The latest global summary of moves in and around the world's wealth management sector, covering the month of January. The New Year got off to a brisk start, with moves in countries such as the UK, Jersey, Switzerland and the Netherlands.

Fidelity International hired Shamil Pankhania, portfolio manager. He replaced Sajiv Vaid, who retired and stepped down as portfolio manager. London-based Pankhania reports to Steve Ellis, global CIO, Fixed Income at Fidelity International. 

Pankhania has 17 years of investment experience, most recently as a senior credit portfolio manager and head of UK Credit Solutions at HSBC Asset Management, where he was lead manager for UK institutional mandates and co-manager of global and sterling retail funds.

International law firm Withers named a new partner in London in its probate team. Carrie Duncan joined from Anthony Gold, where she headed the private client, probate and trusts team. She acts for clients with global and UK interests from a variety of backgrounds, including elderly individuals, academics, business owners, landowners and high net worth individuals.

Julius Baer appointed Sacha Bodenehr as market head Geneva as well as branch manager. He leads the bank's Swiss business in Geneva and coordinates the collaboration between all functional and divisional heads locally. Until now, Bodenehr has been performing both functions on an ad interim basis. Bodenehr, who has more than 20 years of private banking experience, joined Julius Baer in 2003 from Banque Ferrier Lullin & Cie SA. At Julius Baer, he has served in various management positions including chief of staff French-speaking Switzerland and Western Europe, head of the CEO Office and deputy chief of staff, as well as head strategic projects Europe. 

Quilter named Priti Verma as chief risk officer, subject to regulatory approval. She is responsible for the governance and oversight of strategic, operational and financial risks to the Quilter businesses, reporting to Stevin Levin, CEO of Quilter. Verma served in senior risk management roles at a number of financial services firms including Schroders, Aviva Investors, Pictet Asset Management and Smith & Williamson.

Amundi, a subsidiary of the Crédit Agricole group, appointed Oliver Williams as portfolio manager within the emerging markets debt team. Williams, who has worked in the finance industry for over 14 years, joined from Insight Investment in London, where he was a portfolio manager in the emerging markets debt team for 11 years. He began his career at UBS Asset Management.

CBH Group said Simona Terranova and Sylvain Matthey-Junod joined the board of directors of Bank CBH Compagnie Bancaire Helvétique, a Geneva-based family-owned private banking group.

A Swiss audit expert, Terranova built her expertise over 20 years much of which was gained as a director at PWC and as a partner at Deloitte. Co-founder of MT Finance, she advises FINMA-supervised financial entities on regulatory and operational matters. Matthey-Junod is a lawyer with extensive knowledge of the financial industry. Previously head of legal and compliance at Pictet, Lombard Odier and Banque Syz, he brings more than 30 years of experience.

Edmond de Rothschild Real Estate Investment Management appointed Arnaud Benoit as investment manager Europe. Benoit started his career with AEW Europe in London (ex-Curzon) before spending over 10 years with London-based private equity firm Resolution Property in different pan European investment and capital market roles. 

Fidelity International appointed Dennis Pellerito as the new head of UK wholesale. He succeeded John Clougherty who decided to retire. As head of UK wholesale, Pellerito is responsible for driving the long-term strategy for growing Fidelity’s product and solutions offering to wholesale clients in the UK. Pellerito joined Fidelity in 2013 and was most recently director of the UK strategic account team. 

Ella Riesco was appointed as global head of institutional marketing Brown Advisory’s London office. She came from Julius Baer, where she was head of marketing for Switzerland and EMEA. Riesco has 18 years of brand, marketing and communications experience across asset and wealth management, including with Alliance Trust and Jupiter Investment Management Group. Also based in the firm’s London office, Rebecca Fernandes joined as International Counsel. She has served in a series of senior legal roles within the financial services industry, most recently as counsel at Lazard Asset Management. She has also worked at Standard Life Aberdeen (now abrdn) and Legal & General. 

The Association of the Luxembourg Fund Industry appointed Britta Borneff as its new director of events, communications and business development. Borneff has 27 years of experience in the investment fund industry. Her professional career in Luxembourg started in 1996 with Schroders where she worked in marketing and client relationship roles for 11 years. 

Aaro Capital, a firm specialising in digital assets and distributed ledger technology such as blockchain, appointed Liz Adnitt to join its London-based team as a sales director. Adnitt brings more than 20 years of experience in senior sales and management roles in the asset management industry. 

Praetura Ventures, the UK-based firm, added three partners. The new partners are Lee Forster, Colin Greene and Andy Barrow. Forster, a former Team GB swimmer-turned-health entrepreneur, is the chairman and exited founder of bespoke supplement subscription brand Neat Nutrition, a business launched in 2015. 

Greene spent 12 years at Apple in various senior country leader roles in Asia and the US before joining Praetura in 2021. Barrow initially joined the business as an operational partner in 2022. He previously spent over 15 years as chief technology officer of cloud computing giant ANS until its sale to Inflexion. 

Copenhagen-based Saxo, a fintech specialist focused on multi-asset trading and investment, appointed James Donovan as global head of preferred broker of its subsidiary Saxo UK. He is based in London, reporting to Adam Seagrave, the global head of sales and trading. Prior to joining Saxo UK, Donovan worked on the global sales trading team at Cantor Fitzgerald in London covering Asia and European-based accounts across Europe and US Markets. Donovan, who started his career at Merrill Lynch, has also worked at UBS for over a decade in Hong Kong and London, as well as Citibank in Hong Kong.

