United Kingdom

Mike Trovato, head of PIMCO's UK global wealth management unit and its exchange-traded fund business in Europe, the Middle East and Africa, left the firm after 15 years. He left just months after assuming the new role. Trovato, who joined the firm in 2001, took on leadership of the firm's UK wealth management division and ETF business in the EMEA region in October last year. In this role, he managed a team of account managers responsible for $12 billion in assets under management. 

He was previously PIMCO's head of product management in EMEA and prior to that, head of EMEA sub-advisory client service.

KPMG appointed Michelle Quest as its UK head of tax, pensions and legal services. Quest joined KPMG in 1997 and has been a tax partner for 12 years. Her previous roles at the firm include head of the UK private equity tax practices. She replaced Karen Briggs, who now leads KPMG’s solutions practice in the UK and sits on the executive committee of the board.

Gordon Dadds appointed Iain Mair as a partner within its private wealth team. Mair was at Scotia Private Client Group in Miami, where he was director of international wealth structuring and worked with clients and their advisors in South and Central America and the Caribbean. He also advised clients from the former Soviet Union, Middle East and North Africa, and several other offshore jurisdictions. Mair is based in London.

Schroders’ head of emerging market equities, Allan Conway, retired after over a decade at the company. Conway, who joined Schroders in 2004, managed funds including Schroder Global Emerging Markets, ISF Frontier Markets and ISF Emerging Markets. He continues to work with the company as an advisor. He was replaced by Tom Wilson, who joined Schroders 15 years ago and has worked as a fund manager within the global emerging market equity team since November last year.

Janus Capital International appointed Chris Justice as chief operating officer and head of Europe. Justice, who joined Janus in 2013, was most recently based in Hong Kong as the firm's head of strategic initiatives for Asia-Pacific, Europe, the Middle East and Africa. He was previously managing director of Quam (Hong Kong), where he led a team of research analysts and asset managers providing portfolio advice to high net worth and retail investors. In the newly-created role, Justice is based in London, responsible for leading JCI’s business strategy across the EMEA region. He reports to Augustus Cheh, president of JCI.

Kames Capital appointed Sam Carter as head of global financial institutions – wholesale. In the newly-created role, Carter, who has worked within Kames' wholesale distribution team for the past three years, reports to Steve Kenny, the company's director of wholesale. He is based in London. In his previous position as Kames' business development manager, Carter was responsible for relationships with a portfolio of private banks, financial institutions, funds of funds, wealth managers, stockbrokers and family offices. He has also formerly served as a business development manager at Matrix Asset Management.

ClearBridge Investments appointed Ryan Virag as a client portfolio manager in London as part of its growth strategy in Europe. In the newly-created role, Virag, who joined ClearBridge in 2012, serves as a local investment management resource, while helping to build awareness of the firm and its offering among investors, consultants and financial advisors. Prior to ClearBridge, he was an investment strategist for global and international equity portfolios at Oppenheimer Funds. He has 15 years of investment experience, having also worked within the merchant banking division of Goldman Sachs and at Morgan Stanley.

Cyrus Investment Management, a UK specialist investment house, appointed a former UK government minister and a retired top-ranking army officer to its advisory board. The appointees are Lord Peter Hain, formerly secretary of state for Wales, and General Sir Peter Wall, formerly chief of the general staff.

Capital Generation Partners, the private family office based in London, appointed senior industry figure Richard Adams as its chief operating officer, a newly-created role. Reporting to CapGen’s founding partners, Adams is responsible for improving operational efficiency and streamlining processes. Adams has 20 years of experience in the industry, joining from Stonehage Fleming Investment Management, where he was responsible for the operating functions covering the service delivery to ultra-high net worth private families, trusts and companies. Prior to that, Adams held positions at UBS Investment Bank, JP Morgan Cazenove and Robert Fleming & Co.

Jamie Forbes-Wilson, Matthew Huddart and William Howard were appointed to become co-managers alongside Jim Stride within the AXA Distribution fund range. Stride, co-manager across the five open-ended funds, oversees the entire Distribution range, which he has been running for over 30 years. Forbes-Wilson, who has been managing income strategies at AXA IM Framlington's equities business since 2009, joined him on the AXA Distribution fund and the AXA Lifetime Distribution fund. 

Huddart, who has worked in the Distribution team for 16 years, became co-manager on the AXA Defensive Distribution Fund and the AXA Ethical Distribution fund. Meanwhile, Howard became co-manager of the AXA Global Distribution fund. He will continue to manage the AXA WF Framlington Global High Income fund.

Ascot Lloyd appointed Iain Balchin from UK wealth manager St James’s Place as its chief financial officer, a newly-created role. Balchin joined Ascot Lloyd from St James’s Place where he spent three years as executive director of finance, transforming the finance function as the company transitioned into the FTSE 100. He will be based in Oxford. He has 18 years’ experience in the financial services and wealth management sector, having previously held senior finance positions at BNP Paribas, AIG, Standard Chartered and Credit Suisse. He was also finance director of corporate banking at Lloyds Banking Group.

New York-listed Legg Mason hired Rick Andrews as its new head of international marketing, replacing Mike Evans who left the firm last year. Andrews was most recently a consultant at Aviva Investors, where he led the reorganisation of the firm’s global business development function. He was previously interim global head of marketing at the firm. He has also served as global head of marketing at Credit Suisse Asset Management, head of iShares marketing, Europe, and regional chief marketing officer at BlackRock, as well as similar positions at Cofunds and Merrill Lynch Investment Managers. He is based in London.

Hargreaves Lansdown’s head of equities, Richard Hunter, left the firm following the closure of its London office. Equities analyst Keith Bowman, who joined the firm in 2005, also left. 

Harcus Sinclair appointed Catherine Pugsley. Based in London, she works alongside the firm’s private client partners Keith Bruce-Smith, Jonathan Burt and Lucy Gibson. Pugsley trained at Allen & Overy, qualifying as a private client solicitor in 1998, focusing on trusts, charity law and advising high net worth individuals. In 2000, she joined Freshfields and was seconded to the firm’s Rome office, before re-joining Allen & Overy and then setting up her own practice on Lake Como. 

Source made a flurry of promotions across Europe, including Kate Dwyer to executive director within its UK coverage team. Dwyer joined Source in 2013 and has been focused on serving private banks and family offices. Her promotion was part of 17 the firm made across Europe. Other high-level promotions included Sascha Specketer, now managing director and head of Germany, Austria and Eastern Europe, according to his LinkedIn profile. Meanwhile, Paul Ridley, part of Source's strategy department, was promoted to executive director.

Neuberger Berman appointed David Rowe to the role of head of marketing for Europe, the Middle East and Asia. Rowe joined from PIMCO where he was head of marketing communications for the EMEA region since 2012. Rowe replaced Nicolas Portet, who left the firm mid-last year. He is based in London, responsible for developing and implementing marketing strategy to support Neuberger Berman’s EMEA business.

UK-headquartered RWC Partners appointed Gary Tuffield to develop the firm’s business in the UK wholesale market, joining from BNY Mellon’s UK intermediary distribution team. Tuffield worked at US-listed BNY Mellon for 13 years.

Candriam Investors Group, part of New York Life Investment Management, hired Chris Davies as head of UK distribution and Derek Brander as head of UK wholesale. Davies joined after 11 years with Fidelity and over 30 years of industry experience. Brander has 25 years of experience within asset management and most recently spent five years at Natixis Asset Management, growing its UK wholesale business. Both are based in London.

