Here is a summary of wealth management moves around the world.

International (Asia and America moves are below)
JP Morgan’s wealth management client business head, Barry Sommers, retired after being at the US banking giant since 2008. He wanted to pursue interests outside the sector. 

Sommers joined JP Morgan when it bought Bear Stearns, where he worked. Sommers went on to run the Chase consumer bank and build its wealth management business before working for Mary Erdoes, chief executive for asset and wealth management. 

David Frame, global head of client advice and strategy, became chief of US wealth management, and reports to Edoes. Frame has been at the bank for more than two decades in a variety of roles, such as being global head of capital markets solutions. Andrew Cohen, who runs the international private bank at the moment, took on  a new role as executive chairman of wealth management, based in London and reports to Edoes. 

Nicolas Aguzin took on Sommers’ international private banking responsibilities. Aguzin is currently head of banking for Asia-Pacific at the corporate and investment banking arm. He also reports to Edoes. Aguzin has worked in multiple regions, including being CEO of JP Morgan in Latin America.

Sol Gindi, who is chief administrative officer of the consumer bank, became CAO for wealth management globally, overseeing the bank’s technology, operations and service initiatives, also reporting to Edoes.
Brian Carlin continued as CEO of wealth management solutions, reporting to Edoes; he also took on day-to-day responsibilities as head of investment solutions.

Pictet, the Swiss private banking group, said a senior partner of the family-run bank, Nicolas Pictet, was retiring on 1 September this year after having been a partner since 1991, and that new partners will jbe oining. The announcement came last week as the bank issued unaudited figures for 2018. Nicolas Pictet remains chairman of the board of Banque Pictet & Cie SA, the group's Swiss bank, and joins the supervisory board of Pictet & Cie Group SCA, the group’s managing entity, with effect from 1 September 2019.

Renaud de Planta, who joined Pictet as a partner in 1998, succeeded him as a senior partner. He is the second most senior of Pictet’s seven partners. He has spent much of his career leading Pictet Asset Management. Previously, he spent 12 years with UBS, holding various management positions, including as CEO of UBS in Hong Kong and North Asia. He has a PhD and a Masters in financial economics from the University of St. Gallen and an MBA from the University of Chicago.

Sébastien Eisinger, deputy CEO at Pictet Asset Management and head of investments, joined the Pictet partnership with effect from 1 April. He entered Pictet Asset Management in 1999 as an investment manager on the fixed income team, rising to chief investment officer for fixed income prior to his most recent role. He began his career with Lazard Frères Gestion in Paris as a quantitative analyst. He holds a DEA (Diplôme d’étude approfondie) in statistics and an MA in mathematics from Paris VII University.

Lombard Odier appointed Alexandre Zeller to join its partnership, taking effect from the start of March. A member of Credit Suisse’s board and chairman of Credit Suisse (Schweiz) since 2016, Zeller has been a prominent figure in the banking industry. Before joining Credit Suisse, Zeller was chairman of the SIX Group from 2013 to 2016 and was, from 2008 until 2012, CEO of HSBC Private Bank for Switzerland, Europe and the Middle East, based in Geneva. 

He was previously CEO of the Banque Cantonale Vaudoise in Lausanne from 2002 to 2008, following a career at Credit Suisse, where he was CEO of  Private Banking Switzerland. The appointment put Zeller alongside Patrick Odier (senior managing partner), Christophe Hentsch, Hubert Keller, Frédéric Rochat, Denis Pittet and Annika Falkengren.

One of the great names in the world’s financial services and wealth management sector, Bruno Schroder, director of the eponymous Schroders business, died at the age of 86 after a short illness. Mr Schroder had served as a director of the UK-listed firm since 1963. Mr Schroder was the great-great-grandson of John Henry Schroder, co-founder of the Schroders businesses in 1804. Following national service in the Life Guards, studying at Oxford University and the Harvard Business School, he joined J Henry Schroder & Co in November 1960. He began his career working in the internal audit division, in commercial banking and subsequently in corporate finance. With the declining health of his father, board chairman Helmut Schroder (1901-1969), Mr Schroder was appointed as a non-executive director of Schroders Limited (now Schroders plc) on 1 January 1963.

Kaiser Partner, the Liechtenstein-based group looking after ultra-high net worth clients, named Stefan Liniger, formerly of Rothschild & Co, as chief executive of the wealth advisory and trust group. The move came as Fritz Kaiser, who founded the group, began to relinquish operational responsibilities while driving future strategy. Liniger headed up Rothschild & Co’s wealth planning and trust business between 2011 and 2018. Before that, he worked as head of wealth planning at Goldman Sachs in Zurich and was a partner at Swiss law firm Bar & Karrer.

Multi-family office Stonehage Fleming added Meiping Yap as director and James Jefferson as senior associate to its capital market team. Both were new positions. Yap joined from the Government of Singapore Investment Corporation and HarbourVest Partners in London. Jefferson joined from MVision Private Equity Advisers in London and Hong Kong. Prior to that, he was at BlackRock in London.

Vontobel appointed Daniela Diethelm to take over running the wealth management market for Germany and Northern Europe from June this year. She succeeded Roland Rötheli, who had been in the post for a decade. He continues to advise German clients and is vice chairman of Germany at the Zurich-listed firm. Prior to this, Diethelm, managed the business development wealth management EMEA area at UBS.

Credit Suisse named a new group chief risk officer, chief compliance officer and head of human resources. Lara Warner is group CRO; Lydie Hudson is CCO and Antoinette Poschung is HR head. The previous CRO, Jo Oechslin, decided to take on a new role at the bank, moving to the newly-minted role of senior advisor - risk management. He left the group executive board. Warner was in a number of senior roles at the firm's investment bank between 2002 and 2015.

Hudson has worked at Credit Suisse for 11 years. Prior to this, she was chief operating officer for the lender's global markets segment. Poschung joined Credit Suisse in 2008. Previously, she was a member of the executive board of Axa-Winterthur, occupying the role of head of human resources. Peter Goerke, having worked in the HR role for the last three years, became senior advisor for new projects with a focus on Asia and China in particular. He joined Credit Suisse in late 2015 from Prudential plc as group head of HR.

Research and advisory firm Aite Group launched a cyber-security practice. The practice supports information security executives and the technology vendor community with practical research into the best practices and technical solutions to reduce risks for financial institutions, insurance companies, payment processors, merchants, and healthcare industry stakeholders.

Leading the practice is Aite Group research and consulting chief Gwenn Bézard. Joining him on the cyber-security team is senior analyst Alissa Knight. A published author, she has worked in cybersecurity for over 18 years as a penetration tester and incident responder, and she has started and sold two previous cyber-security startups before launching her own venture capital fund.

Standard Chartered appointed Richard Pattle as senior advisor for its private bank, based in Dubai. Pattle reports to Tracy Clarke, regional chief executive for Europe and Americas at Standard Chartered. Prior to this, Pattle was with the Standard Chartered group until last March as vice chairman of the private bank.

