A number of firms, such as UK-listed Standard Chartered, announced important changes during April to their senior executive leaderships.

UK

Law firm Bond Dickinson appointed Neil Long as a partner within its private wealth division. Long joined the London office as a senior wealth advisor. Previously at Howard Kennedy, he advised high net worth individuals, including entrepreneurs, property developers and well-known individuals from the art and sports worlds. He has also served several institutional clients such as Barclays Private Bank and the Office of the Public Guardian.

F&C's fund manager Michael Ulrich left the asset manager just months after taking on a new role as co-manager of the £79.6 million ($121.4 million) F&C UK Alpha fund.

Ulrich, who joined F&C almost a decade ago, is the second senior equities figure to leave the asset manager this year. In January, Ulrich was named co-manager of the F&C UK Alpha fund, alongside Tom Wilson. This followed the departure of the firm's head of UK equities, Peter Lees.

Thomas Miller Investment hired Laythamm Malorey to help drive its offshore business in the Isle of Man. Malorey brought over 30 years' experience in financial services to the newly-created role of head of international business development. He will be responsible for boosting the firm's international client base. He was previously a director at Barclays Wealth and Investment Management, where he held responsibility for treasury and brokerage sales across Jersey, Guernsey and the Isle of Man.

Saffery Champness, the UK-based fiduciary, tax and accountancy firm, named Liz Hazell as the new head of its national not-for-profit group. Based in London, Hazell replaced John Shuffrey, who will stay on as partner and member of the firm's not-for-profit group. Hazell, who joined Saffery Champness last year, was previously head of charities at PwC.

Wealth manager London & Capital appointed Towry's Thomas Donlon as general counsel. Donlon joined from his position as general counsel at Towry, where he advised the board of directors and senior management on regulatory change, mergers and acquisitions – including that of Baker Tilly Financial Management – and risk management frameworks within the business.

Offshore law firm Ogier appointed Ulrich Payne as a new partner within its expanding Cayman Islands dispute resolution team. Payne joined from the London practice of law firm Kirkland & Ellis International, where he was partner. He previously worked at London-based Simmons & Simmons and Hogan Lovells.

James Hay Partnership, a platform for retirement wealth planning, appointed David Page as its new chief operating officer. Page took the reins from Peter Burtonshaw.

JTC, a provider of offshore fund, corporate and private client services, appointed Steve Bougourd as a director in its Guernsey office. Bougourd, who joined the company in November and now sits on JTC Guernsey's board, took on the role as head of fiduciary services. He leads private client and corporate services provided from Guernsey, while supporting the business development of JTC’s fund administration business.

Investment manager Quilter Cheviot appointed five new regional development managers across the UK and Ireland. Kevin Kelly, Lisa Johnson and Simon Gully joined the Belfast, Birmingham and Bristol offices respectively, while Simon Williams and Mark Jarvis joined the London office. Kelly joined from Zurich Insurance, Johnson was previously a chartered financial planner at a Midlands-based advisory firm, while Gully was most recently head of key accounts at AXA Wealth International. As for the London additions, Williams was previously regional sales manager at Legal and General, while Jarvis spent the last two years with investment manager Charles Stanley. Bougourd brought 24 years' experience in the fiduciary industry, during which period he has advised international individuals and families.

London-listed Liontrust Asset Management hired BMO Asset Management's Kristof Bulkai, Hugo Rogers and Patrick Cadell to form its new global equities team.

Bulkai joined from his position as portfolio manager and team head at BMO Global Asset Management, where Rogers and Cadell are currently fund managers.

Towry hired David Smith as its new HR director. Smith replaced Tim Wright, who had been interim head of HR at the firm since July last year. Over the past six years, Smith was HR and communications director at LV=. He has also held interim HR consultancy roles with the OCS Group and the British Council.  

Aviva Investors, the asset management arm of London-listed Aviva, appointed BlackRock's Simon Young as UK equities fund manager. Young joined from his position as UK equities fund manager at BlackRock, where he began his investment career almost 20 years ago. There, he managed over £1 billion ($1.5 billion) in core UK equity and income mandates for a range of institutional, charity and fiduciary clients. In his new role, Young works on the business's institutional UK equity fund.

Standard Life, the UK-listed financial services firm, appointed David Tiller as head of advisor propositions and strategy, a newly-created role. The appointment extended his role beyond Standard Life Wrap to include its SIPP and international bond propositions, as well as business support services for advisors.

Law firm Boodle Hatfield appointed partner Simon Rylatt to lead its private client and tax team. Rylatt replaced Sara Maccallum following her appointment as senior partner at the firm.

---

Eaton Vance Management International, which is a subsidiary of US-listed Eaton Vance, appointed David Miles as vice president, business development director for UK financial institutions. He previously worked at Legal & General Investment Management. He is based in London.

Coutts' head of advisory Quentin Marshall left the UK private bank and wealth manager. Marshall, who joined Coutts almost four years ago, was responsible for leading the firm's global advisory teams. The group confirmed his departure but gave no details of a replacement. Timothy Carr rejoined the group after one year as a wealth advisor at Towry.

Attivo, the group of chartered financial planners and investment managers, made the first three of its 50 planned appointments.  James Cobb joined as group technical manager at Attivo from Hargreaves Lansdown, where he was technical manager. In his new position, he oversees the group's structure, skills, and framework, while providing advice across the financial planning spectrum.

Cobb also supervises input into the investment committee. Teresa Crew, previously wealth planning manager at Towry, was appointed to head up Attivo’s technical research team. She is responsible for overseeing the development and recruitment of the para planning team. Lastly, Nicholas Palmer, previously investment manager at 1st Port Asset Management, was named private client investment manager. Based in Attivo’s new London office, he will sit on Attivo’s investment committee, focusing on fixed income, absolute return, and Europe and North America sectors.