Credit Suisse Asset Management appointed Christine Chow as managing director and head of active ownership. She is based in London, reporting to Jeroen Bos, global head of sustainable investing. Chow joined from HSBC Asset Management, where she was head of stewardship and implemented a stewardship programme. Earlier in her career, she worked at Schroders, Aon (Hewitt Bacon & Woodrow), Federated Hermes and IHS Markit.

Downing appointed healthcare industry veteran John E Milad as partner and co-head of its healthcare ventures team. He has over 25 years’ experience working in venture capital, start-up leadership and investment banking in the healthcare and life sciences sectors across the UK, Europe and the US. Milad served as CEO of Quanta Dialysis Technologies for eight years. At Quanta, he raised nearly $400 million in funding, launched the company’s commercial offering in the UK and the US and established transatlantic operations.

Sarasin & Partners appointed Melanie Roberts as the new head of its 20-strong charity team. Roberts joined the Sarasin & Partners charity team, which manages £8 billion of assets for charity clients, in 2011, having previously worked at Newton Investment Management. Roberts took over from Richard Maitland, who has been head of charities since 2003. 

Nomura Asset Management UK appointed Julian Marks as head of hybrid bonds within the fixed income team. Based in London, Marks reports to Yuji Maeda, head of fixed income. He joined Nomura after 15 years at Neuberger Berman where he was the lead portfolio manager for the corporate hybrid bond strategy and a portfolio manager on broader investment grade credit mandates. 

Crestbridge, a global administration, management and corporate governance solutions business, appointed Marie Morris as director and money laundering compliance officer within its group risk function. Prior to joining Crestbridge, Morris was an MLRO at a global bank and, before that, a senior compliance manager for an international financial services provider.

Pantheon appointed four new partners: They included Stephen Branagan, global head of operations and head of Ireland, who first joined Pantheon in 2018. He brings experience across operations, finance and risk for private and publicly listed international financial services and renewables businesses in London and Dublin. Previously, he worked at 3i Group and Cantor Fitzgerald.

Dean Maines joined Pantheon from Affiliated Managers Group as chief financial officer. Maines oversees the firm's finance group, with a focus on leading Pantheon’s accounting, financial reporting and internal controls to support the execution of its growth strategy. Prior to working at AMG, Maines was partner in the audit practice of Deloitte. He is based in New York.

Dianne Remanous, chief human resources officer, joined Pantheon in 2018. Remanous joined from Capital Dynamics, where she worked across private equity, clean energy infrastructure and private credit. Akitoshi Yamada, head of Japan in its Asian investor relations team, joined Pantheon in 2018. 

Charles Stanley appointed four senior financial planners to strengthen its financial planning services across the UK. Harry Bell, a chartered wealth manager and certified financial planner professional, joined the team in Manchester from Close Brothers Asset Management.

John Moseley joined Charles Stanley’s Leeds office, coming from Allots Chartered Accountants, where he was an independent financial advisor. He has over 27 years’ experience as a financial advisor, starting as a senior financial advisor at NatWest.

Chartered financial planner, Stephen Hughes, joined in Edinburgh from Schroders Personal Wealth. He previously worked as a financial advisor at Lloyds Banking Group and Bank of Scotland before moving across to the new wealth management joint venture between Lloyds Banking Group and Schroders – Schroders Personal Wealth. Gary Quick joined the Exeter office from Francis Clark Financial Planning.

UBS in Israel named Yael Waisbourd-Sucary as its technology head. Waisbourd-Sucary was appointed as part of UBS’s push to offer the Israeli high-tech sector customised global solutions for management of personal and business wealth. She worked as innovation and fintech head at Discount Bank and before was fintech head at Bank Hapoalim.

M&G named Joseph Pinto as its asset management chief executive. He took over from Jonathan Daniels who said last July that he intended to retire after 21 years at the firm. Pinto, who has 30 years of experience in asset management, financial services, and consulting, joined from Natixis Investment Managers, where he served as head of distribution and investment solutions for Europe, the Middle East and Africa, Asia-Pacific and Latin America, and as global chief operating officer.

Saffery Champness made three hires, including naming Dominic Lawton-Smith as trust director. It also promoted seven people in its Guernsey and Geneva offices. Lawton-Smith, primarily based in the UK, joined from Crestbridge, where he led the Cayman private client business and was a managing director of the firm’s US joint venture. Other joiners were Sally Hunt as senior trust officer and Sophie Walden as compliance manager. Both are based in Guernsey. The promoted staff in Guernsey were Claire Tersigni and Simon Ricketts – both trust managers; Lily Simmons and Denise Brehaut – senior trust officers; and Caitlin Le Gallez as people and culture officer. In Geneva, Alexia Laird and Saskia Scheelbeek were elevated to trust officers.
 

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Crestbridge, the administration, management and corporate governance solutions business, named Emily Manning as a director in its real estate team. Manning has more than 10 years’ experience in the cross-border funds environment. 

