A round-up of moves in global wealth management during October.

UK, Switzerland, Europe

Sanlam UK appointed Justine Colley as portfolio manager to its London office. She reports to Charlie Parker, head of portfolio management. Colley joined from European Wealth, where she spent the last year managing the South African desk as well as managing solutions for discretionary and advisory managed clients. Prior to this, she was a wealth manager at Tilney.

Barclays appointed Steve Klemme as head of Middle East for its private bank and overseas services. He has over 30 years’ experience leading Middle East regional teams for global financial institutions. Klemme and his teams based in Dubai, Switzerland and London develop and strengthen relationships with Middle Eastern high net worth and ultra-high net worth clients through the delivery of bespoke advice and solutions and access to corporate and investment banking products and services.

ABN AMRO appointed Henrietta Baldock to the supervisory board of ABN AMRO Group and ABN AMRO Bank. Annemieke Roobeek resigned from the supervisory board. Baldock was until recently chairman of European financial institutions investment banking at Bank of America Merrill Lynch, based in London.

PricewaterhouseCoopers appointed Fiona Carpenter as a partner in its UK financial services tax practice. She leads the firm’s alternative asset management practice throughout Europe, the Middle East and Africa. Carpenter has 20 years’ experience helping alternative managers and funds with tax structuring and compliance. She joined from EY, and was previously chief financial officer for TT International, a boutique asset manager, from 2010 to 2013.

Vannin Capital, a global dispute resolution funding business, appointed David Collins as group chief financial officer. Collins joined from Prudential, where he held a number of senior roles across finance, risk and group strategy including managing director of the group chief executive’s office and director of investor relations. He has spent the last three years in the US, building a risk management function for Prudential’s US subsidiary Jackson National Life.

UK financial services firm Tilney appointed Andrew Tompson to its London office. Tompson was hired as a business development manager, and are responsible for focusing on the London to the south coast region. He joined from Turpin Baker Armstrong, where he was a qualified independent financial advisor as well as taking on a role of business development. 

Lombard Odier Investment Managers appointed Robert Schlichting as head of institutional sales for Germany and Austria, and Frank Stefes as head of third party distribution sales for Germany and Austria. Schlichting joined from Deutsche Asset Management, where he was head of institutional sales, Germany. He reports to Jonathan Clenshaw, Lombard Odier IM’s head of institutional sales for Europe. He previously held positions with Neuberger Berman, Schroders, BlackRock, Merrill Lynch Investment Managers and JP Morgan Asset Management. Stefes has been with Lombard Odier IM since 2010 and has overseen the firm’s business development in Germany and Austria over the last seven years. Frank reports to Martin Thommen, head of third party distribution sales for Europe.

Alternative asset and corporate administration services provider SANNE appointed Paul Watson as global director of change management. Watson is based in SANNE’s global headquarters in Jersey. He spent 19 years with the HSBC group, where he spent time in Bermuda, London, Isle of Man and the Channel Islands. Watson spent the past four years at HSBC Bank of Bermuda as the programme director for the bank’s financial crime compliance programme. In his new role, Watson works with SANNE’s chief operating officer, Eric Watson and senior managing director, Philip Godley, to drive forward its global change agenda, and to further strengthen SANNE’s integrated business strategy.

B Capital, the venture capital firm backed by a Facebook founder, Eduardo Saverin, appointed a new chairman, Howard L Morgan. Morgan, who was an executive at Renaissance Technologies, the hedge fund group, is also co-founder of First Round Capital, a VC firm. The firm also named Joe Davis, chairman of the Boston Consulting Group’s North American operations, as vice chairman; hired Allen Duan as an operating partner; and named Rohit Bhagat as a senior advisor.

Wells Fargo Asset Management appointed Dan Morris as global head of portfolio solutions within the multi-asset solutions team. Morris reports to Nicolaas Marais, president of WFAM and head of multi-asset solutions. Based in London, Morris joined from Schroders, where he was head of US portfolio solutions. Other joiners were Martijn De Vree and Frank Cooke, who reports to Morris. De Vree joined from Insight Investment, where he was a senior solutions expert, and Cooke joined from Mercer in Hong Kong, where he served as a senior investment consultant. In July, Jonathon Hobbs joined the firm from BlackRock as head of US portfolio solutions and also reports to Morris. De Vree and Cooke will be based in London, and Hobbs is based in San Francisco.

HarbourVest Partners, a global private markets asset manager, appointed Simon Jennings as a managing director. Based in London, Jennings focuses on business development with distribution partners in Europe and Asia to help their private wealth clients achieve their private markets objectives. He has nearly 30 years of experience in the financial sector. Prior to joining HarbourVest, he was the global head of private equity at HSBC, where he was responsible for creating, structuring, and accessing private equity investment opportunities for private and institutional clients.

UK wealth manager Brewin Dolphin appointed Ebru Smith as divisional director of portfolio management at its Reigate office. Smith leads the portfolio management team in Reigate to develop investment strategy and identify new investment paths. She has more than 20 years of experience in the wealth management field, having worked for Schroders, Reliance Mutual Insurance Society Limited and, most recently, at Duncan Lawrie Private Banking.

SANNE, a provider of alternative asset and corporate administration services, appointed Stuart Harris as director of global facilities. Based in London, Harris is responsible for leading the operations of all aspects of facilities for SANNE – including the delivery of efficiencies and supporting the strengthening of SANNE’s service delivery. He also manages the global facilities team as well as develop and maintain relationships with key stakeholders and contractors. Harris has 30 years of experience that has included the management of multi-million pound facility and real estate schemes, and M&A projects across Europe, the Middle East, Africa and the UK.

UK wealth manager Brewin Dolphin promoted financial planner Tom Miller as head of the company’s office in Bristol. Miller has been with Brewin Dolphin since 2012 and has over 11 years’ experience in financial services, focusing on understanding individual client needs and helping to manage their wealth. Miller is supported by Alex Barrell, who has stepped down from the head of office role, and the team in Bristol.

Crestbridge hired Gunther Thumann to its Jersey Management Company (ManCo). Thumann joined as an advisor, concentrating on developing the Jersey ManCo from a strategic perspective. He was recently appointed as the chairman of Jersey Finance and has previously worked as chief executive and chairman of the board of Brevan Howard Capital Management.

Fairstone, the UK chartered financial planning firm, named Sheriden Davy as group compliance director, with effect from January 2018. With over 15 years’ experience in the financial services industry, Sheriden has held senior roles at Intrinsic, True Potential and Blackrock. Sheriden joined the team as successor to group operations director, John Ripley, who retired in early 2018 after nine years at the helm of Fairstone’s risk and compliance function. John will manage a phased handover with Sheriden between January and March 2018.

M&G Investments appointed Giuseppe Caltabiano as head of its UK direct-to-consumer business in December. He joined M&G from the MeDirect Group, where he was group head of wealth products, and leads the wealth management business line of MeDirect Bank, a digital-only bank and wealth manager. Caltabiano reports to William Nott, chief executive of M&G Securities.

Asset management firm Jupiter appointed Charlie Spelina as a US credit analyst, relocating from New York to London to join the team. Spelina, who has over ten years of investment experience in the US and UK, helps to build out the team’s US credit expertise. He spent the last ten years at BlueBay Asset Management, most recently in the US, first as a trader and then as a corporate credit analyst with a focus on European and US industrial sectors, a position he has held for five years.

Legg Mason, the global asset manager, promoted Joe O'Donnell to head of wealth management, distribution and investment trusts. He reports to Alexander Barry, head of UK sales. O'Donnell joined the firm in 2007 from Barclays Wealth, having spent nearly eight years there as a portfolio manager. Prior to that, he held various senior positions at Rensburg Sheppards, which is now Investec Wealth and Investment Management.

Investec Wealth & Investment appointed Lucy Grier as business development director of its Reigate, Surrey office. Grier is responsible for growing IW&I’s discretionary fund management (DFM) business through independent financial advisors in the region.

Financial services firm Northern Trust appointed Andrew Brown as head of relationship management for global fund services (GFS) in the UK. Brown is responsible for Northern Trust’s relationship management and client service delivery management teams, who lead the engagement and support of Northern Trust’s range of asset manager clients. He reports to Laurence Everitt, head of GFS in the UK. He started his career at Baring Brothers & Co and later joined International Fund Managers UK, which was acquired by Northern Trust in 2005. He joined from a short term consultancy role with Tesco Pensions Investments. Prior to this, he worked for Aviva Investors as director of global fund services.

After 34 years managing the GAM UK Diversified and the GAM Global Diversified funds, Andrew Green stepped down as lead portfolio manager at the end of the year, GAM. Green continues to manage a few select mandates and will also provide advice and support to GAM equity teams in the new role of director of global equities strategy. Chris Morrison and Adrian Gosden from 1 January co-manage the GAM UK Diversified fund. Gosden joined GAM in September with 20 years’ investment experience. Morrison has been working as an investment manager, supporting Green for the past seven years. He has 12 years’ investment experience. On the same date, Ali Miremadi took over management of the GAM Global Diversified fund. Miremadi has 23 years’ investment experience and joined GAM in 2016 from THS Partners, a global equity investment firm.

