Here WealthBriefingAsia profiles the biggest movers and shakers in the Asian wealth management industry during February 2012.

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HSBC Private Bank chief executive Nancie Dupier resigned after 18 months on the job to return to HSBC Americas. She was replaced by Amit Gupta, then the head of global markets.

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Australia and New Zealand Banking Group outlined plans to cut 1,000 from its Melbourne office. It also made a number of top level appointments this month, including Paula Dwyer as a new member of its board. Dwyer, a well-known businesswoman on the boards of many firms, starts at ANZ on 1 April 2012.

Joyce Phillips started as chief executive of global wealth and private banking, from her previous role at the bank as group managing director of strategy, mergers and acquisitions, marketing and innovation. She will retain responsibility for marketing, innovation and digital.

Meanwhile, Shayne Elliott, currently CEO of institutional, will succeed ANZ veteran Peter Marriott as chief financial officer on 31 May, when Marriott retires. 

Shane Buggle will be appointed deputy CFO, reporting to Elliott. Buggle is currently CFO of institutional, having previously held a number of senior finance roles at ANZ, including group general manager finance.

Alex Thursby will take up Elliott's duties in an expanded role as CEO global institutional and Asia-Pacific, Europe and America, focused on ANZ’s largest multi-national clients globally.

Gilles Plante started as ANZ chief executive of Asia, based in Hong Kong. He was previously CEO of North East Asia, Europe and America, also based in Hong Kong.

Mark Robinson became CEO of Europe, America, Middle East and India, based in London. He was previously CEO of South and South East Asia, within the Asia-Pacific, Europe and America division based in Singapore.

Michael Rowland became CEO of the Pacific region, based in Melbourne. He previously held the same role in the APEA division. 

Former Hong Kong-based global head of capital markets Cathryn Carver was moved to managing director of institutional Australia, based in Perth, focussing on the Western Australian economy.

Sameer Sawhney became managing director of institutional for Asia-Pacific Europe & America, based in Singapore. He was previously managing director of corporate and institutional banking and private banking for Asia. 

Christina Tonkin was appointed managing director of global loans and transaction banking, based in Sydney. She was previously managing director of global loans. 

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Vineet Vohra, general manager for wealth management, consumer and private banking for Asia-Pacific at Australia and New Zealand Banking Group, stepped down after nearly three years with the company. 

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Equiti Private Wealth, the Australian wealth management firm, hired two senior planners to accommodate its growing client base. Gregory Fuzi and Peter Sheather joined as senior financial advisors. Sheather previously managed his own financial planning business, while Fuzi previously worked at ipac, Schroder Investment Management, AXA and Staffordshire Financial Services.

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S&P Capital IQ, the data provider subsidiary of Standard & Poor’s Rating Agency, will exit local funds research and local wealth management services in Australia to focus on institutional research. The effects will take place from 1 October 2012. Around 30 jobs will be affected.                                                   

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The international arm of UK lender Lloyds TSB, shut its offshore Hong Kong representative office on 3 February 2012 after the group’s decision to “to “focus on geographies where it can invest and build scale from its existing position.”

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HSBC reshuffled its senior ranks in Asia. Stuart Davis, chief executive of HSBC India, is set to move to Hong Kong in March after a three-year stint at the South Asian country and will be replaced by Stuart Milne, the current CEO for Japan.                                                                                                               

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US asset manager BlackRock reassigned its iShares head of Asia to the newly-created role of head of strategy and business development for Asia-Pacific, according to media reports. Nick Good is now responsible for leading the firm’s process of evaluating investment and growth opportunities in the region.

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JP Morgan hired a new country head for Indonesia. Haryanto Budiman is now managing director and senior country officer in Indonesia. He joined from Bank Mandiri, a state-owned Indonesian bank, where he was senior executive vice president and a member of the management board.

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Vistra Fund Services hired a team to provide services to fund managers in Asia from its new Hong Kong office. The new team is led by Charles Kwun, who joined from Orangefield Trust where he was regional managing director. The team also includes executive directors Andrew Mascall-Robson and Shirley Yuen and director Fang Ling Khor. Mascall-Robson joined from HSBC James Capel Japan where he was general manager, head of equity derivatives. Yuen most recently headed up relationship management in the alternative fund services units at BNY Mellon. Fang Ling was most recently a director at Standard Chartered.

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HSBC announced a large-scale expansion in China. Stuart Gulliver, chief executive of the UK-listed bank, told media that he hopes to either increase the bank’s 20 per cent holding in Chinese lender Bank of Communications, if given regulatory approval, or grow its mainland China branch network from 110 to about 800.

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Citi Private Bank made two appointments for its global managed investments real estate business, after incumbent co-head Quek Kwang Meng resigned. Yvonne Siew started as GMI Asia real estate head after seven years with the US bank. She will continue to be based in Singapore and report to Daniel O'Donnell.

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Aon Hewitt Wealth Management, the Australian financial planner network, Prue Petinsky as new head of product development. She was previously head of product management for the ASGARD platform at BT Financial Group. Aon Hewitt also made two internal promotions in its advice business, with Robert Olney promoted to head of practice solutions and Jeremy Lubrano promoted to head of alliances.

