec Prestige, Culver Financial Management and AWD Chase de Verejoins. He specialises in investments, pensions and inheritance tax planning and has a 13-year background as an independent financial advisor.

Credit Suisse appointed Raffaello Casati and Sarah Macdonald to its London-based private banking team. Casati previously served as a private banker at Barclays Wealth and Investment Management since 2013. Meanwhile, Macdonald joined as a relationship manager within the high net worth team, having previously worked for the bank in Australia. Before Credit Suisse, she was director of UK domestic wealth management at Royal Bank of Canada, according to her LinkedIn profile.

Aviva Investors hired Michael Grady as senior economist and strategist. Grady joined Aviva Investors from COMAC Capital, a global macro hedge fund, where he was responsible for the fundamental analysis used for the investment process. Grady is based in London.

The Personal Finance Society appointed John White and Jonathan Rees as directors. White, who has more than 25 years' experience in financial services, became chief operating officer at Arthur J Gallagher Employee Benefits & Wealth Management late last year. He served as partner and head of financial management at Robson Rhodes, Bentley Jennison, RSM Tenon and Baker Tilly. White has also, in recent years, led on the acquisitions of financial services businesses such as Giles Financial Services and the Chancery Group.
Rees has been lay director of the Lending Standards Board, director of Ombudsman Services and of the Employers Network on Equality and Inclusion. He joined the PFS as a non-executive director, focusing on regulatory issues and promoting consumer interest, having originally been appointed as lay director in April this year.

Rees has 35 years' experience in the civil service, with a focus on strategy, regulation, change management and partnership working. He was director general of the Government Equalities Office from 2008 to 2013 and previously worked in more than 10 government departments, spending three years in the Number 10 policy unit advising successive prime ministers on strategy, and seven years in Brussels dealing with European negotiations.

Sandaire Investment Office appointed Lucy Lynch as head of legal, risk, regulatory and compliance. Lynch, who has 26 years’ experience in legal and compliance roles within the investment management industry, was previously head of legal at Independent Franchise Partners.

RWC Partners, the UK-based investment house with more than $11 billion of assets, appointed Miki Sugimoto and Matthew Hannay to its “global horizon” team, led by Louise Keeling. Sugimoto brought over 10 years’ experience on the buy-side from Veritas, where she was an assistant fund manager to the Real Return Asia Fund, and Newton Investment Management, where she was director of Japanese Equity. Hannay joined from Baillie Gifford, where he worked for three years and spent time on the global income, developed Asia equities and North American equities desks as part of the graduate scheme.
UK-based advisory and investment solutions business River and Mercantile Asset Management hired former Sanford C Bernstein employee Mayan Uthayakumar as its new equity analyst. Uthayakumar reports to portfolio managers Dan Hanbury, Hugh Sergeant and Philip Rodrigs.

Arbuthnot Latham hired Alastair Cobley from Investec as a private banker in Manchester. Cobley brings over 10 years' industry experience to the newly-created role, having worked in corporate banking, treasury and private banking for high net worth individuals.

Coutts & Co’s head of business development, Sarah Wyse, left the firm. Wyse was appointed to lead marketing and UK business development in May 2013, having previously served as a consultant within Coutts. She also sat on the bank’s 10-strong executive committee, which was recently appointed following the sale of the bank's internationally managed private banking and wealth management business to Union Bancaire Privée. Wyse was part of the team set up by Ian Ewart who is set to step down next year as part of Coutts’ broader restructure, which has also seen the departure of chief executive Rory Tapner.

A quartet of former Deutsche Bank managers were hired by Julius Baer in London to form part of its relationship management and wealth planning team. 

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Julius Baer appointed Annabel Bosman, Damien Crommie, Matthew Garnham and Jamie Banks, all from Deutsche Bank. The four managers focus on developing UK business that covers domiciled and non-domiciled clients, reporting to David Durlacher, head of relationship management.

MASECO Private Wealth, a UK-headquartered firm which makes service of expat US persons a speciality business line, appointed a former top executive from Royal Bank of Canada. George King IV joined the firm as a partner; he focuses on developing relationships and managing assets for private clients, trusts and charities. Previously, King was head of portfolio strategy at RBC in London; he has also held various positions at Barclays, Credit Suisse and Alliance Bernstein in the UK and the US.

Elian appointed Laura Butler as share awards manager within its performance and reward management team. Butler joined after six years as implementation and business improvement manager at Computershare, having previously worked at Mourant, where she was responsible for the transitions of three separate mergers. She brings more than 16 years’ industry experience.

Old Mutual Global Investors hired Simon Barrett as head of Middle East and Nordic distribution. Barrett joined after more than a decade at Martin Currie Investment Management where he was most recently director of international sales and client service. Before this, he spent four years as head of Nordic sales at Allianz Dresdner Asset Management. He brings over 20 years’ experience working in the Nordic region, and speaks Swedish, Danish and Norwegian.