Multrees, the UK-based firm providing outsourced investment services to wealth managers, private banks, family offices and advisors, appointed Ed Carey as head of sales and marketing. Carey joined from Alliance Trust Savings where he was sales director and, latterly, commercial director. He also spent 12 years at Cofunds, where he went on to become head of distribution development, and held a senior level position at Mattioli Woods.

Multrees made additional changes. Farzana Khalil, previously client solutions manager, moved into a newly-created role overseeing the development of the Multrees platform. Peter O’Donnell took on management of the Multrees client relationship team.

Henley & Partners appointed Dr Parag Khanna to its advisory board; Dr Khanna’s special area of counsel is global trends and scenarios, focusing on systemic risks as well as market-entry strategies and socio-economic strategy, with a particular emphasis on Asia. A best-selling author, Dr Khanna founded FutureMap, a data- and scenario-based advisory firm of which he is the managing partner. He holds a PhD from the London School of Economics and is the author of several books, including Connectography: Mapping the Future of Global Civilization (2016) and Technocracy in America: Rise of the Info-State (2017). Dr. Khanna’s books have been translated into more than 20 languages, and his work has appeared in major international publications including the Wall Street Journal, the Financial Times, The Washington Post, The Atlantic, and The Guardian. He is a CNN global contributor and a senior research fellow at the Lee Kuan Yew School of Public Policy at the National University of Singapore.

Saranac Partners, the private client advisory firm focused on ultra-high net worth individuals and families, appointed Bénédicte Perrier-Dordain to expand the client team. Perrier-Dordain concentrates on Eastern European UHNW clients, primarily those in Russia. She joined from ACPI Investment Managers, where she was a partner. She has been focusing on Russia and the CIS since joining UBS Wealth Management in 2006. She previously spent ten years at the European Bank for Reconstruction and Development (EBRD), latterly as deputy head of funding, treasury.

Eric Syz stepped down as chief executive of the Banque SYZ business. Yvan Gaillard, who joined the firm in 2016 and has been chief operating officer and deputy CEO, replaced Syz. Syz moved to focus on strategic direction and developing the firm’s client base.

Nicholas Syz - another family member of the business - took over from Silvan Wyss as private banking head. Wyss left the bank by “mutual agreement”. Nicolas Syz joined the group in 2017 as head of business development for SYZ Private Banking.

Before joining SYZ, Gaillard worked at Pictet for 18 years, occupying various managerial positions. Gaillard is a qualified engineer with a diploma from the Ecole Polytechnique Federale de Lausanne (EPFL). Nicolas Syz also worked for UBS in Zurich and Firmenich in Paris and London. He holds a double Master’s degree in management from HEC Lausanne and Sciences Po in Paris.

Jonathan Fry, former chief executive of Premier Asset Management, became its non-executive chairman. GIML was founded in 2009 initially as a distribution business raising funds for specialist investment managers. It has about $2 billion of funds under administration via its UCITs platform. Fry set up, developed and eventually floated Premier. He has more than 30 years’ experience in the asset management industry.

Payne Hicks Beach, the London-based law firm, created a new management board and changed the heads of its family and private client departments. Private client partner, Robert Brodrick, became chair of the management board, which also consists of the head of dispute resolution, Dominic Crossley and the head of corporate, Jonathan Gatward. Virginia Farquharson remains as the firm’s director of management. Alastair Murdie retired after a career as a private client solicitor, head of department and senior partner. Ian Airey will also step down as head of the firm’s family department to focus on his practice as a partner. 

Rebecca Cockcroft and Philip McGuirk were appointed co-heads of the family department. Having joined the firm in 2014, Cockcroft's practice encompasses all aspects of private family law. McGuirk has been at Payne Hicks Beach for nearly 20 years and has particular expertise in financial remedy work with extensive experience in complex international family financial disputes. The private client department is led by partner, Rosamond McDowell. She specialises in tax and estate planning advice, including contentious trust matters. 

Octopus Group appointed Ruth Handcock as the new chief executive for its investments business. She took over from co-founder Simon Rogerson who remained CEO of the group and became the executive chairman for Octopus Investments. This is the first time a new CEO has been appointed for Octopus Investments since the company was founded in 2000. Handcock joined Octopus from UK challenger bank Tandem in July 2018 as chief customer officer, working across operations, sales and marketing. 

BNP Paribas Asset Management appointed Christopher Dunn to take up the newly-formed role of global head of client satisfaction, part of the French firm’s client experience team, also a new entity. Dunn joined in January and reports to Melanie Aimer, global head of client experience. Based in New York, he relocated to Paris. Prior to this, Dunn was at Greenwich Associates, where he was a vice president within its investment management practice. 

Switzerland’s Falcon Private Bank appointed Xavier Clavel as the new global head for products and investments, and he also joined its executive committee. Clavel reports to chief executive Martin Keller. Clavel brings with him 20 years of experience in both the private banking and asset management industry. Besides his recent involvement with various European start-ups in the fintech space, Clavel has held a variety of management posts. He served as global head of private banking and was a member of the executive board at Banque Cramer & Cie from 2015 to 2017. Prior to that, he worked for HSBC Private Bank (Schweiz) as head of the alternative investment group, Switzerland. From 2001 to 2013, Clavel was head of private clients Continental Europe at GAM (Schweiz).

Falcon Private Bank also recruited Placido Albanese to join its Zurich office as the new head of advisory services. Albanese previously worked at Banque Cramer.

Schroders appointed a private assets specialist, Georg Wunderlin. Wunderlin, most recently the chief executive of HQ Capital, an alternative asset manager, assumed the newly-created role of global head of private assets. Wunderlin reports to the firm’s chief executive, Peter Harrison.

Natixis Investment Managers created the new role of head of environmental, social and governance-based (ESG) investment. The appointee is Harald Walkate, who was formerly global head of responsible investment at Aegon Asset Management in the Netherlands.

Lombard Odier appointed Alexandre Zeller to join its partnership, taking effect from the start of March. A member of Credit Suisse’s board and chairman of Credit Suisse (Schweiz) since 2016, Zeller has been a prominent figure in the banking industry. Before joining Credit Suisse, Zeller was chairman of the SIX Group from 2013 to 2016 and was, from 2008 until 2012, CEO of HSBC Private Bank for Switzerland, Europe and the Middle East, based in Geneva. He was previously CEO of the Banque Cantonale Vaudoise in Lausanne from 2002 to 2008, following a career at Credit Suisse, where he was CEO of  Private Banking Switzerland. The appointment puts Zeller alongside Patrick Odier (senior managing partner), Christophe Hentsch, Hubert Keller, Frédéric Rochat, Denis Pittet and Annika Falkengren.

