Here is a roundup of all the moves and appointments in the world's wealth management industry during April.

Switzerland
Thomas Mueller will step down from his position as chief financial officer at Bank J Safra Sarasin, the Swiss private bank confirmed. Mueller, who joined the bank in 2010, will leave at the end of September and hand over to Marcelo Szerman, head of corporate center and logistics and a fellow member of the bank's executive board. Mueller will also leave the boards of Bank J Safra Sarasin in Germany and Bank Zweiplus. In January, he became chairman of the Swiss Takeover Board, a federal commission overseeing compliance in public takeovers, according to its website.

EY Switzerland hired Oliver Blum as partner and head of mergers and acquisitions in legal services, replacing Jvo Grundler. Based in Zurich, Blum heads up the team that provides legal advisory and support services to buyers and vendors in the M&A space. He most recently headed the company law and M&A focus group at CMS Switzerland, where he was a partner.

Europe
Ogier promoted contentious trusts specialist Edward Mackereth to global managing partner and private wealth expert Steve Meiklejohn to global senior partner in Jersey. Mackereth, who is part of Ogier’s trust advisory group, continues his practice in trusts, regulatory, and commercial disputes. Meiklejohn advises trustees and private clients on estate planning, trust and fiduciary structures. Meanwhile, Nick Kershaw, stepped down as global managing partner, a role he held since 2009, to become chair of Ogier’s executive board.

Lombard Odier Investment Managers appointed Matthias Deutsch as sales manager for Germany and Austria. He was previously client service manager at Vontobel Asset Management, where he covered German institutional clients. In the newly-created role, he is based in Frankfurt, responsible for building the firm's relationships with banks, family offices, funds of funds, asset managers and fund platforms in Germany and Austria. He reports to Frank Stefes, head of sales – Germany and Austria.

Sanne Group, the provider of corporate, fund administration, reporting and fiduciary services, appointed Steve Sokić to the newly-created role of global head of private clients. He joined from RBC Wealth Management where he held senior leadership roles in Jersey, the Caribbean and Canada for more than 13 years. He is based in Jersey.

Frankfurt-headquartered alternative investment manager HQ Capital appointed Barbara Knoflach and Philipp Geller to its supervisory board. Knoflach is deputy chief executive and global head of investment management of BNP Paribas Real Estate. Geller is a partner at HQ Trust, where she oversees equity fund manager selection.
 
Deutsche Bank appointed Peter Hazlewood as global head of anti-financial crime and group money-laundering reporting officer, filling the role vacated by Ulrich Göres, who left the bank in January. For the past 28 years, Hazlewood has held several senior anti-crime positions at large financial institutions, including HSBC, JP Morgan, DBS and Standard Chartered. Based in Frankfurt, he reports to chief regulatory officer at Deutsche Bank.

Hawksford, the private client, corporate and funds business, promoted Rachel Keates, Cherith Fothergill and Marisa Ballantyne to associate directors in Jersey. Keates, part of the firm’s private client team, is in charge of the strategic operational development of the team and the company. Fothergil, who has developed the firm's profile in Asia, including the launch of its Hong Kong office, now leads the international marketing team’s coordination of campaigns. Ballantyne is responsible for the management of Hawksford’s learning and development function and strategy.

Hawksford also hired David Rimmer as client manager. He joined after 16 years at RBC Trust Company, where he was most recently client manager. In the new Jersey-based role, Rimmer focuses on business development for Hawksford’s private client and corporate teams

TMF Group hired André Nagelmaker as head of global governance services for its trust and corporate services division. He will assume the new role in June, joining from SGG Netherlands NV, where he has served as statutory director and chairman of the board. He will be based in Amsterdam.

As part of a raft of global appointments, investment research firm Morningstar appointed Javier Saenz de Cenzano leader of its cross-border practice, alongside Wing Chan in Hong Kong. De Cenzano, based in Madrid, oversees the manager research analyst teams in Europe, excluding the UK. Meanwhile, Thomas Lancereau is now chair of the firm's ratings committee that oversees the assignment of analyst ratings on strategies in Europe and Asia. He replaced Chris Traulsen in the role and is based in Paris.

Candriam Investors Group appointed Servaas Michielssens as a senior biotechnology analyst in Belgium to work on its Brussels-based biotech equity strategy. He previously spent two years at the Max Planck Institute in Germany.

Candriam also hired Andreas Wenk as head of global financial institutions. He joined from Itaú UK Asset Management, where he was head of Europe for wholesale and institutional. Based in Frankfurt, Wenk is responsible for the firm’s client relations with international wealth management institutions.

Juan Bosch and Mark Jordy were appointed to the board of trustees of Liechtenstein's LGT Group Foundation. They succeed Sir Ronal Grierson and Dr Dominik Koechlin, who passed away in 2014 and 2015 respectively. Bosch has served as director of investment funds at New York-based Tremblant Capital and co-founded the Argentinian affiliate of Compass Group, where he remains a member of the board of directors.

Julius Baer made five hires in Guernsey, including three former Credit Suisse executives. Craig Allen joined as head of portfolio management, Guernsey, having spent five years at Credit Suisse Guernsey as head of portfolio management for the UK, Channel Islands and Gibraltar. Jean-Luc Le Tocq, a chartered wealth manager joined, having previously served as Credit Suisse's head of relationship management and investment advisory in Guernsey. The third hire from Credit Suisse was Marie-Christine Potter, who spent the last 20 years in relationship management as a director at Credit Suisse Guernsey.

Andrea Sarchet-Luff was appointed to Julius Baer’s risk, legal and compliance team. She joined after 10 years with the Guernsey Financial Services Commission, where she was assistant director and acting deputy director within the banking and insurance division. Meanwhile, Iain Stables joined the bank as a director within the credit team, with a focus on Lombard and mortgage lending. He previously worked at the Bank of Butterfield Guernsey as European lending manager.

Amundi appointed Fannie Wurtz as managing director of the exchange-traded fund, indexing and smart beta business, a week after the appointment of Valérie Baudson as chief executive of subsidary CPR Asset Management. Baudson continues to serve as CEO of Amundi’s ETF, indexing and smart beta business with Wurtz’s support in her expanded role. Both are based in Paris.

CPR Asset Management also promoted Emmanuelle Court and Arnaud Faller respectively to deputy CEO heading business development and deputy CEO heading investments. Court had been head of sales of the firm since 2009. Faller, who joined CPR AM in 1993, has served as the firm's chief investment officer. Nadine Lamotte was confirmed as chief operating officer. She was previously deputy CEO of Etoile Gestion, another Amundi subsidiary, since 2010.

Grant Thornton, the audit, tax and advisory firm, appointed Adam Budworth as managing director. Based in Jersey, he replaced Dave Clark, who stepped down after 15 years in the role to concentrate on the firm's local business practice in Guernsey and Jersey. Cyril Swale also took up a new role as head of office in Guernsey.

Danske Bank appointed Tonny Thierry Andersen as head of its new wealth management unit. He has been head of Danske Bank’s personal banking unit since 2012 and will continue in this position until a replacement is found. Andersen joined the Copenhagen-headquartered bank in 1999.

Jörg Asmussen, the former state secretary at the German Federal Ministry of Labour and Social Affairs, joined Italy's Generali Investments as an independent director, replacing Antonella Baldino, who stepped down from the board of directors in April. Asmussen was state secretary at the German Federal Ministry of Labour and Social Affairs between 2013 and 2015.

Middle East
Centaur Holdings, the Dubai-headquartered investment group, appointed Peter Wane as group chief financial officer and Sebastian Sachse as group finance director. Wane previously worked at Deutsche Bank as finance director for the Middle East and North Africa. He took over from Nicolas Angio. Sachse previously worked at a private investment organisation in the Dubai International Financial Centre.

UK moves Boodle Hatfield, the law firm operating in areas such as private client work, promoted Rahul Thakrar, who works in the corporate team, to the status of partner.  

Edmond de Rothschild Asset Management appointed Annelie Fearon to its convertible bond team in London. Fearon previously worked at Cheyne Capital Management. She has 17 years of financial market experience.

Psigma Investment Management appointed Nathan Hull and Callum Ward to its business development team. Hull began his career at International Financial Data Services in 2010, where he liaised with advisors on behalf of a number of fund houses. In 2012, he joined Cofunds in an advior support role before joining the sales team. 