Tilney Bestinvest hired Nicholas Nicol from Hargreaves Lansdown as a financial planner. Nicol joined after five years as a financial planner at Hargreaves Lansdown, where he was responsible for clients across London and North Kent. Before that, he was a client manager at Bank of Scotland Investment Services.

Rathbone Private Office, part of London-listed Rathbones, hired Natalie Merrens from Kleinwort Benson as head of investment solutions. Merrens joined after nine years as head of the investment solutions group at Kleinwort Benson. Prior to this, she was head of strategic wealth advisory at Kleinwort Benson Private Bank. She brings over 25 years' experience in the financial services industry, having formerly worked at UBS Wealth Management, Citibank and Lehman Brothers.

Baillie Gifford appointed Tom Slater as head of its North American team. Slater, who has been with Baillie Gifford for 15 years, joined the firm's London-listed subsidiary Scottish Mortgage as deputy manager in 2009. He became a partner in the firm in 2012. Based in Baillie Gifford's Edinburgh head office, Slater replaces the interim head of the North American team, Gary Robinson, who retained a leading role within the team. In other movements, John MacDougall transferred from the firm's global discovery team to the long-term global growth team.

Baillie Gifford appointed Praveen Kumar as fund manager of the £239 million ($367 million) Japanese Smaller Companies Fund.  Kumar joined Baillie Gifford in 2008 and became an investment manager on the Japanese equities team in 2011. He took over from John MacDougall who managed both funds for the last eight years. MacDougall moved internally to a role managing global equities. 

Asia-Pacific
DBS appointed Pearlyn Phau as the new deputy group head of consumer banking and wealth management, starting from 1 January 2016. Phau relocatede to Singapore and reported to Tan Su Shan, group head of consumer banking and wealth management. Previously, Phau was managing director and head of consumer banking group and wealth management at DBS Bank (Hong Kong) and has been with DBS since 2003 and has assumed various leadership roles within the bank, including head of DBS iBanking and regional head of DBS Treasures.

A senior figure at Bank of China International in Hong Kong left the Asian banking group. Andrew Niles joined the Chinese banking group in 2013, having previously worked at the private bank of Standard Chartered in Asia. His future plans are as yet unknown.

A senior figure at the private banking arm of HSBC eft the firm. Edward Chan, who held the role of managing director, regional head of sterling fixed income, left in November. He had been based in Hong Kong. Chan held that post since April this year. From January 2013 to April 2015, he was regional head of equities and fixed income; prior to this, starting in April 2008, he was global head of fixed income, according to his LinkedIn profile. From January 2007 to March 2008, he was managing director, head of investment advisory group at the private bank. 

BNP Paribas Investment Partners appointed Mandy Lui from Schroders as head of private wealth distribution, North Asia, and her predecessor Guenter Tschiderer to a new leadership role for Southeast Asia. Lui joined from Schroders Investment Management where she was responsible for the private bank's distribution business in Hong Kong. Based in Hong Kong, she replaced Tschiderer to provide services and fund products to third party intermediaries, including banks, private banks and insurance companies across North Asia.

Tschiderer, who has been with the BNP Paribas Group for over a decade, relocated to Singapore to take on the newly created role of head of private wealth distribution, Southeast Asia. Both Lui and Tschiderer report to Christian Bucaro, the firm's head of private wealth distribution in Asia-Pacific, who is based in Singapore. 

UBS named one of its most senior figures in Asia, Edmund Koh, as head of UBS Wealth Management for Asia-Pacific as the predecessor moved to a new role at the Zurich-listed firm. Koh was the head of UBS Wealth Management for South East Asia and its Asia-Pacific hub, which covers the domestic businesses of China, Taiwan and Japan. Koh took over from Kathryn Shih, who was named president of UBS Asia Pacific. These appointments took effect from 1 January 2016.

Koh, who is also a member of the UBS Global Wealth Management executive board and country head of UBS Singapore, joined the Swiss banking group in early 2012 following over 20 years in the Asian financial services industry. Prior to joining UBS, Koh was president and director of Ta Chong Bank and before that was managing director and regional head of the consumer banking group at DBS Bank.

An India-focused banker joined ABN AMRO Private Bank in Hong Kong. Rajeeev Ramanathan has joined the Netherlands-headquartered firm, having previously worked in the international NRI team at UBS. There had previously been a number of departures from the Swiss bank’s NRI team in Hong Kong. In his current role, he is director, international clients, private banking international Hong Kong.

Elian, a firm offering corporate, fund, private wealth and due diligence services, appointed Kathy Cheng to its Hong Kong office to oversee the fund services team. Cheng, who was educated in Australia and Hong Kong, has more than 10 years of fund, alternative investment and auditing experience. She previously worked at Citibank, where she led a team of fund accountants. Prior to this, Cheng held auditor positions with a bank and at big four accounting firms.