Fiduciary, tax and accountancy firm Saffery Champness named five new partners across its UK offices. They are James Bramsdon, Adam Kay, David McGeachy, Moses Nyachae and Sally Thomas.

Bramsdon joined the firm from professional services firm RSM Tenon in 2012. Working within the Saffery Champness entertainment and creative industries practice, he provides advice on a range of tax matters. He formerly worked for HM Revenue & Customs.

Kay has been a part of the firm's transaction tax team for over a decade. He covers tax planning and technical issues related to commercial transactions, as well as all aspects of personal, corporate and trust taxation.

McGeachy joined the firm in 2013 as a VAT senior manager. He previously held roles at PricewaterhouseCoopers and KPMG. He is responsible for driving the growth of the firm’s VAT practice, alongside fellow partner and charities VAT advisor Russell Moore.

Nyachae joined the firm from RSM Tenon three years ago with Bramsdon and also works within the entertainment and creative industries practice. As an entertainment specialist, his advisory expertise lies in the film, television and video game industries.

Finally, Thomas has been with Saffery Champness for three years and has nearly 30 years' industry experience. She leads the firm’s tax capability in Harrogate and is working to build the team's reputation in the private client area in the North of England. She previously worked at PricewaterhouseCoopers.

Separately, Saffery Champness promoted Ian Powell, a director in the fund services business of the firm, to its senior board. As well as holding the role of managing director of fund services, Powell was made a director of Saffery Champness Holdings. Powell worked in the mutual fund industry since 1980 and joined Saffery Champness in 2007.

AXA Investment Managers appointed Barclays Capital's Dani Saurymper to lead its AXA Framlington Health and AXA WF Framlington Health funds. Saurymper joined from his position as an equity research analyst for European healthcare at Barclays Capital, a role he has held since 2013. Before this, he spent three years covering global pharmaceuticals and healthcare at Nomura and nine years at Goldman Sachs' European pharmaceuticals research team.

The funds were previously managed by Gemma Game, who left the firm last year.

---

Hargreaves Lansdown's co-founder Peter Hargreaves stepped down from the board. Hargreaves founded the Bristol-based financial services company almost 35 years ago with Stephen Lansdown and passed on the reins as chief executive to Ian Gorham in 2009. Hargreaves remains a major shareholder and will continue to be employed with the business.

The UK's Smith & Williamson Investment Management hired Canaccord Genuity's Lucy Mitchell as associate director to help drive its offering to the independent financial advisor market. Mitchell joined after four years as business development manager at Canaccord Genuity Wealth Management. Mitchell assumed the newly-created role to build the firm's managed portfolio service, as well as its discretionary fund management services to the intermediary market. She reports to Mickey Morrissey, head of distribution at Smith & Williamson Investment Management.

Muzinich & Co, the London-based asset manager specialising in corporate credit, hired Philip Raby as a business development manager to enhance relationships in the north of England and Scotland. Raby was previously UK sales and client services manager at Edinburgh-based equity specialist Martin Currie. Before this, he held relationship management and business development roles within JO Hambro Capital Management and Aegon Asset Management.

Law firm Seddons appointed partner James Ward as head of private client. Ward took on the newly-created role to cover private client needs across a range of fields, including property, family, disputes and contentious probate. Ward, a member of the Society of Trust and Estate Practitioners, specialises in issues relating to succession planning for high net worth individuals. He also has expertise in matters related to digital assets and mental capacity.

GHC Capital Markets appointed Tim Harris as chairman of its asset allocation committee. Alongside his chairing of the committee, Harris is responsible for giving strategic guidance to the group. He was chief investment officer, UK high net worth, at Lloyds Bank Private Banking until 2013. In this position, he was a member of the global investment policy team, responsible for overseeing tactical asset allocation, portfolio construction and risk management, as well as representing the bank’s UK high net worth franchise.

 

Before working at Lloyds' private banking arm, Harris enjoyed a 12-year career at JP Morgan, during which he was chief investment officer at JP Morgan Private Bank’s EMEA division.

Standard Life Wealth rehired Kleinwort Benson's Jeremy Hippolite to propel the business's international growth. Hippolite first joined Standard Life Wealth in 2009 and went on to spend over three years driving the company's business development capabilities across the Midlands and South East. He subsequently joined the London-based private bank Kleinwort Benson as head of UK financial intermediaries in late 2012, before returning to Standard Life Wealth as head of international business development. He has formerly held senior roles at Credit Suisse Asset Management, Coutts & Co and Inscape Discretionary Management.

---

Legal & General Investment Management appointed two people to strengthen its emerging markets fixed income capability. It hired Philip Meier, a portfolio manager, who joins from AXA Investment Managers. There he was senior portfolio manager in the emerging market fixed income team. John Gray, a credit analyst specialising in financial issuers, also joined LGIM. He was latterly at Royal Bank of Scotland, where he was a vice president in the firm’s emerging market credit trading group. The LGIM emerging markets fixed income team is led by Uday Patnaik. Patnaik joined LGIM a year ago with a brief to build a specialist, high-quality and experienced emerging markets team.

Frostrow Capital appointed Ben Rigg as senior manager, responsible for financial reporting and analysis as well as providing financial and operational oversight and risk services. Rigg, who joined the firm in March, previously spent three years at Fidelity Worldwide Investment, where he was responsible for financial reporting to the Fidelity UK board and financial control for the firm’s UK entities. Before that role, he worked at Grant Thornton; he has more than 10 years’ experience in financial services and is a qualified accountant.

Brown Shipley named financial services industry veteran Jim Willens as its chairman of the board of directors, taking over from Alan Dickinson, who stepped down after a stint of three years. Dickinson was appointed as a director of UK-listed Lloyds Banking Group. Willens was involved with Brown Shipley before; he has been a non-executive director of the firm since the start of last year, and also held that role from January to 31 December 2012. He sits on Brown Shipley’s audit, risk and compliance committees.