Schroders bolstered its environmental, social and corporate governance (ESG) capabilities by hiring an ESG integration specialist. Stephanie Chang assumed the role as ESG integration manager and reports to Schroders’ head of sustainable research, Andrew Howard. Chang spent almost five years as assistant director for sustainability and climate change at PwC, where she focused on climate change impact and helping clients develop risk strategies for making the transition to low carbon investing. Clients there included global banks, insurers, asset managers and private equity houses.

Goldman Sachs named Stefan Bollinger as its co-head of its private wealth management business for Europe, the Middle East and Africa. Bollinger joined Chris French, who has served as head of private wealth management for EMEA since joining the division in 2007, and reports to Tucker York, global head of the business.

"Our private wealth franchise has been a growing contributor to the division’s revenues, with EMEA PWM delivering outsized performance over the past several years. Adding Stefan to the leadership team underscores our commitment to the region and our confidence in the continued growth of the business," the firm said in an internal memo shown to this news service. Bollinger, who was co-head of global sales strategies and structuring across equities and fixed income, currency and commodities in the securities division, continues as country coordinator for Switzerland.

Private wealth law firm Boodle Hatfield named Laurence Morgan as a senior associate in its private client team in London. Morgan joined from private client firm Forsters. Before that, he spent four years at Freshfields Bruckhaus Deringer, and six years in the private client team at Macfarlanes.

BNP Paribas Asset Management appointed three senior quantitative analysts to join its quant research group. The joiners are Boris Afanasiev, Benoît Bellone and Frédéric Abergel. The analysts report to Thomas Heckel and François Soupé, the group’s co-heads. Afanasiev is based in London, and Bellone and Abergel are based in Paris.

Mike Regan, who has been finance director at Coutts since July 2016, stepped down. His role has been that of “finance director for the RBS private banking franchise, including both Coutts and Adam [& Co] businesses”. Prior to this, he was head of resource management, commercial and private banking finance at Royal Bank of Scotland. He has been at RBS for a total of nine years. Previous employers include WestLB and UBS. 

Societe Generale’s private bank in Switzerland appointed Anne Marion-Bouchacourt as its new chair. She replaced Yves Thieffry, who retired from the bank. He was the chair for six years, rounding out a career at the group that covered more than 35 years. Previously, Marion-Bouchacourt was the group chief country officer for China, a post she held from July 2012. Prior to this, she was head of group human resources, a position she held since 2006. She joined Societe Generale in 2004 as head of HR for Societe Generale Corporate & Investment Banking. She started her career as an auditor and then a consultant with PricewaterhouseCoopers.

The organisation promoting Jersey’s financial services sector appointed a new chief executive, replacing Geoff Cook who announced in 2018 that he was leaving after 12 years in the role. Joe Moynihan, formerly chief executive of AIB’s Jersey and Isle of Man offices, took up the post. Spending much of his career at AIB, Moynihan also spent just under four years with the government of Jersey as director of financial services, with a remit that was expanded to include digital and competition affairs. More recently, he was the chief executive of RAK International Corporate Centre in the UAE and acted as a consultant both in Jersey and overseas. He is a previous chair of the Jersey Bankers Association and is a regular commentator on industry issues, Jersey Finance said.

Offshore law firm Carey Olsen appointed Lauren Glynn to lead its family law team in Jersey. Glynn joined the firm in 2013 and left in 2017 to join a small specialist litigation practice. She returned to Carey Olsen in September and will take over as senior associate from Samantha McFadzean who recently became a Family Division registrar of the Royal Court in Jersey.  

Glynn advises on a range of family law issues, including pre- and post-nuptial agreements, divorce and civil partnership dissolution, and cohabitee disputes. She also specialises in contested financial disputes and contested proceedings relating to children.

Alternative asset manager Gresham House hired a global specialist to run its UK forestry interests as the asset class continues to deliver strong yields for investors. Olly Hughes leads Gresham’s forestry team, which manages over 110,000 hectares of forests on behalf of institutions, endowments, family offices and private investors. It is the UK’s largest commercial forestry manager, harvesting around 10 per cent of the UK’s total softwood annually.

Hughes is a 20-year veteran of developing real assets strategies in the UK and internationally. He joined Gresham House after five years’ leading infrastructure management at Oxford Capital Partners, where he helped grow the infrastructure and real assets under management from around £20 million to over £300 million. Prior to Oxford Capital, Hughes was managing director and founder at private energy company Vigor Renewables. 

BMO Real Estate Partners, part of BMO Financial Group, named Emma Gullifer as an assistant fund manager, based in London. In her new role at BMO REP, Gullifer is responsible for the fund management of the flagship £550 million BMO UK Property Fund, reporting directly to the fund manager, Guy Glover. Gullifer previously worked for four years at DTZ Investors where, in her most immediate role, she was an assistant portfolio manager. 

Withers hired reputation and privacy lawyer Jo Sanders as the head of its London media and reputation team. Sanders joined from Harbottle & Lewis. Sanders worked in media law for 15 years, and previously worked as a journalist and public relations consultant. As part of the changes, Amber Melville-Brown, who has led the London team since 2011, re-qualified to practise in New York State, and will head the firm's international media and reputation team. 

Bank of America Merrill Lynch appointed Sanaz Zaimi as head of its new Paris-based European Union broker-dealer unit BofA Securities Europe. The move to a Paris office is part of the bank's preparation for the UK’s departure from the European Union.

UK private investment management group Tilney appointed Chris Moore as an associate investment director. Moore joined the team in the company’s Birmingham [UK] office. Prior to this, Moore was an investment manager at Smith & Williamson, starting there in 2010. Previously, he worked at Personal Touch Financial Services and Andersen Charnley (now part of Cannacord Genuity Wealth Management).

Morningstar, the investment research house, appointed Paul Malone as UK chief executive and west EMEA regional leader. Malone, who most recently served as Morningstar’s head of UK sales and business development, leads the company’s strategy for the UK, South Africa, and the Middle East. He joined Morningstar in 2009 as vice president of sales and business development for institutional software.

Offshore law firm Collas Crill promoted several associates across its global dispute resolution teams to meet a high demand for litigators in the area. In the Channel Islands, Ben Havard in Guernsey, and Simon Hurry in Jersey, were promoted from senior associates to partners. Havard advises on contentious and semi-contentious trust matters, working primarily with multi-nationals and overseas-based ultra wealthy families. Hurry specialises in high-value commercial litigation, insolvency and contentious trust matters.

At the firm’s Cayman office, Farrah Sbaiti moved from associate to senior associate. She joined Collas Crill from another Cayman law firm in August 2018, and brings extensive court experience on a range of commercial and corporate litigation and insolvency issues. Sbaiti was admitted to the Cayman Islands’ Bar in January 2016 after training in London. Rocco Cecere also joined the Cayman team as counsel. The offshore commercial litigator specialises in international insolvency and restructuring, often involving fraud and asset tracing.