Eastspring Investments hired four portfolio managers within its equity team, which manages more than $30 billion in assets. Bonnie Chan joined as a portfolio manager for the Asian Infrastructure Fund. As part of the regional Asia focus team, she specialises in Asian infrastructure equities. She previously served as a senior analyst for transportation and infrastructure at Jefferies, Hong Kong, and before this, at Macquarie's equity research team in Hong Kong.

Mandeep Sachdeva joined as a portfolio manager in the global emerging markets (Asia) focus team, where he specialises in Asian emerging market equities. He most recently worked at Fidelity in London and previously held roles at Orbis Investment Advisory and Citigroup.

Arthur Kadish is a portfolio manager in the equity team. A member of the regional Asia focus team, he specialises in Asia equity research and portfolio management. He was previously an Asian equity analyst and partner at Primrose Capital Management in Shanghai. Before this, he spent six years at Orbis Investment Advisory in London as a global equity analyst.

Shea Pei Shee is a portfolio manager and member of the equity income focus team, having previously served as an investment director at Leedon Capital Group. Here, she managed an absolute return, long-only portfolio focusing on public equities primarily in the Asia Pacific (ex-Japan) region. She was also an investment analyst at Fidelity International.

RBC Wealth Management appointed Vivian Kiang to the newly-formed role of head of wealth planning for Asia. She is based in Hong Kong. The role involves responsibility for providing bespoke fiduciary structuring services including trust, insurance services, and bundled solutions to high and ultra-high net worth clients in Asia. Kiang joined RBC in late October and reports to Stefan Mueller, head of investments and products for Asia. Kiang has 16 years of experience; she has performed a number of roles at financial institutions including Royal Bank of Canada in Toronto, where she started her career. Most recently, she held the role of vice president, wealth planner at Citi Private Bank in Hong Kong. She holds an MBA from the University of Hong Kong.

Renowned investor, commentator and traveller Jim Rogers joined the advisory board of EM, an emerging markets media and investor relations business. Rogers is known for having co-founded the Quantum Fund in 1973 alongside hedge fund legend and political activist and philanthropist George Soros; he is also the creator of the Rogers International Commodities Index and the Rogers Global Resources Equity Index. Rogers’ books include Investment Biker, Hot Commodities, Street Smarts and A Bull in China.

Martin Currie Asia Unconstrained Trust, a listed investment trust in the UK, appointed investment industry figure Martin Shenfield as a non-executive director. Shenfield has held various senior positions following a career with Fidelity. He is currently a senior macro strategist at Lombard Street Research and travels extensively throughout the Asian region.

A former senior figure at the Indonesia business for UBS has joined Standard Chartered Private Bank. Suci Guntur wa appointed as managing director, client advisory. Guntur is based in Singapore. In her role, she is responsible for overseeing the ultra high net worth business covering Indonesia and reports to Stephen Richards Evans, who is the interim market head of Indonesia for the private bank. Guntur previously worked at UBS where she was most recently the head of financing solutions in Indonesia, covering private client side corporate financing and special situations for UHNW clients.

Northern Trust, the Chicago-headquartered banking group, appointed Ali Sheikh as head of hedge fund services for the Asia-Pacific region, based out of Hong Kong. Sheikh reports to Peter Sanchez, global head of Northern Trust’s hedge fund services arm. He took over from Jeb Altonaga who left the firm. Sheikh joined the bank in 2011 as a part of Northern Trust’s acquisition of Omnium from Citadel, where he began working in 2008.

Barclays hired Sabrina Tse, a relationship manager from Coutts, within its private banking business. Tse, who was previously managing director at Coutts, is now based in Hong Kong. 

Hansard International, the investment firm that is part of UK-listed Hansard Global, an Isle of Man-headquartered group, made a number of appointments for roles in regions such as Asia. The arrivals are Norrie Little, sales development manager, who previously worked for 21 years at Zurich International, holding roles in its operations, propositions, sales and finance areas. She has been appointed to the role of sales development manager to bolster the firm’s relationships with independent financial advisors; Tommy So was named head of business development for North East Asia, reporting to Elba Tse, general manager for North East Asia. He was previously senior sales manager at Zurich International Life in Hong Kong for almost six years; Ed Alderson was named sales development manager for Latin America. He recently moved from Friends Provident International, where he joined the industry in 2003; Hansard confirmed the appointment of Michael Wrigley as head of sales for South East Asia, having moved to Hansard International from Standard Life International; Maria Santodomingo Lorente was appointed account executive in the existing business segment, having joined Hansard International in 2013 as a relationship manager.