Raymond James opened a new London branch which is headed by former Charles Stanley investment manager Edward Rust. Rust spent five years at Charles Stanley as a senior investment manager. Prior to Charles Stanley, he worked at Brewin Dolphin for 20 years prior to that.

LJ Partnership, the London-headquartered private wealth partnership, promoted Mark Veale to the role of managing director of its expanding Isle of Man trust & administration team. Two further new roles were created in the Isle of Man operation as part of the expansion of Veale’s team. Adam Greenwood was appointed as finance director and Sophia Birchall as head of compliance. Both these new roles will be predominantly Isle of Man-based. Veale has over 20 years’ experience in the financial services, fiduciary management and administration sectors, spending the past 17 years specialising in the offshore fiduciary sector. Prior to joining LJ Partnership, he headed up the trust operation of independent firm Kreston in the Isle of Man. Greenwood has substantial financial accounting experience in banking and trust and administration and was previously chief finance officer and company secretary at ICM Group on the Isle of Man. Prior to her appointment at LJ Partnership, Birchall was head of compliance at Northern Wychwood Trust, an independent trust and administration business based on the Isle of Man.

Law firm Penningtons Manches promoted Rachel Donald, a family lawyer in its private wealth group, to partner. Donald joined Penningtons Manches in January this year. As part of Penningtons Manches’ private wealth group, she works closely with the firm’s private client team to assist clients.

Mark Sumner, director of supervision and risk at the Jersey Financial Services Commission, the regulator in the jurisdiction, is retiring at the end of April, 2018. His move comes after a 26-year banking career in Jersey and in the UK. Sumner joined the JFSC in 2003. He started as a project manager and subsequently helped form what became the banking division, of which he was appointed director in 2004.

The chief financial officer at Notenstein La Roche, the Swiss private bank, became its new chief executive, as CEO Adrian Kuenzi stepped down after spending six years at the helm. Patrick Fuerer joined the bank as CFO and chief operating officer in July.

Lombard International Assurance, a wealth structuring solutions provider for high-net-worth individuals, appointed Nicolas Demarest as branch manager of its Belgium operation. Based in Brussels, Demarest is responsible for sales and business development across the Belgian market.

Lockhart Capital Management hired Julie Paterson as a client services executive. She joined from Tilney, where she worked for over 12 years. Paterson is based in Lockhart’s Aberdeen office, reporting to founding partner Bryan Innes.

Aviva Investors appointed Mike Craston as non-executive director, effective immediately. Craston was appointed chairman of the board of Aviva Investors Holdings Limited, effective 17 November. His appointment has been approved by the Financial Conduct Authority. He succeeded John Misslebrook, who retired from the board in November having served as chairman of AIHL since January 2014. As chairman, Craston is a member of the risk, audit and remuneration committees. He has also been appointed chairman of the nomination committee. Craston was a member of the Aviva Investors executive committee between January 2016 and June 2017.

UBS made three hires for its global emerging markets team in London. Said Nassar was appointed as relationship manager for Middle East and North Africa; Daniel Crafford was hired as relationship manager for South Africa; and Duygu Baydur was appointed as investment advisor for Turkey. Nassar further develops the firm's ultra-high net worth relationships in the MENA region, particularly in Saudi Arabia. He brought with him 12 years of wealth management experience gained at Citigroup and, most recently, Barclays. Crafford focuses on building the firm's operations with UHNW clients. He has more than 10 years of wealth management experience, and joined from Standard Chartered, having previously worked at Credit Suisse and Investec. Baydur joined UBS after spending 11 years at Citigroup, where she was most recently an investment specialist for UHNW clients in its private bank, based in London.

Northern Trust appointed Herman Prummel as country head of the Netherlands. Prummel succeeded Wim van Ooijen who was appointed to lead Northern Trust’s business activities in Switzerland in addition to his existing role as head of Northern Trust’s German office. Prummel is based in Amsterdam; he joined Northern Trust from BlackRock where he was chief operating officer for the Netherlands, Nordics and Isle of Man regions. 

EQ Investors, the boutique wealth manager led by John Spiers, appointed Mark Howlett as executive director. Howlett previously worked for Broadstone Corporate Benefits, where he was chief executive. Prior to that, he led the private client and corporate benefits divisions of BDO Investment Management. His background and experience spans wealth management, pensions and employee benefits, and he has over 25 years of expertise in senior executive positions.

YFM Equity Partners appointed Steve Harrison as portfolio director. Based in the Leeds office, Harrison is focused on actively managing YFM’s growth and buy-out investments as part of the portfolio team led by David Bell. With over 19 years’ industry experience, Harrison joined from Santander Corporate Bank, where he was a director in Santander’s growth capital team for five years.

Schroders appointed Frank Thormann as portfolio manager of its global equities team. Thormann joined Schroders from Frankfurt-based Union Investment where he was a global portfolio manager. Before joining Union Investment in 2008, Frank worked at American Century Investments in Kansas City, US, where he was a multi-industry analyst for the American Century Ultra Fund, as well as for the AC Select Equity Fund.

Capita, a provider of business process management and integrated professional support service solutions, appointed Jonathan Lewis as chief executive. Nick Greatorex, group finance director, continues to lead the company as interim CEO until 30 November. Lewis was most recently CEO of Amec Foster Wheeler until its acquisition by John Wood Group.

PricewaterhouseCoopers appointed Olwyn Alexander as its global wealth and asset management leader. She is the first woman and first Irish person to hold the role. Alexander represented the asset and wealth management teams globally including those in Europe, Middle East and Africa, the Americas and Asia-Pacific. She has more than 23 years' experience in the financial services sector. She has worked in the investment management, alternatives and financial services industries in Ireland, the UK, the US and Asia.

Nomura appointed Mark Yassin as executive chairman of Middle East & North Africa (MENA) region. In this role, Yassin is responsible for developing client relationships and driving the growth of Nomura’s wholesale operations across the MENA. He is based in Dubai and reports to Yasuo Kashiwagi, executive chairman of Europe, Middle East and Africa, and Charles Pitts-Tucker, head of investment banking of EMEA. The new hire has 30 years of banking experience, and was most recently with National Bank of Abu Dhabi, where he was co-head of global wholesale banking and head of global banking and a member of NBAD’s executive committee.

The Bank of NT Butterfield & Son appointed Meroe Park as non-executive director of its board. Park was most recently the executive director of the United States Central Intelligence Agency (CIA), serving as the agency’s chief operating officer in its most senior career post. 

Emerging markets boutique APQ Global appointed a number of senior figures to its international advisory council, intensifying a focus on Middle East countries and global currency markets. Al-Wadhah Al-Adawi joined the London-based firm. He most recently was a senior vice president and portfolio manager for emerging markets in Latin America and Europe, Middle East and Europe at Harvard Management Company. He has more than 16 years’ experience. From 2008 to 2012 he was an equities portfolio manager at GLG Partners in London. He was previously an emerging markets proprietary trader at Morgan Stanley.

Ken Veksler, another joiner for the team, has two decades of experience working in the foreign exchange inter-bank market and asset management sector, working for a range of major banks as a market maker and proprietary trader. Most recently, Veksler spent three years at Saxo Bank in Denmark and explored other opportunities in Russia. He is director and chief investment officer for London-based boutique asset management and foreign exchange consultancy, Accumen Management, which he established in 2011.

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Brompton Asset Management appointed David Hedderwick. Hedderwick was formerly a senior director at Stanhope Capital, the private investment office. He is responsible for the monitoring and analysis of funds across a broad range of asset classes within Brompton’s investment team.

Trust, fund and corporate services provider Crestbridge appointed Anke Jager as director within its corporate services division in Luxembourg, and has promoted Ludivine Nicolai to director. In her new role, Jager is responsible for overseeing and growing Crestbridge’s business in Luxembourg. She has 12 years' experience within Luxembourg's financial services industry.  Prior to joining Crestbridge, Jager worked at Aztec, a corporate and fund administrator in Luxembourg, where she was also a member of the board.

Pacific Asset Management appointed Paul McLernon as its chief operating officer and Ben Sears as head of UK advisor strategy. PAM, the asset management arm of Sir John Beckwith’s Pacific Investments Group, also launched the Pacific North of South EM All Cap Equity fund. McLernon, who starts in early November, joined from Pensato Capital , the equity long/short manager, where he was COO and equity partner. Prior to joining Pensato, Paul spent 13 years at Goldman Sachs, where he was part of the prime brokerage and equity finance trading business. Sears, who started in late September, joins from Shore Capital having previously worked alongside Matt Lamb for eight years at GAM. He will spearhead PAM’s expansion into the UK market.