Unigestion hired an investment team from London-based hedge fund group Cube Capital and acquired the global opportunities long/short strategy managed by them. The team, who joined Unigestion's London team, is made up of investment manager Nicholas Linnane, investment analyst Chrysis Aristidou, and portfolio administrator Faten Benali.

Legal & General Investment Management appointed Erik Westermark as senior investment associate within its infrastructure team. Westermark previously worked at Lloyds Bank where he focused on infrastructure, energy and acquisition finance. Before that, he worked at Citi Global Markets. In the newly-created role, Westermark is based in London and reports to Silja Turville, head of LGIM Infrastructure.

Mercer hired Ashlin Noonan as a senior investment consultant in Woking. Noonan joined from Cartwrights where she developed and launched an investment consulting service. 

Nikko Asset Management appointed Udo von Werne as chief executive for Europe, the Middle East and Africa. Von Werne previously worked at Pictet Asset Management where he was head of institutional clients for Continental Europe. He brought more than 25 years of experience in the financial industry, having also worked at Zurich Financial Services and UBS. He is based in London and reports to Nikko’s president and chief executive, Takumi Shibata. 

BlueBay appointed Jean-Yves Guibert from BNP Paribas and Marc Kemp, previously of JP Morgan, to its global leveraged finance team. At BNP Paribas, Guibert was most recently head of European high yield sector specialists. He has been appointed as senior credit analyst in high yield. Kemp, previously managing director and head of European high yield sales at JP Morgan, took the role of institutional portfolio manager. They are based in London.

Brown Shipley's head of independent financial advisor investment, Peter Botham, left the bank after his role was scrapped following a review relating to intermediaries. Botham, who was appointed chief investment officer of Brown Shipley in 2008, served as head of IFA investment since 2014. He previously spent a decade at Tilney Investment Management.

Royal Bank of Scotland said Peter Flavel, former chief executive for Asia private banking at JP Morgan, joined Coutts & Co and sister bank Adam & Co as its private banking CEO. As part of the change, Michael Morley, CEO of Coutts & Co, stepped down. Flavel had been at the US bank since 2011; previously, he had led the private banking arm of Standard Chartered. Based in Singapore, Flavel moved to London to take on his new position.

Ascot Lloyd appointed Stuart Dyer as a non-executive director. Dyer was chairman of Soprano Consulting, a merger and acquisition consultancy advising UK wealth management businesses, and non-executive director of RPlan, a provider of technology solutions to fund managers. His previous roles include head of intermediary acquisitions at Close Brothers and chief executive of Cofunds.

Barclays appointed Paul Compton from JP Morgan Chase as group chief operating officer. Compton, who joined JP Morgan in 1997, was most recently chief administrative officer at the firm. He succeeded Jonathan Moulds, a former Bank of America Merrill Lynch executive, who became group COO at the bank just over a year ago. Compton joined the executive committee and reports to group chief executive, Jes Staley, also a JP Morgan veteran who was appointed to the helm of Barclays in December.

Brown Shipley's chief investment officer, Kevin Doran, took on the role of group head of research and strategy at the bank's parent company, KBL European Private Bankers. The role was newly-created. Doran handed over the management of the Sterling Bond Fund to the fund's current deputy manager, Matt Brennan, whom he has worked with on the fund since May 2014.

---

UBS Wealth Management made three promotions within its London-based investment products and services team. Tim Kent-Robinson, who joined UBS in 1999 and has worked in the investment management team for the past 12 years, was promoted to head of IPS portfolio specialists. He replaced James Mulford, who was appointed head of investment management last year. Kent-Robinson leads the team advising clients on discretionary and advisory mandates. 

Meanwhile, James Kimalat was promoted to the new role of head of IPS portfolio specialists, global emerging markets. He was part of the firm's IPS team for the past decade, and served as a portfolio specialist since 2011. Thirdly, Ben Geldenhuis, a senior member of UBS’s mortgages team, became head of mortgage solutions, replacing Osman Rankin, who recently left the firm to take some time out of the industry. Geldenhuis joined UBS in 2012 from HSBC Private Bank, and has over 15 years’ experience in the UK mortgage market for high value properties.

Nikko Asset Management appointed Raphael Marechal from BlackRock as senior portfolio manager, global emerging markets. Marechal, previously a senior member of BlackRock's emerging markets team, joined Nikko's global fixed income team in London. He brought almost 20 years’ experience of managing emerging market debt, having also worked at BNP Paribas Investment Partners and Fortis Investments.

Close Brothers Asset Management hired former Coutts & Co director Shirley Coe to lead its business development team. Coe brought 20 years' experience of working with high net worth clients in the UK and internationally, having served as director and private banker at Coutts & Co. He is based in London and reports to the firm's head of private client, Penny Lovell. Close Brothers Asset Management also appointed Jonathan Moon to its business development team. He joined after five years with Tilney Investment Management where he worked on private clients and professional intermediaries. Meanwhile, Andrew Benns joined from Fleming Family & Partners as product marketing manager. All three roles are newly-created.

Fidelity International hired ITV’s economics editor, Richard Edgar, as editor in chief, based in London. Edgar joined from ITV News where he has been economics editor since 2011. He previously held senior editorial roles at the Financial Times, Reuters and the BBC. In the newly-created role, he will be responsible for the firm's global content strategy.

Charles Stanley appointed Vicky Casebourne and Elizabeth Feltwell as intermediary sales managers. Casebourne, who joined Charles Stanley in 2011 as trainee investment manager from Brewin Dolphin, served as the firm's central investment product specialist, assisting intermediaries with product analysis. Feltwell joined from The Ingenious Group where she was an investment associate. In her new role, she works with financial advisors, solicitors and accountants across Scotland, Northern Ireland and London. Both Casebourne and Feltwell are based in London.

Standard Life Investments, the global investment manager, appointed Euan Stirling to the new role of head of stewardship and ESG investment. Stirling, who joined Standard Life Investments in 2001 from Schroder Investment Management, has managed a range of institutional UK equity portfolios as senior fund manager and investment analyst. His appointment came as Guy Jubb stepped down as global head of governance and stewardship. Jubb led the development of the business's corporate governance team in 1992.

Smith & Williamson Investment Management hired Kris Das as an investment specialist as part of its focus on the discretionary and independent financial advisory sector. Das joined from Threadneedle Asset Management, where he was head of investment communications. He previously worked in investment communication and product specialist roles at Schroders, Aviva Investors and Newton. Das will be based in London.

Allianz Global Investors hired Eugenia Jackson as senior governance specialist and ESG analyst, and Matthew Couzens as regional sales manager for London. Jackson was previously associate director at F&C Investments and has over 10 years of responsible investment experience. 

Mark Gregory, the group chief financial officer at Legal & General, retired after 17 years with the group. For the last seven years, Gregory served as executive director on the board, initially as chief executive of the savings business and subsequently as group CFO.

Kempen Fiduciary Management hired Johan Cras as managing director in London. He took on his new role following Remco van Eeuwijk’s departure from the firm for a senior management role at an institutional investment firm in Canada. Cras joined from Achmea Investment Management, where he was a member of the executive committee with responsibility for the fiduciary management business. He was previously chief executive for Europe, the Middle East and Africa at Russell Investments. Cras heads the fiduciary management team in London.

Amundi hired Heinrich Merz as the new chief investment officer of its alternative investments arm. Based in London, Merz replaced Sylvie Dehove, who was CIO of the business since January 2013 and has now become head of market risk at the Amundi group. Merz was previously co-deputy chief investment officer at Permal Investment Management Services. There, he sat on the firm’s investment committee and managed a number of funds, including hedge fund portfolios.