UBS Wealth Management appointed Lucas Wilson as vice chairman within its global emerging markets team in London. The GEM unit provides wealth management solutions to international clients in regions including Asia-Pacific. Wilson is responsible for further building the ultra-high net worth and global family office franchise within the bank's London GEM team. He focuses on developing new client relationships while enhancing relationships with existing clients. The role was a newly-created one. Wilson has 35 years of investment banking experience with UBS and its predecessor firm SG Warburg.
Wilson reports to Nick Perryman, head of wealth management, Global Emerging Markets London, and Caroline Kuhnert, head of wealth management GEM UHNW.

Nikko Asset Management promoted Peter Lynn to a newly created global role that will see him head product promotions in Singapore. Lynn was formerly managing director of Nikko Asset Management New Zealand.

ICBC Credit Suisse Asset Management appointed Laura Lui as head of index and quantitative investment. Lui was previously head of the exchange-traded fund and index team at Mirae Asset Global Investments, responsible for boosting the firm's ETF and index capabilities in Asia. She has more than 12 years of experience in the finance industry. Based in Hong Kong, she reports to Richard Tang, chief executive of ICBC Credit Suisse Asset Management. 

Sotheby’s Asia hired Steven Zuo as head of its classical Chinese paintings department. In the newly created role, Zuo is responsible for the company's growth in Asia and appraising classical Chinese paintings for auctions. He is based in Hong Kong and has 18 years of art expertise, primarily in curating and auctioning art in mainland China and Hong Kong.

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Maples Fiduciary, part of the Maples group, appointed Charlie Sparrow as regional head of fiduciary in Hong Kong. Sparrow previously worked at the firm’s affiliated organisation, Maples and Calder, an international law firm. 

Private banking group LGT made a senior appointment for its Singapore operations: Lydia Lum, who was a team head and senior private banker at HSBC Private Bank from 2007 to this year, joined LGT in Singapore. In another move, Gregor Hochet, who left BNP Paribas, joined LGT’s Singapore business.

Manulife Singapore made two additions to its team, coming in the wake of a number of other appointments at the Manulife group of firms in Asia. Neil Bowyer was appointed as chief bancassurance officer of Manulife Singapore – a newly-created role. He is responsible for the overall development of the company’s bancassurance operations in Singapore, including strategic development, distribution services, training and sales. He has more than 20 years of industry experience and has spent the last six years working in Singapore. Arijit Chakraborty was appointed as chief legal and compliance officer of Manulife Singapore. He has significant experience in handling legal, compliance and regulatory matters in the financial and investment space. He started his career in Singapore as a lawyer specialising in merger and acquisition transactions at Temasek Holdings and has held senior roles with other insurance companies. In his last role, he was the general counsel for one of the largest European insurers in its Singapore office.

Julius Baer hired a team head for its newly-created Japan desk in Singapore. It also added to the business development team of an asset management business, in which it has a stake, in Tokyo.
It appointed Takuma Mizuguchi to the team head position. In this new role, he drives the bank’s Japan coverage out of Singapore. 

Reporting to Wolfgang Humbert-Droz, market head Japan, Mizuguchi works with teams locally and regionally. Before he joined Julius Baer, Mizuguchi was director of the Japan international team of Credit Suisse in Singapore from 2012 to 2015.  Separately, Stefan Hofer was pointed as head of business development of TFM Asset Management’s Tokyo office. He reports to Hirokazu Mikuniya, TFM’s representative in Japan. 

Vontobel Asset Management appointed Joanna Poon as client service manager to support its work in the Asia-Pacific region. Poon held similar roles at Allianz Global Investors, Baring Asset Management and Western Asset Management. She also held research and support roles at the Securities and Futures Commission and at Commercial Asia Economic Limited. 

Hansard International, which provides investment and savings products for financial advisor clients, appointed Michael Wrigley as head of sales in Southeast Asia. Wrigley previously held the role of sales director at Standard Life, responsible for distribution to independent financial advisors in Singapore. Before that, he was at Zurich Life Singapore.

Swiss, Rest of Europe, International

Switzerland

Zurich-based Peritus Investment Consultancy hired Heikki Luoma as an investment analyst. Luoma previously worked at pensions consultancy Hymans Robertson.

Institutional asset manager Unigestion hired David Latto as senior vice president, portfolio manager, within its equities branch. He joined from UBS, where he was an equity derivatives structurer. Previously, he worked as an equity exotics structurer at Nomura International and specialised in structured rates origination the European Investment Bank. He is based out of Geneva.

Business law firm Schellenberg Wittmer appointed Louis Burrus, Olivier Favre, Stefan Leimgruber and Grégoire Wuest as partners, and Philippe Nicod as counsel. Burrus is a partner in dispute resolution and banking and finance in Geneva. He previously worked in the white-collar crime and corporate investigations practice of a US dispute resolution firm. Both in Zurich, Favre is a partner in the banking and finance group and Leimgruber is a partner in dispute resolution.Wuest Is a partner in banking. Based in Geneva, he advises private clients on wealth structuring and estate planning. Nicod specialises in mergers and acquisitions and corporate law in Geneva. He advises clients on buying and selling companies and businesses.