Venture capital investment specialist Deepbridge Capital appointed former senior Praetura figure Dr Andy Round as senior investment director. Dr Round was director and head of healthcare at Praetura Ventures and previously worked at Maven Capital Partners and MSIF. 

Specialist UK investment advisory firm Gravis Capital Management appointed Ed Simpson as head of energy and infrastructure to oversee all direct infrastructure and renewables investment activity. Prior to this, Simpson was a fund manager at Gresham House where he focused on real asset investments in the sustainable infrastructure space. 

Baillie Gifford appointed Arthur Milson as a co-manager of its £631 million ($768 million) Baillie Gifford High Yield Bond Fund, joined existing managers Robert Baltzer and Lucy Isles on the fund. Milson joined Baillie Gifford in 2022 as an investment manager in the credit team. 

Manal Corwin was appointed as director of the Paris-based Organisation for Economic Co-operation and Development Centre for Tax Policy and Administration. She leads the work of the centre across all areas, including the two-pillar solution to the tax challenges of digitalisation, the base erosion and profit-shifting project, the tax transparency agenda, and the centre’s participation in the OECD’s new inclusive forum on carbon mitigation approaches. Corwin, a US national, held senior tax policy positions in two separate US administrations and previously served as a delegate and then vice chair of the OECD Committee on Fiscal Affairs and as delegate to the Global Forum on Tax and Transparency. He has over 30 years of experience, and served twice in the Office of Tax Policy in the US Department of Treasury including serving as deputy assistant secretary for international tax affairs. 

Sacker & Partners, a specialist law firm for pensions and retirement savings, promoted Emma Martin to senior counsel. Martin, who joined the firm in 2010 after qualifying, has a particular focus on defined contribution pension plans. In 2015 she completed a secondment to the legal team at TPR, where she advised on DC policy matters.

Dynamic Planner, a UK risk-based financial planning system, appointed Michael Whitfield as its new chair following FPE Capital’s investment last year. Over his career in financial services, spanning four decades, he has worked in a variety of roles focusing on people and creating the technology to serve their needs in the best way. He founded Thomson Online Benefits in 2000, which he led for 17 years as CEO.

Stonehage Fleming appointed Carol Mote as global head of human resources and a member of the group executive committee. Mote is based in London, reporting to Chris Merry, group CEO. She first joined Stonehage Fleming as interim global head of human resources in July 2022. Prior to joining the firm, Mote was a managing director and senior director for professional services' companies KPMG and Deloitte. She has also served in global roles with JPMorgan, LSEG, Unilever and Centrica. 

Constantine Law, an employment and regulatory specialist law firm, appointed Emmeline Coerkamp. Coerkamp is an experienced criminal litigation lawyer, who brings expertise across a range of white-collar crime for clients facing criminal investigations and prosecution. She joined from PCB Byrne, a boutique fraud litigation firm in London where she worked for 12 years. Previously, Coerkamp was at Irwin Mitchell where she worked with John Hayes and Sarah Wallace before the setup of Constantine Law in 2015.

Evelyn Partners, a UK wealth management and professional services group, appointed David Rankin as the new managing partner of its Edinburgh and Aberdeen offices. He has more than 30 years’ wealth management experience and joined Evelyn Partners from Investec’s Edinburgh office where he was senior wealth planning director.  

Allspring Global Investments, an asset manager, said Tom de Lisle joined the company as sales director for the UK financial institutions team. Reporting to Charlie Wilson, he leads Allspring's sales activities with wealth managers, discretionary investment managers and private banks in the UK and is based in the London office. Before joining the firm, de Lisle was the London sales director at River and Mercantile Asset Management. 

Belasko, a Guernsey-based fund, private wealth and corporate services business, strengthened its senior leadership team this week with the appointment of Edward Green as CEO. The exiting CEO Paul Lawrence moved to the newly-created position of group managing director. Green has 19 years of experience within private equity, private credit and real estate and most recently as partner and head of asset management at AnaCap Financial Partners. Green is based in London and divides his time across Belasko’s operations in the four jurisdictions of Guernsey, Jersey, the UK and Luxembourg.

The Global Private Capital Association appointed four new board directors: Rohit Sipahimalani, chief investment officer at Temasek; Craig Thorburn, director at the Office of the Chief Investment Officer of Future Fund; Frank Su, managing director, head of private equity Asia at CPP Investments; and  Jose Sosa del Valle, partner at Lexington Partners.

Paris-based ABN Investment Solutions appointed Christophe Boucher as chief investment officer. Boucher is an agrégé [associate] professor in economics and finance. He graduated in economics and finance and holds a PhD in economics in 2006 from University Paris XIII.

Online art marketplace Artfinder appointed a digital entrepreneur, Joshna Rughani, as its new CEO. She took the helm from Michal Szczesny who left last year. Glen Collins had held the slot as interim CEO. Rughani, who has worked for Red Letter Days for a decade, guiding the retailer from being a catalogue business to primarily an online enterprise, became its first head of e-commerce. 

