A round-up of the senior moves and appointments in the world's wealth management industry during August. While a "holiday month," the unusual circumstances of the time meant that there was plenty of activity.

International moves 
VP Bank named Marcel Tschanz as chief transformation officer - a newly-created post. Previously, he worked as a partner in PwC’s Swiss banking advisory business. The move was a return to VP as he had been chief executive of its Swiss franchise from 2011 to 2013.

Vermeer Partners, the London-based investment management partnership, said that James Edgedale, former chairman of JM Finn, was scheduled to take up the role of joint chairman in July 2022 alongside Michael Kerr-Dineen.

Corporate services and funds solutions provider Zedra appointed Damien Fitzgerald to lead its Guernsey fund offering. Fitzgerald spent the bulk of his career in Guernsey’s financial services industry in fund administration, corporate governance, accounting and auditing. Prior to joining Zedra, he was head of funds at TMF Group and has served in several other senior roles at Guernsey-based administrators. He is a fellow of Chartered Accountants Ireland and holds a diploma from the Institute of Directors.

Global funds services provider JTC appointed Aidan Davin as managing director to head operations in the Isle of Man. The private client veteran spent 13 years working at a senior level in the Isle of Man and has joined from Equiom Group, where he was chief operating officer for the Crown Dependencies offices and a director at the firm since 2008. He began his career in London with the RBS Group Trustee office, before moving to the Isle of Man in 1991 to join RBS International, later joining RBS Coutts Offshore.

KPMG in the UK appointed Daniel Barry as a partner within its wealth and asset management regulatory practice. Barry leads the firm’s risk and compliance advisory capability in this sector. He has more than twenty years’ experience in the field, having spent eight of those at Deloitte. 

Deutsche Bank appointed Dominique Jooris as Asia-Pacific head of wealth solutions. Jooris was most recently chief executive of Bank Pictet & Cie in Singapore, prior to which he served in a number of senior roles, including 11 years at Goldman Sachs in both Asia (excluding Japan) and Europe, the Middle East and Africa. 

Fidelity International appointed Caroline Shaw as a portfolio manager in its solutions and multi-asset team. Shaw, who has more than 20 years of industry experience, joined from Courtiers Asset Management Limited, where she was head of asset management. 

Boris Collardi stepped down from his role as managing partner of Swiss private bank Pictet. No reason was given for his departure.

Credit Suisse appointed Christian Egli Kehrle as chief of staff reporting to CEO Thomas Gottstein. Kehrle was finance chief of Neue Aargauer Bank for 18 months before Credit Suisse closed this subsidiary down as part of a restructuring last August. Prior to the Neue Aargauer role, he worked at Credit Suisse in various positions for more than 22 years.

DWS appointed Aleksandra (Sasha) Njagulj as global head of ESG for Real Estate. She is based in London and reports to regional real estate heads Todd Henderson and Clemens Schaefer. A qualified architect, Njagulj joined from CBRE Global Investors, where she was global head of ESG with overall responsibility for developing sustainability priorities across all business lines. Before that, she was department head of sustainability, R&D and innovation at sustainable design firm Bouygues UK.

Wealth manager Brooks Macdonald added two offices in the North West and Edinburgh. Jennifer Christian joined as business development manager for the North West; and Natalie Tysoe joined as an investment director in Edinburgh.

Christian was most recently an investment specialist for the North West at Schroders Personal Wealth. Prior investment experience, with over 15 years in the industry, includes roles at Wealth at Work, Quilter Cheviot and Deutsche Bank. Previously Tysoe worked at Schroders where she was an investment specialist. Before that she worked in investment roles at Lloyds Banking Group, Abrdn and Brewin Dolphin.

Rotterdam-based Robeco added four members to its sustainable investment research team reporting to Carola van Lamoen. Rachel Whittaker joined as head of the team. Researchers Giulia Schettino, Ally Wong, and Federico Silvano were the other new members.

Whittaker, based in Zurich, joined from UBS, where she was an SI strategist in the CIO Office of the global wealth management arm. New researchers Schettino and Wong also moved from UBS and cover technology, media and telecom, financials and real estate, among other sector areas. Silvano, who moved from Allianz Global Investors, joined Robeco's heavy industries SI Research cluster.