Luxembourg-headquartered Lombard International Assurance hired Christoph Habluetzel, previously head of Swiss onshore at Coutts & Co, as head of Switzerland. Prior to Coutts, he headed up Merrill Lynch Bank (Suisse)'s Zurich branch. In the newly created role, Habluetzel is in charge of driving the company's wealth management business and commercial strategy from its Switzerland base, covering German, French and Italian speaking regions.

UK-based specialist advisory firm Sussex Partners named Filippo Montalbano as managing director of its Zurich branch. Montalbano joined from Credit Suisse Private Bank where he advised clients on single manager hedge funds, funds of hedge funds, the creation of customised portfolios and selection of private equity funds.

Zurich-based asset manager Sound Capital appointed F. Bernard Stalder as chairman of the board, replacing Guy Wais, who will retire at the end of the year. Stalder served as chairman of Banque Heritage in Geneva since 2011, and of Banque Cantonale Du Valais prior to that.

Swiss private banking and wealth management house Reyl & Cie hired Florence Anglès as head of risk management. She previously worked at Deloitte Suisse where she was deputy director of risk management since 2012. Anglès is responsible for coordinating and expanding the range of measures implemented to identify, prevent and manage risks at group level.

Lausanne-headquartered Banque Cantonale Vaudoise added Peter Ochsner to its board of directors. Ochsner will chair the audit and risk committee, replacing Stephan Bachmann who will soon reach the age limit specified in the law governing BCV for serving on the group's board. He will step down on 21 April 2016 and Ochsner will take up his new role at the beginning of July. Ochsner previously spent over 30 years with PricewaterhouseCoopers where he was a lead bank auditor. He left the firm last year, having served on its management board and recently headed up its auditing practice in Switzerland.

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Europe

Guernsey Finance, the promotional agency for the offshore jurisdiction’s finance industry, appointed Guersey's former chief minister, Lyndon Trott, as chairman. Trott has been a member of the Guernsey Finance board since 2013 and replaced Jim Gilligan, who retired as chairman after having held the position for nine years. Trott is an independent non-executive director sitting on the boards of a Guernsey-based fiduciary company, a private equity and real estate fund administrator and an AIM-traded private equity fund.

JTC, a multi-jurisdictional independent provider of institutional and private client services, appointed Adam Moorshead to spearhead its Guernsey office. As well as serving as managing director of the Guernsey office, Moorshead, who joined JTC this year after the acquisition of Kleinwort Benson’s fund administration business, holds cross-jurisdictional responsibilities. He sits on the global management board of JTC’s institutional client services division. Moorshead was previously head of fund administration at Kleinwort Benson. Moorshead's predecessor Paul Duquemin continues on in his role as group director, with a specific focus on leading the business development team for institutional client services across JTC.

JTC also hired Michelle Le Herissier from Barclays to head up its office in the British Virgin Islands, replacing Ouida Nisbett who left the company. Le Herissier joins after four years as Barclays' managing director of the Singapore and Hong Kong trust division. Le Herissier is responsible for driving the growth of JTC's private client and corporate administration services in the jurisdiction, while enhancing relationships with third parties. She also supports the company's Latin American offices and works closely with its alliance partner, Kensington Trust Group, in Asia.

BMO Global Asset Management hired Giampaolo Giannelli as head of sales for Italy. He joined from Invesco Asset Management where he was head of Italian professional investors. Based in Milan, Giannelli is responsible for the distribution of the firm’s products and strategies in Italy for both wholesale and institutional clients.

The Association of International Life Offices, the trade body for the cross-border insurance industry in Europe, appointed its vice chairman, Bob Pain, to replace Nils Liljeberg as chairman. Pain, who is also managing director of Investors Trust Assurance, had served as AILO’s deputy chairman since 2012. Fabrice Sauvignon of La Mondiale was appointed to succeed Pain as deputy chairman. Following his resignation as chairman, Liljeberg remains a member of AILO’s management committee in the role of immediate past chairman.

Neuberger Berman appointed Christian Puschmann as head of client group for Germany and Austria. Puschmann previously spent seven years as deputy head of institutional sales at Invesco in Frankfurt. In the newly-created role, he is based in Frankfurt, responsible for client relationship management and business development across Germany and Austria with a particular focus on the firm’s institutional client base in the region.

LLB (Österreich), the Austrian subsidiary of Liechtenstein-based banking group LLB, announced its Peter Mayer was leaving after 11 years to take on “a new professional challenge”. He headed up the Vienna-based bank since the group entered the market in 2009. Robert Löw, a member of the board of management of LLB (Österreich) since 2010, was appointed to succeed Mayer as CEO and chairman of the board of management. Following Mayer's departure, the role of chief financial officer was created and assigned to Gerd Scheider, head of the bank's corporate services business unit. He will cover the financial responsibilities previously held by Mayer and will become the second member of the board of management of the Austrian subsidiary. Both Löw and Scheider's appointments are effective 1 January 2016.