Connection Capital, the UK private client investment firm, appointed Lorraine Homewood as client director. Homewood has a background in client management and asset-raising from the media and finance industries. Since joining the hedge fund industry in the late 1990s at Park Place Capital, she has successfully launched funds for ACPI Partners, INVESCO Global, Dawnay Day International and PCE Investors, as well as a hedge fund platform. Homewood has raised more than $1 billion across more than 20 individual fund launches and many direct investments.

Liontrust Asset Management hired former journalist Victoria Bates as the third fund manager on its "economic advantage" team. Bates joined the team's fund management duo, Anthony Cross and Julian Fosh, in June. She was currently deputy head of corporate broking at finnCap, where she has served both Cross and Fosh as clients.

Standard Chartered made a round of top-level management changes in the wake of its hiring of a new chief executive to take over the helm from Peter Sands. Viswanathan Shankar, also known as V Shankar, group executive director, resigned from the group to follow other interests. Jonathan Paul was appointed as group head, financial markets; Sumit Dayal was appointed as group head, corporate finance; Mark Dowie became vice chair, clients and products, and Dr Michael Gorriz was appointed as chief information officer. The departure of Shankar ended a 13-year career at the bank.

Paul is based in Singapore. He has more than 25 years of experience gained across Deutsche Bank, Goldman Sachs and Salomon Brothers, in London, New York, Singapore and Hong Kong. He has been based in Asia since 2000 where he has held a variety of leadership roles in financial markets and investment banking. In 2008, he founded Ardmore Park Capital and ran the hedge fund business as CEO and chief risk officer. More recently, Paul also held consulting roles within several asset management firms.

Investec Wealth & Investment named its head of business projects, Jane Warren, to lead a new online investment management service. The simplified advice-based online service was due to launch later this year. In the newly-created role, Warren oversees its development and manages all aspects of the firm's digital relations with clients. Warren joined the Investec group over 20 years ago and has since held a range of positions, including head of business projects, during which she led the integration of IW&I and Williams de Broë in 2012.

Switzerland
The Association of Swiss Private Banks appointed Yves Mirabaud as its new chairman. Mirabaud replaced Christoph Gloor, who resigned after Notenstein Private Bank announced it had agreed to buy the client assets of Swiss rival La Roche & Co.

Lombard Odier appointed David Loo as head of private clients for North Asia. Based in Hong Kong, Loo reports directly to Vincent Magnenat, head of private banking in Asia-Pacific at the firm. In his new role, Loo oversees the development of Lombard Odier’s business in North Asia markets. A veteran banker with more than 20 years of experience in the Hong Kong financial sector, Loo joined Lombard Odier from Citi Private Bank.

Barclays Wealth and Investment Management appointed James Buchanan-Michaelson as general manager of Barclays Bank (Suisse). Buchanan-Michaelson is responsible for leading the private banking business of Barclays in Switzerland. He will report to Francesco Grosoli, head of wealth management, Europe.

---

Europe
Fidelity Worldwide Investment hired Royal London Asset Management's fund manager Sajiv Vaid. Vaid joined from his position as senior fixed income fund manager and co- and lead manager of RLAM's three corporate bond funds, which collectively have over £2 billion ($3 billion) in assets. Buchanan-Michaelson, who has about 20 years of experience, joined from Coutts in Geneva, where he was managing director and member of its general management committee.

Standard Bank appointed Sanshia Tumblety as head of banking propositions, international personal banking, Isle of Man. She was promoted from her previous role as product manager, deposits and banking, at the firm. She took over from Simon Ripton, who has left Standard Bank and returned to the UK. Prior to working for Standard Bank, Tumblety was with Britannia International for 11 years as marketing manager and then business improvement manager in a project management capacity.

Fund manager Stewart Cowley left Old Mutual Global Investors after six years, in a shake-up of the firm's fixed income team. Cowley was due to leave in June following a restructure of Old Mutual Global Investors' 20-strong fixed income department, which is now be divided into two teams. These are absolute return/rates and liability-driven investment, headed by Russ Oxley, and total/relative return, led by Christine Johnson. John Peta and Johnson took over the management of Cowley's Old Mutual Global Strategic Bond fund.

Investec Asset Management hired Jeff Boswell and Garland Hansmann to help drive the expansion of its multi-asset investment offering. Both Boswell and Hansmann joined from Intermediate Capital Group, where Boswell was head of high yield, and Hansmann head of portfolio management within the group's credit fund management unit.

Nomura confirmed that Jonathan Lewis officially was appointed as chief executive for Europe, Middle East and Africa. Lewis’s appointment had initially been announced last December; regulators later formally approved his move. Lewis has been at the bank since 2008, holding roles such as deputy chief financial officer at Nomura Holdings. Other roles included those of chief financial officer for the wholesale division and CFO for the EMEA region. From 1996 to 2008, he worked at Bear Stearns as a senior managing director in finance; prior to this, he worked at PricewaterhouseCoopers in London and New York, and trained as a chartered accountant. As a result of the official approval, Yasuo Kashiwagi, acting CEO for EMEA, was named executive chairman for the EMEA region.

Channel Islands-based Trust Corporation International hired Andrew Walters as an executive director. Walters, an English solicitor and barrister, was called to the Guernsey Bar in 2008. He previously worked as a corporate lawyer at Hogan Lovells in London and as a partner at offshore law firm Mourant Ozannes.

Asset Control, a global provider of financial data management solutions and services, re-hired Martijn Groot as vice president of product strategy as it looks to strengthen its industry positioning. Groot formerly held roles within market strategy and business development at the company. Since his departure in 2012, he most recently worked as director of product management information services at Euroclear.