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Nikko Asset Management hired Joyce Koh as head of marketing. Koh joined from Fidelity Singapore. There, she spearheaded the firm’s marketing efforts from 2006.

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BNP Paribas appointed an equities head for Indonesia. Miles Remington takes the role of head of equities, Indonesia, based in Jakarta, a newly-created position. Remington has been with the firm since 2002.

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Julius Baer’s new deputy chief of Asia and head of North Asia Kaven Leung, started his role in Hong Kong, two months ahead of schedule. He joined from Goldman Sachs where he was co-head of the Asia ex-Japan private banking business.

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Sydney wealth advisor Perpetual Investments hired Anthony Aboud as analyst for the equities team. Aboud was previously a portfolio manager at Ellerston Capital's global equity management fund. He now works alongside former Ellerston colleague Paul Skamvougeras to focus on the firm's Share Plus Long Short Fund.

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Alex Harvey joined Macquarie, Australia's largest investment bank, as Asia chief executive. Harvey has been with the company since 1999 and prior to the appointment served as executive director at Macquarie Capital and as global head of the telecommunications, media, entertainment and technology group. He reports to Nicholas Moore, chief executive of Macquarie Group.

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Alex Lee was named chief marketing officer of BEA Union Investment Management, the portfolio management arm of Hong Kong's Bank of East Asia. Lee has 14 years of asset management experience in Hong Kong and most recently served as executive director at UBS Global Asset Management. He reports to Eleanor Wan, chief executive.

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Colonial First State Global Asset Management added Gates Moss to its equities core team. Moss previously served as research analyst for AllianceBernstein. The CFSGAM equities core group is still led by Matthew Reynolds.

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UBS appointed Beatrice Weder di Mauro and Isabelle Romy to be nominated for election to the board of directors at the annual general meeting on 3 May 2012. Di Mauro is a professor of economics at the Johannes Gutenberg University of Mainz and previously served as economist for the World Bank and IMF in Washington. Romy is a partner at Swiss law firm Niederer Kraft & Frey and since 2002 has been a member of the Sanction Commission of the SIX Swiss Exchange. They replace Bruno Gehrig and Kaspar Villiger, who will not stand for reelection.

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Julian Unsworth was named head of Dubai financial advisor Globaleye's new Shanghai office. Unsworth was previously a vice president at the firm's Dubai branch. Globaleye announced that it is shutting down its Brazil operations in favor of a branch in China. 

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Geoff Lloyd took the reins as chief executive of Perpetual, the Australian financial advisor, replacing Chris Ryan, who resigned. Ryan's departure was attributed to internal differences with the board, for which he received a severance pay of A$1.2 million ($1.28 million) in lieu of 12 months notice. Lloyd was previously the head of private wealth at the firm.

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UBS announced plans to cut its Asia-Pacific headcount by between 30 and 35 jobs amid widescale cost cuts to address shrinking revenues. The Asia-Pacific workforce would be the least affected of all the bank's regional hubs, the company said, with only about 0.5 per cent of the 6,500 staff in the region set to lose their jobs.

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Mauritius equity fund SONG Investment Company appointed Kartik Srivatsa as manager for its investment portfolio in India. Srivatsa was the head of Aspada Capital Advisors and replaced Vishal Vasishth, who has held the role since 2008. 

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Ravin Basnayake was named country officer for Citi's Sri Lanka operations. Basnayake took over from Glen Rase, who retired after eight years at the company. Basnayake joined Citi in 1988 and prior to the appointment served as head of corporate banking at the Sri Lanka business. He reports to Tab Cuddyre, cluster head of Bangladesh, Brunei and Sri Lanka. 

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Evan Reedman was appointed head of consultant relationships for Credit Suisse's Asia-Pacific asset management business. Reedman was previously a director for life-cycle strategies at QIC, the Australian investment manager. He assumed a newly-created position meant to focus on the firm's regional capabilities, specifically with institutional investment consultants in Japan, non-Japan Asia and Australia.

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Fiona Foxon was hired to the newly-created role of Hong Kong chief at global concierge Quintessentially. Foxon joined the company in 2010 from ICS Trust (Asia), where she was an account executive managing private clients. She reports to Emma Sherrard Matthews, the global chief executive, who was relocated to Hong Kong in 2011 to focus on the growing Asian market. 

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MLC, the Australian wealth manager, sent a group of 54 advisors on a self-funded Strategic Leadership Programme at the Standford Graduate School of Business in the US. The five-day programme was meant to enhance its advisory ranks' leadership skills and retail quality financial planners.

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Susan Chua, head of investments for Southeast Asia at Coutts, left after eight years in the role, following a wider reorganisation at the RBS-owned wealth manager. It is not known where she has gone.

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Stephen Bird, the new chief executive of Citi's Asia-Pacific business, reshuffled top management ranks as part of a restructuring effort under a new "single CEO structure." Rodrigo Zorilla was named chief operating officer, Anthony Nappi became chief administrative officer, while Michael Zink was named Asean head. Zorilla was previously the markets head, Nappi used to serve as global transaction services head, while Zink was formerly the CEO for Singapore. All the Asean country heads now report to Zink, including Singapore, Indonesia, Malaysia, Philippines, Vietnam, Thailand, Guam, and sub-regions Brunei, Bangladesh and Sri Lanka.