UK

Sanlam UK, part of financial services group Sanlam, appointed Craig McPherson as a business development manager for the north of England as part of its regional expansion.

McPherson joined from Barclays Wealth & Investment Management, where he was business development manager and responsible for redeveloping the bank's discretionary proposition for the IFA market. Prior to this, he worked at the AXA Group and also for Legal and General.

Sanlam also added Mike Middleton to its northern arm as a financial planner, joining from Lloyds TSB Private Bank, where he was a wealth IFA. Before that, he worked at Abbey National and Robson Rhodes.

AXA Wealth hired Skandia's former head of proposition Graham Bentley as interim head of fund group relations.

Bentley is responsible for delivering customer and IFA-facing investment solutions and ensuring that AXA secures the best possible commercial terms for its investors.

Bentley was at Old Mutual and Skandia for over 12 years, working in platform development and investment proposition roles. Before this, he worked for M&G and Henderson.

GLG, the discretionary investment manager business of Man Group – the world’s largest hedge fund business – appointed James Ind to its macro and relative value team. He previously worked at Russell Investments.

In his new role, Ind helps to manage a total return strategy, which aims to create and enhance long term wealth by investing across a range of different asset classes within a strict risk framework.

Momentum Global Investment Management, the UK-based business, added Mark Skinner to Momentum’s UK advisory board.

Skinner, with more than 30 years' experience in the asset management sector, previously served as director of AMC search at KL Communications. Before that, he was managing director at Newstar, as well as holding a number of positions at various firms including Norwich Union, Baring Asset Management and Steve & Prosper.

Standard Life Investments named Neil Odom-Haslett as its head of commercial real estate lending.

Odom-Haslett spearheads the firm's entry into the market in the UK and is based in London. He joins from Deutsche Pfandbrief Bank and reports to David Paine, head of real estate investments.

UK-based wealth manager HFM Columbus recruited Paul Jones, a former senior private client adviser with Clydesdale bank. He brings client assets worth some £100 million ($150 million) to the firm, it said.

Epoch Wealth Management, a firm based in the western part of the UK, appointed former charity boss Richard Barrington as chief operating officer.

Barrington joined Epoch from the West of England Sport Trust where, as COO he was responsible for the trust's charity, which was established by Sport England to promote participation in sport across the region.

RBC Wealth Management hired Mike Moodie for the newly created post of vice president and managing director, ultra high net worth, RBC Wealth Management - British Isles and Caribbean.

Moodie, who has previously held the role of head of RBC Wealth Management for the UK and worked at RBC for over 28 years, works with, and reports jointly to, Paul Patterson, deputy chairman, UHNW, RBC Wealth Management as well as Stuart Rutledge, head, RBC Wealth Management - British Isles and Caribbean.

In his new role, he helps to lead the coordination and servicing of UHNW clients based in the British Isles and Caribbean.

Kleinwort Benson, the London-headquartered wealth manager, recruited Fadi Zaher as head of bonds and currencies within its fixed income team.

In his new role, Zaher is responsible for the bonds and currencies strategy, working alongside chief investment officer Mouhammed Choukeir.

Deutsche Asset & Wealth Management, the wealth arm of German banking giant Deutsche Bank, appointed Mitch Matharu as head of strategic lending, reporting to Balaji Prasanna, head of loan and deposit products.

Based in London, Matharu works with the business' regional lending teams to structure loans that require customisation to clients' needs and cross-border execution.

Canadian-headquartered firm Canaccord Genuity Wealth Management hired Stephen Massey as its new head of UK wealth management, reporting to chief executive Neil Drake.

Massey is responsible for the UK-based private client teams, including portfolio managers, wealth advisors, financial planners, paraplanners and tax specialists.

Kinetic Partners, an international professional services firm for the asset management industry, appointed Gary Ashford to its global tax team, based in its London office.

Ashford joined Kinetic Partners from RSM Tenon, where he was a partner and national head of tax investigations and dispute resolution, building his reputation as a leading offshore tax risk and investigation expert. Ashford, with more than 25 years of experience in the tax industry, has held roles with Grant Thornton, Ernst & Young and HM Revenue & Customs.

First Names Group, previously the international division of IFG Group, recruited Gary Hepburn as managing director of its Isle of Man trust and corporate business.

Hepburn has been promoted to the role from client service director, a position he held for nine years.

UK-listed Jupiter named James Clunie as manager of the Jupiter Absolute Return Fund, with effect from 1 September.

Clunie, who joined Jupiter earlier this month, will take over the £482 million (around $727 million) fund from Philip Gibbs, who will be retiring from his current fund management role at Jupiter in October 2014.