Deloitte bolstered its private client capabilities across the UK with six appointments. In Manchester, Ruth de Arostegui joined Deloitte’s private client services team as director along with Hazel Gee and Mary Meadows as senior managers. They all joined from PwC and will support growth in the UK's North West.

In Edinburgh, Jim Higgins returned to Deloitte as director, having previously worked in the firm's Edinburgh and Nottingham offices until 2007. In London, Deloitte hired Annis Lampard from Grant Thornton within its private markets team to help lead its new tax disclosure and transparency offering. Finally, in Bristol, Simone Parkinson, who has been in charge of growing Deloitte’s services to professional practices, was promoted to director.

First Names Group appointed Eric Fady to the newly-created role of chief financial officer. Fady was previously group CFO at Hyperion Insurance Group in London. He has over 20 years of international and corporate finance experience.

Chicago-headquartered McDermott Will & Emery appointed private client lawyer Andrew Vergunst to head up its London office. Vergunst joined the firm’s London office in 2009 from Maitland, where he held roles including group director, law partner and head of the private client department. He replaced Hugh Nineham who will be retiring at the end of March after eight years at the firm.

Parker Fitzgerald appointed Jeremy Scott, former global financial services leader at PricewaterhouseCoopers, to its executive board as head of institutional relationships. Scott led PwC’s global financial services practice for a decade and sat on the firm’s global board as chair of the operations and risk committee.

Charles Stanley appointed Jeremy Batstone-Carr to the newly-created role of chief global economist. Batstone-Carr joined the firm 12 years ago and most recently served as chief economist, overseeing global asset allocation and investment strategy. In this position, he also led a team of analysts focusing on a range of UK-listed companies, investment trusts and investment vehicles. Batstone-Carr has 30 years' industry experience. In his new London-based role, he works with John Redwood, the firm’s chief global strategist.

Aberdeen Asset Management's chief investment officer, Anne Richards, left the company to become chief executive of M&G Investments. Richards, who joined London-listed Aberdeen in 2003, became a member of the board in 2011 and has led operations in Europe, the Middle East and Africa, alongside her role as CIO. Subject to regulatory approval, she replaced Michael McLintock who is retiring after almost 20 years at the helm of M&G Investments.

JP Morgan Private Bank hired Diana Robinson as head of equities for Europe, Middle East and Africa. Robinson joined from RG Associates, a financial services consulting and coaching business which she set up and ran from 2009. She was previously part of the European and US equities management teams at Bank of America Merrill Lynch. Based in London, she is responsible for developing investment ideas and global equity solutions, while managing relationships with high and ultra-high net worth clients in the EMEA region. Robinson replaced Leandro Veltri, who left the firm.

Old Mutual Wealth appointed its chief information officer, Paul Penney, as its new chief operating officer. He succeeded Jeremy Charles, who retired.

Charles, who joined the firm in 2012 as COO, previously spent six years as COO of Thames River Capital, latterly known as F&C. Penney has been CIO since 2012, having formerly served as CIO at Lloyds Bank's insurance division for seven years.

Switzerland

Michael de Picciotto, senior managing director at Geneva-headquartered Union Bancaire Privée, left the bank. He will not be replaced, the bank confirmed.

State Street Global Advisors hired Bernhard Wenger as head of SPDR exchange-traded funds in Switzerland. He previously spent five years at ETF Securities, where he was latterly head of European distribution. Based in Zurich, Wenger will lead business development and sales of SPDR ETFs in Switzerland.

Europe

Louvre Group, the Guernsey-headquartered provider of fiduciary, corporate and fund services, appointed Julian Lane as chief operating officer. In the new role, Lane, who joined Louvre Trust (Guernsey) in 2011 as fiduciary director, is responsible for overseeing Louvre's fund and trust divisions.

Deutsche Bank Wealth Management made several high-level changes to its European business, this publication exclusively reported. Andreea Grob was appointed to the helm of the UK business, with a strong focus on developing the UK ultra high net worth/family office segments. Matteo Vaghi, who led Deutsche Bank Wealth Management in Southern Europe and the UK, stepped down from his role to focus on senior client coverage and business development in the UK. Roberto Parazzini, head of wealth management, Italy, expanded his role to lead the Southern European wealth management business.

The Gibraltar Financial Services Commission appointed Paul Sharma, managing director and head of the EU regulatory advisory services practice at Alvarez & Marsal, to its board. He previously held roles at the Prudential Regulation Authority and the Financial Services Authority.

Lombard International appointed Axel Hörger, previously CEO at UBS Deutschland, as chief executive for Europe, taking over from John Van Der Wielen, previously interim CEO, who remains a non-executive director. He is based in Luxembourg.

Credit Suisse appointed Gilles Dard as managing director and market head of France, Belgium and Luxembourg. Dard previously worked at Julius Baer, where he was head of Continental Europe. He is based in Paris.

UBS Wealth Management hired Jonathan Nash as alternative investments distribution specialist for Jersey and the UK. He joined from Renaissance Asset Management, where he was sales director for the UK and Nordics. In the newly-created role, Nash is responsible for developing alternative investments sales and after sales activities, while helping to further the firm's reach in the UK and Jersey.

PIMCO appointed Craig Dawson as head of Europe, Middle East and Africa, replacing Bill Benz who is retiring at the end of June after 30 years at the company. Dawson, who joined PIMCO in 1999, was most recently managing director and head of the firm's strategic business management.

Cohen & Steers, the investment firm focusing on liquid routes to “real assets” such as property and infrastructure, appointed Marc Haynes as head of institutional sales and client service for Europe, the Middle East and Africa. He previously worked at Greenwich Associates, the provider of market intelligence and advisory services to the financial services industry, as managing director and partner.

Middle East

Arbuthnot Latham appointed Ian Street to the newly-created role of director, private banking within its Dubai office. He joined from Coutts & Co where he was head of the Abu Dhabi business for eight years. Daniel Williams also joined the Dubai team as investment director. He moved over from the firm's London headquarters.

Mohamed El Ghatit joined the DIFC LCIA Arbitration Centre as director and registrar in Dubai. El Ghatit was previously a senior associate in the disputes practice of Hogan Lovells, with more than 10 years' experience working in Dubai and the Middle East. El Ghatit is responsible for consolidating casework handling in the Dubai office, while leading the development of the centre to enhance Dubai's role as the hub for commercial dispute resolution for those doing business in the Gulf states.

International

Fiduciary services firm Harneys appointed senior corporate administrator Kim Armstrong to its team in Bermuda. Armstrong specialises in incorporation and administration of Bermuda exempted mutual funds, hedge funds, investment holding and insurance companies, and in acting as registrar and transfer agent for companies listed on the Bermuda Stock Exchange.

Asia-Pacific

Citi Private Bank appointed a former Bank of Singapore man as team head/senior private banker for Malaysia. Leon Lee joined the US firm after having worked at BoS for more than 11 years, joining that firm in 2004. He is based in Singapore.

Credit Suisse appointed a new head of alternative investments for its Asia-Pacific private banking arm. Donald Rice was named for the role. In the role, Rice is based out of Singapore and reports to Rajesh Manwani, head of investment solutions and products at the private banking business for Asia-Pacific. The role was previously held by Michael Levin; he held dual roles as head of asset management products in the non-Japan region of Asia and the head of alternatives for private banking Asia-Pacific. Levin recently took on the expanded role as head of asset management for Asia-Pacific.