Julius Baer made four appointments to its front office management. Massimo Hilber, the bank's head of relationship since 2014, was appointed to lead the front office. Annabel Bosman and Robert Woodthorpe Browne joined as heads of relationship management. Browne was previously market head for England and a member of the management committee at Adam & Co, where he was responsible for a team of relationship managers, investment managers and financial planners. He has also worked at Coutts and BNP Paribas Fortis. In his new role, Browne will take charge of Julius Baer's Dublin office. 

Bosman joined Julius Baer as a senior relationship manager in November 2015 from Deutsche Bank, where she was a member of the senior management. Prior to that, she was an investment counsellor at Citi. Paul McCafferty, who joined Julius Baer at the beginning of this year from Barclays Wealth, now serves as deputy head of relationship management, joining Terry Gyorffy and Rajan Rattan in the role.
Switzerland-listed GAM appointed Tony Morton as a client manager within its UK regional distribution team. Morton was previously a regional sales manager at Coram Asset Management, covering the independent financial advisory and discretionary wholesale market in the North. He also held business development roles at Premier Asset Management and Fidelity Investments.

Psigma Investment Management hired UBS's head of charities, Andrew Wauchope. Wauchope joined after almost a decade of leading UBS's charity credentials. He took on a similar role at Psigma, reporting to chief executive, John Howard-Smith. He has 30 years of industry experience, having previously served charities and private clients at both Laing & Cruickshank and Gerrard Vivian Gray.

Psigma also appointed Susannah Green as senior investment associate, based in Edinburgh. Green re-joined Psigma, having previously spent two and a half years as a senior investment associate within its London office. She left the firm in September last year to join investment-writing agency Copylab. Green started her career with two and a half years at Brooks Macdonald. She works alongside director Richard Hyder and director David Robertson, who both joined Psigma's Edinburgh office this year, reporting to Tim Wishart. 

Ogier promoted contentious trusts specialist Edward Mackereth to global managing partner and private wealth expert Steve Meiklejohn to global senior partner in Jersey. Mackereth joined Ogier’s Jersey dispute resolution team in 2004. He first led the Jersey team and then the global dispute resolution team before stepping down last year to join the firm's executive board. He is also part of Ogier’s trust advisory group. He will continue his practice in trusts, regulatory, and commercial disputes. Meanwhile, Nick Kershaw stepped down as global managing partner, a role he held since 2009, to become chair of Ogier’s executive board. 

Saxo Bank appointed Jeff Zorek as chief operating officer of global sales, based in London. He reports to Matteo Cassina, global sales head at the firm. Zorek took on the newly-created role with 30 years' experience in financial services. This includes managing businesses in securities trading, high speed electronic execution, risk management, clearance, settlement and financing at firms such as Goldman Sachs, Lehman Brothers and, most recently, Nomura International. At Nomura, he was global co-head of prime brokerage. Zorek holds an MBA from Wharton School of Business.

Smith & Williamson welcomed back John Cooney from Ernst & Young as a partner. Based in London, Cooney re-joined the firm after 10 years as a partner at EY, where he advised entrepreneurs, entertainers, media clients and sports people on their private tax and business affairs. He previously served as head of corporate tax at Smith & Williamson.

Source appointed Matt Johnson to the new position of head of Europe, Middle East and Africa coverage. He previously worked at Nomura as managing director, EMEA head – equity flow derivative sales since 2014. Previously, he was managing director, global head of distribution at ETF Securities. He has also worked at Bank of America Merrill Lynch, Deutsche Bank, Morgan Stanley and JP Morgan Asset Management. Based in London, Johnson is responsible for managing and building Source’s sales infrastructure across the region. He reports to Julian Ide, Source’s chief executive.

Seven Investment Management appointed Phillip Bungey as its new chief operating officer, replacing Hazel Paton, who retired after nine years with the firm. Bungey was most recently COO at online discretionary investment manager Nutmeg, a role he held since 2014. Before 7IM was launched in 2002, he worked with the firm's co-founders, Tom Sheridan and Justin Urquhart Stewart, at Barclays Stockbrokers. He then held a director role at UBS before creating a new platform at Winterflood Securities.

Roderick Gentry, the chief executive of European Wealth resigned from the role and stepped down from the board of directors. Gentry has been a board director of the group since its launch in 2010. He has over 20 years’ experience in the wealth management industry, having also served as CEO of Ashcourt Asset Management. His resignation is effective at the end of April.

Liverpool-based Seneca Investment Managers appointed David Binnion as finance and operations manager, a newly-created position. Binnion most recently worked at Bibby Financial Services, having previously spent five years at Greenpark Capital before its takeover by Stepstone Group. In his new role, he is a senior member of Seneca's operations, finance and compliance team.

JHC Systems appointed Amir Hakim to the new position of head of wealth solutions. Hakim was previously head of product and sales at Societe Generale Securities Services. During his 20 years in the industry, he has also worked with several business process outsourcing providers across the UK, including BNY Mellon Pershing, BNP Paribas Securities Services and OMX Securities. He is based in London in the new role.

Hargreave Hale hired Nigel Rosner as an investment manager in London to look after the firm's private client mandates. Rosner joined from Charles Stanley where he was a private client advisor for over 20 years. He previously held roles at Raphael Zorn Hemsley, Société Générale and Guy Puckle Stockbrokers. 

Sanne Group appointed Steve Sokić from the Royal Bank of Canada to the newly-created role of global head of private clients. Sokić joined from RBC Wealth Management where he held senior leadership roles in Jersey, the Caribbean and Canada for more than 13 years, with responsibility for trust and fiduciary services. Most recently, he served as the firm's global head of UHNW (ultra-high net wort) Trust. Before RBC, Sokić spent a decade at Deloitte in Canada, covering international tax and trusts. He is based in Jersey.

Greg Davies, head of behavioural finance at Barclays, a role that has seen him become one of the most prominent figures in this evolving field, left the bank to create his own business in this area. Dr Davies was at the bank for the past 10 years. 

Aviva Investors cut around 20 staff from its fixed income, real estate and infrastructure teams. From the fixed income team, leavers included Sandeep Bhatia, senior corporate bond portfolio manager; John Hampton, head of sterling for investment grade credit; Anthony David, a global fixed income manager; and Tim Jagger, a senior portfolio manager for fixed income in Asia. Other departures included David Dahan, managing director within the infrastructure team; infrastructure investment specialist Keith Kelsall, and Phil Ellis, client portfolio director in the real estate team.

Ascot Lloyd hired Ian Balgarnie in the newly created role of chief business development director. Balgarnie joined from John Lamb Financial Planning, where he was head of private clients for two years. He previously spent four years at Baker Tilly Financial Services, which Towry acquired in 2007. He brings over 30 years of industry experience at a senior management level and as a financial planner, having also worked at Brown Shipley, Platinum Portfolio and Wesleyan Financial Services.

AXA Investment Managers appointed Michael Ganske as head of emerging markets fixed income, replacing Damien Buchet, who left the firm last summer. Based in London, Ganske joined from Rogge Global Partners, where he was partner and head of emerging markets. Previously, he served as managing director and divisional head of emerging market research at Commerzbank from 2007 to 2013. He held similar roles at Deka Investment and DWS Investments, part of Deutsche Bank Group. Ganske reports to Chris Iggo, the firm's chief investment officer, fixed income. 

Close Brothers Asset Management hired Paul Chester as Manchester practice director, a newly-created role. Previously, Chester led the launch of Arbuthnot Latham Private Bank's Northern-based office. He was also a partnership development manager for St James’s Place. 

Towry hired Amanda Cook as a financial planner and wealth manager within its Bournemouth office. Previously, Cook was a senior financial advisor and later life advisor at Money Wise IFA. For six years, she advised clients who are planning for or are in their later life. Cook also worked at Baker Davies as an independent financial advisor. 

Weatherbys Private Bank hired John Butters from Aspinalls Family Office as chief investment officer, a newly-created role. Butters was previously head of investment at London-based Aspinalls Family Office. He is experienced in investing across different asset classes, both directly and through selecting funds, and of advising charities and high net worth families on portfolio construction. Before joining Aspinalls in 2013, Butters was a strategist at UK asset manager Great Northern Advisors. He began his career at multi-family office Sandaire.

Campbell Fleming, Columbia Threadneedle Investments' chief executive for Europe, Middle East and Africa, and global chief operating officer, left the firm for London-listed Aberdeen Asset Management. Fleming, who joined Columbia Threadneedle six years ago, joined Aberdeen as global head of distribution, succeeding John Brett who stepped down from the role late last year. He reports to CEO, Martin Gilbert, and sits on Aberdeen’s group management board.