St James’s Place appointed Dave Ingham as an associate partner in its office in Leeds. Ingham was previously vice president and head of the North region at Barclays Wealth, and was with Barclays for over 16 years. Prior to Barclays, which he joined in 2000, he briefly worked at WH Ireland as a compliance analyst.

UK-headquartered Allianz Global Investors, the active investment manager, announced that George McKay, the firm’s co-head, chief operating officer and global head of distribution, was to step down from executive responsibilities in April 2018 to take on a non-executive vice chairman role. 

The firm named Karen Prooth as its new global COO, joining from BlackRock, the US-listed asset management giant, where she has worked for the past decade, most recently as global platform head for exchange-traded funds & index investments. She also worked for JP Morgan Asset Management. McKay has been with AllianzGI for 11 years, starting out as head of operations across Asia-Pacific, before becoming COO in 2012. In 2016 he joined Andreas Utermann as co-head of the firm, while remaining COO and taking on the responsibility of global distribution. From 1 April, McKay will take on the non-executive role of vice chair of AllianzGI. Elizabeth Corley, currently vice chair, will continue as a senior advisor.

Ross Jennings was appointed head, sales and relationship management, RBC Wealth Management – International. In this role, he leads the team of relationship managers in the UK and Channel Islands. Jennings joined the Toronto-listed banking group in 2010. He has been a member of the sales and relationship management committee since 2015. John Younger was appointed head, client and business development, RBC Wealth Management - International. Younger has more than 25 years of industry experience, including 19 years with RBC in wealth management and capital markets. In this role he will lead the execution of client acquisition and business growth for RBC Wealth Management - International.

Barclays Private Bank & Overseas Services appointed Andre Portelli as head of strategic solutions group and private assets. 

Mirabaud Asset Management appointed Thomas Jägeras senior portfolio manager in charge of Swiss equities. Jäger, who has 15 years of experience in the finance sector, joined Mirabaud Asset Management from St.Galler Kantonalbank, where he was responsible for following the industrial and healthcare sectors.

BNP Paribas Asset Management, the investment management arm of BNP Paribas, further expanded its reach into Germany’s exchange-traded fund and indexed fund market, appointing Chris Hofmann as senior sales manager for German-speaking clients.  He is based in Munich. With more than ten years' experience in ETF’s, Hofmann started out in 2006 as an ETF specialist at Lyxor Asset Management, working there within the German sales and marketing team. Reporting to Claus Hecher, head of development in Germany, Austria and Switzerland, Hofmann is responsible for expanding the distribution of index-linked products to investors, with particular attention paid to the BNP Paribas "easy range" of ETF’s. 

Schroders appointed Marc Micoud and Gilles Cozma as market intelligence managers. Micoud joined from BlackRock, while Cozma has arrived from Franklin Templeton. Both will report to Sasha Miller, head of market intelligence. Prior to this Micoud was most recently director in BlackRock’s corporate strategy and development team for Europe, the Middle East and Africa. Cozma has over 10 years of fund research experience covering emerging markets, European and Japanese funds across multiple asset classes. While at Franklin Templeton, Gilles was a senior research analyst in its multi-asset team.

Julius Baer appointed Peter Casanova as a buy-side analyst, for a role involving covering insurance and investment banks. Casanova covered banks and insurance at Kepler Chevreux for the last three years. Previous roles included stock research at Bank Sarasin & Cie. Other roles have been at Luzerner Kantonalbank, Bank Vontobel, UBS and Deutsche Bank.

Indosuez Wealth Management Group, the global wealth management business line of Crédit Agricole Group, appointed Sebastian Graewert as head of the Dubai representative office of CA Indosuez (Switzerland) SA. Grawert has held a number of senior roles in the financial services sector. He spent 14 years with Credit Suisse working in London, Zurich and Dubai focusing on investment banking services for the UHNW wealth management clients. He then joined UBS in Dubai as the head of the representative office before moving to Singapore as cluster head for the MENA region out of Asia. He will report to Francois Farjallah, Indosuez Wealth Management’s global head of the Middle East.

LGT Vestra appointed Valentina Tacchino as head of international. Tacchino is building an international team and strengthen cooperation with LGT international offices. Tacchino joined LGT Vestra from Kleinwort Benson, where she spent five years setting up and developing the international team looking after UK-resident non-domiciled clients, as well as international clients. Prior to Kleinwort Benson,Valentina spent seven years at the London office of Clariden Leu, where she was head of the UK-resident non-domiciled team. Valentina joined Clariden Leu from Schroders Private Banking, where she spent 11 years.

Walker Crips shuffled its managerial line up. The UK wealth manager promoted Glenn Cooper to group chief operating officer, replacing Sean Lam, who recently succeeded Rodney FitzGerald as chief executive officer. Dominic Martin was promoted to managing director of Walker Crips Wealth Management, and Wendy Eastwood has been named managing director of Walker Crips' pensions unit. Don Formhals and Valentina Kang were given expanded roles. Formhals, formerly finance director for the firm's York branch, became finance and operations director for the office. Kang's quality assurance role was extended to quality assurance director.

Sasfin Wealth, the South Africa-based wealth manager, named SIPP Investments founder Erol Zeki as its new chief executive, taking the reins from Michael Sassoon. Zeki has 17 years' experience in the industry and has held numerous CEO positions. Sassoon continues to serve as an executive director of Sasfin Holdings, the firm's parent group, and board member of Sasfin Wealth.

EFG International appointed a new chief executive to replace Joachim Straehle, who retired at the end of the end of this year. The new CEO is Giorgio Pradelli, who has been chief financial officer. Succeeding him in the CFO spot, meanwhile, is Dimitris Politis. The future deputy chief executive is Renato Cohn.

International law firm Ogier appointed Victoria Grogan as counsel and probate manager in Jersey. Grogan is an international will and probate specialist with more than 10 years' experience in offshore practice and has a strong knowledge of Jersey law. With a background in complex succession planning and will drafting, Grogan’s particular expertise is in the administration of high net worth and multi-jurisdictional domiciled estates.

Tilney appointed Chris Woodhouse as chief executive. Woodhouse succeeded Peter Hall, who stepped down after spending seven years at Tilney. Hall became an advisor to investment firm Permira. Until February 2017, Woodhouse was CEO of UK motoring and financial services group RAC, a position he held for five years.  Woodhouse has previously held senior management roles at a number of well-known UK brands including deputy CEO and finance director of Debenhams and commercial director and deputy CEO of Homebase prior to its sale to GUS.

JP Morgan appointed Viswas Raghavan as chief executive of Europe, Middle East and Africa, as well as the head of banking for the region’s corporate and investment bank. He is based in London, and oversees the coordination of several of the bank’s EMEA businesses including the asset management operation and the private banking division, which is run by EMEA private banking CEO Pablo Garnica, as well as the corporate and investment banking operation. Before being appointed to his current role, he was head of global equity capital markets at JP Morgan. Prior to that, Raghavan was head of JP Morgan’s debt and equity capital markets' businesses for Europe and Asia. 

Sarah Whitley, partner and head of the Japanese equities team, and Stephen Rodger and Ken Barker, both partners within Baillie Gifford’s fixed income area, stepped down. Whitley is the longest standing partner within Baillie Gifford, having spent 37 years with the firm, and has managed the Baillie Gifford Japan Trust since 2001. Following her retirement Matthew Brett took over as lead portfolio manager, supported by Praveen Kumar as deputy portfolio manager. Matthew Brett also continued to manage the Baillie Gifford Japanese Fund.  Donald Farquharson assumed Whitley's responsibilities as head of the Japanese team and continue to manage the Japan growth strategy.

Rodger retired after over 17 years with the firm. Gregory Turnbull Schwartz assumed lead responsibility for all investment grade portfolios and Robert Baltzer continued as head of high yield.  Torcail Stewart remained manager on the Baillie Gifford Corporate Bond Fund, which he has co-managed alongside Rodger since 2010. Barker also stepped down after spending 16 years with Baillie Gifford. He joined as a fixed income investment manager before moving to the clients department in 2007 to focus on fixed income client service.

LGM Investments, BMO Global Asset Management’s specialist emerging markets manager, promoted Anders Anker Heegaard to portfolio manager. Heegaard is responsible for co-managing the BMO LGM Asian Smaller Companies and BMO LGM Asian Growth and Income funds. Anders was previously an analyst in the team, a role he held since he joined LGM Investments in 2014. Before this he was an analyst at BLS Capital Management. Gokce Bulut joined the firm as an analyst, replacing Heegaard in his previous role. Bulut joins from First State Investments, where he worked as an investment analyst.