International
Nomura rejigged its global management team, assigning three seniors to new leadership roles in Europe and Asia. Nomura's current executive chairman for EMEA, Yasuo Kashiwagi, was named co-head of global markets. He returned to Tokyo and works alongside the head of global markets, Steve Ashley, to drive client businesses and boost cross-regional collaboration. Minoru Shinohara, the chief executive for Asia (excluding Japan), moved to London to take the reins from Kashiwagi as executive chairman for EMEA. Lastly, Toshiyasu Iiyama was appointed as Shinohara's successor. Bringing experience in investment banking and fixed income, Iiyama will focus on the growth of Nomura’s franchise in Asia ex-Japan.

North America

Pitcairn, a Jenkintown, PA-headquartered multi-family office, added Andrew Busser as a managing director within its relationship management team in New York.

Busser’s primary roles are to advise wealthy families on long-term investment and wealth matters, as well as to manage relationships with families and single family offices in the New York region and nationally.

Busser was most recently a partner at Symphony Capital, a healthcare-focused investment manager of private equity and hedge funds. Prior to that, he co-founded Wilkerson Partners, a management consulting and advisory firm that worked with wealthy families, investors and management teams. He also previously served as a management consultant at The Wilkerson Group/IBM Healthcare Consulting.

Spencer Edge, a principal and member of Tiedemann Wealth Management's investment management team, relocated from New York to the firm's San Francisco, CA, office. The firm said it is looking to deepen its West Coast presence and sees the Bay Area in particular as a key hub of finance, investment, innovation and entrepreneurialism for the US and the world.

Edge will remain focused on investment research and strategy, working with his counterparts in New York. Before joining the firm in 2007, he was a consultant in the financial services advisory practice at Ernst & Young.

Eric Katz, an advisor to ultra-affluent individuals, joined the LeoGroup from Goldman Sachs Family Office. The arrival of Katz was part of the LeoGroup's plan to expand its multi-family office capabilities.

Birmingham, MI-based Schechter Wealth hired Deric Righter as a senior advisor to high net worth individuals and corporations in portfolio construction, benefit plan design and institutional asset management.

Prior to joining Schechter, Righter was chief executive and chief investment officer at ThyssenKrupp USA, where he directed the corporate staff supporting North American operations with sophisticated tax, treasury, legal and risk management services.

Baird added Mark Kenyon to its Minnetonka, MN, wealth management office as a senior vice president and branch manager. He took over from Larry Law, who will continue as a financial advisor.

Kenyon was most recently a complex director at UBS Financial Services – a role he held since 1995. He began his career in the financial services industry in 1975 at E F Hutton & Co, which became Shearson Lehman and Smith Barney.

David Barrett Partners, the executive search firm focused on the wealth and investment management space, appointed Bob Gorog as a partner in Boston, MA. Gorog recruits investment and distribution leaders for traditional and alternative investment firms globally.

In joining David Barrett, Gorog was reunited with a team spread across New York, Boston and London, with whom he previously worked in the asset and wealth management practice at Heidrick & Struggles. Earlier in his career he also helped establish the Boston search practice for AT Kearney and two financial services boutiques.

Wilmington Trust hired Susan McCluskey from Bessemer Trust as a senior fiduciary officer at its wealth advisory office in Palm Beach, FL. In her previous role at Bessemer, McCluskey was a senior vice president and client advisor in Florida.

Raymond James appointed Michelle Lynch as vice president and director of its Network for Women Advisors, succeeding Nicole Spinelli, who left the firm in January.

With 11 years of experience working within Raymond James's private client group and asset management divisions – including the Network for Women Advisors and other diversity initiatives – Lynch will represent a force of over 800 women advisors.

She will also organize an annual conference, which is now in its third decade, and support the firm’s ongoing objectives for recruiting female professionals. Lynch will report to Raymond James & Associates' president, Tash Elwyn, and Raymond James Financial Services' president, Scott Curtis.

Wilmington Trust hired Erin Miller as a senior private client fiduciary advisor at its wealth advisory office in York, PA. Miller will serve high net worth individuals and families, entrepreneurs and business owners, as well as foundations and endowments throughout York and Lancaster counties. She was most recently an associate attorney at The Elder Law Firm of Robert Clofine in York.

RBC Wealth Management added two financial advisors in Naples, FL, in the same week that it launched a new office in Canonsburg, PA. Formerly of UBS, Dustin Smith and James Rubinton have been named as managing director and financial advisor, and senior vice president and financial advisor, respectively. Joining with Smith was Mandie Evans, a senior registered client associate, while Nicole Molnar joined in the same role with Rubinton.

Thomson Reuters, the global information, data and media organization, appointed David Akellian as managing director of wealth management. Akellian will be based in New York and report to Abel Clark, managing director for the financial sector. He took over from former wealth management head John Fennelly.

In his new role, Akellian will lead the company’s North American wealth management business, which delivers integrated front- and back-office technology solutions to wealth management firms to manage daily brokerage operations and regulatory and compliance requirements. Akellian has more than 30 years’ experience in the financial services industry. He previously worked at LPL Financial, where he was most recently executive vice president and head of platform solutions.

City National Bank recruited John Brouillard from Bank of America to expand its New York-based entertainment team. Brouillard, a vice president and wealth advisor, will work with all investment platforms offered by City National including City National Rochdale and Convergent Wealth Advisors. He was previously a portfolio manager at Bank of America Merrill Lynch.

KPMG in the US elected Lynne Doughtie, who has led its advisory business since 2011, as its next chairman and chief executive for a five-year term starting July 1. Doughtie will succeed John Veihmeyer, who has served as KPMG's US chairman and CEO since 2010 and simultaneously as global chairman of KPMG International since February 2014.

KPMG told this publication that a replacement for Doughtie in her current role as head of advisory will be named in due course. P Scott Ozanus was re-elected as deputy chairman and chief operating officer – a role he has held since 2012. Ozanus led KPMG’s tax practice before becoming deputy chairman and COO.

Stan Gregor, who launched a wealth management business for Cantor Fitzgerald & Co around two years ago, left Cantor Fitzgerald Wealth Partners.