Succession, the UK financial planning and wealth management group, appointed Andrew Barker as director of proposition. Barker joined from Standard Life where he was head of advice proposition and delivery for the digital retirement advice business.

Quilter Cheviot hired two business development managers for two of its regional offices. Marshall Docherty joined Quilter Cheviot’s Edinburgh office from Aberdeen Standard Investments, where he was an investment sales team manager, responsible for regional distribution across multiple channels. Nick Lumb was appointed to Quilter's new Leeds office. He joined from Franklin Templeton, where he was responsible for discretionary and advisory relationships across the North of England and Scotland. They both report to managing director Michelle Andrews.
 

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Schroders Capital appointed James MacNamara as head of operational real estate strategies. He joined from SVP Global where he was co-head of European Real Estate. MacNamara, who also held senior positions in real estate and private equity at Kildare Partners, Mount Kellett Capital Management and Perella Weinberg Partners, has over 20 years in the sector. He reports to Schroders Capital’s global head of real estate, Sophie van Oosterom.

Brewin Dolphin appointed Don Percival as a wealth director in its 1762 team based in Mayfair. 

HSBC named Ibrahim Al Abed as head of private banking to lead its private banking business in Qatar. Al Abed reports to Sobhi Tabbara, global market head in private banking for the Middle East and North Africa, and Abdul Hakeem Mostafawi, CEO of HSBC Qatar. He joined the bank’s Qatar office in 1999.

Coutts appointed Paul Bagatelas as its new head of the international business. Warren Thompson was covering the role as part of his role as head of UHNW business. Bagatelas began his career at the US Department of State, first in Washington and then in Brussels. Since then, and spanning across more than 30 years, he has worked all over the world in private and institutional wealth management, including launching The Carlyle Group’s first ever office in Dubai, servicing the Middle East. Most recently, Bagatelas was at Aviatrans, the global consultancy in aircraft management and marketing, where he was responsible for managing and advising on investments for a private family office, as well as structuring and negotiating the group’s potential partnerships.

Saffery Champness Registered Fiduciaries appointed Dr Yumei Zhang as a client director in the firm’s Geneva office. Dr Zhang has almost 20 years’ experience in the private client, trusts and wider finance industry, specialising in advising clients originating from Asia-Pacific with complex multi-jurisdictional requirements including either assets or beneficiaries in the US and Europe. Prior to this, Dr Zhang worked as director, at Vistra.

Tilney Smith & Williamson appointed Rayhan Ghandi as an investment manager based in its office in Guildford, Surrey. Ghandi previously worked at Charles Stanley, starting as a finance assistant in 2013; he was later promoted to the position of investment manager. 

Chelverton Asset Management appointed Henry Botting as assistant fund manager, working alongside James Baker and Edward Booth, co-managers of the MI Chelverton UK Equity Growth Fund. Botting has seven years’ experience in equity research and investment management. 

European crypto financial technology platform YouHodler appointed former Union Bancaire Privée senior figure, Igor Bannikov, as chief risk and compliance officer, and member of its management team. 

Credit Suisse named former Allianz Global Investors senior figure, Wolfram Peters, to the newly-created role of chief risk officer for asset management. Peters reports to Joachim Oechslin, interim chief risk officer, with “dotted line” reporting to Ulrich Körner, chief executive for asset management. He spent 16 years in various senior risk management positions at Allianz Global Investors, including global chief risk officer and membership of the board of Allianz Global Investors GmbH. Prior to this, he was CRO for Europe and Germany, respectively, and head of portfolio risk for Germany. Before Allianz, Peters spent six years as a management consultant at McKinsey & Company in Germany.

Barclays Private Bank appointed Juliet Agnew as head of philanthropy. She replaced Emma Turner, who was key in developing the division, and retired after more than 12 years at Barclays. Agnew, who reports to Lisa Francis, head of the UK and Crown Dependencies, has spent the last decade working with companies, charitable foundations and families in the philanthropic sector. She began her career working with human rights and international development charities. Previous roles include managing director at the Utley Foundation, director of UBS Philanthropy Services, director of the charitable foundation of Ashmore Group and head of philanthropy at IG Advisors.