Switzerland-headquartered [TAG|Schroder Adveq"> Schroder Adveq[/TAG], the private equity specialist and wholly-owned subsidiary of UK-listed Schroders, appointed Reto Schwager as its new chief executive, taking over from Sven Liden at the start of next year. On an interim basis, Stephen Mills, Schroder Adveq executive chairman, will perform Liden’s responsibilities. Previously, Schwager was at the financial services group Orix Corporation where he was global head of private equity at Robeco and member of the executive committee of Robeco SAM. Prior to that he was a partner and member of the executive board at Partners Group. Before that, he was chairman of AIG Investment (Europe). Schwager is based in Zurich and reports to Mills.

International corporate, private client and funds firm Hawksford appointed Darren Kelland as global head of private client to lead and further develop the strategic direction of its private client division. Kelland is responsible for a team based across Jersey and Asia. He has more than 13 years’ experience working with private clients and family offices. Before joining Hawksford, Darren was head of private wealth in Jersey at Intertrust (formerly Elian and Ogier FS) having previously held the role of director and head of the family office team, which he established in 2010. 

Legal & General Investment Management (LGIM) has named Stephen Message as manager of the L&G UK Equity Income Fund, with £268 million($356 million) in assets under management. 

Withers, the international law firm, appointed Tracy Evlogidis as head of immigration in London. She previously led the immigration teams at Morgan, Lewis & Bockius and other firms in the UK capital. Evlogidis practised in the immigration law field for more than 18 years and has been listed by Chambers and Legal 500 as a leading individual in this sector. 

Wren Investment Office, the investment office for ultra-high net worth families and individuals, appointed Edward Tollemache as client relationship director. Tollemache joined from Sandaire Investment Office where he was a client relationship director. 

Calastone, the global funds transaction network, appointed Henning Swabey as managing director and head of continental Europe. Swabey joined from Royal Bank of Canada. He is responsible for defining and implementing the European business development strategy, and will build and manage a growing sales team across continental Europe.

UK-based Round Hill Capital, a specialist real estate investment, development and asset management firm, appointed Alex James as a managing director and head of capital markets, based in London. With ten years of experience in capital markets, having raised capital for joint venture investments into global real estate, James joins from Hines, a real estate investor, where he was a managing director in the capital markets group. Part of the team that built up Hines’ investor relationships in Europe, James led the structuring and implementation of new real estate private equity funds. He started his real estate career at Lehman Brothers within the Real Estate Finance team. 

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JP Morgan's private bank named Jean Casey head of investments for its emerging markets team. Based in London, he develops and leads a team of investment advisors - who the bank refers to as “investors” - driving investment strategies and advising ultra-high net worth clients on protecting, managing and growing their wealth. Casey works with Elena Griffin, the firm's head of emerging markets.

Casey joined from Edmond de Rothschild, where he was managing director and head of investments for Europe. In this role, he was responsible for all investment activity across the region, and managed an international team of 35 investment professionals. Prior to that, he served as a partner at a London multi-family office, and was head of investment advisory for Barclays' international private bank earlier in his career.

Macquarie Capital, the corporate advisory, capital markets and principal investment arm of Macquarie Group, appointed Matthew Taylor as head of business services and Henry Elphick as a senior consultant to its European business. Taylor reports to Jacques Callaghan, senior managing director and Hugh Briggs, head of Macquarie Capital Europe’s capital and principal solutions group. He joined from DC Advisory, with more than 10 years’ experience executing complex cross-border transactions in a range of businesses and services. 

Elphick was previously joint head of European healthcare investment banking at Jefferies, with nearly 20 years’ experience advising healthcare companies on mergers and acquisitions and capital raising, across healthcare services, medical technology and private equity. In addition to his role with Macquarie, Elphick is also chief executive of LaingBuisson, the UK’s healthcare market intelligence provider.

Deutsche Bank Wealth Management appointed two senior advisors to its Russian and Eastern European (REE) operation. Vasiliy Sofiyskiy joined as head of the key clients team in Zurich. He reports to the head of wealth management REE, Loïc Voide. Sofiyskiy has more than 25 years of investment practice in Russia, the US and Switzerland. He had senior positions at Cantor Fitzgerald in New York and London, Sberbank in Moscow and recently Credit Suisse in Zurich and Moscow. 

Anastasia Borel leads the team for Russian and Eastern European clients in Luxembourg. Borel has been in banking for 15 years and held several senior positions in private banking in Russia and Luxembourg. She headed private banking operations at Raiffeisenbank Russia and most recently at ING Bank in Luxembourg.

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Asia-Pacific moves for October, 2017
Macquarie appointed Glenn Stevens as an independent director. Stevens has held a number of senior roles at Reserve Bank of Australia for 20 years, rising to the pinnacle of governor between 2006 and 2016. Separately, after 25 years of service, Stephen Allen, Macquarie’s chief risk officer and head of risk management group, said he intended to retire. Effective 1 January 2018, Macquarie’s chief financial officer and head of financial management group (FMG), Patrick Upfold, took over from Allen in the CRO and head of RMG roles. Alex Harvey, global head of principal transactions in Macquarie Capital, succeeded Upfold as chief financial officer and head of FMG and will join the executive committee. Harvey joined Macquarie in 1999.

HSBC Private Banking named two market heads into its North Asia team, working via Singapore. The joiners were Alfred Low, market head, North Asia ex-Hong Kong. Yi Mun Tse was named market head, Hong Kong, HSBC Private Banking. The duo replaced Tim Yu who formerly oversaw North Asia including Hong Kong from Singapore. Both market heads are responsible for new business development and executing HSBC Singapore’s private banking strategy in their respective markets. They report to the Head of HSBC Private Banking, South East Asia and Chingyee Yau, co-head of HSBC Private Banking, North Asia, who is based in Hong Kong.

Ho Hern Shin, executive director of the Monetary Authority of Singapore's insurance department, was appointed as assistant managing director of banking and insurance.  She took over the position from Chua Kim Leng, who requested to relinquish his current role to take up an advisory position. Chua was appointed as special advisor of the financial supervision group. 

Loo Siew Yee, executive director of the MAS' banking department, was named assistant managing director of policy, risk and surveillance. She took the reins from Wong Nai Seng, who left the MAS to pursue other interests. The regulator also appointed Tan Yeow Seng as chief cyber-security officer – a newly-created role. His responsibilities include setting cyber resiliency standards and overseeing their implementation. Tan holds this position alongside his role as executive director of technology risk and payments.

Following news that Bassam Salem retired as regional head of Citi Private Bank  for Asia, the US bank said Steven Lo, a 26-year veteran of the lender, had taken over his role. Lo is based in Hong Kong, and reports jointly to Peter Charrington, global head of Citi Private Bank, and Francisco Aristeguieta, CEO of Citi Asia Pacific. An experienced private banker covering clients in North America, Canada, Hong Kong, Thailand, South Korea and the Philippines, Lo joined Citi Private Bank 26 years ago as an ultra-high net worth banker Vancouver, focusing on clients in North America and Asia.

Indosuez Wealth Management appointed three senior relationship managers and a product specialist in Hong Kong and Singapore. Andrew Cheng was named managing director in Hong Kong, reporting to Piera Au-Yeung, team head and deputy chief executive of the Hong Kong branch. Cheng worked previously at ANZ Private Bank and Bank Julius Baer in Hong Kong, having gained over a decade of private banking experience in the Greater China region.

Amy Yeung was appointed senior director in Hong Kong, reporting also to Piera Au-Yeung, team head and deputy chief executive of the Hong Kong branch. Before taking on this role, Amy was with ANZ Private Bank and ABN AMRO Private Bank in Hong Kong for over 10 years as a senior private banker. 

Qays Koh was appointed director in Singapore, reporting to Michael Yeo, team head and senior director of the Singapore branch. Qays joined Indosuez Wealth Management from ABN AMRO Private Bank and Standard Chartered Bank in Singapore, bringing with him more than 10 years of private banking experience.

Separately, Teresa Hui was appointed fixed income advisor in Hong Kong, reporting to Arjan De Boer, head of markets and investments and structuring, Asia. Being a fixed income specialist, she has more than 10 years’ experience in advising targeted investment solutions to high-net-worth and ultra high-net-worth clients and private bankers alike. Prior to her role at Indosuez Wealth Management, she worked for Edmond De Rothschild in Hong Kong.

Indosuez Wealth Management in Singapore also appointed Vignesh Ravindran as a senior banker. He has more than 15 years of rich and diverse experience, having held a variety of roles across the financial services sector. Prior to Indosuez Wealth Management, Ravindran advised clients at Westpac Singapore and Standard Chartered Singapore, following a long stint with one of India's leading capital market companies. An Engineer by training, he holds a Master in Business Administration in Marketing and Finance.

Among other NRI-related hires, Indosuez WM also recently appointed senior relationship managers such as Akhila Narayanan (previously from Coutts Private Bank), Balaji Dhaks`hinamoorthy (previously from ABN Amro Private Bank) and Abhineet Kalra (previously from HSBC Private Bank). These senior bankers report to managing director and team head, Shiladitya Choudhuri.

