People Moves

Who's Moving Where In Wealth Management? Oddo BHF, UBS, Other

Editorial Staff 20 November 2018

Who's Moving Where In Wealth Management? Oddo BHF, UBS, Other

The latest moves in wealth management across Europe, Middle East and Africa.

JTC
London Stock Exchange-listed private wealth, fund and corporate service provider JTC has appointed two senior figures to join its newly-launched private office in Jersey.

JTC has named Rebecca Bettany as senior director to run the private office; she left a family office she founded to return to Jersey. According to her Linkedin profile, she was director at PM Investment Services Ltd and Pall Mall Family Office from January 2017 and before that, a senior private banker at Lombard Odier.

Also joining JTC as a private client-focused senior director is Karen O’Hanlon. Relocating to Jersey from Asia, O’Hanlon comes to JTC having worked in the private client industry worldwide, where she has spent most of her career, including spells in Geneva and Singapore. She has worked with multi-jurisdictional, multi-generational ultra-high net worth families and individuals. 

ODDO
ODDO BHF AM, the German asset management firm, has appointed Dr Markus Geiger as head of private debt, leading a specialised team that works with retail and institutional investors.

Dr Geiger was most recently head of the D/A/CH region in Frankfurt at Kartesia Advisor, a European specialist in the financing of small and medium-sized enterprises.

The firm said that structural economic shifts are making private debt a more important asset class, both in Europe and beyond, hence the move to build this capacity. Citing data from Preqin, the research firm, ODDO notes that there are $667 billion private debt assets worldwide. The trend is being fuelled by low, or even negative, interest rates on traditional bonds, a situation encouraging investors to hunt yield in new areas.

Based in Frankfurt, Dr Geiger will work with five investment specialists.

UBS Global Wealth Management

Adrian Jones has joined UBS Global Wealth Management as a managing director and client adviser in the Ultra High Net Worth (UHNW) team. The move is to bolster UK business as the number of clients is rising, driven principally by the success of UK entrepreneurs, the company said.

Jones spent 30 years at Coutts advising high profile and entrepreneurial clients across sectors including sports and entertainment, private office and, more recently, the Coutts crown dependencies businesses. Most recently, he was head of international for Coutts’ Europe and Americas division.

He will report to James Whittaker, head of UK UHNW, who said: “UHNW is a key growth area for UBS Global Wealth Management and strategic hires like Adrian demonstrate this commitment."

The Chartered Institute for Securities & Investment (CISI)

The global financial planning and wealth management body CISI has appointed Paul Garrard, chartered FCSI, as president of its Guernsey branch. He takes over from Patrick Millar who is stepping down after two years at the helm.

Garrard has held a number of positions on the CISI’s Guernsey regional committee and is a 30-year veteran of the financial services sector. He currently heads up the Channel Island investment management department for Kleinwort Hambros where the team overseas a range of investment strategies for private and institutional clients.

One of “my objectives for the year will be to build on existing strategies, particularly relating to the professional development and education of our members and students,” Garrard said of serving the region’s nearly 600 members.

Established and based in the City of London, CISI has 45,000 members in 104 countries, and works closely with regulators, firms and other professional bodies to train and support careers in the financial planning, wealth management and capital markets profession.

Equiom
Equiom, the international professional services provider, has appointed Nick Evans to the new role of global chief operating officer. 

Reporting to global CEO, Sheila Dean, Evans will be responsible for the day-to-day operation of the company.

Previously head of mergers and acquisitions at Equiom, Evans led its acquisition growth strategy and forming strategic relationships in Europe. With more than 25 years’ experience in banking and M&A, he oversaw a number of acquisitions before moving to this new position.
 

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