ZEDRA, which provides corporate services, global expansion, wealth and fund solutions, appointed Joe McBurney as business development director. McBurney is based in London. Over the past 20 years, he has worked in the trust and fiduciary industries in Jersey, the British Virgin Islands, Switzerland, the UK and Singapore. Most recently, he spent eight years in senior management positions for independent trust companies leading corporate and fund administration services projects.

Global financial services consultancy Sionic appointed Scott Lee as a partner in the firm’s wealth management and private banking practice, led by Sionic managing partner Gilly Green. Lee previously worked as investment management director in the wealth and asset management practice at accountancy firm KPMG.

Schroders said financial industry figure Dame Elizabeth Corley joined its board as a non-executive director. Dame Elizabeth has more than 45 years' experience in the sector including as CEO of Allianz Global Investors, and previously at Merrill Lynch Investment Managers and Coopers & Lybrand. She is a non-executive director of Pearson, BAE Systems and Morgan Stanley and is also the chair of the Impact Investing Institute. 

Dimensional Fund Advisors added a number of people to its London-based Europe, Middle East and Africa investment team. Paul Foley took up the role of head of EMEA portfolio management and Kipp Cummins became head of EMEA fixed income. Before this, Foley served as senior portfolio manager and vice president of Dimensional UK. Prior to that, he was a portfolio manager. Foley joined Dimensional in 2003 on the trading team.

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Asia-Pacific
UBS appointed Nicola Pantone and Rodolphe Larqué as the new co-heads of UBS Global Wealth Management Capital Markets in Asia-Pacific. They succeeded Conrad Huber who took on the role of business sector head for GWM Greater China SG, Indonesia and Japan International.

With more than 20 years of experience in capital markets and derivatives, Pantone joined from HSBC where he was head of wealth sales for Asia-Pacific. He has experience in equity derivatives in his previous roles of leading equity derivatives sales teams for Asia at HSBC, for Hong Kong at Société Générale and for London and Hong Kong at Deutsche Bank.

Larqué came from Credit Suisse Private Banking APAC where he was head of managed solutions for Asia-Pacific and head of products in Singapore. Prior to that, he was head of fund solutions for Asia-Pacific, responsible for fund selection and advisory, and head of structured products advisory, APAC, spending 10 years in structuring and advising on structured products. 

The duo report functionally to Patrick Grob, co-head of distribution IB [investment banking] Global Markets. Pantone is based in Hong Kong and reports locally to Dan Murphy, co-head of Distribution, IB Global Markets APAC. Larqué is based in Singapore and reports locally to Eric Lafon, co-head of Distribution IB Global Markets.

Indosuez Wealth Management in Asia appointed Ian Koo as head of asset management for the bank’s Hong Kong branch. Functionally, Koo reports to Grizelda Lee, head of asset management Asia of the firm’s public markets solutions business. Koo has 15 years’ experience advising bespoke investment solutions and growing portfolios for ultra-high net worth clients across Asia.

Credit Suisse hired Matthew Peh as a managing director and team head of emerging Asia and ultra-high net worth investment consulting - a newly-created role. Peh is based in Singapore and reports to Claude Harbonn, head of investment consulting, private banking for South Asia. Peh has more than 14 years of wealth management experience. Previously, he worked at Deutsche Bank Wealth Management seven years, most recently as team head Southeast Asia investment management group. Prior to that, he served as a client advisor for the UHNW team at UBS. Before UBS, he was with JP Morgan Private Bank as an investment specialist, focusing on UHNW clients.

Additionally, Lucas Hong and Suzanne Yeo, both investment consultants, started with Credit Suisse. Hong has nine years of investment advisory experience with various private banks. Most recently, he was an investment advisor at Deutsche Bank Wealth Management for six years. Prior to that, he had a similar role at UBS with the active portfolio advisory team for three years. Yeo joined from Deutsche Bank where she spent six years as an investment consultant with the Southeast Asia team, serving clients in Indonesia, Singapore, and Malaysia.

Benjamin Tan was named interim head of managed solutions, Asia-Pacific at Credit Suisse. His predecessor, Rodolphe Larqué, left the bank to pursue other opportunities. Tan, who re-joined Credit Suisse in 2004 as a foreign exchange (FX) sales dealer, has more than 20 years’ experience in the products space. Over the years, he has served in several managerial roles across the private banking sales and execution teams for FX, equities, structured products and fixed income. 