Key Family Partners, the Geneva-based multi-family office, appointed Eric Sarasin and Fabian Godbersen as external members of its alternative investment committee. Sarasin is the previous deputy CEO of Bank Sarasin and an active investor in private equity and venture capital, with more than 25 years of experience in these asset classes. He also sits on the board of the Swiss Ventures Group, a privately financed group, and of Tiger 21 Zurich, the network of entrepreneurs, CEOs and investors worldwide. Godbersen has more than 18 years’ experience in real estate, private equity and M&A advisory. Founder of Bergson Real Estate Capital, he previously worked at Morgan Stanley in Frankfurt as vice-president, and at the Blackstone Group, as MD and head of Germany, Switzerland and Austria.

ABN AMRO announced that its chief financial officer, Lars Kramer, who took up the post in June 2021, was departing to pursue other opportunities outside the Netherlands-based bank. Before joining ABN AMRO, Kramer was group CFO for Hellenic Bank between 2017 and 2021. Before that, he was CFO for ING Commercial Bank for five years.
 

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Nedbank Private Wealth appointed four people to join its team in Jersey. Richard Tribe was appointed as a senior private banker; he has more than 35 years’ experience in the offshore financial industry. Matt Gollop joined the team as a private banking officer. Paul Treacy was appointed as a corporate trustee relationship manager. He has more than 30 years’ experience working for major financial institutions in Jersey. Laura Love joined the team as a senior private banking officer. She has 25 years’ experience in financial services, having worked previously as a relationship manager and private banker.

Crestbridge, the administration, management and corporate governance solutions business, appointed Marcelo Gazzi as a director in its institutional governance services team. Gazzi has more than 15 years’ experience in the cross-border financial services arena.  He spent the past 12 years working for HSBC in both the UK and Jersey. Most recently he was wholesale chief administration officer for HSBC’s UK non-ringfenced bank and its Channel Islands and Isle of Man operation. 

Global law firm Reed Smith hired Linn Mayhew as partner in its financial industry group and London office. Mayhew, who was previously a partner at McGuireWoods, also worked at DLA Piper, Simpson, Thacher & Bartlett and Gibson, Dunn & Crutcher. She has more than 15 years’ experience, and specialises in private credit, leveraged and acquisition finance, real estate finance (including sports finance), fund finance and restructuring. 

Old Mill, a group of industry financial experts working on digital accounting, financial planning and tax advisory across the South West, appointed experienced tax specialist David Gage as partner and head of VAT, to help grow the business. The 38-year-old was a management consultant before moving into tax in 2012. 

Nomura Corporate Research and Asset Management appointed Meno Stroemer as head of emerging market corporate bond portfolio management.  Meno, who has more than 30 years of experience working in emerging markets and credit on both the buy and sell side in Europe and the US, is based in New York. 

Close Brothers Asset Management appointed Simon Long as an investment director. He is based in Birmingham and has over 20 years of experience. Prior to this, Long worked at Investec Wealth & Investment, where he managed investments for advisors and private clients in various capacities, including SIPP and SSAS pension funds, investment companies and OEICs.

Standard Chartered appointed Dr John Murton CMG as senior sustainability advisor within its chief sustainability officer team. Based in London, he serves as a senior ambassador for the bank helping to develop and enhance governmental, civil society and private sector relationships. He reports directly to Marisa Drew, chief sustainability officer. Murton has a diplomatic career spanning 25 years, including posts in Asia and Africa, with a particular emphasis on energy transition and climate. He is joining Standard Chartered after three years in his most recent role as the UK government’s COP26 Envoy, coordinating the UK’s climate diplomacy for COP26 in Glasgow.

Amundi made three senior hires. It appointed Cinzia Tagliabue as chairman of Amundi Italy’s board of directors, Gabriele Tavazzani as CEO of Amundi in Italy and Franck Du Plessix as CEO of Amundi in Austria.

PIMFA, the UK’s wealth management, investment services and the personal investment and financial advice trade association, welcomed Rathbones Group’s group chief executive officer, Paul Stockton and The Openwork Partnership’s, managing director, and Stuart Dodson to its board of directors.

Julius Baer expanded its Swiss home market and established a new submarket for Aargau and Solothurn to be headed up by Claude Luethi in Zurich, who joined the bank at the beginning of 2023. It also appointed Sepp Zellweger as head of non-profit foundations in Switzerland, who reports to Luethi. Luethi, who has more than 20 years of experience in private banking, was formerly at Credit Suisse Switzerland, where he had held various specialist and management positions in private banking since 2002. For the last six years, he has been head of the Zurich North Region, Private Banking. 

Zellweger is a financial expert with many years of experience and a network in the non-profit foundation business. Prior to Julius Baer, Zellweger had worked at Credit Suisse Switzerland in various positions since 1993, most recently as head of partnerships, foundations and acquisitions for six years.

First Sentier Investors appointed Jane Daniel as chief risk officer. Daniel is located in London and joined First Sentier from Aegon Asset Management where she was global chief risk and compliance officer. Her career spans three decades.

Highvern, the fiduciary, corporate and fund administration services provider, appointed former senior KPMG figure Colm Clifford as its Irish independent non-executive director. He also took on the role of chair. Clifford is a former KPMG audit partner with more than 25 years’ experience serving in senior leadership roles specialising in financial services. 

Harneys made a series of promotions at partner and counsel level, alongside leadership changes. Four lawyers from across the Harneys offices were promoted to partner level. These included Marcia McFarlane (Litigation & Insolvency | BVI), Gráinne King (Litigation & Insolvency | Cayman), Sonia Hamshaw (Corporate | Cyprus), and Jayesh Chatlani (Litigation & Restructuring | Singapore).