Close Brothers Asset Management appointed Hawksmoor's Daniel Constable as business development director to strengthen relationships with intermediaries across London and East Anglia. Constable, previously head of business development at Hawksmoor Investment Management, joined with 20 years of experience in financial services, mostly in roles facing independent financial advisors.

Fidelity International hired Bill McQuaker from Henderson Global Investors as portfolio manager within its multi-asset team, Fidelity Solutions, in the UK. McQuaker, who has over 30 years of investment experience, was previously co-head of multi-asset at Henderson Global Investors, managing the team’s flagship strategies and building a franchise for their business in the UK retail market.

Charles Stanley appointed Gerald Carey as investment manager in London. Carey joined the London-listed company from Brewin Dolphin where he spent 13 years as an investment manager. He previously also worked for GVG Capital and Gerrard Investment.

CityFinancial, a UK asset manager, appointed Stefan Garcia as global head of distribution, a new role. Prior to joining City Financial, Garcia was managing director and co-head of Europe, the Middle East and Africa at Source, an exchange traded products group that works with banks, from when it was founded in 2009. He previously also held the position as senior executive at ETF Securities. 

Aberdeen Asset Management appointed Martin Jennings to the newly-created role of head of digital. Jennings was previously chief executive, UK and Australia, of FNZ, a provider of wrap platform technology for the financial and wealth management sectors. Before that, he spent nine years at AXA, latterly as managing director at Elevate, the group's online investment platform for advisors.

BNY Mellon appointed Ileana Sodani as head of relationship development for its asset servicing business in Europe, the Middle East and Africa. Previously, she worked as chief relationship officer at the EMEA business of Pershing, part of BNY Mellon. She joined the group in New York back in 1991 and moved to its London office in 2000. In 2013, she became one of BNY Mellon’s global business executives for asset servicing. She also is EMEA executive sponsor of IMPACT, BNY Mellon’s resource group that focuses on workplace diversity and inclusion. In the newly-created position, Sodani remains in London. She reports jointly to Samir Pandiri, chief executive of asset servicing, and Hani Kablawi, CEO of asset servicing for EMEA.

James Fleming stepped down as chief executive ofArbuthnot Latham after four years at the helm, handing over to Ian Henderson. Fleming became CEO of the private bank in March 2012, having previously held various executive positions at Coutts & Co including head of international private banking. He stood down as a director of the London-listed Arbuthnot Banking Group but remains on the Arbuthnot Latham board in his new position as vice chairman. Henderson joined from Secure Trust Bank, also part of Arbuthnot Banking Group, where he was head of strategic business development and CEO of personal lending and mortgages. 

UK's Close Brothers Asset Management appointed Debbie Long as financial advisor within its Northwich, Cheshire office. Previously, Long worked at Skipton Financial Services. She also served as a financial advisor at Halifax for 11 years. In the newly-created role, Long reports to Craig Heath, the firm's Northwich practice director. 

It was announced that Tracey McDermott, the acting chief executive of the UK's Financial Conduct Authority, would leave the regulator when Andrew Bailey took the helm. McDermott became acting CEO in September last year, when Martin Wheatley stepped down after the UK government said the regulator needed “different leadership”. In January, she revealed she did not want the position full time. Later that month, Andrew Bailey, deputy governor for prudential regulation at the Bank of England, was appointed as the new CEO. McDermott, who joined the FCA's predecessor the Financial Services Authority in 2001, served as director of supervision and authorisations and, prior to that, director of enforcement and financial crime.

Jupiter Asset Management promoted Dermot Murphy to assistant fund manager to Ben Whitmore, whom he supports in the management of UK value-orientated strategies. Murphy spent the last two years as an equities analyst, supporting the Jupiter UK Special Situations Fund and the Jupiter Income Trust, which are both run by Whitmore. He previously worked at Fidelity.

Bordier & Cie hired Simon Skerratt-Williams from Aspinalls as head of wealth planning. Skerratt-Williams was previously a senior financial planner at Aspinalls. He has over 30 years of industry experience. He has also worked at stockbrokers Laurence Keen and Quilter Goodison, PricewaterhouseCoopers, investment manager Laing & Cruickshank, and the private banking units of Barclays, UBS and Merrill Lynch. 
The London-based role is a new one; Skerratt Williams reports to Bordier UK's chief executive, Jamie MacLeod.

Baring Asset Management appointed Brian Mangwiro as director of fixed income and currency research. Mangwiro joined last month from RBS Global Banking & Markets, where he was director of global FX desk strategy. In the new London-based role, he reports to Barings’ head of research, Nigel Sillis. 

Falcon Private Wealth London, a subsidiary of Switzerland’s Falcon Private Bank, appointed two relationship managers specifically targeting Africa, and named a head of relationship management for the overall client business. The RMs are Derek McKeown and Chris Curtis. McKeown previously held roles at HSBC, SG Hambros and, most recently, Standard Chartered. His latest role was focused on the southern Africa region. Curtis, who has more than 25 years of experience in the banking industry, most recently worked at Standard Chartered Bank, managing clients within Africa, especially West Africa. He has previously worked at Cater Allen Investment Management, Kleinwort Benson and Close Brothers. Maurice Keane, who is the relationship management head, previously worked at Barclays and Standard Chartered, where he held various senior management roles. He has more than 25 years of experience in corporate and private banking in Europe, Asia, Africa and the Middle East.

London-headquartered Misys appointed Mourad Ayachi as European head of professional services and Bob Kubala as regional sales manager, North America, within its investment management division. Ayachi joined from Murex, where he was programme director for Europe and North Africa. He started working at the firm in 1998 and was also a founding member of its professional services business. 

Jupiter Asset Management handed promotions to Katharine Dryer, Henry Richards, Hilary Blandy, Adam Darling and Joe Moxham.

Investec Wealth & Investment promoted Tom Street to the newly-created position of managing director in the UK. In other moves, Matt Beddall, Carl Cross and Richard Greenhalgh were appointed as heads of the firm's offices in Sheffield, Liverpool and Manchester, respectively.

Street, who previously led the firm's Sheffield office, is responsible for all client-facing areas, including financial planning and private office, as well as for research, investment risk, projects and marketing. He will reports to Investec W&I's chief executive, Jonathan Wragg. Succeeding Street as head of the Sheffield office was Beddall, a senior investment director. He worked in the office for more than 15 years, managing funds for the firm on behalf of individuals, trustees, charities and pension funds. Cross, a senior investment director, was appointed as head of the Liverpool office, taking over from Jon Seal, who was due to retire next year. 

Lastly, Greenhalgh, a senior investment director who has been with the firm since 2007, replaced Jonathan Quick at the helm of the Manchester office. Quick was due to retire later this year.

Investec Wealth & Investment hired Svenja Keller from UBS as a financial planning director. Keller was previously deputy head of financial planning, as well as head of paraplanning and administration, at UBS. She has 15 years of experience in financial services, having also held financial planning positions at PricewaterhouseCoopers and the John Lamb Partnership. She is based in Birmingham.

John Redpath, non-executive director at Mattioli Woods, retired after 10 years on the board. Redpath served on the board since the company's admission to London's AIM market in November 2005. He previously served as trustee at Percy Hedley and managing director at CPCR. 

Saffery Champness promoted four employees to partners across its offices in Harrogate, Bournemouth, London and Inverness. Sally Appleton, who joined the firm’s Harrogate office 11 years ago, specialises in landed estates and charities. David Chismon joined the Bournemouth office two years ago and is a member of the firm’s landed estates practice group, where he advises high net worth individuals and rural estates. Emma Hendron, who joined the London office’s tax department in 2010, specialises in private client tax advice. Coll Murchison-MacDonald, who joined the firm’s Inverness office in 2008, works with businesses and entrepreneurs across the Scottish Highlands and further afield. 

Mercer, the global consulting firm operating in fields including wealth management, appointed Robert Evans as principal in its retirement business. Evans is based in London for the newly-created role.

Geordie Kidston from UK-based JM Finn & Co died following an accident at home. Kidston had been head of research at the company since 2004. Previously, Kidston was chief investment officer at Neville Merriam.

Vestra Wealth hired Matthew Windows as a wealth manager within its recently opened Bristol office. Windows previously spent eight years as director and senior private banker at Barclays Wealth and Investment Management where he managed high net worth clients. Before Barclays, he worked at Rowan Dartington. Windows has also had a cricket career representing both Gloucestershire CCC and England.