Deutsche Bank Wealth Management appointed Wee Teck Tay as director, head of private markets Asia-Pacific, and John Lilley as director, funds solutions specialist APAC. Based in Singapore, Tay reported to Lavanya Chari, head of global products & solutions APAC and Michael Isikow, global head of private markets. Tay has 20 years of industry experience in investment banking and asset management. He spent the previous nine years on sourcing, structuring and managing customised, unique and exclusive private equity and real estate opportunities for private banking clients of Standard Chartered Bank and Bank of Singapore. Also based in Singapore, Lilley reports to Joyce Ngan, head of funds solutions APAC. Lilley joined from Taurus family office, where he was head of client investments. Prior to Taurus, Lilley was with Citi Private Bank.

The former regional head of alternative investments at HSBC Private Banking joined Australia-based Longreach Alternatives as managing director. Joining the firm is Sam Edwards, who left HSBC in July after spending almost four years at the Hong Kong/UK-listed bank. At HSBC he had been head of discretionary wealth management services.

The Australian wealth business called Crestone, formed when the UBS business in the country was spun off in a management buyout, maintained the link with the Swiss banking giant by hiring Scott Haslam as chief investment officer. Haslem took up the role to replace Dr David Sokulsky. Most recently, Haslem was most recently managing director and chief economist, head of macro research, for Australia and New Zealand at UBS. Prior to joining UBS, Haslem spent seven years working for the Reserve Bank of Australia, primarily in the economic activity and forecasting section.

B Capital, the venture capital firm backed by a Facebook founder, Eduardo Saverin, appointed a new chairman, Howard L Morgan. Morgan, who was an executive at Renaissance Technologies, the hedge fund group, is also co-founder of First Round Capital, a VC firm. The firm also named Joe Davis, chairman of the Boston Consulting Group’s North American operations, as vice chairman; hired Allen Duan as an operating partner; and named Rohit Bhagat as a senior advisor.

Asia-based venture firm Cocoon Capital appointed Martin Roll as external senior advisor. Roll is the chief executive of Martin Roll Company and has more than 25 years of board and C-suite counselling experience. He teaches MBA, EMBA and Executive Education programmes at Nanyang Business School (Singapore), and is a frequent guest lecturer at INSEAD and other business schools, the firm said in a statement. 

HarbourVest Partners, a global private markets asset manager, appointed Simon Jennings as a managing director. Based in London, Jennings concentrates on business development with distribution partners in Europe and Asia to help their private wealth clients achieve their private markets objectives. He has nearly 30 years of experience in the financial sector. Prior to joining HarbourVest, he was the global head of private equity at HSBC, where he was responsible for creating, structuring, and accessing private equity investment opportunities for private and institutional clients.
 
Hong Kong-based Odyssey Capital Group, which also has offices in Sydney, Vietnam and London, appointed Max Martirani, a former portfolio manager at the firm Symmetry Investments, to take on the role of asset management head. At Symmetry Martirani worked in areas such as Global macro, Asia, foreign exchange, interest rates, equities, commodities and options. Martirani left Symmetry early this year after working there for more than two years. Prior to this, he was an executive member and PM at Graham Capital for 3 years and portfolio manager at Citadel for 2 years.

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Germany-headquartered Allianz Global Investors appointed Philip Tso as head of institutional solutions for the Asia-Pacific region. Based in Hong Kong, Tso is mainly in charge of guiding AllianzGI’s strategy in the region. He also works with the Hong Kong institutional team to maintain senior client relationships.

HSBC appointed Jayant Rikhye as chief executive of its India operation, to replace Stuart Milne. He is also Asia-Pacific head of strategy and planning at HSBC. He first joined the firm in 1989. He has worked in a number of places for the bank including Taiwan, Hong Kong and the United Arab Emirates.

Australia and New Zealand Banking Group appointed Alisdair Creanor as the chief executive of Cambodia, reporting to Dennis Hussey, CEO for Vietnam and head of the Greater Mekong region. Creanor is based in Phnom Penh. The predecessor in the role, Leonie Lethbridge, left in June after having served just more than a year.

ANZ brought in the former prime minister of New Zealand, Sir John Key, to be its new chairman in 2018. John Judge, chair of ANZ Zealand retired, having held his existing post since July 2012. 
Global law firm Goodwin appointed partners Douglas Freeman and Victor Chen to its international private equity practice in the Hong Kong office.  Freeman and Chen developed an Asia-focused practice guiding private equity firms, investment banking firms, venture capital and institutional investors in connection with public and private M&A, securities offerings, financings, PIPEs and auctions in various industries.

Lombard Odier appointed one of the high-profile wealth management figures in Southeast Asia, Lee Wong, to the role of head of family services, Asia. She took over from a predecessor who has moved to a senior Tokyo-based role at the same firm. Wong reports to Vincent Magnenat, chief executive of Asia at Lombard Odier. Previously, Wong, who has more than 18 years of experience in the wealth management industry, worked at Union Bancaire Privée in Singapore, where she was head of wealth planning for South Asia.

Australia’s Federal Government appointed former Goldman Sachs banker James Shipton to replace Greg Medcraft as chairman of the Australian Securities and Investments Commission. Shipton has more than 20 years' experience to the corporate regulator after roles at Goldman Sachs as a managing director and head of government and regulatory affairs for Asia-Pacific. He was executive director of studies in international finance systems at Harvard Law School in the United States after serving as a commissioner at the Hong Kong Securities and Exchange Commission.

Fullerton Fund Management, the Singapore-based firm, appointed Jenny Sofian as chief executive, taking over from Manraj Sekhon who left in November last year. Sofian joined Amundi Singapore, where she spent more than 20 years. She was appointed the CEO and head of South Asia in November 2009, in charge of its Southeast Asian and Australian operations.

Sun Life hired Jeroen Simons as a director for high net worth client business development, having joined from Swiss Life Singapore, where he held a business development role. In total, Simons has more than 30 years’ industry experience. Simons is responsible for bringing to market a range of new local products being developed by Sun Life HK especially for HNW individuals.

Adele Yeo was appointed managing director, head of investment advisors, South Asia at Union Bancaire Privée, the private bank has confirmed to this publication. Yeo reports to Ranjit Khanna, head of South Asia at the Geneva-headquartered bank. Prior to UBP, Yeo worked at Citigroup, where she was equity sales director. Previous roles included equity sales at Credit Suisse and roles at JP Morgan and BNP Paribas.

Bonhams, the international auction house, appointed Jessica Zhang as its representative in mainland China. She is based in Beijing, tasked with building the Bonhams brand throughout the country. Zhang has a background in brand management and the marketing of luxury lifestyle. As managing director of Quintessentially China – a provider of tailored luxury services for high net-worth individuals – she established the business in China and was responsible for its branding, marketing and strategic planning. 

Leonteg, an independent technology and service provider for investment solutions, appointed the former chief executive of Julius Baer Asia to its board. Thomas Meier is an independent member of the board. Meier served as CEO Asia and a member of the executive board at Julius Baer from 2005 to 2015. He was also head of private wealth management and a member of the management board at Deutsche Bank (Luxembourg) and, prior to that, served as CEO of North Asia at Credit Suisse.

PricewaterhouseCoopers appointed Olwyn Alexander as its global wealth and asset management leader. She is the first woman and first Irish person to hold the role. Alexander represents the asset and wealth management teams globally including those in Europe, Middle East and Africa, the Americas and Asia-Pacific. She has more than 23 years' experience in the financial services sector. She has worked in the investment management, alternatives and financial services industries in Ireland, the UK, the US and Asia.

HSBC appointed John Flint, head of retail banking and wealth management, to be the new chief executive officer, taking over from Stuart Gulliver. HSBC’s board approved Flint’s appointment after the arrival of new chairman Mark Tucker last week.

Nomura appointed Mark Yassin as executive chairman of Middle East & North Africa (MENA) region. In this role, Yassin is responsible for developing client relationships and driving the growth of Nomura’s wholesale operations across the MENA. He is based in Dubai and reports to Yasuo Kashiwagi, executive chairman of Europe, Middle East and Africa, and Charles Pitts-Tucker, head of investment banking of EMEA. The new hire has 30 years of banking experience, and was most recently with National Bank of Abu Dhabi, where he was co-head of global wholesale banking and head of global banking and a member of NBAD’s executive committee.

The trust, corporate and fund services company ZEDRA appointed Jacqueline Shek and Stella Tong as executive director for trust services and executive director for family offices, respectively. Both individuals work out of Hong Kong. Shek, a private client and trust lawyer, has worked in tax, trust and private wealth structuring for over 18 years; she has worked with families, professional advisors, banks and trustee companies in setting up, administering, restructuring and defending private trust and charitable arrangements for Asian families. Prior to her new role, Shek was global head of legal for a bank-owned private trust business and previously a partner in a major international law firm in Hong Kong, ZEDRA said.