BNY Mellon Wealth Management appointed Bob Dail as a mortgage banking officer, as the high-end real estate market in the Washington, DC, region heats up. Dail, who will report to managing director Erin Gorman, has over 25 years of experience in the mortgage banking industry, with a focus on the jumbo space.

iCapital Network, which describes itself as an online marketplace for private equity fund managers, expanded its business development team. The firm brought in Michael Mastey as senior vice president of its investor network covering the Mid-Atlantic and Southeast regions, and Melissa Iagulli in the same role but overseeing the West Coast.

Mastey joined from PNC Capital Advisors, where he led the retail distribution team and, prior to that, was head of alternative investments. Iagulli was formerly director of strategy at Charles Schwab & Co, where she worked on improving the firm's client experience and boosting the company’s acquisition programs and product platforms.

BNY Mellon Wealth Management recruited in Florida, Chicago, IL, and Pennsylvania, adding David Sivel, Scott Strochak, Natalie Oh and Alan Zinkin.

Sivel, a senior director of portfolio management in central Pennsylvania, will report to managing director Mark Haslam. He most recently spent seven years as managing director of wealth and institutional services at

Wilmington Trust. Prior to that, he served for eight years as chief investment officer and president at SCM, a private wealth management firm in Philadelphia, PA.

Strochak, a senior wealth director in Palm Beach Gardens, FL, reports to managing director Luis Castellanos. Prior to joining BNY Mellon, he was a global wealth advisor at Morgan Stanley in Boca Raton, FL, and, earlier still, a wealth management advisor at Merrill Lynch.

Meanwhile, Oh joined as a senior wealth director in Chicago, where she will report to regional president Michael DiMedio. She was formerly a principal at Taran Insurance and Advisory Services, which she established to serve the high net worth and affluent markets. Previously, she was vice president of sales at JMB Insurance and Financial Solutions.

Lastly, Zinkin was added as a senior wealth director in Miami, reporting to Castellanos. He was latterly a regional vice president of business development within the private client group at Fisher Investments and before that was founder and president of Marathon Asset Management, a boutique investment advisory firm.

Boston Private Financial Holdings, which last year completed its acquisition of the registered investment advisory firm Banyan Partners, made a raft of senior executive appointments. Clayton Deutsch will continue as chief executive while Mark Thompson was appointed as president and will continue to serve as CEO of Boston Private Bank. Deutsch and Thompson are now the two Boston Private executives serving as board members, along with seven independent directors and a non-executive chair.

The pair will lead the development and expansion of Boston Private’s integrated wealth management, trust and private banking model across “multiple geographic markets,” the firm said. Meanwhile, David Kaye was appointed as chief administrative officer – and will continue as chief financial officer and treasurer – while Corey Griffin became CEO of Boston Private Investment Management.

Chris Curtis, formerly a senior vice president and treasurer at Envestnet, joined HighTower as executive vice president of finance and accounting, based at the firm's Chicago, IL, headquarters.

Curtis will focus exclusively on managing the day-to-day operations of the financial and accounting department, enabling Robert Pagliuco, HighTower’s current EVP of accounting and finance, to assume the new role of EVP of corporate finance.

Pagliuco will focus on the financial analysis and due diligence activities related to bringing in new advisor teams. Both he and Curtis will report to HighTower’s chief financial officer, Larry Koehler, who has been the company’s CFO since its inception in 2007.

Montreal-based Dorchester Wealth Management, a nine-person investment counseling and wealth management firm, joined Focus Financial Partners' network with C$850 million ($675 million) in AuM, becoming the first Canadian firm to join Focus.

“We see tremendous potential through Dorchester to increase our regional reach in Canada and bring more exciting international opportunities to Focus,” said Rudy Adolf, founder and chief executive of Focus Financial Partners. With clients in the US and internationally as well as Canada, this new partnership gives Dorchester access to Focus’ expertise in M&A and capital for growth.

United Capital Financial Advisers, which describes itself as a financial life management firm, acquired two advisory firms with a combined $625 million in assets under management: Indiana-based CS Capital Management and North Carolina-based PRI Investments.

The team that joined from CS Capital Management included managing directors Mike Surenkamp and Roel Carandang, as well as eight staff members. Andrew Blass, managing director of PRI Investments, also brought with him two employees. The 10 employees joined United Capital as wealth advisors, investment management professionals and office management executives.

Brown Brothers Harriman & Co appointed three new partners: Jean-Marc Crepin, Michael Keller and Jean-Pierre Paquin.

Crepin joined BBH in 2007 and is currently responsible for BBH Luxembourg as well as the firm’s asset servicing business. He has over 20 years of financial services experience, having held roles as a fund manager, business manager and investment banker. Prior to joining BBH, Crepin was country manager for Italy at State Street Bank & Trust.

Keller joined BBH in 2005 and serves as co-manager of the firm's large-cap equity strategy, BBH Core Select - a position he has held since 2008. Prior to joining BBH as an equity analyst covering the technology sector, Keller was a senior equity analyst at KeyBanc Capital Markets in New York. Lastly, Paquin joined BBH in 1996 and is co-manager of BBH Capital Partners, the firm’s private equity business. He also oversees strategy, operations, risk and finance for BBH Investment Management.

Brian Riley has left Merrill Lynch to join First Republic Investment Management in July as an executive vice president. According to LinkedIn, Riley led the Pacific Northwest region for Merrill's private banking and investment group - a role in which he managed over 200 employees focused on ultra high net worth investors and private equity and venture capital firms. Merrill Lynch confirmed the departure of Riley, who was based in California, and said that a replacement for him has not yet been named.

California-based Opes Advisors welcomed Bonnie Cotta as a business development manager for the South Bay. In her previous role as a loan officer and branch manager, Cotta managed $300 million in loan origination last year. She is also a member of the Santa Clara County Association of Realtors.

tru Independence, a consulting and services platform for wealth managers, hired Doug Nichols as managing director of affiliated services and Paul Dalton as chief technology officer. Nichols was previously a vice president at Troy, MI-based Flagstar Bank while Dalton joins from a multi-million dollar wealth management firm where he was director of technology.