BNY Mellon Investment Management’s head of marketing, Scott Stevens, who joined in 2011 to cover Europe, the Middle East and Africa, left the firm to pursue other opportunities. Anne-Marie McConnon was promoted to head of marketing for EMEA, having spent three years as the firm's marketing director.

Deutsche Bank appointed Ashok Aram, who heads the German lender’s business in the Middle East and Africa, to take on the additional responsibility of Europe as part of its move to consolidate its regional footprint. Aram, who led the Middle East business since 2010, replaced Stephan Leithner, previously chief executive for Europe outside the UK and Germany, who left the bank at the end of October to work at private equity firm EQT.

Northern Trust hired Bo Thulin from JP Morgan to lead its Nordic business. He joined from JP Morgan where he was head of the bank’s investor services business in Sweden and Norway. Based in Stockholm, Thulin is responsible for driving the growth and development of the group's asset servicing and asset management business across Sweden, Finland, Norway and Denmark. He replaced Belinda Burgess, who was appointed as Northern Trust's new head of Channel Islands.

Goldman Sachs appointed Anatoly Crachilov, a senior banker from JP Morgan. He was previously executive director, Russia, CIS and Eastern Europe, providing investment advice and portfolios for ultra high net worth clients. Based in London, he now holds the title of executive director, according to his LinkedIn profile.

RBC Wealth Management appointed Daniel Bisson to the post of chief of staff, fiduciary services at RBC Wealth Management – International. Based in Guernsey, Bisson, who was previously head of business development execution and delivery at RBC Wealth Management, is responsible for business management and managing projects aimed at transforming the fiduciary services business.

Elian, the international provider of private wealth, corporate, capital, fund and due diligence services, hired Laura Butler as share awards manager within its performance and reward management team in Jersey. Butler, who joined after six years as implementation and business improvement manager at Computershare, manages a team of share plan professionals as well as a select portfolio of clients, ensuring the implementation of new and existing clients onto the share plan.

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International

Bermuda-based Clarien Bank hired HSBC's Cyril Simmons and Carmen Adebiyi within its private banking arm. Simmons was appointed senior private banker, having previously held various roles at HSBC Bermuda, including head of captive and insurance banking. Adebiyi joined as a private banking officer. She was previously head of member services at the Bermuda Business Development Agency.

Offshore law firm Appleby has appointed a new partner, Sailaja Alla, to its Cayman Islands funds practice. Alla returned to Appleby after having spent seven years with the firm from 2000 to 2007 in Cayman and Hong Kong before leaving to join another offshore firm.

Advisory and fund administration firm Maitland appointed André Pottas to the newly-created role of head of corporate clients. He joined from Deloitte where he was partner since 2003, most recently in its corporate finance division. Based in Cape Town, Pottas leads Maitland's corporate client operations worldwide.

GenSpring Family Offices named Carlos Carreño as managing director for the eastern region of Florida, based in Miami. In his former role, Carreño led international wealth management for SunTrust Private Wealth Management. In this capacity, he managed SunTrust teams serving clients and families with a second residency in the US. Carreño has more than 20 years of experience in senior management positions within SunTrust Banks, Kroll and Barclays.

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North America 

Wilmington Trust appointed David Huffman as senior managing director and senior private client advisor in Washington, DC. Huffman was formerly a managing director and private client advisor at US Trust, where he was the Washington, DC, team leader. He has over three decades of experience in the financial services industry, and has worked with wealthy families for two decades.

RBC Wealth Management hired Ed Murphy as a financial advisor in Portland, OR. Murphy joined from UBS and has 28 years of industry experience, with over $150 million in AuM.

Raymond James Financial Services recruited financial advisors Erin Cockman and Angie Hall, and client associate Melissa Spoon, in Burlington, NC. The group operates as Pinnacle Wealth Partners and joined from Wells Fargo Advisors, where they managed over $150 million in client assets and had $950,000 in annual production.

Meanwhile, Raymond James & Associates, the firm's traditional employee broker-dealer, also last week hired financial advisor Nancy Leizman and her registered sales associate Lisa Klima in Beachwood, OH. Leizman, who operates as Leizman Wealth Management of Raymond James, joined from Wells Fargo Advisors too, where she managed approximately $195 million in client assets and had about $1.1 million in production.

Abbot Downing named Jason Davis as its new chief fiduciary officer, succeeding Darryl Meyers, who is retiring after a 30-year legal career. Davis joined Wells Fargo in 2004 in the family wealth business after working for nearly ten years in private practice, including roles at an international law firm in Philadelphia and a boutique firm in Rancho Santa Fe, CA.