Adams Street Partners, a private markets investment house, appointed Mattias de Beau as a partner. De Beau joined the firm’s primary investments team and concentrates on sourcing investment opportunities, conducting due diligence, and managing private equity fund manager relationships throughout Europe. He is based in the firm’s London office and reports to Sergey Sheshuryak, partner on the primary investments team.

With more than 15 years in private equity and related fields, de Beau previously co-headed EMEA investment activities covering primary, secondary and co-investment opportunities in London for the StepStone Group. Earlier, de Beau was a principal at London’s Greenpark Capital, which was acquired by StepStone in 2013. He began his career as a private equity analyst at Lehman Brothers in London.  
Natixis Investment Managers appointed Jochem Tielkemeijer as an investment consultant in its Dynamic Solutions team. Tielkemeijer is responsible for leading portfolio analysis and advisory services for clients in the UK, Netherlands and Nordic region. He reports to Julien Dauchez, head of consultants and the Dynamic Solutions team, and is based in London. He joined after five years at Fisher Investments Europe where worked as an investment consultant and managing the client services team. Prior to this, Tielkemeijer was an investment adviser at Finsens Investment Consultancy in Amsterdam.

Kleinwort Hambros, the private bank, made a number of senior appointments. Leigh Philpot was named the new head of UK regions. In this newly-created role, Philpot is based in London and reports to Andrew Hillery, head of UK private banking. Prior to this, Philpot headed up the private banking and discretionary fund management team at Kleinwort Hambros. Most recently, he created the bank’s IFA proposition, working alongside external advisors across the country. Previously, Philpot worked for Ely Fund Managers (now part of Rathbones) and Killik & Co, the advisory stockbrokers. 

Chris Thomson was named deputy head of UK regions. This added to his role as head of the Edinburgh office, which he founded in 2008.  Prior to Kleinwort Hambros, he spent 12 years in investment banking, split between London and New York. Richard Brown and Mark Sinclair was also recently appointed head of Yorkshire and head of Cambridge, respectively. Brown was formerly a wealth manager at Coutts and relationship manager for Lloyds Private Banking, while Sinclair had been a director at HSBC Private Bank and was later head of UK Clients at HSBC Private Bank Monaco.

Citi appointed Elzbieta Czetwertynska as country officer for Switzerland, which includes responsibility for business in Monaco and Liechtenstein. She replaced another Citi veteran Kristine Braden, who recently moved internally to become chief of staff to Citi's CEO Mike Corbat. Czetwertynska joined the US banking group in 1994 and returned to Europe from Latin America, where she spent four years driving double-digit growth for Citi’s corporate investment banking in Ecuador, the firm said. Prior to that, she held a number of senior posts, including fronting commercial banking for Citi in her native Poland and heading up treasury and trade efforts in Columbia. She starts in Switzerland on 1 March and will report to European head Zdenek Turek.

Credit Suisse added a raft of senior figures to its international wealth management business with a focus on the Latin American client market. It named Ricardo Castillo as head of advisory and sales and as a member of the IWM LatAm management committee. He also leads the investment consulting team for the “southern cone” of the Latin American region, aka ConoSur. Castilo has worked for more than 15 years in various investment roles: investment advisory and sales, asset allocation across asset classes and tactical and/or thematic trading and hedging solutions.

Recently Castilo was global investment specialist covering ultra-high net worth clients, notably for Chile and Argentina. He is located in Geneva, Switzerland. In addition, the bank’s wealth planners report to the region heads with Lucia Moreno in ConoSur, Antonio Marsicano in Mexico, and José Martin Ovelar in Pacto Andino (Colombia, Ecuador, Central America).   

Marco Pacheco Romero joined as senior relationship manager for ConoSur, reporting to Wenceslao Browne. He specifically covers Argentina, Chile and Peru and has combined 20 years of experience in private banking, lending, and hedge funds. He also led credit teams in the past and will have an additional role to focus on growing the firm’s UHNW individual-focused strategy as head of lending.

Andres Martin Cazenave joined as senior RM for ConoSur focusing on Argentina, Chile, Uruguay, and Colombia and will be reporting to Wenceslao Browne. He has more than 25 years of wealth management and investment expertise across several institutions in Switzerland, the US, and Argentina. More recently he covered markets mainly from ConoSur (Argentina, Chile, Uruguay) after being in charge of developing Pacto Andino markets in the past.

Rodrigo Pitre Mendez joined as senior RM for ConoSur reporting to Wenceslao Browne. Pitre has 20 years of private banking experience in Argentina, Bahamas, Uruguay, the US, and more recently Switzerland, where he has lived since 2013. In 2013 he moved from Miami, where he spent four years developing an Argentine book to join another institution in Geneva. Since 2013 he has been in charge of developing a book for ConoSur.

Bill Gross, a legendary fixed income investment figure whose name was associated most closely with the US firm PIMCO before being controversially ousted, retired from Janus Henderson Investors, the New York-listed business he joined in 2014. Gross decided to retire from the firm and focus on managing his own money and his private charitable foundation. His retirement brought down the curtain on a four-decade career. Gross co-founded PIMCO in 1971, serving as its managing director and chief investment officer. His comments on bond markets, interest rates and monetary policy became news events and market-influencers in their own right.

Partners Capital, which looks after financial professionals’ and institutions' money, opened a continental European base in March, choosing Paris as the location to take advantage of opportunities – and retain market access – as a result of Brexit. The new office opened in March and it is led by Edmondo Barletta, who moved from the firm’s London office where he has been since 2013. Barletta is client chief investment officer for some of Partners’ Capital’s largest private investors. Prior to this role, he worked at Bain Capital Private Equity. He will be joined by a senior associate from the London team, a new senior investment professional and additional hires, as well as being supported by the 91-person London office.

Saranac Partners, the private client advisory firm focused on ultra-high net worth clients, appointed Riccardo Pavoncelli to join its board as a non-executive director. Pavoncelli has a background in capital markets and investment banking. He spent 17 years at Morgan Stanley in a variety of senior roles including those of head of European debt capital markets, head of European media group, and head of investment banking in Italy. He joined Lazard in 2005 where he worked on cross European mergers and served as CEO of Lazard Italy.

Levine Leichtman Capital Partners, a Los Angeles-based private equity firm, hired Erik Nobel as a managing director, responsible for establishing and managing its newly opened office in Stockholm, Sweden. Nobel leads LLCP’s structured equity origination and investing efforts in the Nordic region.

Prior to joining LLCP, Nobel worked as an investment director at AP6, a state-owned pension fund specialising in managing unlisted equity assets. Before this, Nobel worked as a deputy director at IK Investment Partners in Stockholm. He began his career at JP Morgan in London as part of the Nordic M&A team.  

Leonteq, the Swiss-based structured investment products and savings firm, announced that Paulo Brügger retired from its board of directors. Brügger had been a member of the board since 2017 and he was the board representative of Leonteq’s largest shareholder, Raiffeisen Switzerland, and a member of Raiffeisen’s executive board until 21 January this year.