The Caldwell Partners International strengthened its position in the financial services sector with the addition of Glenn Buggy as a senior partner for asset and wealth management as well as leader of its legal, risk and regulatory oversight practice. Buggy joined Caldwell Partners after 11 years at CTPartners, where he was a partner in the financial services practice, leader of the global compliance, legal and regulatory practice, and a senior partner in the asset and wealth management practice.

Regions Bank appointed Alan McKnight as chief investment officer and John Parker as head of institutional services, both reporting to Bill Ritter, head of Regions Wealth Management. As CIO of Regions Wealth Management, McKnight will develop asset management strategies for individuals, families and institutional clients. He joined from SunTrust Bank, where he was managing director and head of institutional investments.

Parker has worked at Regions for over 28 years within the firm's personal and institutional trust businesses. In 1998, he became trust group director, followed by wealth management area manager for trust, asset management, private banking and brokerage.

Chris Chandler, head of portfolio implementation and investment experience, and Nikki Gokey, managing director of client service for Florida, left the firm. GenSpring's senior family investment officers will manage Chandler’s previous responsibilities and there will be no changes to the governance and structure of the investment business.

Michael Casey rejoined Merrill Lynch as director of the Nevada/Boise complex. Casey was previously a wealth management market leader at Morgan Stanley covering branches in Laguna Niguel, CA; Rancho Bernardo, CA; and three offices in Tucson, AZ.

In his new role back at Merrill he will report to Tom Fickinger, market executive for the Pacific Northwest region. When at Merrill Lynch between 1989 and 2009, Casey held roles including marketing and as national sales leader for the global private client group. His last position was resident director in St Louis, MO.

US Bank named Brad Scott as market leader at its Private Client Reserve, which serves high net worth clients, in Cincinnati, OH. Scott was previously market leader of the PCR in Kansas City, MO, and has significant experience in the investment management and private banking industry.

“Cincinnati is a very important market for The Private Client Reserve and US Bank,” said Mike Prescott, Cincinnati market president.” As a market leader for the PCR, Scott and his team provide high net worth clients with wealth planning, investment management, private banking, and trust and estate services.

Bitcoin technology company Factom hired Morgan Stanley's Jacob Dienelt as head treasurer. Dienelt is the first Wall Street veteran to join a Bitcoin 2.0 company, which creates an audit trail through the Bitcoin Blockchain technology.

In his new role, Dienelt will drive Factom's focus on Bitcoin asset management for its software token sale. He joins from Morgan Stanley Private Wealth Management, where he managed a team of future specialists. Other bitcoin companies that have recently poached veterans from the traditional banking space include Circle Financial, Digital Asset Holdings, and 21.

Cetera Financial Group named J David Ballard as executive vice president and chief operating officer. He is based in Los Angeles, CA, and reports to R Lawrence Roth, chief executive of Cetera Financial Group. Ballard most recently held the same roles at the independent broker-dealer network AIG Advisor Group and previously worked at SunAmerica and other AIG business units.

Oppenheimer Asset Management, a unit of Oppenheimer Holdings, named Bryan McKigney as president. McKigney has worked at Oppenheimer for 20 years, holding the role of chief operating officer of OAM for virtually that entire period. It is unclear if he will retain this role. He will be based in Oppenheimer's New York City headquarters.

Thomas Wornham was named as the new president and chief executive of San Diego Private Bank. He replaced Maria Kunac, who will continue as a board member and consultant to the bank. Wornham, who joined the board of San Diego Private Bank earlier this year, has a strong background in banking, public infrastructure and community service leadership positions in San Diego, the firm said.

Berkshire Hills Bancorp expanded its private banking and wealth management services in New York with the addition of Cindy Barford and Kevin Smith to the team there. Barford, a senior vice president of private banking, joined from KeyBank where he was most recently a SVP and senior relationship manager in the private bank. Smith, a vice president and wealth advisor, moved across from the bank's commercial and small business team in the region. Barford and Smith are both located in Berkshire's Albany regional headquarters.

Atlanta-headquartered Triad Advisors promoted Jeffrey Rosenthal to executive vice president and chief marketing officer, Nathan Stibbs to executive vice president – national business development, and Roger Greenway to executive vice president – business operations group.

Rosenthal, who has been with the firm since 2013, will be responsible for products, marketing, partner relationships and advisory services. Stibbs, who has worked at Triad for almost 15 years, will oversee branch development and expansion, as well as advisor mergers and acquisitions. Lastly, Greenway, who joined the firm two years ago, will assume responsibility for technology, operations and compliance.

Logan Winn joined Steve Berardi at Abbot Downing in the greater Washington, DC, area. Winn and Berardi (who joined the firm a year ago) previously worked as a team at GenSpring Family Offices.  

At Abbot Downing - which is part of Wells Fargo’s wealth, brokerage and retirement group and serves UHNW clients - Winn and Berardi will together work with professionals in the Mid-Atlantic region, spanning DC, Virginia, Maryland and North Carolina. They are both based in McLean, VA.

They will provide financial planning and family dynamics services, asset management, private banking, trust, fiduciary and administrative services to ultra high net worth individuals and families, as well as foundations and endowments.

Winn – who was a family wealth advisor at GenSpring – has been named as a relationship manager at Abbot Downing. Prior to her role at GenSpring, she was a partner at the DC-based law firm Jackson and Campbell, focused on estate plans. Earlier in her career, she counseled clients on estate plans at the law firms of Holland & Knight and Kauffman and Forman.

Prior to joining Abbot Downing, Berardi spent 11 years at GenSpring managing investment portfolios for ultra high net worth clients. He also served as co-head of the firm’s portfolio construction committee and part of the business development team.