Kleinwort Benson, the London-headquartered wealth manager, hired former Macquarie managing director Marc Thatcher as a director of its principal investments and advisory business.

Thatcher had been a managing director at Macquarie since 2008, having previously worked for Davidson Kempner Capital Management and Rothschild.

Thatcher now reports to Nigel Spray, Kleinwort’s managing director of principal investments and advisory, this being a business segment which advises clients on business development, including raising debt, equity or partnering with co-investors.

RBC Wealth Management recruited Daniel Ellis as head of investments for the British Isles.

Ellis joined from HSBC Private Bank, where he most recently served as managing director and head of the private bank’s investment group for the UK and Channel Islands – a role which saw him run £12 billion ($18.1 billion) in client assets. Before that, he was based in Geneva as HSBC’s head of structured products and before joining the bank in 2001 he worked for Fleming and Lloyds TSB in Jersey.

Baring Asset Management, the London-headquartered investment house which is part of MassMutual Financial Group, appointed Claire Fraser as head of marketing and communications.

Fraser has been at Barings since October 2010, having joined as head of EMEA marketing before being promoted to the global role of head of distribution marketing. Before that, she was associate director, channel marketing at Insight Investment, having previously held senior marketing roles at Charles Stanley & Co and HSBC Asset Management.

Based in London and reporting to David Brennan, chairman and chief executive of Barings, in her new role, Fraser is responsible for marketing Barings’ range of pooled and segregated products across all channels globally as well as having oversight of the media relations and corporate communications functions.

Aviva Investors, the global asset management business of Aviva, named Liam Spillane as its new emerging market debt currency portfolio manager. Based in London, he reports to Daniel James, head of global markets.

In his new role, Spillane is responsible for generating qualitative input into the currency overlay process for Aviva Investors’ local currency strategies.

Third Financial Software, the UK wealth management software vendor, hired Roland Jones as its sales director.

He previously served as Odyssey's regional director for the UK and Channel Islands.  More recently, Jones was the head of the energy risk division at Financial Objects and Temenos.

Charles Stanley bolstered its Birmingham office with three new hires to its financial planning division.

Nigel Goodhand joined from The Royal Bank of Scotland Group, where he specialised in advising high net worth clients in investment planning and family protection.

Prithpal Saimbi joined the financial planning private client team as a senior paraplanner. He previously worked at Clay Rogers & Partners and before this he was at RSM Tenon.

They are joined by Joe Fletcher, who is doing a year’s internship from Sheffield Hallam University, where he is reading International Finance and Economics.

Butterfield Private Bank appointed James Mcneill and Nicholas Rilley to the newly-created role of investment managers in its London-based asset management team.

McNeill joined from Vintage Asset Management and Rilley from Prospect Wealth Management.

iShares recruited Tom Fekete as head of product development in Europe, the Middle East and Africa. Fekete is based in London and reports to Joe Linhares, head of iShares EMEA.

He joined from Barclays Wealth, where he was EMEA head of investment products and global head of foreign exchange advisory.

JP Morgan Asset Management appointed Nicholas Roberts as portfolio manager for JPM Fusion Funds. He reports to Tony Lanning, lead fund manager for Fusion.

Majedie Asset Management hired Richard Staveley as a fund manager on its UK Equity Fund.

Staveley joined from River and Mercantile, where he was responsible for running its UK Equity Smaller Companies and UK Equity Income funds.

Pictet Asset Management appointed Eric Borremans as sustainability expert.

Borremans replaces Christoph Butz, who will now focus solely on running the Pictet-Timber Fund, which is co-managed by Gabriel Micheli.

Aviva Investors named Abigail Herron as head of engagement within its responsible investment team.

Herron leads and support Aviva Investors’ fund manager engagement with senior management across all holdings and asset classes.

Raymond James Financial appointed chief executive of Raymond James Investment Services Peter Moores to the role of UK country manager.

Moores retains his position with RJIS and oversees all of Raymond James' businesses in the UK, including wealth management and capital markets. He is also responsible for the growth and coordination of all UK business units.

Philip Lawlor will return to Smith & Williamson this autumn. Lawlor will re-join Smith & Williamson to take up the role of group strategist, with effect from 7 October.

Man Group appointed Andrew Horton as a non-executive director.

Horton has been on the board of Beazley since 2003, first as group finance director and currently as chief executive. Before this, he held various financial positions within ING, NatWest and Lloyds bank.

Pioneer Investments appointed Yerlan Syzdykov to head of emerging markets, bond and high yield.

Syzdykov remains lead portfolio manager for Pioneer Investments’ emerging market debt fund and has overall performance responsibility for all emerging markets and euro high yield investment strategies.