Rice has been at the lender for 19 years, most recently as head of the alternative investments coverage team within the international wealth management division of Credit Suisse, based in Zurich. 

Standard Chartered confirmed that a Singapore-based senior private banker left the firm. Connie Ong, who has been at the bank since June 2007, stepped down from her role. At Standard Chartered, Ong was a desk head. From July 2004, Ong had worked at Allianz Capital Asset Management.

Xiao Gang, the chairman of the China Securities Regulatory Commission, stepped down and was replaced by Liu Shiyu, chairman of the Agricultural Bank of China and a former deputy governor of the People's Bank of China.

Citigroup's head of the Association of Southeast Asian Nations, and country head, Singapore, Michael Zink, retired after almost 30 years at the group. Zink joined Citi in 1988 as a corporate relationship manager and became head of ASEAN for the group in 2012.

KPMG Australia hired David Bardsley and Richard Watts as directors within its wealth management and superannuation advisory business. Bardsley joined the Melbourne office from AustralianSuper, the Australian superannuation/pension fund, where he headed up the investment programme. Watts, based in Sydney was previously senior policy advisor and legal counsel at Industry Super Australia.

Hang Seng Bank appointed its head of Greater China, Patrick Chan, as executive director of the bank. Chan was the bank's chief financial officer from 1998 to 2009 before joining Sun Hung Kai Properties as CFO, a role he held until 2015. This year, he rejoined Hang Seng and will now serve a three-year term as director of the bank.

SEI hired Brent Bell as head of asset management distribution in Asia as part of its push for growth in the region. Bell was previously a consultant supporting clients’ distribution strategies in Asia from 2013 to 2015. Before this, he was managing director and head of Asia for Genworth Financial’s lifestyle protection business. He brings more than 20 years of management experience in the financial services industry and is based in Hong Kong, reporting to Kevin Barr, head of SEI’s investment management unit.

Australia-headquartered Bravura Solutions, a provider of software solutions in fields including wealth management, appointed former Old Mutual Group vice chairman Peter Mann as an independent, non-executive director. Before holding his role at Old Mutual, Mann was chief executive at Skandia, the UK retail platform that was acquired by Old Mutual in 2006, and also CEO of Bankhall, the IFA network group.

Wealth management fintech specialist firm IRESS, which is headquartered in Australia, appointed Jacqui Lennon to be responsible for running its wealth management product strategy. In that role, she reports to Aaron Knowles, group executive for products. She joined the firm last July; previously, she worked at Australia’s Macquarie Bank.

Pictet appointed a senior private banker to cover Southeast Asian markets. Grace Barki joined the bank as managing director, senior private banker, covering Southeast Asian markets. Barki had been head of Southeast Asia at RBC Wealth Management, having joined the Canadian banking group in 2012. She left that bank last June. Barki has more than 30 years of private banking and corporate banking experience, beginning her career in 1985 and subsequently taking on senior leadership positions in the corporate banking and private banking divisions of global banks.

One of the former top figures at Credit Suisse and a head of its private bank in the Asia-Pacific region, Marcel Kreis, who moved to become a non-executive director at the Myer Family Company, the Australia-headquartered wealth and family office, became its chairman.

Kreis, who has been with the family office since early 2015, became chairman; non-executive directors are listed as Ann Sherry and family members Martyn Myer and Sidney Myer.

At Credit Suisse, Kreis was chairman and managing director for the Zurich-listed lender from January 2012 to June 2013; from February 2007 to December 2011, he was MD and head of private banking for the Asia-Pacific region. He was MD for private banking, Southeast Asia regional market manager, SE Asia and Japan, at UBS for more than 16 years from 1990.

Sumitomo Mitsui Trust Group, the investment house with $430 billion assets under management, appointed Katsunori Kitakura as lead strategist based in its Tokyo headquarters. He took over from Genzo Kimura, following his new economist and strategist position at Japan's Government Pension Investment Fund.

He has covered global markets for over 24 years and joined SuMi TRUST in 1984. He started his career as a proprietary trader holding various positions within the firm worldwide, including the London unit and the market making and global markets unit. His latest role was as associate general manager of the global markets business planning department. Kitakura was a member of the Tokyo Foreign Exchange Market Committee from 2006 to 2012.

Schroders appointed Chris Durack to the newly-formed role of head of distribution for Hong Kong. Durack has been with the UK-listed firm since 2011, working in the role of head of product and distribution in Australia. Before this, he was chief executive of Australian superannuation fund NSW State Super. The appointment at Schroder Investment Management (Hong Kong) came after Durack joined the Hong Kong office at the start of February.

One of the top figures at the private banking arm of JP Morgan, Peter Flavel, left the bank where he had been for about five years, to take the helm of Coutts & Co and sister firm Adam & Co, part of Royal Bank of Scotland, in the UK. Flavel joined JP Morgan in 2011 as the CEO for JP Morgan Private Wealth Management which focused on HNW business.  In March 2015, the US bank decided to position its Asia business as one private bank serving two segments, ultra-high net worth and HNW; by operating in one brand, Flavel was named the Asia deputy CEO for JP Morgan Private Bank, reporting to Andrew Cohen, Asia CEO for JP Morgan Private Bank. Flavel transferred from Singapore to London. As part of the change, Michael Morley, CEO of Coutts & Co, stepped down.

Before his time at JP Morgan, Flavel headed the private banking arm of Standard Chartered.

Nigel Rivers, the global head of private clients at TMF Group, left the firm. He is based in Hong Kong. Rivers was with the firm for over seven years, and holds the post of managing director.

RBC Wealth Management appointed ex-Coutts senior banker Shirley Tang as managing director and team head, Asia. Based in Hong Kong, Tang joined in January and reports to Ignatius Chong, who was recently appointed to the role of market head, Greater China. Tang has extensive experience in private banking and asset management, having held roles at ABN AMRO, BNP Paribas and Credit Suisse. She joins RBC from Coutts, where she was a managing director and team leader. Last year, Coutts’ international (non-UK) business was purchased by Union Bancaire Privée, the Geneva-headquartered private bank.

UBS announced a new head of wealth management for Southeast Asia. August Hatecke took the role previously held by Edmund Koh, who was promoted in November last year to head of wealth management for the Asia-Pacific region. Hatecke will report to Koh. As part of the change, Hatecke relocated from Zurich. Hatecke joined a predecessor firm of UBS, O'Connor Associates, in 1992, and has held various leadership positions over his UBS career spanning more than 16 years. Before rejoining UBS in 2010, he was head of private banking for Credit Suisse in St Moritz, Switzerland. In his most recent role, Hatecke was head of a ultra-high net worth and global family office business in Switzerland.

First Names Group, a provider of trust, corporation and funds administration services, appointed former Vistra founder Jean Pierre Koolmees as head of its Asian operations. He oversees both First Names Group and its subsidiary fund business, Moore Management, throughout the Asia-Pacific region, and is based in Singapore. Netherlands-born Koolmees, who has been in the financial industry for 16 years, joined from Vistra in Singapore, which he founded in 2010.

Credit Suisse re-hired Carsten Stoehr from Standard Chartered as managing director, head of financing, Asia Pacific. Stoehr re-joined the bank from Standard Chartered, where he was most recently global head of financial market sales. He formerly held senior leadership roles at Credit Suisse in fixed income and debt capital markets in London, Tokyo and Hong Kong. In the newly-created role, Stoehr is based in Hong Kong, reporting to Helman Sitohang, Credit Suisse's Asia-Pacific chief executive.

