People Moves
Who's Moving Where In Wealth Management? – Bank Of Hawaii, KKR
The latest moves and appointments in the North American wealth management sector.
Bank of Hawaii
Bank of
Hawaii has appointed Marco A Abbruzzese as vice chair and
senior executive director of its wealth management business.
Abbruzzese is responsible for overseeing the wealth management areas of Trust Services Group, Investment Services and The Private Bank at Bank of Hawaii, it said in a statement.
Over the past 30 years, Abbruzzese has served in several senior and executive leadership roles specializing in wealth management at Wells Fargo, Citigroup and Chase Manhattan. He spent 14 years at Wells Fargo, where his first job was regional manager in its wealth management group before being appointed regional MD overseeing its Washington, Oregon and Alaska wealth management markets.
A native of Oregon, Abbruzzese earned his bachelor’s degree in international affairs from Lewis & Clark College in Portland, and a master’s degree from Columbia University’s School of International & Public Affairs, where he specialized in international banking, finance and political economy in New York City.
KKR
KKR (aka Kohlberg Kravis
Roberts), the private equity giant, has appointed former venture
capital senior figure Matthew Cohler as an independent director,
taking the total to 12 out of a total of 16 board seats.
Cohler is a former general partner at the venture capital firm Benchmark where, for over a decade, he led early-stage investments in internet and software start-up businesses.
Other independent directors include Adriane Brown (managing partner of Flying Fish Partners), Mary Dillon (executive chair of Ulta Beauty), Joseph Grundfest (Stanford Law Professor and former Commissioner of the Securities and Exchange Commission), Arturo Gutiérrez (chief executive of Arca Continental, S.A.B. de C.V.), John Hess (director and CEO of Hess Corporation), Dane Holmes (co-founder, chairman and CEO of Eskalera), Xavier Niel (deputy chairman and chief strategy officer of Iliad SA), Patricia Russo (former CEO of Alcatel-Lucent), Thomas Schoewe (former chief financial officer of Wal-Mart), Robert Scully (former member of the Office of the Chairman of Morgan Stanley) and Evan Spiegel (co-founder and CEO of Snap).