Harneys also promoted six senior associates to counsel level. They included Victoria Lissack (Litigation & Insolvency | BVI), Anya Allen (Litigation, Insolvency & Restructuring | Cayman), Marc Piano (Investment Funds, Corporate, and Banking & Finance | Cayman), Elina Mantrali (Regulatory & Tax | Cyprus), Strachan Gray (Litigation, Insolvency & Restructuring | Hong Kong), and Henno Boshoff (Private Wealth & Trust | Singapore).

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North America
BNP Paribas Asset Management, part of Paris-listed BNP Paribas, appointed a new deputy head of US equities. Geoff Dailey took the role from Pamela Woo who was scheduled to retire at the end of June, 2023. Woo has worked in the sector for 30 years, including almost 20 years at BNPP AM. In Dailey’s case, he has more than 20 years’ experience in the financial services and asset management industry. He has worked alongside Woo as a senior portfolio manager since 2014.

Partners Capital's co-chief investment officer Suzanne Streeter left the outsourced CIO business to work at Devonshire Investments, the family office looking after the wealth of the Johnson dynasty, founders and controllers of Fidelity Investments, the Boston-based asset management firm.

Pitcairn, the US family office business, recruited Nathan Sonnenberg as its new chief investment officer. He took over from Rick Pitcairn, who moved to a new role as the firm’s chief global strategist. Both men report to Leslie Voth, chair and chief executive.

Before joining the firm, Sonnenberg was founder of outsourced-CIO consultancy Wealth Management Consulting, LLC. Previously, he held leadership positions, including as chief investment officer at wealth management firms Fortigent, Advice Period, Glassman Wealth Services and Abbott Downing. 

Capital Group made a number of senior changes. It appointed Mike Gitlin, its head of fixed income, as its new president, CEO and chair of the group’s management committee. CEO Tim Armour is due to retire at the end of 2023 after 40 years at the firm. Rob Lovelace, vice chair and president, will step down from Capital Group’s management committee in October this year. 

Gitlin, who is based in Los Angeles, has been at Capital Group for eight years. He also oversees global trading and focuses on growing Capital's business to serve more clients across Europe and Asia. Prior to joining Capital, he was head of fixed income at T. Rowe Price. In addition, Martin Romo, an equity portfolio manager at the firm, became chairman of Capital Group and chief investment officer. He will take up that role in October 2023. Based in San Francisco, Romo manages portfolios in The Growth Fund of America and The Investment Company of America, for which he is principal investment officer. Romo has 31 years of investment experience, all with Capital Group. He began his Capital career as an equity investment analyst covering the global chemicals industry, mortgage and consumer financials, and select conglomerate companies. 

Meanwhile, Jody Jonsson became vice chair of Capital Group in October and continued as president of Capital Research Management Company and chair of the CRMC executive committee. Los Angeles-based, Jonsson is an equity portfolio manager at Capital Group, managing portfolios in The Growth Fund of America and New Perspective Fund, for which she is also principal investment officer. Jonsson has 34 years of investment experience and has been with Capital Group for 32 years. 

Ballast Rock Private Wealth, a Registered Investment Advisor with a focus on private-market investments, appointed Emily Glassman as a senior advisor. Most recently, Glassman spent seven years helping to build Artivest, an online alternative assets platform for financial advisors, backed by Kohlberg Kravis Roberts and prominent entrepreneur and commentator Peter Thiel. She was head of business development at Artivest and oversaw the growth of the platform which served thousands of advisors by the time it was bought by iCapital. Glassman began her career in institutional equity derivative sales at Goldman Sachs.

Raymond James welcomed financial advisors Jeanne Eisele, Mary Gilbert and Leanne Gray to its independent advisor channel – in Linwood, New Jersey. Operating as Anchor Financial, the practice’s founding advisors are joined by client service associate Sarahjane Hehre and branch operations coordinator Bonnie Hehre. Previously, the team managed nearly $435 million in client assets at UBS Financial Services.

Alex Brown, a division of Raymond James, welcomed advisor and senior institutional consultant Christy Campbell in Winston-Salem, North Carolina, according to Robert Quick, a regional executive for Alex Brown. Campbell was formerly affiliated with Merrill Lynch, where she managed approximately $112 million in client assets. She will join the established team at Thrive Advisory Group, which consists of client advisors Will Taylor, CFP® and W Colin Walker, as well as client service associates Keaton Riddle, Foster Gaylor and Vincent LaManna. 

Raymond James welcomed investment broker Bryan Cernicek, AAMS®, to Raymond James & Associates (RJA) – the firm’s employee advisor channel – in St Louis, Missouri. Cernicek arrived from Edward Jones, where he previously managed approximately $256 million in client assets. He leads the Cernicek wealth management team, which includes senior client service associate Lisa Church. 

The firm welcomed financial advisor Kerri Willoughby to the firm’s independent advisor channel in Juneau, Alaska. Willoughby was joined at her practice, Willoughby Wealth Partners, by office manager Katherine Erickson. Willoughby was formerly affiliated with Edward Jones where she managed nearly $145 million in client assets. Prior to founding the business, Willoughby began her financial advising career in 2008 at Edward Jones. 