United Overseas Bank set up a group focused on developing products and services for high net worth clients. UOB also hired Chew Mun Yew. Chew has more than 20 years of experience in the financial services industry in Asia, serving in senior roles in fields that included strategy, risk management and wealth management. He was also a senior banking and insurance regulator for more than five years. Most recently, he was Greater China Group head, Julius Baer, in Singapore. Chew, who will be joining UOB in December, will report to Eddie Khoo, head of UOB’s group retail business.

Sock Leng Ang, who had been head of credit advisory, Southeast Asia for HSBC Private Banking, left the bank. 

Taipei-based XREX, a fintech using distributed ledger technology, appointed former Standard Chartered figure Christopher Chye as managing director of its Singapore business and director of product. In this dual role, he is responsible for overseeing XREX's businesses and operations in Singapore and bringing new value propositions to its clients. Prior to this, Chye worked in commercial banking, consumer banking, wealth management and financial crime compliance at Standard Chartered. Before joining Standard Chartered, Chye was a management consultant with KPMG.

Matrixport, the Asian digital assets financial services platform, appointed Justin Buitendam and Omid Zadeh as directors of business development and sales. Based in Australia, Buitendam was a senior addition to the business development team in Asia, while Zadeh leads business development in Europe, Middle East and Africa, based in the UK.

Deutsche Bank Wealth Management named former Credit Suisse senior figure Alania Hsu Concepcion as investment management team head for South-East Asia. She is based in Singapore. Hsu Concepcion reports to Coo-Way Law, managing director, head of Southeast Asia investment management. She recently returned to Singapore, after spending four and a half years in Europe running her own company and pursuing her interests in environmental, social and governance investment and the fintech industry. She was previously head of investment consulting for the Singapore and Malaysia markets for Credit Suisse. Prior to that, she was co-head of private banking sales for Barclays Bank, managing a team responsible for the structuring, sales and trading of capital markets products for private banks and family offices in Singapore and Hong Kong.

Lawrence Goh joined Standard Chartered Private Bank as managing director, deputy market head for its private banking business, for the ASEAN and South Asia region. Based in Singapore, Goh reports to Cedric Lizin, regional head, private banking ASEAN and South Asia, and global head of global South Asian community. With more than 20 years in financial services, and 15 years in private wealth management in the ASEAN region, Goh was formerly at Bank of Singapore for 12 years. Goh started his tenure in private wealth in investment consulting with Citi Private Bank covering ultra-high net worth individuals and families in Singapore, Malaysia, Brunei and Australasia. 

Hywin Holdings approved the appointment of Wai Lok (Lawrence) as chief financial officer. Zhou Huichuan, the previous CFO, assumed the role of vice president of strategic projects. Prior to joining Hywin, Lok was a senior investment banker at Citigroup, where ge led IPOs, private fundraising, mergers and acquisitions and other major transactions for technology, media and telecom companies and financial service groups in China and other parts of Asia. He has had over 15 years of professional investment banking experience working in the US and Hong Kong.  

State Street appointed Taro Kuryuzawa as country head for Japan, with immediate effect. Based in Tokyo, Kuryuzawa reports to Mostapha Tahiri, chief executive officer for Asia-Pacific. Kuryuzawa joined State Street in May from Deloitte Tohmatsu group where he was most recently head of institutional investor coverage in Japan and global lead client service partner, overseeing large insurers and global institutional investor accounts in Japan. Prior to Deloitte, he held several senior positions at Citigroup, including its global private equity fund, CVC International, for almost a decade.

Nomura hired more than 25 private bankers and investment advisors in Singapore and Hong Kong for its international wealth management business over the past six months. Some of the senior hires include:

Client coverage
Richard Hu, managing director, group head for Greater China relationship management. He joined from Bank of Singapore where he was MD and market head for Greater China. He has more than 20 years of experience in wealth management, having worked at Julius Baer, and the private banking divisions of HSBC, Credit Suisse, UBS and Citi in previous roles, focusing on Chinese and Taiwanese high net worth clients. 