Mediolanum Asset Management, the Irish asset management company of the Mediolanum Banking Group, named Brian O’Reilly as its new head of market strategy. O’Reilly reports to Christophe Jaubert, head of investment performance. O’Reilly has nearly 20 years’ experience in the wealth and asset management and institutional business. O’Reilly began his career in Goldman Sachs before joining UBS Warburg in 2000 as a member of the investment bank’s global macro strategy team. He then worked for UBS Wealth Management in New York, before being appointed head of research in London.

Wells Fargo Asset Management appointed Matthias Scheiber as global head of portfolio management for multi-asset solutions. A 20-year veteran, Scheiber joined from Schroders. The role is based in London, where he reports to Dan Morris, another recent senior hire to lead on driving the bank’s multi-asset ambitions. At Schroders, Scheiber led the multi-asset team’s institutional mandates around risk-based investing. Prior to that, he was a partner and fund manager at Aethra Asset Management in charge of qualitative and quantitative investment research and of managing absolute-return products. He also held senior positions at the Franco-Dutch ABN AMRO financial services group and the Romanian Raiffeisen bank in Vienna.

Switzerland’s Federal Council elected Benjamin Gentsch to the board of directors of FINMA, the country’s main financial regulator. Gentsch is a senior figure in the insurance sector and takes up his role on 1 July. After graduating from the University of St Gallen in business administration, Gentsch began his professional career in the reinsurance industry and became a member of Zurich Re’s executive board in 1998.

Global asset manager Aviva Investors hired two personnel in London to work in product strategy and support clients in its credit business. Rachel Harris joined as senior credit investment director and Emily McDonald joined as credit investment director and reports to Harris. Harris began her career in 1998 in credit sales at Credit Suisse and went on to work for the Royal Bank of Scotland, Goldman Sachs and Janus Henderson. She reports to Aviva's global head of product strategy, Steven Blackie. McDonald joined from Credit Suisse, where she worked in fixed-income sales covering clients in southern Europe and the UK. She joined Aviva through the company’s Return to Work programme set up to attract experienced candidates back into financial services roles after a break of at least two years.

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Asia-Pacific

Carret Private opened a new office in Singapore, led by former Indosuez Wealth Management banker Eugene Huang. At Indosuez Huang looked after North Asian clients and had previously worked at Merrill Lynch, Barclays and Nomura. He started at Indosuez in June 2017. At JP Morgan Filippo Gori became deputy chief executive of Asia-Pacific, as part of a change in a number of executive roles (as reported elsewhere in moves summaries by this publication).

Barclays Private Bank hired private banking veteran Sandeep Das to head up private clients in India and support ultra-high net worth clients across the continent. He made the move after 27 years in private banking at Standard Chartered in India, where he held a series of senior positions in the areas of products and distribution, most recently as managing director and head of Standard Chartered's private banking arm. He also led client strategy for both onshore and non-resident Indian clients. UBS global wealth management appointed Desmond Kuek as divisional vice chairman, based in Singapore. Kuek reports to Joe Stadler, the head of ultra-high net worth wealth management at the firm, and to Edmund Koh, president of UBS in Asia-Pacific.

Over a career spanning more than 35 years, Kuek has held leadership positions in the corporate world, public sector and military; and most recently as president and group chief executive of Singapore Mass Rapid Transit Corporation. Prior to that, he held roles as Permanent Secretary at Singapore's Ministry of Environment and Water Resources, Chief of Army and Chief of Defence Force. Kuek also served on the boards of Singapore Technologies Engineering Ltd and its subsidiaries, Defence Science and Technology Agency, Housing and Development Board, Jurong Town Corporation, International Enterprise Singapore and the Civil Service College.

UBS’s co-head of wealth management for the Asia-Pacific region, August Hatecke, was named as country head of Singapore and head of the Singapore branch. In this new role, Hatecke reports to Edmund Koh, UBS president for the Asia-Pacific region. Hatecke relocated to Singapore in 2016 as head of wealth management for Southeast Asia. He held various leadership positions over the course of his 19-year career at UBS. Previously, he also served as head of ultra-high net worth business at the global family office for the Switzerland operation, based in Zurich.

The chairman and chief executive of National Australia Bank, which was singled out for criticism by a Royal Commission probing widespread failings in the country’s financial services sector, resigned. NAB’s chief executive, Andrew Thorburn, and chairman, Dr Ken Henry, left the bank. Following the issue of a report written by Kenneth Hayne, commissioner, the men locked horns over findings in the the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.

chroders announced that Japanese equity fund manager Masaki Taketsume formally took over managing the Schroder Tokyo Fund and the Schroder Japan Growth Fund Investment Trust. Taketsume has been at Schroders for more than a decade, and the move was part of deliberate succession planning to replace the veteran fund manager Andrew Rose who decided to retire from the industry at the end of June. Rose started his career at Schroders in 1981, during which time he held a number of roles, including senior investment officer for Japan and head of Japanese equities.

Fitch Ratings appointed Matthew Ginsburg as chairman for the Asia-Pacific region. He took over from Bernard de Lattre, who is stepped down from the role. Reporting to Ian Linnell, President of Fitch Ratings, Ginsburg provides strategic oversight and direction to the Asia-Pacific team as part of a non-executive role.Originally from the US, Ginsburg has been based in Hong Kong since 1992. During his career he has held various senior management positions within sizeable businesses in Asia, most recently as head of investment banking, Asia-Pacific for Barclays, where he was also a member of the bank's global investment banking executive committee and its Asia-Pacific management committee.

BNP Paribas Asset Management, part of BNP Paribas, appointed Paul Sandhu as head of multi-assets quant solutions and client advisory Asia-Pacific with immediate effect. The role was a newly-formed one. Based in Hong Kong, Sandhu reports to Anton Wouters, head of solutions and client advisory. He leads the region’s MAQS team to enhance BNPP AM’s existing investment capacities in this space. He is also responsible for developing and the implementation of bespoke investment products.

DBS appointed Han Kwee Juan as group head of strategy and planning, taking the helm from Shee Tse Koon who became the bank’s Singapore country head last December. Han reports to chief executive Piyush Gupta and is a member of the group management committee. Prior to this, Han worked for 27 years at Citibank, leading various businesses including consumer banking, corporate banking and transaction banking. He was most recently CEO of Citi Singapore, a position he held since 2012. In that role, he had oversight of Citi’s onshore retail banking, wealth management, cards and personal loans, mortgage and retail SME businesses in Singapore.