Hong Leong Financial Group, the Malaysian-headquartered organisation, and Hong Leong Bank unveiled new executive leadership hires. Tan Kong Khoon was appointed president and chief executive of Hong Leong Financial Group. He took over from Raymond Choong, who became president and CEO of Guoco Land in Singapore, a company within the Hong Leong Group. Tan was previously the group managing director and CEO of HLBB. Separately, HLBB appointed Domenic Fuda as the group managing director and CEO to replace Tan. Fuda has 25 years of experience in banking roles in Asia and Australia. Prior to joining HLBB, he was deputy group head of consumer banking and wealth management at DBS.

Edmond de Rothschild hired Christine Wong, a specialist in trusts. She is based in Hong Kong. Wong has worked in the private client trust and planning sectors for more than 16 years. She previously worked at Asiaciti Trust, starting there in 2013.

Manulife made a number of appointments to its Greater China management team. These included leadership changes in Hong Kong and within its Chinese life insurance joint venture.

Guy Mills was promoted to executive vice president and chief executive of Manulife (International). He oversees growth of the company's businesses and distribution in Hong Kong and Macau, except for the mutual funds business. He is based in Hong Kong.

Mills was formerly general manager of Manulife-Sinochem Life Insurance Company, Manulife's life insurance joint venture in China. He was at that business for three years. He has also held roles in Canada, Japan, the Philippines and Hong Kong. Before moving to China, his career at the firm covered a variety of operations and IT leadership roles, such as chief operating officer for Manulife Asia, and that of CEO of Manulife business processing services.

Zhang Kai was named general manager of Manulife-Sinochem Life Insurance Company, subject to necessary regulatory approval. She has more than 20 years of experience in banking and consulting across North America and Asia. Prior to joining Manulife, she was most recently head of consumer banking and previously chief financial officer of a major global bank's China operations. Zhang started her career in pension consulting and management consulting in the US. She is to be based in Shanghai.

Both these persons report to Michael Huddart, Manulife’s executive VP and general manager for Greater China. Huddart remains as chairman of MSL, Manulife Asset Management (Hong Kong), Manulife Asset Management (Taiwan) and vice chairman of Manulife TEDA Fund Management, which is Manulife's joint venture asset management company in China.

BNP Paribas Wealth Management appointed JP Morgan's Prashant Bhayani as managing director and chief investment officer for Asia. Bhayani, who has almost 25 years' experience in multi-asset class management, was previously senior global investment specialist at JP Morgan Private Bank in Singapore. Prior to that, he was co-CIO and co-founder, managing partner of Cork Street Capital Advisors. In his new role, Bhayani replaced Stefan Hofer who left the firm last year. Based in Singapore, Bhayani reports to Arnaud Tellier, head of investment services, Asia at BNP Paribas Wealth Management.

---

North America 

Continuing the firm’s expansion westward, Raymond James recruited two financial advisors and two support staff to open Raymond James & Associates' first branch in Honolulu, HI. The Goeas Group of Raymond James joined RJA, the firm's traditional broker-dealer, from Stifel Nicolaus & Co, where they managed over $1 billion in client assets. The team is made up of senior vice president of investments and branch manager Larry Goeas, financial advisor Leo Goeas and sales associates Lehua Pahia and Sally Kihoi.

New York-based Capital Management Group, which works with high net worth investors, hired Christine Hyla as a financial professional. Hyla spent the last six years as a financial consultant at AXA Advisors, where she focused on financial and retirement planning strategies, insurance and wealth management. As financial professionals with Capital Management Group are registered with AXA Advisors, Hyla will retain her current book of business. Prior to AXA, she was an analyst at Rondeel Research Group.

Mitchell Harris was named as chief executive of BNY Mellon's investment management business, succeeding Curtis Arledge, who also led the markets group and has decided to pursue other opportunities. Harris, who already had responsibility for the daily oversight of the company's investment boutiques globally and wealth management business, will report to Gerald Hassell, BNY Mellon's chairman and CEO.

He was most recently president of BNY Mellon Investment Management - which has $1.6 trillion in AuM - having joined BNY Mellon in 2004 as CEO of its investment boutique, Standish. Earlier, he worked at Pareto Partners. Michelle Neal, president of the markets group who reported to Arledge, will now report to Hassell. Neal leads the company's foreign exchange, securities finance, collateral management, and capital markets businesses.  

Snowden Lane Partners, the wealth advisory firm, recruited financial advisor, Alex Arista, and private banking and lending specialist, Juan Moreno, from Merrill Lynch. Arista joined the LDR International Group, which focuses on non-resident clients and is headed by partner and managing director Rick Leyva. Snowden Lane welcomed the LDR group from Merrill Lynch in December. Moreno, meanwhile, joined the firm’s corporate team, reporting to managing partner and president Greg Franks. Both Arista and Moreno will work in the firm’s San Diego, CA, office, which is now home to six members of staff.

PIMCO re-hired Jamil Baz from Man GLG Partners as managing director and head of client analytics. Baz will join the firm in May from Man GLG Partners, where he most recently served as senior managing director and chief investment strategist. Before that, he managed global portfolios for PIMCO in Europe and held various roles at Goldman Sachs, Deutsche Bank and Lehman Brothers. In his new role, Baz will be based in Newport Beach, CA, providing studies and solutions in areas including asset allocation, risk management and portfolio construction. He will report to Ravi Mattu, managing director and global head of analytics, and Mihir Worah, managing director and chief investment officer for asset allocation.

ClearBridge Investments appointed Ryan Virag as a client portfolio manager in London as part of its growth strategy in Europe. In the newly-created role, Virag, who joined ClearBridge in 2012, will serve as a local investment management resource, while helping to build awareness of the firm and its offering among investors, consultants and financial advisors. Prior to ClearBridge, he was an investment strategist for global and international equity portfolios at Oppenheimer Funds. He has 15 years of investment experience, having also worked within the merchant banking division of Goldman Sachs and at Morgan Stanley.

Northern Trust recruited a five-person wealth management team in Houston, TX, as the bank celebrates 25 years in the market. The new team members are: Martha Voss, Brian Thomas, Chad Lyons, John Jacobi and Adam Brennen.

Voss, a senior vice president, senior lender and banking practice leader, is tasked with growing Northern Trust's lending and depository practice in Houston and Austin. She is also responsible for maintaining the quality of its credit risk portfolio. She joined from JP Morgan, having spent most of her 33-year stint there in private and commercial banking.

Thomas, a senior wealth strategist, will work with wealthy individuals and families. He was formerly a managing director at JP Morgan Private Bank in Houston. He spent 14 years at JP Morgan in total, working in San Francisco, CA, St Louis, MO, and Chicago, IL. Lyons, a vice president and banking relationship advisor, will coordinate a team focused on the financial and lending needs of individuals, families and corporations. Before joining Northern Trust, Lyons was in oil and gas banking at Scotiabank.

Meanwhile, Jacobi, a vice president and portfolio manager, will provide clients with investment strategies and asset allocation policies. He joined from Capital One Asset Management, where he was co-manager on several equity strategies, and managed portfolios for high net worth and institutional clients. Lastly, Brennen, a vice president and senior client advisor, will work with wealthy individuals, providing wealth planning services including investment management, trust and asset servicing and multi-generational advice. He previously spent ten years at Amegy Bank.  

Clarfeld Financial Advisors recruited industry veteran Marc Halsema as managing director and director of family office services. This is a newly-created position at the firm. Halsema, previously executive director of family office services at EY in Moscow and New York City, will work with family businesses and family offices globally, providing cross-border planning among other services.