Schroders hired James Lindsay-Fynn as a portfolio manager focusing on rates and currencies. Lindsay-Fynn joined from Rogge Global Partners where he was partner and global macro portfolio manager specialising in interest rates and currencies for global portfolios. As part of the firm's global multi-sector team in London, which includes six fund managers, Lindsay-Fynn reports to senior portfolio manager Paul Grainger.

Smith & Williamson Investment Management appointed Tim Rea as a partner, responsible for pooled fund sales. Rea joinse after eight years at Capital Group. There, he held a number of sales roles, including director of strategic partnerships. 

Standard Life Wealth hired Gair Brisbane from Brown Shipley as senior client portfolio manager in Edinburgh. Brisbane previously specialised in charity investment management at Brown Shipley Private Bank. Before that, he worked at Barclays Wealth and Investment Management, managing portfolios for both charity and private clients. He was also a regional director for the Royal Air Forces Association charity. Brisbane reports to Mike Connor, head of the firm's Edinburgh office.

Rowan Dartington boosted its equity research team with new head Gary Sunderland and three new analysts. Working under investment director Tim Cockerill, the equity research team is led by Sunderland. Sunderland was formerly private equity research manager at Charterhouse Capital Partners and has also spent nine years at Goldman Sachs. 

The new analysts, all based in London, are Jeremy Browne, Clementine Dymond and Andrew Wace. They respectively join from Fairfax, Whitefoord Wealth Management and AXA Investment Managers.

Hargreave Hale appointed Hazel Larkin as the new head of its Carlisle office. She replaced Marilyn Salkeld, who is to retire after more than 20 years with the firm. 

Cazenove Capital Management appointed Caspar Rock to the newly-created role of global chief investment officer. Rock, who has almost 30 years of industry experience, joined from Architas Multi Manager, AXA’s £20 billion ($28 billion) European retail multi-manager, where he was CIO. 

Artorius Wealth, whose founder and chief executive, Richard Algar, died earlier this year, appointed Ian Marsh to take over. Marsh was most recently a partner at multi-family office Stonehage Fleming. He formerly served as CEO of Fleming Family and Partners Asset Management and CEO of Credit Suisse Private Banking in the UK.

Steven Cohen’s Point72 Asset Management recruited Will Tovey from Barclays as head of its London office. Tovey, who was co-head of equity distribution for Barclays in Europe, joined Point72 as the investment firm returns to the UK after an absence of two years.

State Street Global Advisors hired Julian Harding from Legal & General as managing director and global head of core beta research. Harding previously worked at Legal & General Investment Management, where he was director, responsible for the index equity and fixed income portfolio management teams. He has 20 years of industry experience, having also held positions at First Quadrant, PricewaterhouseCoopers and Prolific Objective Asset Management. Based in London, Harding reports to Richard Hannam, SSGA's head of global equity beta solutions for Europe, the Middle East and Africa.

​Schroders appointed Courtney Waterman as head of marketing for Europe, the Middle East and Africa, and Peter Beckett as head of content and digital. Waterman joined from BlackRock, where she was head of EMEA institutional marketing. She has over 20 years’ experience in marketing for asset management companies, having also worked at Janus Capital International and Fidelity International.

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Americas

Golden State Wealth Management hired wealth manager Jason Diaz from Wells Fargo in Petaluma, CA. Diaz joined the team with six years of experience in financial services. He specializes in retirement, estate and tax planning, as well as 401(k) administration, business consulting and other areas of wealth management.

Envestnet appointed Luis Aguilar and Gayle Crowell to its board of directors and as members of the nominating and governance committee, and compensation committee, respectively. The firm also announced the resignation of Cynthia Egan from the board of directors and the pending retirement of Yves Sisteron when his term expires in May. In turn, it announced the appointment of Gregory Smith as chairman of the audit committee and James Fox as chairman of the compensation committee, to replace Egan.

Merrill Lynch Wealth Management appointed Racquel Oden as market executive of its Fifth Avenue coverage. Oden - previously head of advisor strategy and development - will report to Jeffrey Tucker, New York City metro division executive. Meanwhile, Cheri Lytle succeeded Oden as head of advisor strategy and development, reporting to Riley Etheridge, head of client segments and advisor development.

US-listed Citi appointed a new chief economist for Asia, recruiting Li-Gang Liu, who had previously held the role of chief economist, Greater China, at Australia and New Zealand Banking Group. Prior to ANZ, he held various research roles at the Hong Kong Monetary Authority, the Asian Development Bank Institute in Tokyo, and the World Bank and Peterson Institute for International Economics, both in Washington DC.

Tom Sagissor became president of RBC Wealth Management (US) – a new role at the firm. Sagissor will lead the day-to-day operations of the private client group, which includes nearly 1,900 advisors in 41 states. He will take on additional responsibilities as well, RBC said, reporting to the wealth management company’s current chief executive, John Taft.

Taft is retiring on May 31. RBC confirmed that a search for Taft’s successor is already underway. His replacement will report to Russell Goldsmith, chairman and CEO of City National Bank, which RBC bought in November last year. Goldsmith has since been leading both City National and RBC Wealth Management (US).

Sagissor currently manages RBC Wealth Management’s north-central region, with 500 financial advisors in 15 states. He also manages three New York-based business units that are operated jointly by RBC US Wealth Management and RBC Capital Markets: IMM (institutional middle-market fixed income business), EMM (equity middle-market business) and CES (corporate executive services). He will retain his current responsibilities for now, RBC said.

Citi Private Bank is combining its Northern California and Pacific Northwest regions into a single territorial area, under the leadership of Hoyt Gier, who is regional market manager of the US bank’s latter business. Gier will expand his management role to oversee the broader region as of April 11, the private bank said in a memo seen by this publication. He will continue to report to Halé Behzadi, global market leader of the US Western region, and will relocate to the bank’s San Francisco office, moving from Seattle, while continuing to spend considerable time in the Pacific Northwest.

Anchin, Block & Anchin appointed Jared Feldman as co-practice leader of Anchin Private Client, its private client group. Feldman - a partner and member of the firm's private client steering committee - joins Ehud Sadan as co-practice leader. Feldman provides accounting tax, advisory and family office services.

Oyster Consulting hired Ami Shah as a director as it establishes a presence in Houston, TX. Houston will be Oyster's 15th US location. The firm also has offices in Bermuda and Luxembourg. Shah has previously served as a legal counsel at broker-dealers and dually-registered firms. She also served as advisory chief compliance officer at Cetera Financial Group in California, overseeing some 4,400 investment advisory representatives with $36 billion in AuM across four RIAs.

Merrill Lynch recruited former Morgan Stanley advisors Jeremy Newton and Stephen Lamb in Houston, TX. Their team includes Sean McCullough and Laura Philmon - who also joined from Morgan Stanley - as well as John Yambao from Wells Fargo.

Stefanie Corbell, Christine Goertz and David Smith - also from Morgan Stanley – serve as client associates. The team – called the Newton Lamb Group - will report to Hong Ogle, managing director and market executive. Serving mostly high net worth clients and corporate service plans, Newton and Lamb had over $330 million in client AuM at their former firm last year.

Venable, the US law firm, boosted its wealth management practice in Washington, DC. The team consists of private wealth and tax lawyer Douglas Siegler, who joined the firm as a partner, as well as counsel Carolyn Vinson and associate Emily Plocki. They joined from Sutherland Asbill & Brennan.

Clear Rock Advisors set up shop as a full-service wealth management firm, with offices in Austin and Dallas, TX. Charles Hall, former director of private client services at the investment management firm Matterhorn Capital Management, will serve as chairman. Hall co-founded Clear Rock Advisors with two others: Ty Sanders, former director of institutional services at Matterhorn Capital, and Royce Medlin, former director of the capital advisory group at Lazard Asset Management. Sanders and Medlin will serve as chief executive and chief investment officer respectively.

Fidelity Investments assigned new roles to two of its senior leaders, and created a finance and brokerage operations team, as part of a planned executive transition at the firm. Gerard McGraw, currently president of Fidelity Institutional, was named chief financial officer of Fidelity and will lead the new finance and brokerage operations team. The move came as Alan Scheuer, Fidelity's CFO for the past nine years, is to retire at the end of the quarter. Meanwhile, Jeffrey Lagarce - currently president of Fidelity Institutional Asset Management – was named president of Fidelity Institutional, succeeding McGraw. He will report to Johnson and join Fidelity's operating committee.