US-based asset manager Russell Investments hired Ying Tan as president and general manager for Russell Investments Management (Shanghai). Ying Tan, brought more than 20 years of experience in wealth management, investment research and trading. She reports to chief executive, Asia-Pacific Pete Gunning. She replaced Brian Ingram. Ryan Fu, deputy general manager and chief compliance officer in Shanghai, had been acting as interim president and general manager following Ingram’s departure. Prior to joining the firm, Ying Tan spent more than a decade with Mercer, where she served as a principal in the firm’s Asian manager research capability and later as the head of the firm’s investment business in China. She played a major role in building Mercer’s investment advisory business in China.

illis Towers Watson, the advisory, broking and solutions company, appointed Edwina Ho as investment director for its investments business in Asia. Based in Hong Kong, Ho works with the firm’s institutional clients across the Greater China market. Prior to this role, Ho was head of Legg Mason’s institutional business for Hong Kong and China. While in this role, she worked with major sovereign wealth funds, pension funds, insurance companies, family offices and asset and wealth managers. Ho has developed new investment activities, including around China’s Belt and Road Initiative, and has established a partnership with the Hong Kong Monetary Authority Infrastructure Financing Facilitation Office. Prior to Legg Mason, she worked for China Everbright as head of institutional sales and was responsible for marketing and business development in offshore markets. She has also held senior positions at major global banks and consultancies, including Macquarie, Goldman Sachs and McKinsey.

Canaccord Genuity Wealth Management named Nick Teo as business development director in Singapore. Teo works with Andy Finch, head of international sales at CGWM (UK) to develop and consolidate new and existing distribution opportunities in Singapore and see how to expand its offerings to more institutions and other intermediaries. Teo has worked in the financial services industry for over 15 years. Prior to joining CGWM (UK), he was the regional sales manager for Friends Provident and before that, sales manager for AXA.

A former chief investment officer for the Hong Kong Monetary Authority, the jurisdiction’s de facto central bank and regulator moved into the world of crypto-currencies and related technology. Yong Hak Huh joined the board of advisors for Xen Technologies. He has more than three decades of experience in the investment and merger and acquisition advisory space. He had been CIO of private markets at the HKMA, managing a $25 billion alternative asset portfolio.

he Asia-Pacific regional chief executive and chairman of Goldman Sachs, Ken Hitchner, retired from the firm. A former pilot in the US Navy, Hitchner was appointed as the bank’s president for Asia-Pacific, excluding Japan, in 2013 and was named the region’s chairman and chief executive officer in 2017. He joined Goldman in 1991.

ne of the top executives for Credit Suisse’s private bank in Asia, Christian Huber, head to to the bank’s home country of Switzerland to take up another top role. Huber joined Credit Suisse’s Swiss Universal Bank division as the new chief operating officer of the private and wealth management clients business. He reports to Serge Fehr, head of private wealth management clients at the Swiss Universal Bank, Credit Suisse. Huber, who has been with the bank for two decades, left Asia after having worked in senior roles in Tokyo and Singapore for the past 12 years. Most recently, he was COO of the lender’s private banking franchise in Asia. He was also a member of Credit Suisse’s central COO/CFO organisation based in Switzerland.

lain Bernasconi, COO for private banking in South Asia and COO of the Singapore location for private banking, took up Huber’s COO role for Asia. Bernasconi reports to Francois Monnet, head of private banking for North Asia as the primary manager, with another reporting line to Benjamin Cavalli, head of private banking for South Asia, and Chien Chien Wong, chief operating officer of the APAC division. Bernasconi is an 18-year veteran of Credit Suisse and has been in Singapore in total for eight years in different roles.

PineBridge Investments appointed Anthony Fasso as its new Asia-Pacific chief executive. He took over from Rajeev Mittal, who left the company in December last year. Fasso, who is based in Hong Kong, reports to PineBridge CEO, Greg Ehret. With more than 30 years in the financial services sector, Fasso has worked for almost a quarter of a century in Asia’s asset management business. Most recently, he spent eight years as CEO of AMP Capital Investors’ international business and was head of the firm’s global clients division, based in Hong Kong.

urich-based additiv, a digital wealth management firm, hired Bert-Jan van Essen, former chief technology officer at Privé Technologies, founder of Dragon Wealth and former Asia-Pacific private banking chief information officer at Credit Suisse. He assumed the role of managing director additiv Asia on 1 April. Bert-Jan leads a team of sales, product and delivery managers in Singapore and Vietnam to continue the firm’s growth drive in the region where it has tripled its staff in the past 12 months. Van Essen succeeded Thomas Achhorner who focuses on developing strategic markets, after having opened the organisation’s development centre in Vietnam, the recruitment of senior talent from key competitors and the recent launch of a wealth app for the Indonesian arm of Australia’s largest bank.

Zurich Malaysia appointed Mukesh Dhawan as the chief executive of its Zurich Takaful Malaysia Berhad business. He took the helm from Salim Majid Zain, who left the company in January, and reports to ZTMB’s board. Dhawan has more than 18 years of experience in the life insurance sector across the Asia-Pacific region. His most recent business title was that of head of market management and general manager, Zurich Life Insurance Malaysia Berhad. He joined Zurich Life Insurance Malaysia Berhad (ZLIMB) in January 2015.

He has held various senior management and strategic roles in accident and health profit centre management, strategic marketing, product management as well as distribution management in leading organisations such as Prudential Corporation Asia, AIG and AIA. Prior to joining Zurich, he was based in Singapore with the AIA regional team to drive its Premier Agency strategies within the South East Asian markets.

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North America

Global investment firm Cambridge Associates promoted two established figures, Noel O’Neill to president and head of global investing and Ashby Hatch to head of global investment research.

O’Neill will oversee the firm’s research and four client practices: Endowments and foundations, pensions, private clients, and the outsourced investment business CA Capital Management. O’Neill joined Cambridge Associates in 1995 and most recently served as head of global investment research, where he managed portfolios and helped build stronger links between the research and investing teams. Hatch joined the firm’s research team in 1993 and took over from O’Neill in heading all private and public asset class research across the firm.

Northeastern law firm Wiggin and Dana appointed Carolyn Reers as a private client services partner in its Greenwich and New York offices. Reers has more than 25 years of experience representing and serving affluent individuals, their closely-held companies and family offices, with a focus on international estate and tax planning. Prior to joining Wiggin and Dana, Reers was a partner at a "leading international law firm", the organization said, where she focused on all aspects of trust and estate planning and administration. Before this, Reers was managing director at JP Morgan Private Bank. 

CIBC US Private Wealth Management added three senior figures to its team: Jeffrey Lee, Lawrence Li and Robert Gaudette. Lee, CFA, was named vice president and senior investment analyst in Boston, focusing on hedge fund investments within the multi-manager investment program. Prior to joining the firm, Lee served as an expert-in-residence at SOSV, a $500 million venture capital firm.

Li was named senior vice president and senior investment analyst in Boston, providing broad support for the firm’s proprietary investment strategies team. Prior to joining the firm, he was a vice president at Sunley House Capital Management, where his primary focus was covering the technology, media and telecom sectors in the Americas. Previously, he was an associate at Charlesbank Capital Partners, where he participated in various board activities for portfolio companies and conducted market research and due diligence.