Tennessee-headquartered Diversified Trust, the US wealth management firm based primarily in the Southeast, promoted nine senior staff across the three states in which it operates. Jo Clark, who oversees client account administration and reporting, was promoted to principal in Memphis, TN. Also in Memphis, Jay Davis was promoted to vice president. Davis is primarily responsible for accounting and treasury functions, and also oversees the preparation of monthly financial statements and other reports.

Other promotions in Tennessee included Stephanie Orton, Mary Raymond and Doug Turner to senior vice president in Nashville. Orton focuses on client account administration, while also being involved in operational initiatives. Raymond focuses on portfolio management and client service for institutions, individuals and retirement plans. She provides performance reporting, shares economic updates and makes allocation recommendations. Turner is Diversified Trust's head of operations, responsible primarily for managing the operations team and overseeing all aspects of client reporting.

Meanwhile, in Atlanta, GA, Lisa O’Connell was promoted to principal. O’Connell works directly with clients and contributes to the firm's client service initiatives in Atlanta. Additionally, business manager Jessica Stembridge was promoted to senior vice president. Stembridge leads the business management team which coordinates projects related to human resources, information technology, marketing, finance and accounting. Rounding off the Atlanta promotions, investment analyst Kevin Jamison was named as a vice president. His primary responsibilities include performance reporting and investment analysis. Lastly, in North Carolina Kim van Zee was promoted to senior vice president in Greensboro, where she oversees client account transactions and is responsible for administrative quality assurance.

The accounting, tax and advisory firm Marks Paneth added five new partners. Manhattan-based Isidor Hefter specializes in tax planning and research for corporate and high net worth individuals, as well as estate tax planning and representation before the Internal Revenue Service, and the State and City of New York. 

Another Manhattan appointment was that of Avery Neumark, who joined the tax group. He is an attorney with experience in employee benefits and executive compensation, as well as ERISA, pension audits, health and welfare plans, and compensation consulting. Also based in Manhattan is Dov Klein, who joined the firm’s real estate group but also serves clients in other industries.

Other real estate group hires included Frank Petitto and Neil Sonenberg, based in Woodbury, Long Island, and Manhattan respectively. Petitto specializes in audit services for the construction, real estate, insurance and apparel industries but also works with closely-held businesses. While Sonenberg has a primary focus on real estate, he has a diverse practice, the firm said. 

Canada's Dundee Corporation appointed Brad Henderson as president and chief executive of Sotheby's International Realty Canada, a component of Dundee's wealth management strategy. Sotheby's International Realty Canada is a real estate sales and marketing company for “exceptional” properties, Dundee said. Henderson was most recently senior managing regional director at real estate firm CBRE in Canada and the North-Central US region. Previously, he held senior roles at Colliers International and Royal LePage - both real estate firms also.

RBC Wealth Management hired Michael Schipper as a senior managing director and complex director of its San Francisco, CA, complex. He replaced Rob Spawn, who left the firm, RBC confirmed. At RBC, Schipper will oversee around 70 financial advisors and 125 total employees serving clients in seven branches: San Francisco, San Jose, Fresno, Monterey, El Dorado Hills, Walnut Creek and Oakland. He joined from Raymond James, where he was part of a team responsible for building out the West Coast presence. Before that, he helped merge the Morgan Stanley and Smith Barney cultures in the San Francisco area following that joint venture.  

Legg Mason hired Rick Andrews as its new head of international marketing, replacing Mike Evans who left the firm last year. Andrews was most recently a consultant at Aviva Investors, where he led the reorganization of the firm’s global business development function. He was previously interim global head of marketing at the firm. He has also served as: global head of marketing at Credit Suisse Asset Management; head of iShares marketing, Europe; and regional chief marketing officer at BlackRock - as well as similar positions at Cofunds and Merrill Lynch Investment Managers. Based in London, Andrews will be responsible for running Legg Mason’s marketing strategy across Europe, Asia, Australia and South America. He will report to Matthew Schiffman, the firm's global head of marketing.

Nathan Romano, who led the collaboration strategy for Credit Suisse’s investment and private banking operations in the Americas, left the Swiss bank as it retreats from managing money for US clients.

Romano, who joined in 2008 from Bear Stearns, was head of Credit Suisse’s “One Bank” initiative in the Americas. The initiative was launched over a decade ago by then-chief executive Oswald Gruebel to achieve better alignment between the bank’s main geographies and product lines, primarily by sharing of costs and clients.

Bank of America's US Trust reinforced its philanthropy team with two hires: Terry Hill joined as sales director focused on non-profit institutions, while Adriane Russo was named as a vice president and request-for-proposal specialist. Hill's Chicago, IL-based position at US Trust is newly-created, the firm said, in which he will report to Reidy. Specifically, he has been tasked with growing the Outsourced CIO (OCIO) business within US Trust's North-Central division. He joined from Hirtle Callaghan, and before that spent time at Northern Trust and JP Morgan Private Bank.

Meanwhile, Russo is based in Wilmington, DE, and will report to Chris Mottershad, RPF manager and senior editor. She spent the past ten years at Morgan Stanley in marketing, communications and business development roles for the firm’s investment advisory business – most recently as director of client relations and business development. In that role, she led business development efforts for the OCIO business, including the RFP response process.

Index Fund Advisors, an Irvine, CA-based RIA, brought in Derick Kann to manage its new office in Austin, TX, serving clients in the Lone Star state and across the Southwest. Kann, who was most recently a senior wealth manager at USAA Wealth Management Services, was named as a senior vice president and wealth advisor.

Asset Control, the financial data management firm, appointed Robert O’Boyle as managing director in the Americas, as it continues expanding its presence in the region. O’Boyle has over 20 years of business development and leadership experience working at technology and service companies in the financial services industry. He was president of Liquid Holdings Group, the cloud-based risk management solution provider, and spent over ten years in senior roles at Advent Software.

Toronto-headquartered Bullion Management Group hired David Chapman as chief economist. Chapman, an investment advisor, has over 40 years of experience in the financial industry, having spent most of his career on the trading desks of large Canadian financial institutions where he was a manager and dealer in money markets, foreign exchange and financial derivative portfolios. He also held roles at the Export Development Corporation, Canadian Imperial Bank of Commerce and Confederation Treasury Services. Chapman has also spent several years writing columns for Investor’s Digest of Canada.

Paul Springmeyer was promoted to investment leader of US Bank's Private Client Reserve in the Twin Cities. He was previously a portfolio strategist within US Bancorp’s Asset Management Group, responsible for research and due diligence for separately-managed accounts, mutual funds and exchange-traded products. Earlier, he worked at UBS Financial Services and Piper Jaffray. In his new role, he will report to Dan Farley, regional investment director at the PCR of US Bank.

John Abunassar joined Northern Trust Asset Management as head of North American sales and distribution, based in Chicago, IL. Abunassar will work within the institutional group, which provides investments globally to clients including family offices, corporations, foundations and endowments, and sovereign and government entities. He was most recently head of North American institutional business development and consultant relations at William Blair, where he also previously served as a business leader and investment committee member of the hedge fund strategies team. Earlier, he was a principal at Guidance Capital; president and CEO of Allegiant Asset Management; and also held senior roles with Banc One Investment Advisors.

There were more changes at Morgan Stanley Wealth Management following the recent departure of the unit's chief executive, Greg Fleming, and subsequent appointments of Andy Saperstein and Shelley O'Connor as co-heads. Vince Lumia, head of private wealth management, will take on extra responsibility for the strategic lead management group, which is responsible for encouraging referrals between various units of the bank.