Heartland Financial USA brought in Rick Terry to fill the newly-created role of private wealth director, responsible for sales in wealth management and private banking. Terry was most recently US chief operating officer at BBVA Compass Wealth Management, where he also previously served as chief executive of BBVA Wealth Solutions and executive vice president of wealth management. Prior to BBVA, Terry was national executive for Bank of America’s family wealth advisors division and held other leadership roles in private banking, wealth management and commercial banking.

Cetera Financial Group, a network of independent broker-dealer firms, appointed Brett Harrison to the newly-created position of executive vice president of advisor growth. In this new role, Harrison will report to Adam Antoniades, president of Cetera Financial Group, while maintaining his role as CEO of Cetera Advisors, a Cetera Financial Group broker-dealer firm.

Harrison will serve as a “centralized leader” for all practice management resources within the Cetera Financial Group network. He will help advisors "align the right investment products with their clients' needs" and serve as the network-level point person in supporting advisor recruiting efforts at each member broker-dealer of Cetera Financial Group.

---

Asia-Pacific

BNP Paribas’ wealth management arm in Hong Kong recruited a former Citi Private Bank figure to its ranks of relationship managers. Matthew Lee has joined the Paris-listed lender and financial services firm.

The firm also made a number of other senior hires. The chief operating officer at BNP Paribas Wealth Management Asia Pacific, Ernest Leung, was appointed to the additional role of chief executive of wealth management, Singapore. He is responsible for building business development and infrastructure support across Asia-Pacific, while continuing to boost franchise growth in Singapore. Leung reports to the chairman and chief executive at BNP Paribas Wealth Management Asia Pacific, Mignonne Cheng, and to the regional head for Southeast Asia and chief executive at BNP Paribas Singapore, Pierre Veyres.

Arnaud Tellier was named head of investment services, Asia-Pacific. He was previously chief executive of wealth management Singapore and brought over 20 years' experience in the banking industry. Based in Singapore, Tellier works with the region's relationship managers to enhance product capabilities. He also reports to Cheng and locally to Leung, as well as to the global head of investment services, Olivier Maugarny. Lastly, Stephanie Lair, previously head of investment services, Asia-Pacific, was appointed head of Singapore, Indonesia and Malaysia. Based in Singapore, she leads business development in these markets, taking the reins from Serge Forti, who recently retired. Lair will report to Cheng and Leung.

Sydney-headquartered investment manager AMP Capital appointed Damian Stanley as principal of investments, capital infrastructure equity team, in London. Stanley joined the team as principal of investments and will report to AMP Capital's head of origination for Europe, Simon Ellis.

Bank of China (Hong Kong) appointed Sui Yang as chief executive. Yang has been chief financial officer at the Hong Kong-listed group since August 2014. She joined Bank of China almost two decades ago and has since held a number of roles including deputy general manager of financial management.

Richard Straus, a senior figure at Citi Private Bank, has resurfaced at Swiss private bank Julius Baer to hold the role of market head for Taiwan. Based in Hong Kong, Straus reports to Wilson So, head of Greater China at the Zurich-listed lender. Straus had most recently been head of family office and institution business in Asia-Pacific at Citi Private Bank. Before that, he was market head for Taiwan at Citi, based in Hong Kong, for four years. His 28-year career at Citi saw him hold major roles such as chief financial officer, chief administrative officer and chief operating officer in Japan, New York, Singapore and Hong Kong.

Nomura rejigged its global management team, assigning three seniors to new leadership roles in Europe and Asia. Nomura's executive chairman for EMEA, Yasuo Kashiwagi, was named co-head of global markets. He returned to Tokyo and will work alongside the head of global markets, Steve Ashley, to drive client business and boost cross-regional collaboration. Minoru Shinohara, the chief executive for Asia (excluding Japan), moved to London to take the reins from Kashiwagi as executive chairman for EMEA.

Toshiyasu Iiyama was appointed as Shinohara's successor. Bringing experience in investment banking and fixed income, Iiyama focuses on the growth of Nomura’s franchise in Asia ex-Japan.

UBS brought a former Bank of America Merrill Lynch investment banking head in Singapore across to its wealth management arm. James Yeo, who has a 20-year banking career, holds the role of senior client advisor at UBS.

BlackRock appointed a new chairman and Japan country head, Yoshiyuki Izawa. He filled a vacancy left by Masato Degawa, who retired as BlackRock president and country head for Japan. Izawa joined BlackRock from Japan Post Bank, where he was president and chief executive for more than five years, leading a 13,500-strong team managing $1.7 trillion in assets. He has had a 38-year career with Mitsui & Co, where his most recent roles were as representative director and member of the board, senior executive managing officer and chairman of the investment committee. In addition, he held senior leadership positions in Mitsui’s US and Europe regions.

Degawa returned to London to rejoin his family, which resided there during his four-plus-year tenure in Tokyo.

AMP Capital named John Angell as its head of distribution for the UK and Europe. This role was newly created while Richard Shields now focuses solely on the Middle East in his role as AMP Capital managing director, Middle East. Based in London, Angell is also responsible for the sales of AMP Capital’s global listed infrastructure and global REITs capabilities as well as its unlisted infrastructure and hedge funds in the region. Angell reports to AMP Capital's chief executive for international, Anthony Fasso. Angell most recently ran his own consultancy business.

Julius Baer hired UBS's Parminder Soin as market head for the Indian subcontinent and non-resident Indian in Singapore markets. Soin joined after a decade with UBS Singapore, where he was head of the ultra-high net worth desk and deputy country head of private wealth management. Before this, he held a number of roles during a 15-year spell at Deutsche Bank, including head of private banking for New Delhi, private banking head for North and East India and senior relationship manager of private banking in Singapore.