Gaudette, CTFA, was named vice president and client service manager in Atlanta and joins the firm with more than 20 years of industry experience. In this role, he works closely with relationship managers to provide comprehensive client service and account administration for high net worth individuals, families and foundations. Prior to joining the firm, Gaudette was a trust advisor at SunTrust Private Wealth Management, where he was responsible for the administration of fiduciary client relationships and provided guidance on various estate planning, fiduciary and taxation matters. Previously, he was a trust officer with US Trust, Bank of America Private Wealth Management.

Raymond James created a Southern New England complex led by former Morgan Stanley senior manager Bill Drew. At Morgan Stanley, Drew was executive director and complex manager for branches in the Greater Boston area. He became a financial advisor in 1995 at Smith Barney and transitioned into management in 2000, serving in various roles of increasing importance. He remained with the firm after the acquisition by Morgan Stanley in 2009, and in 2014 began leading Morgan Stanley’s Boston Harbor complex.

Financial advisor Breandan Kelly joined LPL Financial, aligning with Gladstone Wealth Group, having previously worked at Wells Fargo Advisors. Kelly reported that his firm managed approximately $110 million of client brokerage, advisory and retirement plan assets. Kelly created a new Gladstone branch in Fort Myers, Florida, launched through Gladstone’s Partnership Program. His firm is supported by two staff members, including Catherine Byrd, director of operations, and Kathy Kelly, client services assistant.

US law firm Shearman & Sterling appointed private client specialist Anna Salek to join its New York office. Salek advises high net worth individuals, family offices and foundations, both in the US and abroad. Previously, she worked as a partner in the trusts and estates practice of Kirkland & Ellis in New York, and was previously at Skadden, Arps, Slate, Meagher & Flom.

Research and advisory firm Aite Group launched a cyber-security practice. Leading the practice is Aite Group research and consulting chief Gwenn Bézard. He was joined by senior analyst Alissa Knight. A published author, she has worked in cybersecurity for over 18 years as a penetration tester and incident responder, and she has started and sold two previous cyber-security start-ups before launching her own venture capital fund.

Raymond James brought in a team of 11 wealth managers to its embrace. The advisors are John Schindler, CRPS®, Jeffrey Davies, CFP®, ChFC®, Scott Bennett, CFP®, Chuck Phillipson, CFP®, Christian Allen and Austin Farah. They join Raymond James & Associates (RJA) – the firm’s traditional employee broker/dealer and are based in Birmingham, Michigan. Joining them were senior registered client associates Farrah Brown, Yvonne Carver and Andrea Roll, client service associate Nathalie Tufenkjian and senior practice marketing associate Elizabeth Mabley.

The team operates as Peninsula Wealth Management of Raymond James and joined from UBS, where the advisors previously managed about $738 million in client assets. Together, the group serves a variety of clients, including high net worth clients, business owners, corporate executives and physicians.

Clarus Group appointed Chuck Rose as a wealth manager and he joined its investment committee. Prior to this, Rose spent 15 years at Jersey City-based Asset Management firm, Lord Abbett & Co. Rose graduated from William Paterson University with a degree in corporate finance and earned the Certified Investment Management Analyst qualification. He is an active member of the Investments & Wealth Institute, has FINRA securities registrations Series 7, Series 66, Series 24 and has Life Insurance and Health Insurance licenses.

Diversified Trust, the US wealth manager, promoted nine of its staff to new positions across the Southeast region of the country. 

Atlanta Office:

Robinson Mertilus, to vice president;

Memphis Office:

Vince Chamblee, to senior vice president;

Jim Gilliland, to principal;

Hadley Miller, to principal;

Nashville Office:

Adele Anderson, to senior associate;

Adam Dretler, to principal;

Stewart Koch, to vice president;

Sarah Maxwell, to senior associate; and

Karen Morvai, to senior associate.

Argent Financial Group wealth management firm appointed Jodi Penn Rives as a business development officer for Shreveport, Louisiana and Oxford, Mississippi. She reports to chief development officer J Aaron Jack. A native of Shreveport, Rives spent the past 24 years in numerous leadership roles in the public and private sectors in North Louisiana. Most recently, she was business development director for Heard, McElroy & Vestal, the CPA firm. Prior to joining Heard, McElroy & Vestal, she worked alongside her late husband, Mike Penn, at Penn Homes.

Glenn Gunnels joined Argent Trust Company as senior vice president/fiduciary consultant in the company’s Atlanta office. He reports to David Williams, general counsel of Argent Financial Group and executive vice president and manager, fiduciary services for Argent Trust. Gunnels has more than 20 years of experience providing ESOP, corporate and litigation legal services. Before joining Argent, he worked at Taylor English Duma LLP, an Atlanta law firm, where he advised clients in transactions involving ESOPs. Previously, he also was founding principal of The Gunnels Law Firm in Washington, DC, senior counsel at Isler Dare PC in northern Virginia, and partner at Schiff Hardin LLP in Atlanta.

Argent Trust Company appointed Jill Knight Nalty as its business development officer in its New Orleans office. She reports to market president Kevin Reed. Nalty has 13 years of banking experience in New Orleans having served the banking community at Hibernia National Bank and First Commerce Corporation. She has spent her most recent decades in fundraising efforts in the non-profit sector in the New Orleans community. In particular, she has worked with Children's Hospital, Ochsner Pediatrics, Junior Achievement, and the Audubon Institute. 

Katten Muchin Rosenman appointed Matthew Sperry to its trusts and estates department. Sperry previously led the global private client practice at McGuireWoods and served as a federal law clerk to Judge Carolyn P Chiechi, who retired last year from the US Tax Court in Washington, DC. He is a frequent speaker and author on the taxation of private clients and trusts, global family governance, cross-border wealth structuring and other key private client issues.

 

Athena Capital Advisors, a US registered investment advisor with $5.5 billion in assets under management, promoted Dana K O’Brien to general counsel. She was previously deputy general counsel. O’Brien, who joined Athena Capital in 2014, continues her role as chief compliance officer. Leonard Lewin, who has served as general counsel and vice chairman of the board for over a decade, remains as vice chairman on Athena’s board of directors. O’Brien remains based in Athena’s Lincoln, Massachusetts, headquarters.

Prior to joining Athena, O’Brien served as CCO and director of administration and legal affairs for Fisher Lynch Capital. Previously, she was director of operations and legal affairs at MPM Capital.

International law firm Withers appointed corporate, income tax and estate planning attorneys to join its US practice. Partners Charles Kolstad and S Eva Wolf and associate Kim Jackson joined the firm in Los Angeles from Mitchell Silberberg & Knupp. Kolstad advises on international, corporate and partnership tax issues and tax controversy cases.

Ethic Inc, a tech-driven asset management platform focused on sustainable investment ideas, added Peter Knight, a luminary in the field, to its advisory board. Knight established Generation Investment Management with his partners, former US Vice President Al Gore and David Blood, in 2004, and served as its president until his retirement in 2017. During his tenure with that organization, Knight oversaw the firm’s US business. 