Meyers has been with Wells Fargo since 2001 and had previously served as national managing director of wealth planning, senior wealth management director and senior regional trust manager for the Twin Cities of Minneapolis and St Paul. Before joining Wells Fargo, he worked at US Bank/Piper Jaffray in private financial services and before that practiced law from 1986 to 1995.

Robertson Stephens, a wealth advisory and investment management firm, named Susan Reese as managing director of Robertson Stephens Advisors in San Francisco. Reese spent the last decade at Ayco, a Goldman Sachs company, as an investment professional and vice president. She will continue her focus of working with active and retired high net worth C-suite executives.

MainStay Investments, the mutual fund and ETF distribution arm of New York Life Insurance Company, expanded its institutional intermediary business with the addition of Lance Oman and Greg Zipoli as senior regional vice presidents. Oman and Zipoli will lead sales efforts in the RIA and private bank channels, covering the western and north-central regions respectively.

Oman most recently held relationship management and business development roles at Fidelity Investments and before that at Trust Company of the West. Earlier still, he worked at BlackRock as a director and iShares business development officer. He began his career at Charles Schwab.

Meanwhile, Zipoli joined from Cedar Capital, where he was a managing director and helped build the firm’s RIA business. He also previously helped build the RIA arm at State Street Global Advisors. Before that, Zipoli was a vice president at Fidelity Investments focused on the Midwest region. He also worked at Boston Capital Partners and Sands Brothers & Co in sales and business development roles.

Merrill Lynch hired Nicole Primack Andres within its private banking and investment group in New York with $600 million in client assets under management. Latterly of Credit Suisse, she will report to Mollie Colavita, regional managing director for the PB&I group in New York. MBA graduate Kelsey Merritt, and analysts Robin Ramos and Kimberly Ward, also joined. Andres began her financial career at Credit Suisse (including its predecessor firm Donaldson, Lufkin & Jenrette) in 1990 and spent nearly 25 years there.

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Citi Private Bank appointed former JP Morgan man Gregory Walker at its Boca Raton office as a managing director and banker for ultra high net worth individuals. Walker will report to Luke Palacio, head of the Southeast region at Citi Private Bank. At JP Morgan Private Bank, Walker was a managing director and investment team leader. Prior to joining JP Morgan as an analyst in 1999, Walker was a VP at Northern Trust Bank of Florida in Boca Raton and Palm Beach, FL, and before that, a VP at Jefferson Pilot Life Insurance in Greensboro, NC.

Chairman and chief executive of the Financial Industry Regulatory Authority, Richard Ketchum, is to retire in the second half of 2016. FINRA’s board of governors said it will conduct a search for his successor that will take into consideration internal and external candidates.

Family Office Exchange added technology consulting to its roster of services, recruiting Steven Draper to lead the effort. New services include the review of the current technology environment in a family office, strategic alternatives for updating technology and software, and supervision of new system installation. Draper, who has a strong background working with single and multi-family offices globally, joined FOX as a senior technology consultant.

Lombard International made two senior hires to accelerate the company's US growth and enhance its product offerings targeting family offices, private banks and institutions. John Tyers will serve as executive vice president and head of institutional sales, and Virginia Klein will serve as senior managing director of product development and investment solutions.

Most recently, Tyers was the southeastern regional head of the private banking and investment group at Merrill Lynch. Before that, he was head of the managed solutions group in New York, overseeing all fee-based investment advisory platforms and wealth management tools at Merrill Lynch.

Klein spent 10 years in the alternative investment group at Merrill Lynch Wealth Management in New York, where she was a director of origination and product management for hedge funds as well as head of innovation for the alternative investments group.

Equity Concepts hired former market executive and senior vice president of private client services at First Tennessee Bank, John Hopper, as director of strategic growth. Hopper has 25 years of experience in private banking and wealth management. Before his stint at First Tennessee Bank, he was a vice president of banking and wealth management at US Trust Company and Wells Fargo.

San Diego, CA-based Brown Wealth Management Group, an independent financial advisory firm, joined LPL's Financial broker-dealer platform. Brown Wealth Management Group, which has $525 million in client assets based on prior business, also affiliated with Stratos Wealth Partners, an independent advisor network on LPL's hybrid RIA platform. The firm is led by Jeffrey Brown as president and has two additional wealth advisors - Patrick Ford and Tyler Morris - and is supported by three additional team members including Allison Williams as chief operating officer. Brown Wealth Management Group's client base consists primarily of executives, engineers and scientists in the technology and biotech industries.

US-based Summit Trail Advisors grew its investment research team with four new members to a total of six. Some of the new appointees came from Barclays, the UK-listed bank that sold its US wealth management business recently to Stifel Financial. The following professionals joined the Summit Trail Advisors investment team: Ben Johnson, Seth Katz, Michelle Zeng and Mark Hourihan. They are all based in New York, except Johnson, who is based in Chicago, IL.