Meanwhile, Ben Huneke is taking on a new role as head of investment solutions, while chief information officer Chris Randazzo is now also head of institutional wealth solutions. Other moves include expanding Lisa Golia’s role to chief administrative officer for all of wealth management, succeeding Adam Kudelka, who is taking a new position in the firm’s investment solutions group. (Golia is now responsible for field and client communications, the branch services organization and the technology training group.) Furthermore, Jim McCarthy was named as national sales manager and Jim Tracy is taking responsibility for Morgan Stanley’s consulting group. 

Bank of the West Wealth Management promoted executives in Southern California, across Orange County, Pasadena and the Inland Empire. Glenn Hamburger, market leader in Orange County, was promoted to senior vice president; Rachel DeLauro is now senior vice president and market leader responsible for the group's greater Los Angeles markets; and Jack Keleshian was named as senior vice president and will continue as market leader for the Pasadena market.

Hamburger was most recently senior vice president in Orange County and previously the private banking manager for Comerica Bank in the Orange County, San Diego and Phoenix markets. DeLauro now leads Bank of the West's private client advisors across Santa Barbara, downtown and west Los Angeles, and the San Fernando Valley. DeLauro has worked at BancWest Corporation for 27 years, having transferred from First Hawaiian Bank in 2012. Lastly, Keleshian manages a team of senior private client advisors and wealth management experts in the Pasadena and Inland Valley areas. Keleshian has more than 23 years of experience as a senior financial consultant, private client advisor and market leader.

United Capital Financial Advisers hired a chief financial officer and general counsel in the shape of Jon Frojen and Kris Beck respectively. Gary Roth, United Capital’s former CFO, was promoted to executive vice president and general manager to oversee the daily operations of the firm, which manages $15 billion and has over 80 offices. Frojen was previously CFO at Cetera Financial Group, which was sold to RCS Capital in 2014. Before this, he spent over a decade in the banking sector focusing on leveraged finance, debt capital markets and derivatives. Beck, who like Frojen will report to the firm's chief executive, Joe Duran, is United Capital’s first general counsel and joins with nearly four years of experience as the legal executive at an RIA. Earlier in her career, she was with O’Melveney & Meyers, a law firm in the financial sector.

John Dix and Karee Sampson left Wells Fargo Advisors to join US Capital Advisors' Dallas, TX, office as the Dix Sampson Consulting Group. Dix was named as a senior managing director and Sampson a managing director. Robin Austin and Courtney Watson joined them. Austin is a financial advisor and was given the title of associate director; Watson is a senior registered associate and was named an associate director. The team will report to Ford McTee, senior managing director in charge of Dallas and Austin markets at USCA.

Bank of America's US Trust made eight hires across seven states. In California, Kimberly Backus joined in Newport Beach as a portfolio manager, having previously been a product development manager at Research Affiliates. The firm also made two appointments in the Sunshine State, including Marsha Purvis in Jacksonville as a personal tax accountant. Purvis was previously a tax accountant at the company. Additionally, Derek Hong joined the Palm Beach, FL, office as a portfolio manager. Hong came from PNC Wealth Management, where he was a senior investment advisor.

Meanwhile, in Massachusetts, Terry Mullany joined from Goldman Sachs in Boston as a private client advisor while, in Nevada, Heather Navarro joined in Las Vegas as a private client manager. Navarro was previously a vice president and affluent segment leader at Wells Fargo. In New York, Elizabeth Haney joined as a sales executive from Credit Suisse Securities, where she was head of strategic client development.

Continuing the hires, Jeffrey Carson joined US Trust's Nashville, TN, office as a senior trust officer. He previously worked at Vasallo, Sloan Law as a trust and estates managing attorney. Lastly, in Texas Amanda Cecil joined in Dallas as a private client manager. Cecil previously worked at Comerica as a vice president and project manager of national sales.

Oppenheimer & Co named former wealth management compliance head at UBS, Doug Siegel, as a managing director and chief compliance officer. Siegel has worked for around 30 years in compliance and wealth management, spending time at firms including Smith Barney and UBS and their respective predecessor firms.

TotalBank, which is based in south Florida, took on a new private banker, Alexandra Ruiz, and sales director, Ana Contreras-Ludvigsen. Ruiz, also a vice president, joined from City National Bank – Bci Financial Group, where she was an assistant vice president and personal and small business banker. Contreras-Ludvigsen, also a vice president, will be responsible for the overall financial performance of the firm's downtown banking center.

JP Morgan Asset Management recruited Daniel Notto as a managing director and ERISA strategist within its retirement solutions group. Notto is tasked with strengthening the firm's focus on current legislative and regulatory changes, as well as helping inform product strategy and providing updates to plan sponsors and financial advisors on policies that could impact defined contribution (DC) plans.

Geneva-headquartered Union Bancaire Privée appointed Frédéric Carbonnier as the new chief executive of UBP Investment Advisors, an independent subsidiary that was created by its parent in 2014. He took over from Andreas Kurath. UBP IAS is a Swiss company registered with the US Securities and Exchange Commission; it specializes in managing investment portfolios for US residents and citizens. Carbonnier has worked in the banking sector for almost 30 years, working in particular with US clients. He has spent around 12 years working in North America.

Pershing unveiled its new chief operating officer as Lori Hardwick, taking over from Lisa Dolly, who was appointed as chief executive. Hardwick takes up her new role on February 29 and joins from Envestnet, where she held a variety of roles managing its enterprise, sales, services, advisor orientation and on-boarding divisions. Most recently, she was the company's group president of advisory services. Earlier in her career, Hardwick worked at Nuveen Investments and Griffin, Kubik, Stephens & Thompson.

BNY Mellon hired Andrew Seested as a senior wealth director for business development in Washington, DC. Seested was previously a private wealth advisor and vice president for over two years at Sandy Spring Trust in Bethesda, MD. Before that, he worked at PNC Wealth Management, UBS and Citi. In his new role at BNY Mellon, Seested reports to Washington regional president, Susan Traver, and Garrett Alton, Mid-Atlantic regional sales director.

US Capital Advisors added managing directors Joseph Klein, Stephen Hines and Doug Masterson to its wealth management division in Houston, TX. The team has worked together for 25 years and managed over $1 billion in assets at their former firm, Amegy Bank. They previously worked at JP Morgan. USCA's wealth management division provides advisory services to high net worth individuals and family offices. The company is based in Texas and also has offices in Dallas and Austin.

Victor Bonilla joined Envestnet | Tamarac as vice president of strategic relationships – a new role at the company. Bonilla will work to bolster Tamarac's partnerships with custodians and other third parties by driving greater collaboration in the areas of training, integration, marketing and sales. He was most recently a senior team manager responsible for a group of technology and business operations consultants within Charles Schwab Advisor Services. He also served as a senior technology consultant at Schwab, working with RIAs. Firms with which Tamarac has significant relationships include Fidelity, Schwab, TD Ameritrade, Pershing and Raymond James.

Illinois Bank & Trust promoted Jeff Hultman to president and chief executive, succeeding Steven Ward, who will relocate and become president of Centennial Bank and Trust in Denver, CO. Ward completed a nearly eight-year stretch as president and CEO of Illinois Bank & Trust. Both Illinois Bank & Trust and Centennial Bank and Trust are subsidiaries of Heartland Financial USA, a Dubuque, IA-based community bank holding company. Hultman most recently served as market president of Illinois Bank & Trust, having joined in 2011 as executive vice president in charge of commercial, treasury management and private banking. Earlier, he served as Rockford area president of commercial banking at JP Morgan, where he worked for 14 years.