In his new role, Soin is responsible for driving the bank’s business for NRI clients. He reports to Julius Baer's global head of the Indian subcontinent and non-resident Indian markets, Rolf Schaerer. Soin replaced Daniel Maag, who was appointed as senior client partner to manage key client relationships. Maag led the ISC and NRI team out of Singapore for the past 15 months.

Swiss private bank Lombard Odier appointed David Loo as head of private clients for North Asia. Based in Hong Kong, Loo reports directly to Vincent Magnenat, head of private banking in Asia-Pacific. The role is a newly created one and it consolidates the North Asia markets. Previously the market heads reported directly to Magnenat.

A veteran banker with more than 20 years of experience in the Hong Kong financial sector, Loo joined from Citi Private Bank, where he spent over a decade in various roles, including as team head for Hong Kong and head of investment counselling for the Philippines and Greater China. Prior to joining Citi Private Bank, Loo worked at Coutts, UBS Private Bank and Bank of America Trust Co.

AXA Investment Managers appointed Francisco Arcilla as head of Japan. Arcilla reports to Christophe Coquema, global head of client group at AXA IM. He replaced Mikifumi Watanabe, who was due to retire on 30 June after having led the Japanese office for 10 years. Arcilla joined AXA IM in 2011 as global head of its funds of hedge funds team. Most recently, he was director of product development at AXA Rosenberg.

Private equity firm KKR recruited a former deputy governor of India’s central bank to its ranks, holding the post of industry advisor. Anand Sinha held his deputy governor post at the Reserve Bank of India from January 2011 to January 2014, capping a 37-year career at the institution. His role included regulation of commercial banks and non-banking institutions.

Credit Suisse Private Banking in the Asia-Pacific region added a team leader for Indonesia. Suvien Long was the former desk head, Indonesia, at Societe Generale.

Australia-headquartered investment group AMP Capital appointed Kylie O’Connor as fund manager for the AMP Capital Diversified Property Fund, a A$4.2 billion ($3.24 billion) portfolio. She previously worked for Lend Lease, a global property and infrastructure investment firm.
Baring Asset Management hired HSBC's Edmund Chong as head of sales, client service and business development – distribution, Asia excluding Japan. Chong joined from his position as head of sales, wholesale business at HSBC Asset Management. Based in Hong Kong, he reports to Barings' chief executive for Asia excluding Japan, Gerry Ng. He has previously held roles at BNP Paribas Investment Partners, SG Asset Management and Franklin Templeton.

Cayman Islands-headquartered Cedrus Investments hired Mohamed Fahmy, a former consul general of Egypt in Hong Kong and Macao, as executive director. He previously worked as director of China affairs at the Ministry of Foreign Affairs in Egypt, and is well-versed in Middle Eastern/Chinese bilateral relationships. He served in an array of global locations, including Sweden, Saudi Arabia, Kenya and Hong Kong.

---

Manulife International, part of Canadian financial services group Manulife, promoted 16 agency leaders to new positions in Asia. Samy Chan and Stella Leung were made regional directors. Chan joined Manulife in 1999 and was the district manager of the year with highest recruitment in 2009 and senior district director of the year with highest growth in 2011.

Leung, meanwhile, joined Manulife in 2009. She has won awards from the General Agents and Managers Association, in particular achieving its Frontline Leader Award (Silver) this year and its International Management Award (Diamond) in 2014. A frequent MDRT and overseas conference qualifier, she was named senior district director of the year with highest growth and recruitment in 2014.

There were promotions also for Clement Lam, Vernon Cheuk, Kam-Wing Tong, Raymond Wong, Sam Ho, Mary Shuk and May Wong, all of whom have been appointed as senior district directors. Dennis Wai, Mendy Fan, Bon Chiu, Becky Wong, Derek Chow, Victor Kuan and Daniel Tang have been promoted to the position of district director.

BOC Hong Kong announced that Zhu Shumin resigned as non-executive director and ceased to be a member of the risk committee and the strategy and budget committee of the company and its principal operating subsidiary, Bank of China (Hong Kong). The resignation was due to Zhu’s change of job; he confirmed that he has no dispute with the board and no matters that have to be put to shareholders’ attention.

Grosvenor, the privately-owned international property group, appointed a former senior UBS executive, Benjamin Cha, as its Asia-Pacific chief executive for the group’s Asia-based proprietary arm. He took over from Nicholas Loup, who moved on from the company. Loup set up the Asia business in Hong Kong in 1994; operations have since expanded to Tokyo and Shanghai. Prior to joining Grosvenor, Cha worked at UBS Global Asset Management as managing director, head of global real estate for Greater China and co-CEO of UBS/Gemdale, a UBS joint venture real estate private equity platform in China.

A senior private banker at JP Morgan in Singapore, Harjeet Singh, left the US firm. Singh, an executive director at the firm, was a specialist in the India-focused market.

Bank of Singapore made a raft of promotions to its private banking teams. Robin Heng, market head for Indonesia, was elevated to global market head for Indonesia. Heng Yeow Kwang was appointed to market head for Indonesia, reporting to Heng. Separately, David Ang was appointed to deputy market head for Indonesia, also reporting to Heng.

Derrick Tan, market head for Malaysia, was appointed to global market head for Malaysia, Japan and NRI clients. Max Yeo was appointed to market head for Malaysia, reporting to Tan, Bank of Singapore. Olivier Denis expanded his role as global market head to include Thailand/Indochina, in addition to Singapore and international. The Singapore teams are led by two market heads, Jeffrey Tan and Rodney Sim, who both report to Denis.

BOC Hong Kong appointed Li Jiuzhong as executive director, including of its principal subsidiary, Bank of China (Hong Kong). Li was the chief risk officer of the firm and its subsidiaries from March 2010; he is also director of Nanyang Commercial Bank, Nanyang Commercial Bank (China), BOC Credit Card (International) and BOC Group Life Assurance Company. He has worked in the banking sector for more than 30 years, joining Bank of China in 1983, and going on to hold a variety of roles.