Northern Trust Asset Management strengthened its outsourced chief investment officer business to support growth across its global family office, retirement and endowment and foundation segments. Lincoln Ellis was hired as a senior client investment officer for the global family office practice while the firm also added Jessica Hart and Dan Kutliroff to its retirement practice as leader and as a senior sales specialist respectively.

Hart, who has worked at Northern Trust for 16 years, will lead a team that manages $60 billion in global multi-asset programs for defined benefit pensions and defined contribution retirement plans. She succeeded John McCareins, who was appointed to lead asset management in the Asia-Pacific region.

Related to the new hires, Northern Trust said John Keshner, who has served as practice lead for both endowment and foundation and global family office clients, will focus solely on the E&F segment going forward, while Mark Maly will lead the global family office advisory practice. Additionally, Paul Partington will expand his role as a senior client investment officer to include both E&F and GFO clients.

Mary Haut was named as president and chief executive of Acadia Trust, Camden National Corporation's wealth management subsidiary. Haut will be based in Portland and lead all the firm's investment and trust services throughout Maine and New England. She joined from Citizens Private Bank, where she was senior vice president and market executive for the state of Massachusetts. Before that, she was senior vice president and division executive of the company's wealth management arm. Her additional experience includes senior wealth management roles at FleetBoston and Bank Boston (now Bank of America). It is unclear if Haut replaced anyone in this role or if it is a newly-created position.

Dynasty Financial Partners, which works with independent financial advisors, expanded its international business, recruiting Javier Rivero as senior vice president of its global division, based in Coral Gables, FL. Rivero will oversee all matters related to the international business, which includes working with the firm's existing network advisors on international opportunities, collaborating with the business development team when profiling new teams, and overseeing transition and relationship management for all teams with an international focus. Rivero was previously president at Brickell Global Markets, a bank-owned broker-dealer working with clients in Latin America and the US. Between 2011 and 2014 he was a vice president and complex administrative manager at Merrill Lynch Wealth Management in Miami, FL.

Meanwhile, in related news, Miguel Sosa left Merrill Lynch to launch a new firm called Premia Global Advisors through Dynasty. Based in Coral Gables, FL, Premia Global Advisors works with high net worth families and institutions. The firm and its leaders have a particular focus on Latin America and Europe. Joining Sosa at Premia is Juan Landivar, manager of financial planning, and Eddy Park, a client relationship manager - both from Merrill Lynch. Vivian Velazquez joined the firm as chief compliance officer. 

The insurance firm QBE North America intensified its focus on the high net worth market with two hires within its standard property and casualty department. Eric Shanks was appointed as senior vice president of HNW – a new role at the firm. Based in San Francisco, CA, Shanks will have national responsibility for the development and execution of QBE North America's HNW-focused personal insurance strategy.

The second hire was that of Guy Huntley, who joined as senior vice president of personal insurance underwriting, based in Chicago, IL. Huntley previously worked at ACE Private Risk Services and before that was a senior underwriting director at Fireman's Fund. Earlier still, he was European regional manager and regional underwriting manager at AIG Private Client Group. Shanks and Huntley will both report to Eric Pruss, senior vice president of personal insurance.

Wilmington Trust added to its wealth advisory team in Boston, MA, with the addition of Rick Tyson as a senior private client advisor. Tyson will work with high net worth individuals, families, entrepreneurs and business owners, as well as foundations and endowments throughout the Boston region. He was previously a private client advisor at US Trust in Boston and before that a senior vice president in the investment management and trust division of Boston Private Bank & Trust. He has also worked at State Street Global Advisors and Fidelity Charitable.

Focus Financial Partners welcomed the Denver, CO-based RIA Carnick & Kubik to its partnership. Brothers Nathan and David Kubik entered the independent advisory space in 2011, buying Carnick & Co from lead principal Craig Carnick, who now serves as president and chief compliance officer at the firm. Carnick & Kubik acquired two local firms in 2015 and 2016, and, as well as its Denver headquarters, has an office in Colorado Springs.

Robert Shafir, chairman of the Americas at Credit Suisse, is planning to leave the Swiss bank at the end of June, media reports said. Shafir was chief executive of the Americas region and joint head of private banking and wealth management from 2012 until October 2015, when Credit Suisse’s CEO reorganized its leadership as part of an enterprise-wide change in strategic direction.

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California-based Golden State Wealth Management, the hybrid RIA, named Ric Jurmu as its newest wealth manager. Jurmu has spent over two decades working at financial institutions such as Smith Barney and Wells Fargo Advisors. At Golden State, he will be based in Irvine, CA.

The insurance holding company W R Berkley Corporation took on Kathleen Tierney to oversee the company’s new high net worth personal lines business. Tierney most recently served as executive vice president and chief operating officer of a similar division at another insurance group.  

George Sousoulas was appointed as senior vice president and branch manager of Stephens' private client group in Memphis, TN. Sousoulas was previously a SVP and branch manager at Wells Fargo Advisors and before that held similar roles at Merrill Lynch and Bank of America.

Fiduciary Trust Company International named John Dowd as its chief executive, replacing interim CEO William Yun. Yun, former president of Fiduciary Trust and a current board member, took the CEO reins from Henry Johnson in January of this year. A number of other high-level changes were also announced at the time.

Dowd, who will be based in New York, was previously executive vice president and senior managing director at Wells Fargo Wealth Management. In that role he oversaw the Northeast region, focusing on investment management, trust and estate, financial planning, custom credit, brokerage and insurance services. Before joining Wells Fargo, he was managing executive of BNY Mellon’s wealth management business spanning New York, New Jersey and Connecticut.

Wilmington Trust brought in Anne St Clair as a private banking team leader in in Iselin, NJ, working with clients throughout the Northwest. Through Wilmington Trust's wealth advisory team St Clair will also provide investment management, trust, family governance and family office services. Before joining Wilmington Trust, she spent three years a senior private banker at Wells Fargo, having previously spent 13 years at US Trust as a senior private client manager.

San Antonio, TX-based Covenant, the US wealth manager, named Jeff Gerold as director of business development - a new role at the firm. Gerold joins Covenant after 18 years at Boston-based Fidelity Investments – most recently as a vice president and charitable planning consultant.

Michael Flinn was hired as national sales manager for advisor trust services at Tulsa, OK-based BOK Financial, the $31 billion regional financial services holding company. Flinn was most recently a trust consultant within Wilmington Trust’s advisor solutions group and in his new role at BOK will be based in Phoenix, AZ. He has around 25 years of independent trust consulting and administrative experience overall. BOK Financial Advisor Trust Services partners with advisors and individuals or families with trust administration needs. Services provided include personal trust administration, specialty asset management and administration, probate management, and estate settlement and administration, among other services.

The Memphis, TN-based RIA Waddell & Associates became the 40th firm to join Focus Financial Partners, the network of fiduciary wealth managers. Waddell is the first Tennessee-headquartered Focus firm, with additional offices in Memphis and Nashville. It serves 875 households and institutions.  

Boston Private made a series of promotions as it implements a new leadership structure. George Schwartz, president of Boston Private Bank & Trust Company, took on the newly-created position of CEO of the Private Banking Group, reporting to Clayton Deutsch, chief executive of Boston Private.

James Brown and Torrance Childs were appointed as co-presidents of the Private Banking Group. These are newly-created roles in which they will report to Schwartz. Brown will continue leading Boston Private's commercial banking group while Childs retains his role as the company's national director of deposit management.

Schwartz, Brown and Childs are responsible for the overall strategic direction of the Private Banking Group. Alongside Corey Griffin, CEO of Boston Private Wealth - born from Boston Private's acquisition of Banyan Partners - together they will focus on delivering an “integrated private banking and wealth management experience,” the firm said. All four are based in Boston, MA.

Meanwhile, Gisela LoPiano and Robert Nentwig were promoted to executive vice president in the commercial banking group, with LoPiano overseeing the East Coast and Nentwig the West Coast. Nicholas Hofer -  the company's West Coast market leader - was promoted to executive vice president in the private client group. His time is spent across San Francisco and San Mateo, CA. LoPiano, Nentwig and Hofer are also charged with leading Boston Private's client development strategy.

The chief investment officer at Brinker Capital, the investment management firm, resigned with immediate effect. Jeff Raupp, currently senior investment manager, and Chris Hart, currently core investment manager, were promoted to senior vice presidents and have assumed leadership of Brinker Capital’s investment team on an interim basis. They will report to Chuck Widger, executive chairman. Meanwhile, Jason Moore, formerly managing director at Morgan Stanley Wealth Management, is joining Brinker Capital on June 8 as chief administrative officer. A search is underway for a new CIO, the firm said.