Smith & Williamson appointed Juliet McDonald as an associate director - marketing, to the firm’s sales and marketing team.

She joins Smith & Williamson from Liontrust Asset Management, where she was the firm’s senior marketing manager.

RBC Wealth Management brought in Juan Pablo Cortes from UBS Wealth Management as a director, Americas, based within the firm’s London-based UK private client wealth management team.

Cortes works with internal teams and external advisors to provide wealth management services to Latin American and Iberian high and ultra high net worth clients resident in the UK or overseas. He reports to Martin Heale, head of Americas, private client wealth management.

Towry appointed Martin Briggs to join its team, serving clients in the South Wales region.

Briggs, with more than 30 years’ experience in the financial services industry, has been running his own financial advisory practice in Cardiff for the past 20 years.

Based in its Bristol office Briggs serves Towry’s clients in Cardiff and the surrounding area.

Europe

Hamburg-based private bank Berenberg appointed Hans Wöll as manager of its Munich branch.

He joined from Hauck & Aufhäuser, where he was head of private and corporate business.

Gazprombank, the Russian bank, appointed Rustam Mursalimov as an equity portfolio manager at its Gazprombank Asset Management arm, holding the position of director.

Mursalimov was previously an equity portfolio manager at DEKA Asset Management in Germany and responsible for its investments in Russia, Turkey, and Eastern Europe within DEKA’s emerging Europe team.

European investment manager Avoca Capital Holdings appointed Lord James Blyth to the board as a non-executive director.

Before joining Avoca, Lord Blyth was chairman of Diageo, a position he held for eight years to June 2008. Prior to this he was chief executive and then chairman of The Boots Company.

The Chartered Financial Analyst Institute appointed Kate Lander as head of education for the Europe, Middle East and Africa region, recruiting her from Northern Trust in London.

Lander replaced Ed Bace, who left the Institute earlier this year.

Paris-headquartered Societe Generale Private Banking Hambros hired David Greenwood as a private banker to its Cambridge team.

Prior to joining Societe Generale, Greenwood worked as an IFA for a year. Earlier in his career he was employed by HSBC until 2006, after which he ran his own wealth management business in Italy for four years.  

Societe Generale Private Banking appointed Olivier Gérard as head of portfolio management solutions and strategy and asset expertise, replacing Stéphane Wathier.

In his new Luxembourg-based role, Gérard oversees the bank's portfolio management activities as well as the services and recommendations provided by the strategy and asset expertise teams.

Azimut Wealth Management appointed four private bankers to its team in Milan, led by Paolo Martini.

The new managers are Lorenzo Lamberti Scagliano, Cristiano Esclapon and Dario Giudici and Paolo Dameno Rota.

Mirabaud Asset Management appointed Alexandre Mignot to its external distribution team in Paris, taking up the post on 19 August.

Alexandre Mignot will join a team responsible for selling funds and management mandates, working with Thibault Amand, head of institutional sales.

London-based Henderson Global Investors appointed Roman Loebsch to join its Austrian team.

Loebsch joined Henderson from Conwert Immobilien Invest, where he was responsible for commercial real estate transactions. Before that, he spent six years working in Hamburg with MM Warburg's property subsidiary HIH Global Invest.

Roberto Citarella joined Global Asset Management as managing director of the firm’s team in Italy.

Citarella reports to the chief executive officer of HSBC GAM, Matteo Pardi, along with being in charge of Italian and Swiss wholesale clients.

Verno Capital, a specialist fund manager focused on Russia and the CIS, added three senior players to its investment team.

Natalia Zagvozdina joined as head of research for the firms bottom-up investment process, covering consumer and financial stocks.

She previously worked as the head of Russian equity research at Renaissance Capital Zagvozdina.

Tom Adshead manages Verno’s long-short and long-only equity strategies in his role as portfolio manager.

Adshead began his career with the EBRD and CSFB in Moscow, and prior to joining Verno, he held senior buy-side roles as a portfolio manager and head of research.

Fixed income manager Elena Kolchina joined the firm in order to launch and manage its new debt fund. Prior to this, she ran the Russian fixed income fund at Renaissance Asset Managers from 2006 to 2013.

The French global equity giant Amundi appointed Christopher Crystal as head of distribution in the Nordic region.

The recruitment follows the establishment of the firms’ representative office in Sweden in March this year, with Bjorn Sandberg named as head of ETF client relationships.

Middle East

Dubai Islamic Bank promoted Abdulla Al Hamli as managing director and board member for the bank, while Dr Adnan Chilwan will take on Al Hamli’s duties as the bank’s new chief executive.