Melani Hoesada, MD and team lead for Southeast Asia. She has more than 30 years of experience in private banking and has had several prominent roles as team head and senior relationship manager across institutions. Before joining Nomura, Hoesada was a client advisor and desk head at UBS Wealth Management. Prior to that, she was team head at Deutsche Wealth Management.

Kapil Poply, MD and team lead to cover the Southeast Asia and non-resident Indian markets. He has more than 20 years’ experience managing ultra-high net worth clients and joined from Standard Chartered where he was a managing director in private banking.

Jeanna Chan, executive director, team lead for Greater China. She has more than 25 years of private banking, investment banking and asset management experience. These include her positions as executive director and team head for the Greater China region at Bank of Singapore and director and senior relationship manager for the same region at Credit Suisse.

Sarah Lee, executive director, team lead covering the Greater China market. She joined from Deutsche Bank where she had a similar role serving HNW clients from China, Hong Kong and Taiwan. 

Andrew Au, executive director, relationship manager in the Greater China team. Prior to Nomura, he was an advisor for about a year with Hong Kong-based Maxco, which provides business advisory services to corporates and individuals.

David Huang, executive director and RM for Greater China. He moved from Bank of Singapore where he was an executive director focused on ultra-HNW clients from China. He has been in Hong Kong since 2006, when he joined UBS’s private bank and has also worked in the private banking divisions of BNP Paribas and Bank of China in the city. 

Gaurav Gupta, appointed executive director and RM for Southeast Asia and NRI markets. He joined from Standard Chartered’s private bank where he was an executive director in the division focusing on the global South Asian community. He has over 16 years’ experience in managing UHNW non-resident Indian and global client relationships across Southeast Asia and the Middle East. His previous stints in private banking include UOB and ANZ in Singapore, and HSBC and ING in Mumbai, India.

Sharon Bahl, named executive director, RM covering the NRI market, brings over 30 years of experience in wealth management. She moved from BNP Paribas where she worked for almost nine years in Singapore in various capacities, starting as director and RM within the key client group and later as director and team leader for the UAE desk within the NRI team. Before that, she worked at Barclays Private Bank in Singapore and Credit Suisse in London. 

Gautam Sareen was named executive director and RM to cover the Southeast Asia and NRI markets. He has over 18 years of experience as a relationship manager covering Southeast Asia and the Indian subcontinent. He joined from BNP Paribas.

Nishant Chugh, made executive director and RM focusing on Southeast Asia. Prior to Nomura, he was a director in private banking at BNP Paribas in Singapore. He has 15 years’ industry experience.

Gareth Nicholson, made  executive director, chief investment officer and head of discretionary portfolio management. He joined from Bank of Singapore where he was executive director, head of fixed income discretionary portfolio management. Previously, he spent 12 years with Aberdeen Standard Investments as a senior portfolio manager.

Symon Tilberis, who has spent 19 years in international wealth and asset management, was appointed as executive director and head of family office services. Prior to Nomura, he was an executive director at BNP Paribas, where he headed the key client group, working with Asian single-family offices and UHNW clients. He also worked for UBS.

Olaf van Duijnhoven was named executive director and team lead, investment advisory. He moved from Standard Chartered Private Bank where he worked for 10 years. He also worked at Deutsche Bank. 

Albert Wong, who has been in the banking industry for 20 years, was appointed as executive director, investment advisors. Before Nomura, he was an investment counsellor at HSBC Private Bank, and before that, global investment specialist at JP Morgan Private Bank. He has also held multiple positions across products structuring and client servicing at Citi Private Bank and Merrill Lynch.

Philippe May, appointed managing director for its Arton Capital’s Singapore business and head of Asia-Pacific, left the organisation for personal reasons. May worked at Arton Capital, which advises wealthy individuals on citizenship/residency-by-investment programmes, for five years. After stepping down, May’s responsibilities were taken up by Miloš Stojanovi and Lora Georgieva.

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Schroders appointed Susan Soh as head of the firm's Asia Pacific business. In April 2020, Soh and Chris Durack were appointed as co-heads in the Singapore-based role. Durack decided to leave Schroders citing “a change in family health circumstances” preventing his planned relocation to Asia to continue leadership responsibilities. He was a senior figure at Schroders for more than a decade. 