Tong, a lawyer with 30 years of experience in private client work and corporate advisory and structuring. As a former corporate banker, she has advised clients on project financing. As a wealth management consultant, she has assisted private clients, delivering structuring solutions across corporate, commercial, trusts and private wealth planning environments. Prior to joining, Tong was a partner of a Hong Kong law firm and a Hong Kong/PRC joint venture law firm based in China, where she was responsible for developing their trust and fiduciary business.

DBS Bank today appointed a new chief economist, Taimur Baig, who took up the role to replace David Carbon, who retired. Baig has almost 20 years’ experience covering the Asia region. His areas of specialty include international finance, macro risk spill-over, exchange rate and fixed income analytics and forecasting, the economics of financial crisis, and demographics. Baig reports to Timothy Wong, managing director and head of DBS Group Research. Previously, Taimur was the principal economist at the Economic Policy Group at the Monetary Authority of Singapore. He had previously spent nearly a decade at Deutsche Bank’s Singapore office, where his last position was MD and chief economist, Asia. He joined Deutsche Bank as chief economist for India and ASEAN in 2007.

Deutsche Asset Management appointed Alex Prout as head of Asia-Pacific for Deutsche Asset Management. He is based in Hong Kong. Prout reports to Nicolas Moreau, chair and head of Deutsche Asset Management, as well as Thorsten Michalik, head of the global client group for Europe, Middle East and Africa and APAC. He joined from Morgan Stanley Investment Management, where most recently he was chief operating officer for global sales and distribution. Prior to that, he worked at Invesco Asset Management and Merrill Lynch Investment Managers. He has spent much of his career in Hong Kong and Tokyo.

Insurance and risk management firm Chubb, which provides services for clients including high net worth individuals, made senior managers in general and life insurance roles in Asia. 

Cunqiang Li was named chief operating officer of Chubb Life, the company's international life insurance division. Li is chairman and chief executive of Huatai Life, a joint venture between Chubb and the Huatai Insurance Group in China. In his new position, Li is based in Hong Kong and focus on leading the day-to-day operations of Chubb Life's Asian life insurance entities, in addition to continuing to provide governance oversight to the operations of Huatai Life.  

The role sees Li reporting to Russell Bundschuh, senior vice president, Chubb Group and President, Chubb Life. Li has more than 25 years of insurance industry experience. Li joined Beijing-based Huatai Life in 2012 as CEO and president and was named chairman and CEO in 2016. Kevin Goulding has been named president of combined insurance, the company's agency and worksite-based personal accident and supplemental health insurance company. Having been regional president, Asia-Pacific, of Chubb Life, Goulding will be responsible for all management aspects of this business, which has operations in the
US and Canada. He is based in Chicago and reports to Ed Clancy, executive vice president of Chubb Group, Global Accident & Health and Life.  

Goulding has more than 25 years of insurance industry experience. He was appointed Regional President, Asia-Pacific, of ACE Life in 2012, a position he retained after ACE acquired Chubb in 2016 and adopted the Chubb name globally. Prior to joining Chubb Life, Goulding was CEO of AIG China.

Brad Bennett was named regional president of the company's Far East operations in Japan. Currently SVP, Chubb Group and president, combined insurance, Bennett is responsible for the management and business results for all general insurance operations including property and casualty, accident and health, and personal lines. He is based in Tokyo and reports to Juan C Andrade, executive vice president, Chubb Group and president, overseas general insurance. Bennett has more than 30 years of insurance industry experience. He joined the company in 2012 as President of Combined Insurance after more than 17 years with AIG. He mainly worked in the Asia region.

Jeff Hager was named regional chief operating officer of the Pacific region in the US. Hager, who is regional president, Far East, provides management oversight for the regional underwriting and sales strategies in the seven branches of the region which include Los Angeles, San Francisco, Newport Beach, San Ramon, Seattle, Portland and Phoenix.  Hager is based in San Ramon, where he he also leads that branch, and reports to Jim Darling, regional executive officer for the Pacific region. Hager has more than 25 years of insurance industry experience in Asia and North America. In 2011, he joined ACE as Regional President, Far East, a position he retained after ACE acquired Chubb.

Chris Martin was been named COO of combined insurance. Martin is president of Chubb Workplace Benefits, the worksite division of combined insurance, and continued with these responsibilities.  He is based in Chicago and will report to Goulding. Martin has more than 20 years of insurance industry experience.  He joined combined insurance in 2011, bringing with him extensive experience in management and development of worksite-style businesses. Martin spent 17 years with Trustmark, where he helped build and lead the company's voluntary business unit.  

Northern Trust appointed Keishi Yamamoto to lead its asset management business in Japan. Yamamoto replaced Hidehiro Nakayama, who retired later in 2017 as current president and representative director. Reporting to John McCareins, managing director, Asia-Pacific at Northern Trust Asset Management, Yamamoto manages the continued growth and evolution of Northern Trust Asset Management’s business in Japan, and is responsible for sales, product development, client service and operational teams in Tokyo. Yamamoto has around 25 years of investment management experience. Prior to Northern Trust, he was head of pensions at Wellington Management Japan Pte. 

Adamas Finance Asia, an Asian investment company listed in London, appointed Dr Lee George Lam as a non-executive director. Dr Lam is chairman of Hong Kong Cyberport Management Company and the non-executive chairman of Macquarie Bank’s infrastructure and real assets business in the Hong Kong and ASEAN region. Dr Lam is also a member of the Hong Kong Special Administrative Region government's committee on innovation, technology and re-Industrialization, and other organisations Hong Kong.

Ashwin Jayaram joined Bank J Safra Sarasin in Singapore as a managing director, following his departure from Credit Suisse where he was a team head covering the non-resident Indian market. Prior to Credit Suisse, Jayaram spent six years at BSI as MD and team head. Also joining as of October from Bank of Singapore are Nakul Beri as MD and Divij Chopra who comes in as an executive director. Both were formerly with Barclays before the takeover of the Asia business by Bank of Singapore. All three report to Vinay Gandhi who joined the bank earlier this year from UBS as chief executive of the ultra-high net worth Asia division.

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North America

RBC Wealth Management hired the Dominello Investment Group to become part of its newly-opened Farmington, Connecticut office. The Dominello Investment Group is comprised of George Dominello, senior vice president and financial advisor, and his son William Dominello, senior vice president and financial advisor.  Another joiner was Vanessa Mason, senior registered client associate.

RBC Wealth Management US appointed Nate Angelo as head of wealth management consulting. In this role, Angelo leads a team focused on working with financial advisors and branch leaders to improve relationships with RBC Wealth Management's clients. Angelo spent 11 years with Russell Investments in Seattle.

RBC Wealth Management US appointed Michael Parker as head of advisor recruiting. RBC WM has been recruiting heavily across the US, and this is the latest of several managerial appointments over the last few weeks. Parker served as executive vice president and chief development officer at Hightower Advisors. In this role, he was responsible for driving revenue growth for the organization and was the architect of a management platform.

KPMG appointed James Liddy as chairman of KPMG's global financial services practice. Liddy has more than 35 years serving KPMG's global clients and has held various leadership positions within the firm. Most recently, he was Americas leader for global financial services and also served as a member of the global financial services leadership team. Liddy succeeded Jeremy Anderson, who led the practice since 2010. Liddy also serves as the US financial services line of business leader.

The Securities and Exchange Commission named Peter Driscoll director of its compliance inspections and examinations office. The office Driscoll leads is responsible for directing the SEC's National Examination Program, whose staff carry out examinations of registered investment advisors and companies, broker-dealers, self-regulatory organizations and transfer agents, among others. Driscoll had served as acting director of the SEC's compliance inspections and examinations office since January 2017.

Steward Partners Global Advisory - associated with Raymond James - brought in Morgan Stanley managers Timothy Davis, managing director and wealth manager, and Michaelyn Bortolotti, vice president and wealth manager, to its team in Boston. Davis led the firm called The Davis Executive Wealth Management Group. The Davis Executive Wealth Management Group specializes in assisting publicly traded corporations and their executive employees. At Morgan Stanley, the duo had managed around $200 million in client assets. Additionally, Michael Carilli, VP and senior registered client administrative manager, has joined from Fidelity. Year to date, Steward Partners has added more than $2.5 billion in recruited assets under management and 25 new wealth managers.

Citi Private Bank appointed Chris Klecka as a ultra-high net worth private banker. In this role, Klecka provides investment strategies for the firm’s Southwestern-based clients. He is based in Phoenix and reports to Kush Malhotra, regional market manager for Western Region – South. Prior to this role, Klecka served as a chief financial officer for a family office. He was previously was a private banker for Citi and US Trust.