TD Wealth Private Client Group named Vincent Mattone as a vice president and relationship manager in the metro New York City market. Mattone was previously a client advisor at Bernstein Private Wealth Management in New York and before that a financial advisor at Morgan Stanley within the corporate executive services group.

The Private Client Reserve of US Bank hired Kevin Churchill as a portfolio manager in Scottsdale, AZ, also tasked with covering Nevada. Churchill was previously a portfolio manager at HighMark Capital Management with MUFG Union Bank in Beverly Hills, CA. He has 19 years of experience in private wealth management.

BNY Mellon's Pershing, a global provider of financial business solutions, named Lisa Dolly as the company's new chief executive, effective February 16. Dolly, currently the firm's chief operating officer, will succeed Ron DeCicco, who has decided to retire from his role as CEO of Pershing. As part of the leadership transition, he will serve as an executive advisor over the next year working closely with Dolly, Pershing's executive committee and key clients.

Over her 25-year career at Pershing, Dolly held numerous leadership roles before becoming Pershing's COO. She was responsible for the firm's managed investment business and Lockwood Advisors; managed global operations; and served as chief administrative officer. An announcement of Dolly's successor as chief operating officer of Pershing is expected in the coming weeks.

FolioDynamix, a provider of wealth management technology and advisory services, added Meghan McCartan to its executive team, tasked with heading up the firm's marketing efforts.

ClientWise, the training and consulting firm in the financial services sector, recruited former Envestnet executive Penny Phillips as director of practice management. This is a new role at ClientWise, the firm confirmed. Phillips was previously a vice president in the strategic consulting group at Envestnet and before that corporate vice president of practice management at Eagle Strategies, an RIA and wholly-owned subsidiary of New York Life.

Harbert Management Corporation promoted senior vice president John McCullough to executive vice president. McCullough, who joined HMC in 2006 and was appointed to the board of directors in 2014, joined the firm's executive committee. He will continue as general counsel and secretary. Before HMC, McCullough was a partner at the law firm Balch & Bingham.

The New York City-based RIA Sontag Advisory named Michael Delgass, a managing director of the firm since 2005, as chief executive. Before joining Sontag Advisory in 2005, Delgass was a partner at New York metro and New England law firms including Day Berry & Howard and Cummings & Lockwood. His practice expertise was in the areas of estate, tax, succession, asset protection and business planning. The firm toldFamily Wealth Report that Howard Sontag, founder of Sontag Advisory, will serve as chairman and senior managing director going forward while Delgass takes over as CEO.

Michigan-based Greenleaf Trust appointed George Bearup as a senior trust advisor. Bearup has practiced law in Michigan for over 30 years, during which time he has gained expertise in trusts, estate and retirement planning. He joined from Smith, Haughey, Rice & Rogue, Attorneys at Law, where he was a founding member of the firm's Traverse City office.

Members of BCRS Associates, including co-founders John Cook and Joe Bulger, are now part of EY's private client services tax practice and aligned within the Big Four accountancy firm’s financial services organization.

Robertson Stephens, a global wealth advisory and investment management firm for the high net worth, made four new hires. Gordon Fallone, Jim Kozak and Wesley Gordon were named as managing directors and Dan Barth was named as operations manager. They will report to Ren Riley, president of Robertson Stephens Partners, a subsidiary of Robertson Stephens.

Robertson Stephens Partners provides capital to entrepreneurial clients to help them grow their businesses and manage their liquidity needs at the corporate and individual level. The team will focus on direct investment opportunities in next-generation companies. Fallone, Kozak and Gordon were all previously managing directors at ROTH Capital Partners; Barth was an associate at the company.

The Colony Group promoted Terri Feeney, Jennifer Geoghegan, Michael Haber and Matthew Ilteris to principal, bringing the company's total number of principals to 32. Feeney is chief financial officer of The Colony Group; Geoghegan is chief marketing officer and advisor coach; Haber is a senior financial counselor in Colony Wealth Management, the firm's financial counseling division; and Ilteris is a senior financial counselor in Colony Wealth Management. The firm also promoted several members of its wealth management team: Lori Deane, Shaun Thompson and Bill Weydemeyer were all promoted to senior financial counselor; Jack Clark was promoted to financial counselor, and Connor Sullivan was promoted to senior associate financial counselor.

RBC Wealth Management hired a team of three financial advisors in Midtown New York. Managing director Scott Edwards, managing director George Kursar and senior vice president Michael Occhiuto are formerly of Jefferies’ New York City office. The team has $4.1 million in production and a combined 30 years of industry experience.

The Farmington-based RIA Connecticut Wealth Management promoted Elizabeth DeBassio to director. DeBassio has been with CTWM for nearly three years, most recently serving as a senior financial planner. Prior to joining CTWM, she worked at Filomeno Wealth Management and Brown & Brown. She has also been a personal financial advisor to the former US Ambassador to Austria and a public accountant for Deloitte and Touche.

Anna Snider was appointed as head of due diligence for Bank of America's Global Wealth & Investment Management CIO unit, taking over from Brian Partridge, who was recently named as head of sales of managed solutions. Snider most recently led the global equity due diligence team within investment management and guidance. She joined the company in 2003 and previously worked at the Federal Reserve Bank of New York, JP Morgan and UBS. In her new role, she will report to Chris Hyzy, chief investment officer for Bank of America’s Global Wealth & Investment Management division, which includes Merrill Lynch Wealth Management and US Trust.

Edward Butler joined Fieldpoint Private from Bessemer Trust as a managing director and senior advisor in New York City. Butler was previously a senior vice president and client advisor at Bessemer Trust, working with client families across the Americas as well as the Caribbean.

TD Wealth Private Client Group named Raymond Radigan as a senior vice president and head of private trust in the US, based in New York. It is unclear if this is a new role or if Radigan - who will manage TD Bank's trust business spanning Maine to Florida - replaced anyone.  He was previously a managing director of trust for the east region at US Bank and before that was a managing director at Bank of America Private Wealth Management's US Trust in New York City.

Caplin & Drysdale, the law firm, named attorney Rachel Partain as a member of the firm and attorney Jeanna Koski as of counsel, based in New York and Washington, DC, respectively. Partain is a member of the firm's tax controversies and tax litigation practice groups, representing high net worth individuals, corporations and TEFRA and other partnerships. Koski meanwhile works within the complex litigation and bankruptcy practice groups, concentrating on individual and corporate clients, including institutional investors and creditors' committees. She also acts on behalf of clients in fraudulent transfer and creditors' rights litigation, and has experience in toxic tort litigation, a type of personal injury lawsuit.

UBS Wealth Management appointed Vinay Pande to the newly-created role of managing director and head of trading strategies in its chief investment office. The teams under Pande are based in New York and London. Prior to joining UBS, Pande was a partner at hedge fund manager Brevan Howard in New York City. He and his team of three former colleagues will form part of the CIO's recently created ultra high net worth and alternatives team. Pande joined Brevan Howard in 2012 and managed a global multi-asset fund for the firm. He was previously a managing director and chief investment advisor at Deutsche Bank from 2006 to 2012, and a portfolio manager at hedge fund manager Caxton Associates from 2004 to 2006. He held trading roles across a variety of asset classes at Goldman Sachs, Credit Suisse and JP Morgan Chase from 1993 to 2004. He worked for the World Bank from 1985 to 1993, including serving as its chief investment officer.