California-based City National added a team of five private bankers to its private client services division in Orange County. Chris Lee, Steve Stauff, Elisha Skip Torrance, Tom McNair and Teresa Spera all joined in a variety of roles to serve high net worth individuals and families, and professionals throughout Orange County.

Lee was named team leader and private client advisor, while Stauff and Torrance will also serve as private client advisors, and McNair and Spera as private client managers.The team, based in Irvine, will report to Carla Furuno, senior vice president and manager of City National’s Orange County’s private client services division.

Lee previously worked at One West Bank, which was just acquired by CIT, as a managing director of its private banking group; Torrance was a vice president and private banker at Morgan Stanley; Stauff was an associate vice president within Wells Fargo Advisors' investments arm; McNair joined from OneAmerica Financial Partners, which acquired City National’s 401(k) business in 2014; and Spera joined from
Fidelity Federal Bank, which is now part of US Bank, in 2000. After spending several years in the commercial banking area, she moved to the bank’s PCS division as a lead credit officer in Century City.

Jay Henderson was elected to join the board of directors at Northern Trust following his retirement from PricewaterhouseCoopers on June 30. Henderson is currently vice chairman of client service at PwC, responsible for the firm's strategy across the Midwest, which includes offices in 13 states with 6,800 partners and staff. Previous roles he has held at PwC include managing partner of the Greater Chicago market; managing partner of the Cleveland office; and a US management committee member. He will be joining Northern Trust on July 18.

Wells Fargo, the US-listed banking giant, appointed Kristi Mitchem as president, chief executive and head of Wells Fargo Asset Management. Effective as of June 1, Mitchem will be in charge of a business holding more than $480 billion in assets under management in institutional separate accounts, mutual funds and stable value portfolios. Mitchem most recently served as executive vice president at State Street Global Advisors, part of Boston, MA-headquartered State Street, the financial services group. She replaces Mike Niedermeyer, who had served as head of WFAM from 1994 until his retirement in March after 28 years with Wells Fargo. Based in San Francisco, Mitchem will report to David Carroll, senior executive vice president and head of WIM.

JP Morgan Asset Management brought in Michael Bailey as managing director and national sales manager for the wealth management channel within its US funds business. It is unclear if this is a new role or if he replaced anyone. Bailey was formerly national sales director at BlackRock, responsible for the distribution of BlackRock mutual funds, iShares ETFs and other investments through its Merrill Lynch division. In his new role, Bailey will oversee two divisional managers and 25 client advisors who work with wealth management firms across the country, such as Merrill Lynch, Morgan Stanley, UBS and Wells PCG.

Columbia Pacific, which invests for wealthy and institutional clients, hired Stanford University’s Vera Minar to oversee Columbia Pacific Advisors and serve as CIO at Columbia Pacific Wealth Management. Minar most recently managed Stanford's absolute return and fixed income portfolios, which accounted for roughly a third of the university's overall endowment. Before that, she led asset allocation and strategy for the overall endowment portfolio for three years.

She started her career on the quantitative risk team at Ziff Brothers Investments in New York, followed by stints at EY and Barclays Capital in New York, before joining Stanford Management Co in 2006. Columbia Pacific Advisors, founded in 2006 and based in Seattle, WA, manages over $1 billion across a variety of strategies. Columbia Pacific Wealth Management, founded in 2011 and also based in Seattle, has over $2 billion in AuM. 

Merrill Lynch Wealth Management said it made a total of nine hires last month, spanning New York to California. In Jericho, Long Island, John Gatto, Kenneth Gatto and Matthew Hughes joined from Morgan Stanley. The Gatto Hughes Group had $675 million in AuM at their former firm. In Manhattan, NY, Mark Karstaedt also joined from Morgan Stanley, where he had $147 million in assets. Meanwhile in Pasadena, CA, Scott Uffelman joined from Morgan Stanley too, where he had $185 million in client assets. In Plano, TX, Mark French and Kevin Parrill moved over from UBS, where they had around $239 million in AuM. And lastly, Kirsten Tuzzo and Blaine Minton joined from Morgan Stanley in Boca Raton, FL, where their total AuM was $287 million.

The law firm Cole Schotz PC recruited Linda Snelling to lead its new office in Florida. Snelling and the tax, trusts and estates team work specifically with high net worth individuals, as do several other of the firm’s practice groups. She joined Cole Schotz from Sachs Sax Caplan, where she was a principal and chair of the estate planning and probate practice group.

Fine art specialist Sarah Court joined Alliant Insurance Services as a vice president serving high net worth clients globally. Court has experience working with wealthy individuals, celebrities and athletes to insure their homes, yachts, wine collections, private planes and other high-value items. Based in Miami, FL, she also provides consulting in the areas of life insurance, kidnap and ransom, event cancellation and other related solutions. She was previously director of the global fine art practice at an international insurance brokerage firm, advising on global corporate and private collections.

A new team called HighTower Boca Raton set up shop in the Sunshine State under the leadership of managing directors Chris Ure and Al Martinez. The team - comprised of former UBS employees - also includes director Jordan Rae, previously a financial advisor at UBS. Ure and Martinez previously held high-level roles at UBS Financial Services and Morgan Stanley Smith Barney. Ure also worked at EY and several entrepreneurial business ventures in Broward County, FL.

JP Morgan Asset Management's global real assets division brought in managing director and client portfolio manager George Ahl, focused on real estate in the Americas. This is a new position in which Ahl will be based in New York and report to Alexia Gottschalch, managing director and head of business development and client strategy for real estate Americas within the group. Ahl joined from Forum Partners, where he was a managing director. Before that, he spent over 16 years as a founding principal at M3 Capital Partners and has also worked at Crimson Capital, LaSalle Partners and Merrill Lynch Capital Markets.

Deutsche Bank appointed Pamela Root as global head of compliance and group chief compliance officer. She replaces Nadine Faruque, who left last month for “personal reasons.” Root will join from Citigroup where she was chief compliance officer for the global institutional clients group. She will assume her new London-based role in June. She reports to Sylvie Matherat, chief regulatory officer and member of the management board of Deutsche Bank.

The bank also appointed Peter Hazlewood as its new global head of anti-financial crime and group money-laundering reporting officer. He succeeds Ulrich Göres, who left the bank in January. For the past 28 years, Hazlewood has held several senior anti-crime positions at large financial institutions, including HSBC, JP Morgan, DBS and Standard Chartered. He has worked in Hong Kong, Singapore, London, New York and, most recently, Bahrain. Hazlewood will be based in Frankfurt and will also report to Matherat.

 

BNY Mellon hired Vera Divenyi as a wealth director in Denver, CO. Divenyi joined from First Western Trust, where she was a regional wealth planner responsible for client account management and new business development. In her new role at BNY Mellon Wealth Management she will report to regional president Scott Fleming.

W R Berkley Corporation made three senior hires within its newly-created high net worth personal lines business. Kevin Hogan was named senior vice president and chief operating officer; Susan Vella was named senior vice president of customer experience; and Christoph Ritterson was named senior vice president of marketing. Hogan, Vella and Ritterson will report to corporate senior vice president Kathleen Tierney, who recently joined to oversee the new business unit. 

Nathan Stibbs was promoted to executive vice president and chief strategy officer at Triad Advisors. In this newly-created position, Stibbs will be responsible for areas including advisor recruiting, branch office expansion and advisor mergers and acquisitions. He will also oversee Triad's RIA and fee-based platforms.

Nicole Newlin was named president of Philadelphia, PA-based Efficient Advisors, the RIA, tunkey asset management provider and exchange-traded find firm. Newlin was previously a partner at Pathfinder Strategic Solutions, where she helped advisors in the areas of client experience and client acquisition.

Seth Waugh, former chief executive at Deutsche Bank Americas, is to become non-executive chairman at Alex. Brown when Raymond James completes its acquisition of Deutsche's private client services arm in September. By way of background, Raymond James Financial said it is buying Deutsche Asset & Wealth Management's US private client services arm in December 2015. In recognition of the unit's original founding in 1800 under Alex. Brown & Sons, advisors joining Raymond James will operate under the Alex. Brown brand once the deal has closed, it said at the time. In his new role at Raymond James, Waugh will focus on client and advisor relationships while helping drive Alex. Brown’s strategic direction.