LGT Wealth Management US promoted Swaati Osborne to head of wealth planning. She joined LGT Wealth Management in 2019 as a wealth manager, then started working with the US business in 2021. Osborne is supported by new joiner trainee wealth planner Daniel Zeitoun. Zeitoun joined from UBS in North Carolina where he was a financial advisor for three years, advising US domestic individuals, and specializing in retirement and investment planning. The other new joiners to the business are Sean McCrory as wealth manager and Amy Hill as assistant wealth manager. McCrory joined from Morgan Stanley where he was a private wealth advisor. Previously, he was at JP Morgan for nine years where he was a private banker based in Colorado. Hill has over 10 years’ experience working in private wealth management with high net worth clients across Asia, Europe, the UK and US with Fidelity.

SVB Private, the US group, named Dave Kasouf as head of capital markets. In this newly created-role, he reports to Jane Leung. He is based in New York City. Kasouf has more than a decade of experience in private markets with Forge, First New York, and Bell Harbor Capital.

Argent Mineral Management, a subsidiary of Argent Financial Group, appointed Blake Butler as mineral manager. He focuses on mineral wealth, contract negotiation, oil and gas accounting and asset evaluation. Butler reports to David Luke, Argent Mineral Management president. He brings more than 11 years of experience to the role. Most recently he served as petroleum landman for Twin Creek Resources.

CIBC added three senior professionals to its US private wealth team: Phil J Treiber, managing director and private banker in Milwaukee, Wisconsin; Nahid Aminzai, managing director, market lead and senior private banking advisor in Newport Beach, California; and Paul Hojnicki, CFA, senior vice president and relationship manager in Denver, Colorado.Treiber is a private banker with over 15 years of industry experience. Prior to joining the firm, he served as a private banker at BMO Harris. 

Aminzai, who has over 30 years of industry experience, joined as a private banking market manager. She is responsible for fostering new and existing relationships in Orange County, San Diego and Beverly Hills. Previously, Aminzai served as a senior vice president and wealth advisor in the California region at Comerica Bank. With over 20 years of industry experience as a relationship manager, Hojnicki provides tailored wealth management solutions for individuals, families, foundations and endowments. Before Comerica Bank, Hojnicki served as an investment strategist at Wells Fargo Private Bank in Denver.

Steward Partners Global Advisory named Mohan Gurupackiam as its chief information officer. Gurupackiam, who has more than 25 years' experience, took on a newly-created role. He reports to the business’s president and chief operating officer, Hy Saporta. Most recently, he was the vice president of IT at AssetMark where he was responsible for wealth management and data.

Wealthspire Advisors, the RIA, appointed Jandy Rowe to lead its client services. Prior to joining Wealthspire, Rowe worked at Wipfli Financial Advisors, where she began as a client service associate and worked her way up to chief operating officer during her career of more than 20 years.

Financial advisor Russell Smith moved his $150-million practice to the branch channel of Ameriprise Financial in Downers Grove, Illinois. Smith switched firms after two decades with Edward Jones in order to have access to more resources and products to serve his high net worth client base. Client service associate Sheila Lindsay, who has 20 years of experience in the industry, and Ameriprise complex director Jay Hubbard, support Smith’s practice.

Orion, a fintech working with financial advisors, appointed Tom McCarthy as executive vice president of sales. McCarthy has more than 20 years of industry experience, most recently in senior leadership roles at AssetMark working with both broker-dealers and registered investment advisors. 

Argent Trust Company promoted one of its team, Jesse Loyo, to senior compliance officer. Loyo, who is based in the San Antonio office, reports to chief compliance officer Amy Rhodes. Loyo joined Argent in 2012.

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Summit Trail Advisors added Jonathan Lewis to the investment team as head of sustainable investing and chief portfolio strategist. Lewis, who is based in the firm’s New York headquarters, reports to David Romhilt, Summit Trail’s chief investment officer. With more than 30 years’ experience in investment management, Lewis was previously founder and president of Signatory Capital Advisors LLC, a consulting firm. 

Fintech solution and service provider Arcus Partners named Saurabh Bhole as partner and chief technology officer. Bhole has more than 15 years of experience in financial services and technology, specifically Salesforce and Amazon Web Services (AWS), is an 8x Salesforce Certified Application Architect with Financial Services Cloud certification. 

Verdence Capital Advisors appointed Nancy McColgan as director of its family office business. The unit is called Verdence/FAMILY. McColgan has more than two decades’ leadership experience in the wealth management space, most recently as senior vice president and managing director with Hawthorn, PNC Family Wealth, where she was responsible for the oversight, growth and direction of the organization in Baltimore, Washington, DC and the southeastern US. 

Rockefeller Capital Management added Ladage, Smith, Garcia Wealth Partners, formerly with UBS. The team is led by managing directors and private advisors Alex Ladage and Landon Smith. The five-person group includes senior vice president and private advisor Jorge Garcia as well as vice presidents and senior client associates Monica Vallejo and Carl Pavlich. The team reports to Michael Armondo, Central Division director.

