People Moves
Who's Moving Where In Wealth Management? Ogier, Northern Trust, Other
The latest moves in wealth management across the UK, Europe, Middle East and Africa.
Northern Trust
Chicago-headquartered Northern Trust has
named Dave Sauvarin as head of its Guernsey business, replacing
Belinda Aspinall who assumes a senior role in the company's
London office.
Sauvarin who joined Northern Trust in 1995, following its
acquisition of Barings FSG, was most recently chief risk officer
for Northern Trust in the Channel Islands. During his 23 years at
Northern Trust, Sauvarin has held various leadership positions
including serving as a director of Northern Trust International
Fund Administration Services (Guernsey) Limited where he was head
of governance services.
In his new role, effective 2 April, Sauvarin will report to
Teresa Parker, president of Northern Trust in Europe, Middle East
and Africa and will be responsible for supporting the continued
growth of Northern Trust’s business in the Channel
Islands.
The group said it traces its origins in the Channel Islands back
to 1972. In 2017, Northern Trust in collaboration with IBM,
States of Guernsey and the Guernsey Financial Services Commission
announced it had launched the first commercial deployment of
blockchain technology for the private equity market for a
Guernsey-domiciled fund.
Carey Olsen
Offshore law firm Carey Olsen appointed
Michael Evans in Jersey to its banking and finance team.
Evans brings with him more than 10 years' experience working on a
variety of finance transactions and has acted for a wide range of
international institutions and borrowers on complex
multi-jurisdictional bilateral and syndicated facilities. He has
a particular interest in leveraged and acquisition finance,
Islamic finance and restructuring and insolvency. He qualified as
a solicitor in England and Wales in 2007, having trained in the
London and Dubai offices of Freshfields Bruckhaus Deringer. He
has also worked as a senior associate in the banking team of
Clifford Chance's Dubai office and was most recently at another
offshore law firm in Jersey.
Gresham House
Gresham House,
the UK specialist alternative asset manager, has appointed Rachel
Beagles as non-executive director of its board.
Beagles joins with a wealth of investment industry experience,
and was recently appointed chairman of the Association of
Investment Companies (AIC). She is also chairman of Securities
Trust of Scotland plc (STS) and of NewlonBuild, a social housing
provider, and also sits on the board of BlackRock Emerging Europe
(BEEP) and Aberdeen New India Investment Trust (ANII).
Amundi
European asset management firm Amundi has appointed Cristina
Matti as head of European small- and mid-cap equities and country
strategies.
She reports to Diego Franzin, head of equity investment
platform. Matti has been co-head of European small- and
mid-caps at Amundi since July 2017. Prior to this, she was head
of European small- and mid-caps for Pioneer Investments.
Nebank
Nedbank Private Wealth, part of South Africa-headquartered
Nedbank, has appointed
Stuart Cummins to replace retiring managing director and
executive head, Greg Horton.
Cummins’ most recent senior roles with Cazenove Capital, C Hoare
& Co and Barclays Wealth. Most recently, he was responsible for
the portfolio management and wealth planning business at C Hoare
& Co, and was a member of the executive group and investment
committee.
Additionally, Cummins is a Chartered Wealth Manager, Fellow of
the Chartered Institute for Securities and Investments and a
Fellow of the Chartered Institute of Bankers.