Al Hamli served as CEO for DIB since 2008 and Dr Chilwan has been DIB’s deputy chief CEO since 2008.

Coutts, the UK private bank, appointed Mark McFarland to the newly-created role of executive director and global chief economist, based in Hong Kong.

Before this, McFarland worked at Emirates NBD, where he was chief investment strategist and head of the wealth management investment strategy unit. 

Switzerland

Rothschild Wealth Management appointed Markus Gähwiler and Martin Troxler as client advisors on its Swiss team, which is headed by Aitor Garcia.

Based in Zurich, Troxler will concentrate on the Mittelland region and Bern in particular, while Gähwiler will focus on eastern Switzerland.

Zurich-listed Credit Suisse appointed Urs Zulauf to develop its tax compliance strategy.

Zulauf will join the bank on 1 February next year, reporting to Romeo Cerutti, general counsel, and Hans-Ulrich Meister, joint head private banking and wealth management and CEO for Region Switzerland.

Swiss-headquartered Mirabaud Asset Management appointed Simon Götschmann to its Swiss equity team in Zurich.

Götschmann joined Mirabaud from Helvea, where he served as an analyst covering Swiss equities and medical technology.

International

Deutsche Bank bolstered its recently re-established trust administration centre in the Cayman Islands with the appointment of Stuart Bray to head up the new team.

Bray transferred from within the Deutsche Bank Group and has over 16 years’ experience in the private client trust and company arena.

The Cayman office of the offshore law firm Appleby appointed investment funds specialists Jonathan Bernstein and Andrew Harding to its funds and investment services team.

Bernstein is a senior associate at Appleby and previously worked for Ogier.

Harding is an associate at Appleby and joined from Appleby’s Isle of Man office, where he has been advising on funds and investment services for over eight years.

KBL European Private Bankers appointed Jonathan Grosvenor as general manager, global financial markets, based in Luxembourg.

A financial services professional with more than 25 years' experience, Grosvenor most recently served as the Hong Kong-based managing director, head of corporate clients, at BBVA. He also spent over a decade at WestLB, most recently as joint head of global financial markets Asia, based in Singapore.

Ernst & Young hired Mark Weinberger as its new global chairman and chief executive.

Weinberger previously served as the global and Americas head of tax. He has been a senior advisory partner for many of EY's largest clients and also served on the global markets executive and global public policy committees. Before that, Weinberger was the assistant secretary of the US Treasury - tax policy - under President Bush, and he was appointed to the US social security advisory board by President Bill Clinton.

London-based Thomas Miller Investment recruited Tom Richards as director, while he also continues his role as head of private investment management, offshore.

Richards joined Thomas Miller Investment in 2012 and is currently responsible for the firm's private offshore business, which includes the management of client assets and development of strategic professional advisor relationships.

Richards also sits on the investment strategy and private investment management portfolio review committees and heads the collectives research team.

International law firm Withers appointed eight new partners across the firm’s international offices, while at the same time the firm, which has its oldest roots in the UK, has elected a US citizen as global chairman for the first time.

Withers Bergman, the name of the firm in the US, appointed Ivan Sacks as chairman; he succeeds Anthony Indaimo, who stepped down after having served the maximum two terms allowed under the firm's rules.

Prior to this week, Sacks was the US regional senior partner and managing director of the firm’s New York office. He is a private client lawyer and trusted advisor to international and domestic families of significant wealth.

In the Asian offices, Stacey Devoy was made a partner for the family law team in Hong Kong; in Singapore, Fernando Gandioli made partner for the tax and estate planning team, while Philip Munro was appointed to the funds, investment and business tax team.

In the US, Chi-Yu Liang is now a partner for the tax and estate planning team, New York, while Shannon Smith Retzke has been appointed to the tax team in New Haven.

Lastly, Kate Landells is now a partner for the family law team in London, while her colleagues Stephen Richards and Ceri Vokes have joined the contentious trusts and succession team, and the funds, investment, trust and tax team, respectively.

Mayfair Capital Investment Management hired Nick Shepherd as chairman of the investors’ committee for Property Income Trust for Charities.

Formerly managing partner of Drivers Jonas and latterly vice chairman of Deloitte, Shepherd left Deloitte at the end of May to pursue a number of different interests and has had an involvement in the charitable sector throughout his career, advising on property strategy and investment.

Law firm McDermott Will & Emery hired former senior Withers lawyer Ziva Robertson as a partner in its international private client practice group, based in London.

Robertson joined Withers in 2009, having previously led Mourant’s Cayman trust litigation practice. McDermott Will & Emery has more than 1,100 lawyers around the world and some 65 lawyers in its private client segment.