Harneys law firm named Yucheng Fan as a partner in its Investment Funds practice, based in Hong Kong. Fluent in four languages, including Japanese, Yucheng Fan, who joined from another Hong Kong offshore law firm, specialises in Cayman Islands and British Virgin Islands fund business. He advises on creating and maintaining private equity funds, venture capital funds, corporate capital funds, hedge funds and unit trusts.

BOC Hong Kong (Holdings) appointed Liu Jin as vice chairman, non-executive director and member of the nomination and remuneration committee and the strategy and budget committee.
 
Former Credit Suisse managing director Lillian Liao joined Citi Private Bank in a new Singapore-based role as global marketing manager for China. Liao is responsible for managing a team of private bankers serving Mainland Chinese entrepreneurs based in the financial hub. Liao reports to Rudolf Hitsch, Citi Private Bank North Asia head and Lee Lung-Nien, chairman and South Asia head. During 20 years in wealth management, she has worked for HSBC, UBS and Deutsche, and was most recently as a senior client partner serving clients from China at Credit Suisse.

Saffery Champness Registered Fiduciaries appointed Dr Yumei Zhang as a client director in the firm’s Geneva office. Dr Zhang has almost 20 years’ experience in the private client, trusts and wider finance industry, specialising in advising clients originating from Asia-Pacific with complex multi-jurisdictional requirements including either assets or beneficiaries in the US and Europe.

VP Bank announced several changes to its Asia business:

Esther Fung joined as a senior wealth planning specialist with the rank of executive director. Fung supports development and broadening of VP Bank's wealth and succession planning solutions in Asia. Fung has more than two decades’ experience serving ultra-high net worth individuals and families. Prior to joining VP Bank, she worked for DBS, Equity Trust and BNP Paribas, and is a full member of the Society of Trusts and Estate Practitioners. 

Thomas Jost left the bank from his role as head of intermediaries for Singapore to pursue other opportunities. Markus Wolf stepped in to take over the role ad interim. Wolf, who joined VP Bank Singapore in 2019, has more than 15 years of Asia private banking experience in strategy development and business management. He reports to the interim head of Singapore, Thomas Rupf. 

Luca Kast assumed the newly-created role of business manager Asia, reporting to chief of staff for Asia, Heline Lam. Deputy head of operations for Singapore, Kast has been with VP Bank for four years; in his new capacity, he works with Lam to drive the strategic business initiatives for the region. 

Karen Tan, head of private banking in Singapore, continues to lead the private banking business, reporting to Rupf. 

The VP Wealth Management (Hong Kong) business said that after a 15-year career with the bank, Clare Lam retired from her role as chief representative/head of Hong Kong. She assumed the role of senior advisor.

Reto Marx moved from being head of intermediaries and private banking for Singapore. He relocated to take on the role of chief representative/head of Hong Kong. Marx reports to CEO for Asia, Pamela Hsu Phua.