Legal & General Investment Management America hired Greg Behar from Northern Trust to head up its index investment strategy. Behar was previously senior vice president of global equity at Northern Trust Global Investments, where he was responsible for driving the business growth of a $450 billion equity platform. Prior to this, he held similar roles at Deutsche Asset Management. In this newly-created role, Behar will join LGIMA's index business, which was launched late last year and currently manages more than $59 billion in index strategies. Based in Chicago, he will oversee and deliver thought leadership for the institutional marketplace, reporting to the firm's head of US Index Funds, Shaun Murphy.

RBC Wealth Management recruited The Kirk Group in Southpointe, PA. The Kirk Group is led by Janet Kirk, senior vice president financial advisor, and joined from Morgan Stanley Wealth Management. Also part of The Kirk Group is Anne Hassenfeldt, senior business associate, and client associates Nancy Sutton and Mary Beth Wishart. The team has around $242 million in assets under administration and $1.7 million in production.

Morgan Stanley hired a 13-strong private wealth team from Credit Suisse in New York. The team includes three private wealth advisors: Richard Zinman, managing director; Anthony Dertouzos, managing director; and John Moreno, executive director. They report to Nelson Gaertner, Park Avenue complex manager, and advise on more than $5 billion in assets. Zinman joined Credit Suisse in 2008, having previously worked at Smith Barney from 2001 to 2008 and Bank of America before that. Dertouzos has worked with Zinman since 1999. Moreno joined Smith Barney in 2006 and left in 2008 with Zinman and Dertouzos to join Credit Suisse.

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Glenmede appointed Laura LaRosa as director of business development and Susan Mucciarone as director of private client relationship management. The latter is a new role at the firm while LaRosa's post was previously held by Chris Poch, who left the firm in August 2015. Both will continue to serve as members of Glenmede's management committee, reporting to Howard Wilson, executive director of relationship management. LaRosa was most recently director of portfolio management and before that director of fixed income management. She has spent more than 20 years at Glenmede overall. Mucciarone joined in 2010 as director of wealth advisory and earlier in her career was executive vice president and senior managing director of Wells Fargo Family Wealth (formerly Calibre, a division of Wachovia). The firm confirmed that Mucciarone is retaining the responsibilities of her previous role, and that the responsibilities of LaRosa’s previous role have been split between various senior leaders at the firm.

Threshold Group, the wealth management firm and family office, brought in Stephanie Rupp as managing director of impact investing – a new role at the firm. Rupp was previously chief executive at San Francisco, CA-based Toniic, a global network of impact investors. She has over 15 years of experience working in the field of global impact investing, impact fund design and implementation, microfinance, and crowdfunding. She also spent five years at Omidyar Network, and earlier held roles at Planet Finance, UBS Investment Bank in New York and London, and served as a consultant to the World Bank and UNESCO.

William Blair, a global investment banking and asset management firm, brought in Lawrence Gilbert as a vice president and financial advisor in Chicago, IL, focused on business owners, high net worth families and private foundations. Gilbert has more than 24 years of experience in financial services and joins William Blair from Credit Suisse, where he was a private banking director. Before that, he worked at HighTower Advisors and at Goldman Sachs in the firms' private wealth management divisions. Before his time in private wealth sector, Gilbert worked for eight years as a professional market maker on the Chicago Board Options Exchange, trading a portfolio of index and equity-based options and futures.

ACE, the global insurer, revealed the leadership line-up for its personal risk services division in North America, effective upon completion of the firm's acquisition of Chubb, which is expected in the first quarter of 2016. As previously announced, Frances O’Brien will serve as senior vice president of the new Chubb Group and division president of personal risk services, and Scott Gunter will serve as chief operating officer of this unit. Gunter will report to O’Brien, who will report to Paul Krump, who will serve as executive vice president of the new Chubb Group and president of commercial and personal insurance services. Meanwhile,  Hope Jarvis – currently a senior vice president for compliance and strategy manager – will lead the personal insurance operations segment. As well as reporting to O’Brien, Jarvis will report to James English, who is currently executive vice president and North America chief operations officer at ACE, and will continue to serve in that role.

The following managers will report to Gunter:

Chris Donahue, currently chief underwriting officer for ACE Private Risk Services, will serve as CUO.

Annmarie Camp will lead personal insurance sales and distribution. Camp is currently a senior vice president of national sales and distribution manager for ACE Private Risk Services.

James Fiske, currently senior vice president and US marketing manager for Chubb Personal Insurance, will lead personal insurance marketing. In addition to reporting to Gunter, Fiske will report to Cora Klena, who is currently senior vice president of North America marketing and communications for ACE and will continue to serve in that role.

Noel Hannon will serve as personal insurance underwriting centers leader. Hannon is currently senior vice president and US underwriting centers officer for Chubb Personal Insurance.

Jennifer Naughton will lead personal insurance risk consulting services. Naughton is currently vice president and loss control services New York regional manager for Chubb Commercial Insurance.