Scott Schmid was named market leader for The Private Client Reserve of US Bank in San Diego, CA, succeeding John Zygowicz, who retired in late 2015. Schmid, currently a wealth management advisor and managing director at the PCR in St Louis, MO, will start the new role on May 9 and relocate to San Diego. He joined the PCR in 2010 and oversees around $3 billion in client investments, of which $300 million is in active foundation and charitable administration.

Merrill Lynch made two senior appointments in New England. Chris Bettencourt was named market executive for Boston, MA, having served as market executive for Hartford, CT, since 2010. Since joining Merrill Lynch in 2004, Bettencourt has served as associate director for the southern New England and upstate New York region, as well as complex director in Wisconsin. Shamus O’Rourke, who has been market executive for northern New England since 2014, will succeed Bettencourt as market executive for Hartford. O’Rourke started his career at Merrill Lynch in 1998, and has held a number of positions including sales manager for the New England division and regional sales manager for Heartland.

Philadelphia, PA-based Janney Montgomery Scott expanded its presence in the Midwest and Virginia by launching new offices in Cincinnati, OH, and Harrisonburg, VA. The Mossbarger Deimling Moler Financial Strategies Group, a team of three financial advisors and two private client assistants managing over $187 million in client assets, joined Janney’s Cincinnati office from Wells Fargo Advisors.
Members of the group include: Jeffrey Mossbarger, senior vice president of wealth management; Drew Deimling, vice president of wealth management; Christopher Moler, vice president of wealth management; Lisa Willhoite, senior registered private client assistant; and Lydia Armstrong, private client assistant.

Meanwhile, the Lantz & Gochenour Investment Group, a team of two financial advisors and two private client assistants managing over $390 million in client assets, joined Janney’s Harrisonburg, VA, office - also from Wells Fargo Advisors. Members of this group include: Hugh Lantz, executive vice president of wealth management; Michael Gochenour, vice president of wealth management; Mary Aleshire, senior registered private client assistant; and Jacqueline Blosser, private client assistant.

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Asia

Citigroup appointed long-serving senior manager Christine Lam as country officer for China. She reports to Francisco Aristeguieta, chief executive of Citi Asia-Pacific. In the role, Lam succeeded Andrew Au, who retired from Citigroup. Lam is a 33-year Citigroup veteran, whose previous role was head of operations and technology for Asia-Pacific. Citigroup has located many global operations and technology functions to the region including O&T centres of excellence in China, India, Malaysia, Philippines and Singapore.

Vontobel Wealth Management appointed Joannes Ho as executive director and senior relationship manager in Hong Kong. Ho has over 30 years of experience in the private banking industry. Ho was previously a director at CTBC Bank, serving high net worth clients in Greater China. Before that, he spent more than a decade at EFG Bank as managing director, covering Greater China, Japan and Singapore.

In the newly-created role, Ho will report to Alex Fung, Vontobel Wealth Management's Asia-Pacific chief executive.

Nick Pollard, a former top bank executive at Coutts in Asia, took up the role of managing director, Asia-Pacific at the CFA Institute, the global association of investment professionals.
Based in Hong Kong, Pollard supports the CFA Institute across the Asia-Pacific region. Paul Smith held the role previously, keeping the position on an interim basis after he was appointed as president and chief executive of the CFA Institute globally in January 2015. Pollard previously served as CEO of Royal Bank of Scotland’s Coutts Asia division, and most recently was head of international learning and professional development for Coutts International. (Last year, that business was acquired from RBS by Geneva-headquartered Union Bancaire Privée.) Pollard’s career spans more than 30 years across banking, wealth management and talent development.

A senior figure in Asia left Pictet. James Hughes, who was based in Hong Kong at the bank, catering to the market for UK expatriates, left the Swiss bank. Before joining Pictet, he worked at HSBC Private Bank.

M&G Investments appointed former PIMCO senior figure Taro Shiroyama to the newly-created role of managing director for institutional business development in Japan. Based in Tokyo, he reports to Marcel de Bruijckere, director of institutional business, Asia-Pacific. The latter is based at M&G’s Singapore office. Shiroyama has more than 18 years of experience in the Japanese market. Prior to joining M&G, he was head of the Tokyo product and solutions team at PIMCO Japan, covering client and consultant relationship management and providing portfolio analysis to institutional investors. He started his career with Goldman Sachs Asset Management Japan.

BSI, the Switzerland-headquartered private bank, named Renato Cohn, a board member, as acting chief executive for BSI Singapore. Cohn took the helm from Raj Sriram, the current acting CEO. He decided to leave the bank and spend more time with his family, BSI said in a statement yesterday. Sriram has been with BSI since 2009.
Lim Cheng Teck, vice chairman of ASEAN at Standard Chartered, retired. He was not replaced.

Standard Chartered Bank's former Asia-Pacific chief executive, Jaspal Bindra, joined Centrum Group as executive chairman. Bindra, who has over 30 years of industry experience, spent the last 17 years at Standard Chartered. He previously held leadership positions at UBS and Bank of America.

Centaur Holdings, a global investment company which recently opened offices in Hong Kong, made two senior hires. Peter Wane joined as group chief financial officer. Previously, he served as finance director for the MENA region at Deutsche Bank. Wane brings over 30 years of finance experience in global markets. Sebastian Sachse, meanwhile, joined as group finance director. Sachse previously worked at a private investment organisation in the Dubai International Financial Centre. His experience also includes auditing large asset managers and hedge funds from his time at Ernst and Young. Wane took over from Nicolas Angio while Sachse's position was newly created.

The head of a Hong Kong team at Citi Private Bank, Raymond Cheung, left the US bank. Cheung, who had been at the bank for more than 12 years, was a senior banker at the firm.

Union Bancaire Privée hired a former BNP Paribas senior banker, Ricardo Choi, in Hong Kong. He has the post of managing director and team head for the Philippines market. 
Clifford Chance appointed Geraint Hughes as the next regional managing partner for its nine-office Asia-Pacific practice, spanning Greater China, North and South East Asia and Australia. He was due to take up the role in September 2016, taking over from Peter Charlton. Charlton returned to the UK having completed his term, spending eight years in the role.

Australia and New Zealand Banking Group secured the regulatory green light to appoint Vishnu Shahaney, who has experience in sectors including private banking, as president director, PT Bank ANZ Indonesia (CEO ANZ Indonesia). He reports to the group executive, international, Farhan Faruqui. Shahaney has been CEO, ANZ Singapore since 2010, leading the Singapore business into its status as a qualified full bank and one of ANZ’s two regional business hubs in Asia. Shahaney has held a number of senior management positions across corporate, institutional, transaction banking and risk in Australia, Singapore and India, at ANZ. 
His previous roles include managing director, corporate banking, Australia; head of risk for corporate and private banking, Australia; head of transaction banking and specialised lending, Asia-Pacific, Europe and America; acting CEO for Asia and managing director for Greater Mekong. He took over from Joseph Abraham, who left after more than seven years in the role.

Pan-Asian insurer FWD Group appointed Michael Gordon as chairman of its investment committee. Previously, Gordon was part of Perpetual’s executive leadership team, where he was responsible for the investment business, with a team managing a portfolio of $22 billion for institutional and retail clients. He replaced group chief executive Huynh Thanh Phong in the role. Based in Sydney, he reports to the group board.

AMP Capital hired Geoff Wells as senior portfolio manager and Peter Harris as senior resources analyst. Wells joined from Macquarie Investment Management and previously served as head of Australian equities at GMO Australia. At AMP, he will be in charge of managing lower tracking error portfolios with exposure to momentum and value styles as well as the firm's fundamentals at risk analysis. Harris’s previous roles included those of chief economist at Shell Australia, head of resources research at JCP Investment Partners and resources analyst at CBA. Based in Sydney, Wells and Harris report to senior portfolio manager Michael Price.

NAB Asset Management, part of National Australia Bank, appointed Ross Kent as head of global institutional distribution, joining from Australia & New Zealand Banking Group. He took over from Rob Sullivan. At ANZ, he was institutional regional director at Dimensional Fund Advisors. He has also held the roles of CEO for Australia and New Zealand and executive director at AllianceBernstein.

IRESS appointed Dearne Price as head of human resources for the Asia-Pacific region. Price joined from wireless distributor Brightstar where she was regional HR director for Asia-Pacific, based in Melbourne. Based in Melbourne, Price reports to Julia McNeill, IRESS group executive for HR. She replaced Amanda Parish in the role.

