The latest moves in the UK, rest of Europe, the Middle East and select international jurisdictions in wealth management.

BNY
BNY has appointed Madiha Sattar (main picture) as managing director and growth ventures partner, in a global role based in the United Arab Emirates.

Sattar will play a strategic role working with clients in the region to build and invest in regional and global opportunities across financial-markets data and analytics, wealth technology, and alternative-assets data and distribution, the US-headquartered group said in a statement yesterday. 

With over 20 years’ industry experience across operating and strategy roles, Sattar joins from Careem, a MENA region technology group, where she built and led several new businesses. Prior to that, Sattar worked at JP Morgan Chase and McKinsey & Company in New York. She is a Dubai Future Fellow, and one of 25 experts selected by the Dubai leadership to advise on sectors relevant to its future.

BNY has been operating in the UAE for over 26 years and was recently granted a category 4 licence by the Financial Services Regulatory Authority enabling the company to expand its range of solutions offered to clients within the Abu Dhabi Global Market, and continue supporting the development of the Gulf Cooperation Council’s capital markets landscape.

Deepbridge Capital
Deepbridge Capital, a UK venture capital investment manager, has appointed of Andrew Aldridge as chief operating officer.

Aldridge, who joined Deepbridge in 2014 initially as head of marketing and more recently as chief marketing officer, will now lead the company’s strategic projects and growth strategy. This new role is part of a broader management restructuring at Deepbridge, following the appointments earlier this year of Fuchsia Curry as commercial director, Steven Powell as sales director, and Phillip Secrette as operations director.

Aldridge sits on Deepbridge’s operational partnership board alongside Ian Warwick, founder and managing partner, Gareth Groome, CFO, and Dr Savvas Neophytou, CIO.

Prior to joining Deepbridge, Aldridge spent four years with national IFA firm Perspective. He has previous experience within the financial and professional services sectors in senior marketing and distribution roles. He is also a board member of the Enterprise Investment Scheme Association (EISA).

“We have ambitious plans for the future of Deepbridge, and the recent changes to our management structure are designed to enable the efficient delivery of this strategy,” Ian Warwick, founder and managing partner at Deepbridge Capital, said. “As we expand our portfolio and support innovative ventures, Andrew’s strategic vision and operational acumen will continue to be invaluable assets.”

With about £300 million ($382.6 million) of assets under management, Deepbridge specialises in tax-efficient investments. To date, Deepbridge has supported spin outs from 17 different universities, received a £15 million co-funding mandate from British Business Investment’s Regional Angels Programme in 2021, and over the past two years, more than 90 per cent of Deepbridge’s investments have been outside of London, supporting innovators across England, Wales, Scotland, and Northern Ireland.

Broadridge Financial Solutions
Broadridge Financial Solutions, a global fintech firm, has appointed Stephanie Clarke as head of international strategy and corporate development, based in London.

Previously, Clarke served as senior vice president of data and analytics at Broadridge. In her new role, she will spearhead the execution of the company’s strategic initiatives while collaborating with the mergers and acquisitions team to enhance the international corporate development pipeline through mergers, acquisitions, joint ventures, and partnerships. She will also establish an International Market Advocacy Platform to add strength to the Broadridge brand and foster industry growth.

“Stephanie’s contributions across our data and analytics business have been integral to our organisational growth. In her new role, she will work to advance Broadridge’s global strategy by further enhancing our geographic profile and client reach,” Mike Sleightholme, president of Broadridge International, said.

Clarke joined Broadridge in 2016 from BlackRock, where she was the global head of market intelligence. In her eight years at Broadridge, she played a pivotal role in enhancing market and brand awareness. She also contributed significantly to the company's growth through client development, new product initiatives, and strategic acquisitions. Clarke will continue to co-chair the company’s Women’s Leadership Forum and advocate for diversity, equity and inclusion across the organisation.

Gen II Fund Services
Gen II Fund Services (Gen II) has appointed Paul Spendiff as head of business development for Europe as the private capital fund administrator continues to focus on the evolution of its transatlantic services capabilities in support of its clients’ growth ambitions.

Working closely with the Gen II senior leadership team, Spendiff will be responsible for leading the growth and development of the business across its European jurisdictions, building on its reputation for delivering high quality, solution-driven services for private capital asset managers and investors worldwide.

With over 25 years’ experience in the financial services industry, and particular expertise in asset management, Spendiff is joining from a global financial services provider where he was global head of fund sales with responsibility for developing and overseeing the firm’s global sales strategy.

“It’s fantastic to welcome someone of Paul’s experience and calibre to Gen II. His appointment represents our ongoing commitment to growth and customer service through the provision of unparalleled transatlantic capabilities and first-class service,” Michael Johnson, chief commercial officer, Europe at Gen II said. “Paul’s considerable knowledge and understanding of asset management and the wider regulatory and economic environments will be invaluable in helping to drive our continuing success across Europe, whilst simultaneously delivering on our promise of achieving client excellence.”

Gen II is a prominent independent fund administration provider for private capital asset managers and investors, which helps GPs navigate complex international markets and regulations whilst effectively managing their operational infrastructure, financial reporting, and investor communications.