Oppenheimer & Co, a wealth manager and investment bank hired three senior additions to its debt capital markets (DCM) business. The new hires are responsible for origination and structuring of new issue debt instruments. Kimberly Boulmetis has more than 20 years of experience; she joined from Incapital and Bernstein Global Wealth Management in the areas of investment management for high-net-worth individuals, families, foundations and endowments, and small to medium-sized businesses. Robert Fischer also joined from Incapital, where he served as head of origination. Fischer was previously a senior member of Bear Stearn's DCM and Global Liability Management Group. Sanjeev Khurana has more than 20 years of experience in private capital raising, institutional sales, origination and structuring. The new hires report to John Tonelli, head of DCM and syndication, and work under the direction of Peter Albano, global head of taxable fixed income.

Vannin Capital, a global dispute resolution funding business, appointed David Collins as group chief financial office. Collins joined from Prudential, where he held a number of senior roles across finance, risk and group strategy including managing director of the group chief executive’s office and director of investor relations.  

BNY Mellon Wealth Management appointed Sean Rourke as senior wealth director in Los Angeles, California. Rourke reports to Christopher Mone, president of the greater Los Angeles region. Prior to joining BNY Mellon Wealth Management, Rourke was a senior private client advisor with City National Bank for more than eleven years.

Wells Fargo Asset Management appointed Dan Morris as global head of portfolio solutions within the multi-asset solutions team. Morris reports to Nicolaas Marais, president of WFAM and head of multi-asset solutions, and will focus on designing solutions for clients that seek retirement income strategies, wealth preservation, and downside risk protection. Based in London, Morris previously worked at Schroders, where he was head of US portfolio solutions. Martijn De Vree and Frank Cooke joined the team; they report to Morris. De Vree joined from Insight Investment, where he was a senior solutions expert, and Cooke joined from Mercer in Hong Kong, where he served as a senior investment consultant.

Mercury Capital Advisors, the global placement agent specializing in private investments, opened a Seattle, Washington office. It is led by Brian Hanson, executive director, iFunds Distribution, who reports to Donal Mastrangelo, executive director and head of US iFunds Distribution.

Before Hanson joined Mercury was director of business development at Silver Creek Capital Management, an organization with $7 billion of assets under management, focused on the alternative assets space.  Previously, Hanson spent nine years at Quellos Group, an alternative fund of funds manager (purchased by BlackRock in 2007), on both the wealth and investment management sides of the business.
Signature Estate and Investment Advisors, the California-headquartered firm, promoted senior associate Kathleen Adams to partner. Adams specializes in financial planning for business owners and for the dentistry community. She offers financial planning, investment consulting, and retirement plan consulting. Adams has been an advisor at SEIA for five years, and previously served as an advisor with Waddell & Reed for over a decade.

Merrill Lynch appointed Jen Auerbach-Rodriguez as head of strategic growth markets, a newly-formed role. Auerbach-Rodriguez reports to Kirstin Hill, head of Merrill Lynch Wealth Management strategic performance. In this role, she focuses capturing market share and driving growth within the firm's traditionally underserved client segments, such as women, African-American, Hispanic, LGBT. She joined Merrill Lynch as a member of the listed options and futures strategy desk.

Signature Bank, a New York-based firm, appointed a new private client banking team. The team worked together at various financial institutions over the past decade. Indira Thomas-Maharaj, group director and senior vice president heads up a new five-person team based at the bank’s Midtown Manhattan private client banking office, located at 261 Madison Avenue. Maharaj has 17 years of experience within the banking sector. She recently served as senior vice president and director of middle market and business banking at Popular Community Bank in Manhattan. Joining Maharaj, in the role of vice president and associate group director were Gregory D’Orazio, Dustin Gash and Shiraz Kenny Mohammed. Also joining the firm is Andrea Smith, who was named senior client associate-officer.

BNY Mellon Wealth Management appointed Keith Franks as senior wealth manager in Winter Park, Florida. Franks reports to senior wealth manager and team leader, Sean Maguire, and is responsible for providing wealth and investment planning services for the firm’s clients in the Winter Park area.

Prior to joining BNY Mellon Wealth Management, Franks was vice president and family investment officer at GenSpring Family Offices for nine years.

Wilmington Trust promoted Patricia Farrell to group vice president and managing director of wealth advisory services for the Buffalo and Rochester markets. In her expanded role, Farrell is responsible for driving the expansion of wealth management services throughout Western New York. Farrell joined Wilmington Trust, part of the M&T Bank family, in 2014 as market leader for wealth advisory in the Buffalo area. She has more than 20 years of experience serving high net worth clients in the Buffalo, Rochester, and New York City markets. Previously, she was a senior vice president and private client advisor at US Trust in Manhattan, where she was also private banking team leader.

Atlantic Capital Bank, which has a private banking segment, appointed chief executive Douglas Williams as president of Atlantic Capital and Atlantic Capital Bank. Williams continues to serve as CEO. He took over from Michael Kramer, who resigned as president and chief operating officer of Atlantic Capital and Atlantic Capital Bank. Kramer also resigned from the board of directors of Atlantic Capital. In connection with Kramer’s resignation, the board of directors reduced the size of the board from 11 to 10, effective October 31.

Also, Richard Oglesby, current chief credit and risk management officer, became general banking division executive with responsibility for Atlanta corporate and private banking, Tennessee-Northwest Georgia community banking, commercial real estate finance, non-profit and small business banking, and regional corporate banking.  Joe DiNicolantonio continues to lead Atlantic Capital’s commercial, retail, mortgage, and private client businesses in the Tennessee-Northwest Georgia market and assumed responsibility for strategic leadership in the development of small businesses and consumer banking initiatives throughout the company.

Centana Growth Partners, a growth equity firm focused on the future of financial services, appointed Tom Davis as principal and Matthew Alfieri as vice president of its investment team. Prior to joining Centana, Davis spent nine years at General Atlantic where he focused on investments in the financial services sector. Alfieri joined from Goldman Sachs where he spent nine years, most recently as a vice president with the Principal Strategic investments team, where he invested in financial technology and enterprise technology companies.

Northern Trust appointed current president Michael O'Grady as chief executive. Chairman and previous CEO Frederick Waddell retired from that role, but remains as chairman, a role held since November 2009. 

As president of Northern Trust Corporation, a role he has held since January 1, 2017, O’Grady oversees the wealth management, corporate & institutional services and asset management businesses. Before joining Northern Trust in 2011, O’Grady served as a managing director in the financial institutions investment banking group at Bank of America Merrill Lynch.

PlainsCapital Bank hired two Houston-area wealth management figures for its private banking initiative in the greater Houston and Coastal Bend areas. The hires were Steve Schaller, CFA, and Jeff Horner, CFP, who joined as private bankers serving high net worth individual clients and family offices. Schaller has been named executive vice president and market manager, and Horner has been named senior vice president and wealth strategist. They report to Thomas Neville, executive vice president and head of private banking and wealth management for PlainsCapital. They are based in Houston. 

Schaller has 30 years of banking experience to his new role, including 16 years of portfolio management and investment experience in client management, asset allocation, investment program implementation and new business acquisition. He earned his Bachelor of Science and MBA degrees from Vanderbilt University. Horner has more than 15 years of experience providing customized wealth planning services to HNW individuals. He earned his Bachelor of Business Administration degree from Baylor University.

ILPA, an international trade association representing institutional investors in private equity, including family offices and foundations, retained head-hunter firm Arlington Partners International to find a new chief executive to take over from the interim CEO named to the job in July this year. Arlington is being used by the Institutional Limited Partners Association to find a person to fill the chief executive role on a permanent basis. In July, ILPA said Mike Mazzola had taken on the role of interim CEO, following the departure in June of Peter Freire. Mazzola, who had a 25-year career in the private equity industry, was also chairman of the ILPA Board from 2012-2015.

Wells Fargo & Company appointed Mike Roemer as chief compliance officer. Yvette Hollingsworth Clark was Wells Fargo’s chief compliance officer since 2012. In June, she accepted a new role as regulatory innovation officer and Kevin Oden, head of operational risk and compliance, assumed the additional role of Wells Fargo’s chief compliance officer while a search for a permanent replacement was underway. Roemer has been in the financial sector for 27 years, and most recently served as group head of compliance for Barclays. 

Roemer is responsible for oversight of all regulatory compliance risks for Wells Fargo. He reports to Mike Loughlin, Wells Fargo’s chief risk officer and head of corporate risk. Roemer joined Barclays in 2012 as head of internal audit.  Prior to Barclays, he was chief auditor at the CIT Group, where he reported directly to the board audit committee and had global responsibilities for the internal audit function. In addition, he spent 23 years at JP Morgan Chase and its predecessor organizations in various roles.

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Harvest Global Investments US (Harvest US), the Asian and Chinese markets specialist asset manager, appointed Regis Dale as chief executive. It also hired Angela Wang as vice president, business development.