Bank J Safra Sarasin appointed Benedikt Maissen as chief executive of its Singapore branch. He reports to Enid Yip, CEO for Asia and took over the role previously held by Eric Morin, who last year joined another Switzerland-based private bank, Union Bancaire Privee, to head up its Asian operations. A Swiss national, Maissen has more than 30 years of private banking experience, with 26 spent in Asia. Maissen joins from Societe Generale Private Banking (Suisse), where he has been head of the Zurich branch since January 2014.

Julius Baer appointed Eleanor Yuen as head of wealth and tax planning advisory in Asia with immediate effect. She is based in Hong Kong. Yuen reports to Luigi Vignola, head of markets and investment solutions group, Asia-Pacific, and functionally to Roger Stutz, global head wealth and tax planning. Yuen has 20 years of experience in the industry. Previously, she worked at Credit Suisse Trust for 11 years and was latterly global head of wealth planners. Before that, she held senior roles in trust administration and marketing at Citibank, Schroder Investment Management and HSBC International Trustee. 

HSBC Private Bank appointed Sandeep Sharma as head of global private banking, Southeast Asia, moving from the co-head role in that position. Sharma's post was newly created. Previously, Sharma shared responsibilities with former co-head Rob Ioannou, who has left the bank to pursue other opportunities. Based in Singapore, Sharma reports to HSBC Singapore’s chief executive, Guy Harvey-Samuel, and to the regional head of global private banking, Asia-Pacific, Bernard Rennell. Sharma held his previous role of co-head of global private banking, Southeast Asia, since his appointment in 2014.

The market manager for the North Asia high net worth business at JP Morgan left the firm. Edward Lim, who held the post, had joined in June 2011. He previously worked as head of private banking, North Asia, for DBS, the Singapore-headquartered bank. 

A senior private banker at HSBC with responsibility for Malaysia, Thailand and the Philippines, left the bank. The departing manager was Michael Hua, head of Malaysia, Thailand and Philippines. He was at the bank for around 12 years. Chris Harwood, who has been at the bank for 16 years, took on his responsibilities. It is understood that Hua has also taken with him Eng Luke, Malaysia team head.

Divya Menon joined Credit Suisse’s Asia-Pacific team in Hong Kong, starting from the beginning of April, holding the post of vice president and relationship manager covering non-resident Indian clients. Prior to this, she was an RM with DBS Private Bank in Hong Kong, covering NRI clients. She has been a private banker for more than 10 years and is a CFA charter holder. Tan Yee Kim, who was a desk head under David Shick at Credit Suisse, resigned. 

Blackstone unveiled a new Asia-Pacific leadership structure, involving a number of promotions.
The promotions include:  
- Chris Heady, the head of real estate Asia, was named Blackstone’s chairman of Asia-Pacific; 
- Jan Nielsen, leading the firm’s private equity investing in Southeast Asia, Japan and Korea and chief operating officer for Blackstone Capital Partners in the region, works with Heady as chief operating officer for all Blackstone businesses and administrative functions in Asia-Pacific; 
- Carol Kim, the ranking investor relations professional in Asia-Pacific, was named firm-wide COO of investor relations across the region;  
- Daisuke Kitta, head of the real estate group in Japan, was named head of Japan for all business and administrative functions along with his existing regulatory responsibility for the office; and 
- Susannah Lindenfield, head of international compliance, was named general counsel for Asia-Pacific and will continue to oversee compliance in the region.  

Australia and New Zealand Banking Group appointed Tessa Price, a former chief of staff to the bank’s chief executive, as regional executive in charge of the Pacific Islands. Price is the first woman to lead ANZ’s Pacific businesses. She reports to David Hisco, ANZ group executive and ANZ New Zealand CEO. Until the end of last year she was chief of staff to Mike Smith, based in Melbourne. (Smith stepped down late last year and was succeeded by Shayne Elliott.) Prior to this, Price was CEO of ANZ Bank's New Zealand subsidiary, UDC Finance, based in Auckland, for more than three years. Each of the Pacific country heads will report to Price.

Julius Baer hired David Shick from Credit Suisse as its new head of private banking in Greater China. Shick spent eight years at Credit Suisse, most recently as market leader for China and Taiwan within its private banking unit. He has over 25 years of industry experience, having previously served as a director at UBS's private banking division, where he helped to develop the South China business.

Based in Hong Kong, Shick reports to Jimmy Lee, head of Asia-Pacific at Julius Baer. He succeeded Kaven Leung who will be retiring. Leung, currently chief executive, North Asia and deputy head, Asia-Pacific, joined Julius Baer in 2012. He played a key role in the integration of the Merrill Lynch International Wealth Management business in Hong Kong. 

HSBC Private Bank appointed Fan Cheuk Wan as managing director, head of investment strategy and Lionel Kwok as managing director, head of sales management for Asia-Pacific. Cheuk Wan is responsible for developing regional investment strategies and themes across all asset classes. In this expanded regional role, she oversees the advisory framework and the sales management process. Prior to joining HSBC, Cheuk Wan was managing director and chief investment officer at Credit Suisse Private Banking in Asia-Pacific. 

AXA Investment Managers, part of the AXA group of financial businesses, appointed Pierre-Emmanuel Juillard as managing director of a new investment team. Most recently, Juillard served as a partner and the head of the structuring and securities division in Asia for Goldman Sachs. He also previously served as the head of structured finance at AXA IM. Juillard returning to the company to establish a new investment team focused on liquid absolute return strategies.

BSI Asia, part of the Swiss private bank BSI, appointed a new chief operating officer as the predecessor returned to Europe. The new COO for BSI Asia is Damiano Baj. He took over the helm from Gary Tucker, who has decided to leave BSI Group after six years as BSI Asia COO. 

Baj has been head of operations and IT at BSI in Singapore, working with Tucker since 2011. Baj has worked in IT, change management and operations since joining BSI Group in 2001.

Northern Trust appointed John McCareins to lead its asset management business across Asia-Pacific, taking over from Bo Kratz, who left the bank late last year. Based in the Hong Kong office, McCareins is responsible for overseeing Northern Trust’s asset management activities across Asia, Australia and New Zealand. McCareins reports functionally to Wayne Bowers, head of Northern Trust Asset Management, EMEA and APAC, and locally to William Mak, head of Northern Trust in APAC. 

With more than 18 years of investment experience, McCareins most recently was head of the retirement practice outsourced chief investment officer business within Northern Trust’s multi-manager solutions group.

The National University of Singapore and the Monetary Authority of Singapore jointly appointed a senior US-based academic for a month-long role in the Asian city-state. The organisations appointed Professor Steven Joseph Davis, who is the William H Abbott professor of international business and economics at the University of Chicago Booth School of Business, as the MAS term professor in economics and finance.

The Asia-Pacific president of Australia and New Zealand Banking Group, Vishnu Mohan, retired after 40 years in the banking industry. Mohan's career has seen him work in 11 countries across the Middle East, North America, Africa, Southeast Asia and most recently the Pacific. He had been at ANZ for more than seven years, having started his career with Standard Chartered Bank in 1977.  

The head of commercial in the Pacific, Saud Abdul Minam, became acting country head for Fiji.

UBS appointed Tracey Woon as vice chairman for UBS Wealth Management in Asia, a role based in Singapore. Woon reports to Joe Stadler, head of global UHNW, and Edmund Koh, head of wealth management, Asia-Pacific. Woon has more than 30 years of experience in the industry. She has worked on a wide range of corporate finance transactions from equity fund raising to debt offerings and advisory work, including take-overs of public companies in Singapore and Malaysia. Most recently, she was vice chairman of ASEAN corporate and investment banking at Citigroup. Before joining Citigroup in 2004, she was managing director and head of investment banking for Singapore and Malaysia at Merrill Lynch. 

Citi appointed a new chief economist for Asia, recruiting Li-Gang Liu, who was formerly chief economist, Greater China, at ANZ. He replaced Minggao Shen, who left to join a think tank in China. 

Prior to ANZ, Li-Gang held various research roles at the Hong Kong Monetary Authority, the Asian Development Bank Institute in Tokyo, and the World Bank and Peterson Institute for International Economics, both in Washington DC. Li-Gang was named economist of the year by China Business News in 2012 and 2014. He was also awarded as one of the most accurate macro forecasters by China Securities Weekly in 2013.

National Australia Bank appointed Ciquiang Lu as new general manager of Greater China. He is based in Hong Kong and started his role at the beginning of March. Lu has more than 20 years of banking experience, most recently serving as senior country manager at Natixis. In this role, he was responsible for the bank’s China and Taiwan operations. He has also held senior roles with Société Générale, where he served most recently as chief operations officer, China.