Ladage, a graduate of West Point and a former Army Airborne Ranger, previously worked at UBS and Merrill Lynch. A graduate of the University of Mississippi, Smith previously worked in partnership with Ladage at both UBS and Merrill Lynch. Ladage and Smith are Certified Exit Planning Advisors. Garcia has over 15 years’ experience in wealth management, most recently with UBS. He is a graduate of the University of Texas, Austin and is also a Certified Exit Planning Advisor. Vallejo, who has five years of experience in various operations and service roles at UBS and Merrill Lynch, is a native of Austin. Pavlich brings more than 40 years of experience in operations and management positions at a number of firms, among them UBS and Morgan Stanley.

PGIM, the investment arm of US-listed Prudential Financial, is retiring. Following the retirement of Michael Lillard, John Vibert was named president and CEO of the $759 billion active global fixed income manager, effective January 1, 2024. Lillard, who joined Prudential in 1987, has served in various investment and leadership roles. 

Lombard Odier added former Julius Baer senior figures Rogerio Zanin and Juliana Lage to its office in in São Paulo, Brazil. Zanin is the new head of their local operations in São Paulo and Lage coordinates the operational initiatives as chief operating officer for Brazil. Mariella Assumpção Gontijo, who led the Brazilian operation, left the firm in February to focus on personal projects. 

With almost 30 years of experience in the Brazilian financial market, Zanin joined from the Julius Baer Family Office, where he headed the commercial area and was part of the executive committee. Lage also joined from the Julius Baer Family Office, where she was a senior relationship manager. Prior to this, she worked at GPS Investimentos, where she was responsible for defining and implementing a middle office department dedicated to onboarding and settlements for ultra-high net worth individuals.

Socius, a multi-family office based in South Florida, appointed Ron Tenhagen as its chief investment officer. He is based at Socius’ new Palm Beach County office, opening in Delray Beach, Florida. Tenhagen has 19 years of experience as an institutional investor and is an expert in portfolio construction, asset allocation and alternative asset manager research. Prior to Socius, Tenhagen was director of investments at JM Family Enterprises where he was responsible for managing significant pools of capital for corporate, insurance and retirement assets. Prior to his work at JM Family Enterprises, Tenhagen worked at Wells Fargo and Wachovia, where he developed and managed model portfolios, and conducted research for the wealth advisory divisions. 

First Republic Bank appointed a four-person team led by Eric Yamin and Keith Caparelli to join its investment arm. The team is based in Florida and New York. Yamin and Caparelli were each named managing director and wealth manager of First Republic Investment Management. With more than 35 years’ wealth management sector experience, Yamin was previously an MD at Morgan Stanley. Before that, he worked in the distressed high yield department at Oppenheimer & Co where he was a real estate investment banker at Eastdil Secured. Caparelli has more than 10 years of wealth management experience. Before joining First Republic, he was a vice president and director of business strategy at Morgan Stanley. Prior to that, he was a wealth strategy associate at UBS. 

Eisner Advisory Group, the business consulting firm, admitted four new partners: Glenn Aigen, John Delalio, Rahul Mahna and Mary Rizzuti. Aigen works in the firm’s family office services practice within its private client services group. He has more than 35 years of experience servicing ultra-high net worth individuals, corporate executives and institutional clients. Delalio is in the firm’s EA outsourcing solutions group. He has more than 25 years of experience providing outsourcing services that use his background in finance, accounting, IT and operations to create internet-based services. Mahna leads the outsourced IT services team. He has more than 20 years of experience in IT technologies, software development and cybersecurity services. 

Rizzuti leads Compensation Resources, an EisnerAmper company. She has more than 20 years of experience in executive compensation, salary administration, best practices, sales compensation, and performance management. 

Nomura Corporate Research and Asset Management (NCRAM), part of Japan’s Nomura, appointed Meno Stroemer as head of emerging market corporate bond portfolio management. Stroemer, who has more than 30 years of experience working in emerging markets and credit on the buy and sell side in Europe and the US, is based in New York. 

Truist Wealth hired five new teammates in Princeton, New Jersey, who collectively oversee $500 million of assets for high net worth and ultra-HNW clients. The team members are Charles Craig, senior vice president and investment manager; Jason Apuzzio, SVP, wealth advisor; Mitchell Feingold, SVP advice and planning strategist; Louis Russo, SVP and wealth advisor; and Larissa Flom, SVP, senior Truist advisor.

Glenmede, the US wealth manager overseeing more than $40 billion in assets under management, elected Frances W Ferguson and Dr Sean X Wang to its join board of directors. Ferguson most recently served as CEO of Ferguson Advisors, a firm specializing in corporate strategy, operations innovation and data analytics solutions. Previously, she was group executive managing director and chief administrative officer-operations at BNY Mellon. She has also worked at Goldman Sachs, Accenture, and Booz Allen Hamilton.

Dr Wang, who has founded and co-founded more than a dozen high-tech companies over the last twenty years, holds more than sixty patents. In 1997, he founded B&W Tek, a photonics company, where he remained as CEO until recently. Dr Wang is also active in early-stage, high-tech venture, incubation and investment initiatives in the region. 

iCapital, a digital platform for alternative investments such as private equity and real estate, appointed senior regulation and compliance sector figure Agnes Bundy Scanlan to join its board of directors. Bundy Scanlan has worked for 30 years in regulatory risk management and compliance. Since May 2020, she has served as president of The Cambridge Group, a regulatory risk management firm that advises financial services and fintech firms. She is also a former chief regulatory and compliance officer and global chief privacy officer at TD Bank.