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North America UBS Wealth Management USA appointed a four-person advisor team in Santa Barbara, California. The team, led by financial advisor Mark Brenner, also includes financial advisor Kip Paulson, senior wealth strategy associate Shawn Hill, and registered client associate Nathan Cha. Brenner, who has worked for more than 12 years at Merrill Lynch, has more than 30 years of industry experience. Paulson worked as an advisor and portfolio manager for nearly four years at Merrill Lynch. He has roughly 18 years of industry experience, including 10 years as a sell-side equity research analyst covering tech and media stocks at Cantor Fitzgerald. Hill has been with the team for more than 14 years, most recently as a registered senior wealth management client associate at Merrill Lynch. Cha has been with the team since 2018, previously serving in a similar role at Merrill Lynch. The Securities and Exchange Commission appointed prominent consumer protection spokesperson Barbara Roper as senior advisor to the chair, Gary Gensler. Roper concentrates on protecting retail investors, including matters relating to policy, broker-dealer oversight, investment advisor oversight, and examinations. Roper worked at the CFA for 35 years. She conducted studies of the financial planning industry, state oversight of investment advisors, and state and federal financial planning regulation. Steve E Bielke joined Concurrent, a partnership of independent advisors affiliated with Raymond James Financial Services, part of Raymond James. Bielke is managing director of business development. A financial services veteran with nearly 30 years of experience, he most recently worked in business development at Waddell and Reed Financial Services, where he was director of recruiting and advisor acquisition. Bielke began his financial services career in 1993 with AG Edwards & Sons. He stayed with the company as it was serially acquired first by Wachovia Securities and then Wells Fargo before joining Waddell and Reed in 2019. In 2020, Bielke recruited advisors who represented the most significant year-over-year increase in assets in Waddell and Reed’s history. BNY Mellon Wealth Management named Gary Lutz as regional director, West Region Private Banking. Lutz is based in Denver and reports to Rick Calero, head of banking and lending, and Robert Kricena, president, West Region. Prior to this, Lutz was with Century Bank, where he served as regional president and was previously executive vice president, trust and wealth management and Northern New Mexico Commercial Banking. Crestone Capital, the US multi-family office, opened an office in Los Angeles. Alyssa Do, Crestone's new executive director of wealth planning, provides trust, estate, philanthropic and income tax planning to high net worth individuals and their families. Before Crestone, Do was most recently managing director at Boston Private, based in Beverly Hills, and spent almost a decade at City National Bank. Yale University named Matthew Mendelsohn as its next chief investment officer for the endowment fund that has embraced a form of asset allocation widely copied and discussed in sectors including family offices and wealth managers. Mendelsohn succeeded David Swensen, who managed Yale’s endowment fund for more than 35 years. Swensen died after a long battle with cancer. Fiduciary Trust International appointed Taylor Custis as trust counsel and senior relationship manager. She is based in Atlanta, Georgia. Custis primarily works with clients in the Atlanta area as well as clients and colleagues in Fiduciary Trust International’s offices in the Mid-Atlantic region - including Washington, DC and Radnor, Pennsylvania. She joined Fiduciary Trust International from Wells Fargo’s Abbot Downing business, where she worked for 14 years. Argent Trust Company said that one of its wealth advisors, Austin McCarty, based in its Oxford office, earned his Certified Financial Planner certification and was promoted to assistant vice president at Argent Trust. RIA, Winthrop Capital Management, appointed Jay Horrey as its chief legal counsel and chief compliance officer. Horrey, who joined from Frost Brown Todd, designs, implements and monitors the processes by which the firm complies with all applicable laws and regulations. He provides legal analysis to support Winthrop’s client investments in private equity, structured credit, and reinsurance agreements. The chief investment officer and managing director of LPL Financial, Burt White, retired from the business. White had worked at LPL since 2007. GTCR and Reverence Capital Partners, which agreed to acquire Wells Fargo Asset Management earlier this year, announced that Kate Sandman McKinley would become chief legal officer of the newly-independent company, Allspring Global Investments, when the transaction was completed. McKinley reports to Joseph A Sullivan, who serves as chairman and chief executive of Allspring. She will join from State Street Global Advisors, where she served as general counsel and senior vice president since 2019. Winthrop Capital Management, a registered investment advisor, appointed Tim Bond as a senior research analyst. Bond is responsible for research in high-yield and high-grade corporate credit, commercial real estate and equities. Prior to Winthrop, Bond was the chief investment officer of Gripman Investment Advisors, where he managed the risk parity multi-asset strategy. Previously, Bond focused on investment research at both JP Morgan Asset Management and Conseco Capital Management.