Offshore law firm Carey Olsen promoted Andreas Kistler and David Crosland to partner, bringing the total number of partners across the firm's offices in the British Virgin Islands, Cape Town, Cayman Islands, Guernsey, Jersey and London to 40.

Jersey-based Kistler is the newest partner in the litigation group and Guernsey-based Crosland has been made up in the firm's corporate group.

Kistler joined Carey Olsen in 2005 from the commercial litigation department of a major New Zealand law firm. He spent several years practising from Carey Olsen's London office before moving to the Jersey office in 2011.

London-based Janus Capital International appointed Alan Glendon as sales director, UK financial institutions for the firm’s EMEA business, based in London.

Glendon, with 15 years’ frontline experience, joined Janus from Premier Asset Management, where he was head of UK discretionary sales. Before that, he served as sales director at F&C Asset Management and previously at Investec Asset Management.

HSBC Global Asset Management hired former Investec Wealth and Investment employee, Henry Flather, as a discretionary wealth manager.

Prior to joining HSBC, Flather managed Investec's multi-asset portfolios for private clients, trusts, charities and pensions. Before that, he served as a financial management executive at RSM Tenon.

Barclays, the UK-headquartered banking group, appointed Tushar Morzaria as group finance director, after the current FD, Chris Lucas, announced his retirement in February 2013.

Morzaria joins Barclays’ executive committee, reporting to group chief executive Antony Jenkins. He will join the board as an executive director, with effect from 1 January 2014.

New York and Chicago-headquartered Guggenheim Partners promoted Tyler Page to head of hedge fund solutions for Europe, based in London.

Up until now, Page had been working as global head of business development for Guggenheim Fund Solutions, leading marketing efforts resulting in several billion dollars of commitments to the Guggenheim hedge fund managed account platform.

UK-based Stenham Asset Management hired Damian Brannan as a managing director, heading the firm’s plans for capability growth.

Brannan has over 22 years’ investment experience and will be a member of Stenham’s Investment Advisory Committee. Prior to joining Stenham, Brannan worked as head of hedge fund advisory for the UK and Asia, at Union Bancaire Privee.

HSBC has named George Crosby as president of HSBC Private Bank International, based in Miami, Florida, and responsible for all activities covering the Latin American markets in the US.

He reports to Marlon Young, head of HSBC global private banking for the Americas.

Crosby previously served as group head for Brazil at HSBC Private Bank International, overseeing a team of bankers in Miami and New York. It is unclear at this stage if anyone will replace Crosby as group head for Brazil. 

New York-based investment bank Jefferies International made bond manager Avtandil Gigineishvili its new head of asset management.

Avtandil Gigineishvili, who has been with the bank for almost two decades, replaces Adrian Hope after the latter stepped down from running the US investment bank’s asset management unit at the end of May.

As head of the international asset management division, Gigineishvili is based in London, leading services to institutional investors, pension funds and other investors such as high net worth individuals.

The private banking arm of South African Nedbank appointed Andrew Bates to head of its Middle East and Asia operation. Based in the UAE, Bates will join Mark Leale, regional manager of the bank’s Dubai office.

Bates has been with the bank for over nine years, previously overseeing the launch of its UK office in London. With the move to Dubai, Bates is taking part in the bank’s international expansion plans into the private client and intermediary sectors.

He has over 20 years’ experience in the financial services industry and joined the bank from Lloyds TSB Bank in Miami, where he was responsible for promoting banking and investment services to clients in South America.

Psigma Investment Management, the UK-based asset manager, recruited Stewart Howard and Chrissie Betts as business development managers for its business development team.

Howard, with seven years’ financial services experience, joined Psigma from Skandia, where he was responsible for protection marketing before being appointed as a business consultant, helping financial advisors develop their business propositions in the run-up to RDR. Howard was responsible for implementing investment processes and strategies in advisory firms.

Betts joined Psigma from Punter Southall Financial Management, where she served since 2012 on her move back to the UK. At PSFM, she focused on RDR integration and management of PSFM’s marketing and communications activities.

Gazprombank, the Russian bank, appointed Rustam Mursalimov as an equity portfolio manager at its Gazprombank Asset Management arm, holding the position of director.

Mursalimov was previously an equity portfolio manager at DEKA Asset Management in Germany and responsible for its investments in Russia, Turkey, and Eastern Europe within DEKA’s emerging Europe team.

Asia Pacific

Christopher Todd Burgess was recruited by Swiss bank Pictet as a managing director in Hong Kong.

Burgess had previously worked as head global international and EAM desk at Julius Baer, the Swiss bank, and had also worked at Clariden Leu, where he was head of North Asia.