Ryan Labs Asset Management (Ryan Labs), a member of the Sun Life Investment Management group, appointed Richard Familetti as president and chief investment officer. Familetti is responsible for developing the firm. He continues to lead the investments team. Sean McShea stepped down as president of Ryan Labs and will remain as an advisor with the firm until the end of 2017. The new CIO joined Ryan Labs in 2009, first as a portfolio manager specializing in corporate credit and fixed-income asset allocation, before assuming the role of director of asset management in 2013. He will report to Steve Peacher, president of Sun Life Investment Management. Also, the firm created a new management committee, which Familetti leads.

PricewaterhouseCoopers appointed Olwyn Alexander as leader of its global asset and wealth management unit. She is the first woman to hold the role. In her new role, Alexander represents the asset and wealth management teams globally, including those in Europe, Middle East and Africa, the Americas and Asia-Pacific. She has spent more than 23 years in the financial services sector.

Grant Thornton appointed Matthew Jessup as office managing partner for its Cincinnati office. In this role, Jessup is responsible for developing Grant Thornton’s business opportunities and relationships in the Cincinnati area. Jessup assumed the role of Cincinnati office managing partner from Bob Taylor, who recently transitioned to a new role as the firm’s national audit practice leader. 

Having previously served as Grant Thornton’s audit practice leader for the Cincinnati office, Jessup has extensive experience in audits of public and private, multi-national companies as well as mergers and acquisitions, and debt and equity offerings for public corporations. He has worked at the firm for more than 15 years.

SEI appointed David Hintz as US equity portfolio manager. Hintz joined with almost 30 years of experience in the financial services. He has been involved at SEI with developing a range of benchmark indexes and has experience in portfolio management selection. His career includes a tenure at both Russell Investments’ consulting group and Russell Investment’s funds management group. He reports to Jason Collins, global head of equity portfolio management within the investment management unit at SEI.

Dreyfus appointed Daniel Rabasco, Jeffrey Burger and Thomas Casey as the Dreyfus Municipal Bond Infrastructure Fund's primary portfolio managers. The firm continues to serve as the fund's investment manager and Standish Mellon Asset Management, continues to serve as the fund's sub-investment advisor. Rabasco, Burger and Casey have served as primary portfolio managers of the fund since its inception. Rabasco is the chief investment officer for tax sensitive fixed income at Standish. Burger is a senior portfolio manager for tax sensitive strategies at Standish. Casey is a senior portfolio manager for tax sensitive strategies at Standish.

Northern Trust appointed Roberta Ruddy as vice president and international relationship manager, for its San Diego, California office. Ruddy reports to Richard Martinez, senior vice president and team leader of international wealth advisory services in Houston, Texas. She has more than 25 years of experience in the financial industry. Prior to Northern Trust, she worked at Royal Bank of Canada as wealth management international director.

Cutter Associates appointed Gina McCafferty as principal. McCafferty worked at Cutter Associates from 1999 to 2011, the last five years heading up Cutter’s research activities. She left the firm in 2011 to join InvestIT, where she was a principal and head of research.

Raymond James recruited husband-and-wife financial advisors Marty and Jennifer Carroll to join its West Hartford, Connecticut office. Operating as Carroll Wealth Management Advisors of Raymond James, the duo specializes in wealth management for doctors, corporate executives, business owners and female investors. They joined from Merrill Lynch, where they managed some $160 million in client assets. Accompanying them is Jodi-Lynne Michaud, senior client service associate. 

Mr Carroll began his career with Merrill Lynch and subsequently spent more than 19 years there prior to joining Raymond James. He also served 11 years in the US Marine Corps. Mrs Carroll joined his team and the financial services world two years ago after spending 18 years in the non-profit sector.

BNY Mellon Wealth Management appointed Eric Schwarz senior wealth director based in Cleveland, Ohio. Schwarz focuses on business development, particularly with individuals, intergenerational wealth transfer, business owners and business transition strategies. He reports to Garrett Alton, managing director of business development in the central region, as well as Ron Ambrogio, president of Ohio.
Schwarz has more than 20 years of industry experience as a wealth manager, as well as his CFP designation. Previously, he was vice president and wealth management advisor at Fifth Third Private Bank. He also served as vice president, private client group at Bernstein Global Wealth Management.

Whitlock Wealth Management, a private wealth advisory practice of Ameriprise Financial Services, appointed Ben Hazekamp as client relations manager. At Whitlock Wealth Management, Hazekamp will be responsible for serving clients within the region.

US insurance firm Chubb appointed John Alfieri as executive vice president of North America major accounts, Peter Tucker as regional executive officer and Amy Feller as regional chief operating officer. They are all based in New York. Alfieri was regional executive officer for the New York region.  In his new role, Alfieri develops and implement strategies to deliver the firm’s risk management solutions to domestic and multinational companies, and oversees the broader North America field operations team. He also oversees Chubb’s network of client executives, and reports to Matthew Merna, chief operating officer for North America major accounts. 

Tucker takes on the regional executive officer role for Chubb’s New York region, focusing efforts on distribution management for the region, along with executing sales strategies for the North American business unit. He reports to Jerry Butler, division president of North America insurance. Prior to this role, Tucker served as the firm’s regional chief operating officer for the New York region. 

Amy Feller reports to Tucker as the new regional chief operating officer in New York and also assumes responsibility of the New York City branch. She works with Tucker in managing the overall strategy around underwriting, distribution and sales in the New York region. Feller has more than 25 years of insurance industry experience, having started at Chubb as a personal lines underwriter. 

Gryphon Investors, a San Francisco-based private equity firm, appointed Wes W Lucas as a partner, with responsibilities including co-leadership of the firm’s industrial growth group. Lucas has more than 30 years of experience in both the C-suites of global Fortune 500 corporations and private companies. Prior to joining Gryphon, he served as chief executive and board member of SIRVA, the worldwide relocation and moving company. Prior to this, Lucas served as chairman, CEO and president of Sun Chemical, the producer of printing inks and pigments. Gryphon Investors has managed over $2.6 billion of equity investments and capital since 1997. It closed its fourth private equity buyout fund, Gryphon IV, in November 2016 at $1.1 billion, and raised a $100 million captive mezzanine fund, Gryphon Mezzanine Partners, LP, in August.

US Trust, part of Bank of America, appointed William Jarvis to its new position of market strategy and delivery executive. He is based in New York and previously worked at Commonfund, where he was executive director of the Commonfund Institute. Over the course of his career, he has worked at JP Morgan, Greenwich Associates, and Davis Polk & Wardwell.

Advisors Asset Management appointed Daniel Courtney as managing director and head of national account management of its capital markets group. Based in Colorado, Courtney reports to John Radtke, managing director, executive vice president and head of capital markets. Courtney joined AAM with more than a decade of experience in national sales and business development at Genworth Financial and Resource America. 

Fiduciary Trust, a wealth manager and subsidiary of Franklin Templeton Investments, appointed David Bigelow as managing director and business development officer. Based in New York, he is responsible for building investment and trust relationships with individuals, families and foundations in the region. He has more than 25 years' experience in investment. He most recently worked at JP Morgan's private bank as a senior banker and executive director. 

Blueprint Capital Advisors, an investment firm, appointed John McAvoy as partner. McAvoy is involved in the execution of all investment activities and responsible for the firm’s strategic investments. He is also a member of the Blueprint investment committee. He has over 30 years of experience working in equity and debt capital markets and senior investment management roles. Previously, McAvoy was president of Asset Management Finance, a subsidiary of Credit Suisse and a market leader in making minority investments in established, high quality asset managers.

Grant Thornton named Craig Stanley as national managing principal of its financial services industry practice and he is based in New York. Stanley has worked in the sector for more than 20 years. He was most recently at EY, where he founded and led the financial services technology advisory practice at that business. Before that, he was a partner at Andersen Consulting, subsequently known as Accenture, where he held a number of senior consulting, practice leadership and client relationship partner roles.

Cougar Global Investments, an asset management affiliate of Carillon Tower Advisers, named Abdullah Sheikh as head of research. 

NMS Capital Advisors, a wealth management firm based in California, appointed Mitchell Avnet as chief executive. Avnet assumed CEO duties and position from Trevor Saliba, who remained with the firm as chairman. The new CEO is the founder and managing partner of Compliance Risk Concepts, a compliance consulting firm for broker dealers, registered investment advisors and hedge funds.

Boston Private appointed Chris Roy as managing director and senior business development officer. In this role, Roy is responsible for establishing new relationships with institutional and private clients. He reports to Scott Dell’Orfano, chief operating officer at Boston Private Wealth. He joined Boston Private from Windrose Advisors, where he led the client advisory group in advising endowments, foundations and families.

Baker Tilly Virchow Krause appointed Kephanie Landess as director of its consulting practice. Landess has over 23 years of human resources, enterprise resource planning, consulting and outsourcing experience.