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SimCorp named Christian Kromann as its new chief executive. He took over from Klaus Holse. Kromann, who served as SimCorp COO, was a member of its executive management board from August 2019. International law firm McDermott Will and Emery appointed experienced security expert and litigator Scott Ferber to join its global privacy and cybersecurity group as a partner, based in Washington, DC. Prior to this, Emery was a partner in King and Spalding's data privacy and security practice. Before private practice, he served in leadership roles at the Department of Justice, including as an Associate Deputy Attorney General. He was the DOJ lead on White House and interagency policy groups addressing cyber incident responses, cyber legislation, public/private partnerships, election integrity and nation-state cyber threats. Emery also served as counsel for cyber investigations at the DOJ's National Security Division. BNY Mellon Wealth Management named Joe Swiderski as senior director, wealth manager. Swiderski, who is based in Cleveland, reports to Ron Ulle, senior director, portfolio management. Before this role, Swiderski was at Huntington National Bank, most recently as senior portfolio manager and previously as senior client advisor. Fiduciary Trust International, a subsidiary of Franklin Templeton, announced that David Oh has joined as trust counsel serving clients in Northern California. He works from its office in San Mateo. Oh previously worked at Charles Schwab, where he served as a director of tax, trusts and estates, and focused on developing customized tax planning, estate planning, business succession, and retirement planning solutions for high net worth clients. Citi Global Wealth said Fernando Lopez Muñoz had been appointed head of Latin America Private Banking in September reporting to global head of Citi Private Bank Ida Liu and Ernesto Torres Cantú regional CEO, overseeing the 22 Latin American countries in which Citi is present. Geographic coverage spans Argentina, the Bahamas, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Haiti, Honduras, Jamaica, Mexico, Panama, Paraguay, Peru, Puerto Rico, Trinidad and Tobago, Uruguay and Venezuela. Muñoz, who joined Citi as a private banker in 2004, has served in several leadership roles at the bank, including global markets manager for Iberia and Italy. In 2015, he was named global market manager of the newly-created Southern Europe Region for the bank, where he built a team across five markets focused on risk management and controls, growth, talent management, and oversaw opening an office in Milan. Truist Wealth appointed Oscarlyn Elder and Keith Lerner as co-chief investment officers, succeeding Ernie Dawal who retired after more than 10 years with the firm. Elder and Lerner oversee the Truist Wealth Investment Advisory Group of Truist Advisory Services. Elder has responsibility for investment due diligence and communications, and Lerner leads the portfolio and market strategy, equity, and fixed-income strategy teams. Elder has served as Truist Wealth Investment Platform executive since 2019. Lerner serves as Truist Wealth’s chief market strategist and managing director of portfolio and market strategy. A 24-year veteran of the finance industry, Lerner joined SunTrust Robinson Humphrey, now Truist Securities, in 2005 and was soon named chief market strategist. EPIQ Capital Group, the multi-family office, appointed former JP Morgan private banker Christine Leong Connors as president and partner. She reports to EPIQ’s chief executive Chad Boeding. At JP Morgan, Connors served as managing director and the head of JP Morgan's private bank in Northern California. JP Morgan Wealth Management appointed former senior E*Trade manager Matt Wilson as a divisional director for the bank’s Chase branch-based advisors. Wilson oversees about 1,330 advisors in the company’s central division. Raymond James recruited a team of advisors based in Dallas, overseeing a total of $427 million for affluent individuals and businesses. The advisors are Christopher Beavers, Matthew Beavers, Emma Beavers, Hannah Peterson and Ryan Finglass. They joined Raymond James & Associates (RJA) – the firm’s employee advisor channel. They opened an office in West Fort Worth, within its North Texas-Arkansas complex, led by Jeremy Silvas. The team, who operate as Beavers Wealth Management of Raymond James, formerly worked at Merrill Lynch. Danielle Papandrea joined Merrill Lynch Wealth Management as the teaming and practice management consulting group executive. She reports to Craig Young, national business development executive. Papandrea has worked in the financial services industry for more than 25 years. Prior to this new role, she worked at BlackRock. She worked for more than 15 years at Merrill and Bank of America. Bernstein Private Wealth Management appointed its chief operating officer, Kate Burke, to the additional post of head of private wealth. Alongside Burke, new joiners were Rick Meyers, Aaron Bates, Beata Kirr and Alex Chaloff. Natixis Investment Managers appointed Nathalie Wallace as global head of sustainable investing. Wallace is responsible for the firm’s ESG commitments across distribution, affiliate managers and industry-wide initiatives. She joined from Mirova US, where she was head of ESG strategy and development. Mesirow Financial appointed Marcin Bednarczyk as senior vice president, senior portfolio manager. Before joining Mesirow, Bednarczyk served in a similar role at Russell Investments. Shareen Luze was named head of culture and field experience at RBC Wealth Management in a newly-created role. Luze is a 15-year veteran of RBC and serves on the firm’s executive committee and on its diversity leadership council as part of the new role. She reports to CEO Michael Armstrong.