Alex Brown, a division of Raymond James, appointed client advisor Barry Kolano in Boston, MA. Kolano joined the firm from Wells Fargo Advisors, where he previously managed more than $113 million in client assets. He has been in the financial services industry for more than 30 years.

A team of four advisors who managed $314 million at UBS in Dallas, Texas, joined the employee channel of Ameriprise Financial. The team is headed by George Vilfordi III and includes his sons Aaron, Alex and Adam, a report by InvestmentNews said. The elder Mr Vilfordi joined UBS in 2009 after 29 years at Merrill Lynch. His sons joined him at UBS ove the past 10 years, it said.

US investment house Constitution Capital Partners formed a real estate business, created by professionals who used to be employed by Lone Star Funds and its affiliates. The new organization is called Constitution Capital Real Estate Partners. With offices in New York and Chicago, the group is led by Hugh J Ward, most recently senior managing director and co-head of real estate investments at Lone Star North America. The team initially has six individuals. 

Evercore appointed Chris Zander as president of Evercore Wealth Management; he reports to the firm’s chief executive Jeff Maurer. Zander remains as the firm’s chief wealth and fiduciary advisor and the president of Evercore Trust Company. He joined Evercore Wealth Management as a founding partner in 2008, and is a member of the Evercore Wealth Management strategic planning committee and the firm’s investment decision-making body, the asset allocation committee.   

WealthVest, a firm distributing insurance firms’ products to wealth managers, hired Bradley Yoshida. Yoshida will cover the Arkansas/Tennessee area helping advisors with retirement planning using fixed and fixed index annuities. Yoshida has more than eight years of industry experience. Prior to his new role he was a regional vice president with Jackson National covering the greater Illinois area. He started as an internal wholesaler covering the wirehouse channel in New York City and then moved to the business development consultant role covering South Carolina and Florida in the independent channel. 

First Republic Bank, the New York-listed private bank, hired three wealth management professionals in Jackson, Wyoming. Jim Gersack was named managing director and wealth manager, and Rick Will was named vice president and wealth manager. Patrick Trucco was named MD and wealth advisor and will work with clients to develop comprehensive wealth strategies. Gersack, who has 21 years of wealth management experience, was previously president of First Western Trust in Jackson. Earlier in his career, he worked for Bank of America and First Interstate Wealth Management. He began his career in 1997 at Sanford C Bernstein & Co. in San Francisco.

Integrated Financial Partners, a US RIA, appointed Brad Tedrick, Jeremy Gottlieb, Saleah Hewitt, Brian Dawahare and Jay Dortch to join its teams, along with 12 recent additions to the firm.

 

Of the recent dozen recruits, nine came from the independent broker-delaer channel, two from the fee-only RIA community and one from the wirehouse realm.

Heidrick & Struggles, the US-based executive search firm, appointed three senior figures. 

Jenni Hibbert named global practice managing partner in the financial services practice. Since 2017, she has been the regional practice managing partner for financial services in Europe and Africa and previously led the UK financial services practice. She succeeds David Boehmer who will remain a partner in the financial services and financial technology practices.

Dan Ryan became regional leader for the Americas and will work with the firm's senior management and office leaders. He oversees major client accounts as the global head of strategic accounts. Previously, Ryan was a partner in the financial services practice and led the New York office. Ryan succeeded Michael Cullen who continues as chief operating officer, with overall responsibility for IT, marketing, practice and regional search operations. Stephen Schwanhausser became global practice managing partner of the consumer markets practice. Prior to this, he was the co-MP for the global consumer products sector and earlier led that sector in the Americas. He concentrates on CEO and board director recruitment for Fortune 500 and private companies and equity-backed growth organizations. He took over from Tom Snyder who remains as a partner in the consumer markets and CEO on the board of directors practices.

CIBC Private Wealth Management, part of Toronto-listed CIBC, named Tricia Bannan, CFA, as head of equities. In this newly-created role, Banan oversees $15.1 billion of equity assets across the firm's investment platform. Bannan brings more than 35 years of experience in financial services to her role. Prior to joining CIBC Private Wealth Management, Bannan was with Evergreen Investments, where she managed large-core portfolios for the mutual fund and wealth channels and was head of the Large-Cap Core Growth Team. She began her career in 1982 at Phoenix Investment Counsel, where she served in analytical, portfolio management and leadership roles.

RBC Wealth Management, promoted Reva Shakkottai to lead the Manhattan Beach branch in California. She is senior vice president - financial advisor and senior portfolio manager - Portfolio Focus. She also continues to work with the Specialized Strategies Group, which resides in RBC’s Century City office. Shakkotai has more than 20 years of experience in financial services, spending the past decade at RBC Wealth Management. She is a Chartered Financial Analyst® and a member of the CFA Institute and CFA Society Los Angeles, and is also the portfolio manager for her team.

Rockefeller Capital Management appointed Timothy D O’Hara as president of the organization’s multi-family office. O’Hara previously led Ayco, the family office and wealth planning unit of Goldman Sachs. He worked there from January 2013 to February last year. O’Hara first joined the firm in 1996 as a client advisor in the Ayco Family Office, and took on a number of roles of rising seniority. He has a JD from Albany Law School and is a Certified Public Accountant.

Cresset Capital Management appointed Bill Rudnick as general counsel. Rudnick most recently served as a partner with DLA Piper. Rudnick and DLA Piper have been working with Chicago-based Cresset since its inception in 2017. He has experience of counseling entrepreneurs on such matters as growth strategy, corporate and family governance, structuring, strategic planning, succession planning and technology. 

US law firm Shearman & Sterling has appointed private client specialist Anna Salek who joins its New York office.

Salek will advise high net worth individuals, family offices and foundations, both in the US and abroad. Her practice is focused primarily on representing high net worth individuals and their family offices and foundations, trusts and estates and tax planning matters.

Prior to this, she worked as a partner in the trusts and estates practice of Kirkland & Ellis in New York and was previously at Skadden, Arps, Slate, Meagher & Flom LLP.

International law firm Withers appointed a “significant” new team of corporate, income tax and estate planning attorneys to join its US practice, which the firm said is a specific focus for strategic growth in 2019. Partners Charles Kolstad and S Eva Wolf and associate Kim Jackson joined the firm in Los Angeles from Mitchell Silberberg & Knupp. Kolstad advises on international, corporate and partnership tax issues and tax controversy cases.

The law firm expanded its West Coast presence since it opened a Los Angeles office in 2015, hiring a large team from McKenna Long & Aldridge and other firms. Los Angeles-based partner Elizabeth Bawden, estate and charitable gift planning attorney, and Counsel Paul Sczudlo, cross-border and entertainment tax planning attorney, work alongside the new team, as do similarly focused colleagues across California, the US and Withers' international office network.