M&G, the international savings and investments business, made two US-based appointments to develop the firm’s equity investment and research capabilities and offer new investment strategies for clients. Jeffrey Lin and Thomas Lee joined as thematic equity investment portfolion managers. They have 32 and 25 years respectively of experience in the technology industry as well as in investing in technology-related thematic strategies.

Janney Montgomery Scott, the US wealth, capital markets and investments house, named senior sector figure John Yackel as its new wealth management chief. Yackel took over from Kevin Reed, who assumed leadership of Janney’s private client group after eight years leading the wealth business. Having worked at firms including SEI, Envestnet, Fortigent and Prudential, Yackel has 30 years of experience in financial services, wealth management, and technology, and has served in leadership roles at various platform and solution providers.

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Asia-Pacific
Natixis Corporate & Investment Banking appointed William Xiong as head of loan syndicate for the Asia-Pacific region, and Gregoire Bielle as head of private credit sales for the Asia-Pacific region.

According to the firm, Xiong joined Natixis CIB's loan syndication team in 2017. He is based in Singapore and reports to Arnaud Francillon, head of distribution and portfolio management, Asia-Pacific; Fabrice Guesde, head of credit markets and global structured credit and solutions, Asia-Pacific; and Chris Lovgren, head of global credit syndicate. Locally, Xiong reports to Sanjeev Kumar, senior country manager in Singapore and head of South-East and South Asia. Bielle joined Natixis CIB in December 2022 as head of private credit sales for the Asia-Pacific region the firm said. 

Based in Singapore, he reports to Francillon as well as Eric Elbaz, head of sales and financial engineering, Asia-Pacific; and Victoria Goodenough, global head of private credit sales. Locally, Bielle reports to Kumar. Bielle is responsible for the private credit sales team for the Asia-Pacific region. He has more than 14 years’ experience from financial institutions in London and Singapore.

Deutsche Bank appointed Johanes Oeni as a managing director and head of the international private bank in South-East Asia. Based in Singapore, Oeni reports to Jin-Yee Young, head of IPB Asia-Pacific

Shang-Wei Chow was previously the head of SEA, while Anurag Mahesh, vice chairman of Deutsche Bank international private bank APAC, served as the interim head.

Serena Sim joined Brown Advisory as head of intermediary sales, Asia, based in its Singapore office. Sim was previously at Janus Henderson, where she was head of intermediary sales for Southeast Asia.

Citigroup appointed Tibor Pandi as the new country officer for Singapore and took the helm from Amol Gupte, who is head of South Asia and the ASEAN region for the US bank. A 22-year Citi veteran, Pandi was the chief country officer for Thailand which he was appointed to in 2017.

International law firm Simmons & Simmons appointed Wendy Wong as a partner in its Hong Kong employment group. The move was a return to the business for Wong. During her prior time at Simmons, Wong completed secondments to the firm’s offices in London, Beijing and Shanghai, as well as with two major investment banks. 

The CEO of Bloomberg Index Services, part of news, business information and data group Bloomberg, Steve Berkley, retired and was succeeded by Dave Gedeon. Gedeon had been Berkley’s deputy.

Eastspring Investments appointed Faizal Gaffoor as deputy regional chief executive and head of products and partnerships. Gaffoor reports to Wendy Lim, regional CEO for Asia and global head of distribution, marketing and products. With more than a quarter of a century’s experience in the asset management sphere, Gaffoor was previously MD and group chief marketing officer for UOB Asset Management.

Black Rock appointed James Raby as APAC head of wealth. Raby, who most recently served as APAC chief financial officer, is based in Hong Kong, where he oversees finance, corporate strategy and corporate development initiatives across the region. An Australian national, his service with the firm dates back to 2005 when he was a director of strategy for Barclays and later a Principal at BGI, which BlackRock acquired in 2008.

Leo Wealth, the international wealth firm with offices in the US and Asia, appointed Vivian Hu as managing director and senior client advisor, based in Hong Kong. Hu, formerly of Pictet Wealth Management, works with Leo Wealth’s global network, including the tax and planning team in Tokyo. Hu started her career in wealth management in New York, before moving to Hong Kong in 2019 to join Pictet Wealth Management.

The board of Citibank Taiwan elected Aftab Ahmed, the former Citigroup country officer for the Philippines, as its new chairman, subject to regulatory approval. Ahmed took over from Paulus Mok who retired in January as CTL chairman and Citi CEO for Taiwan. Ahmed, a 40-year plus Citigroup veteran, previously worked in Taiwan as global consumer banking operations and technology head.

Bank of Singapore appointed private banker Jason Moo as its new CEO. He succeeds Bahren Shaari who retired at the end of last year after 13 years with the bank. Vincent Choo, a member of the bank’s board of directors, was appointed interim CEO. SA Singaporean, Moo has more than 25 years of experience in private banking, wealth management and capital markets including 22 years with Goldman Sachs. He joined from Julius Baer where he was the head of private banking, Southeast Asia and branch manager Singapore. Shaari was appointed CEO in 2015. Under his leadership, the bank integrated Barclays Asia after the acquisition.