People Moves

Who's Moving Where In Wealth Management? - AllianceBernstein, Quilter

Editorial Staff 15 October 2021

Who's Moving Where In Wealth Management? - AllianceBernstein, Quilter

The latest senior moves in asset and wealth management from across Europe and the UK.

Investment group AllianceBernstein has strengthened its EMEA product and client leadership by appointing Honor Solomon as head of retail EMEA, and Mike Thompson to head the firm’s global fixed income business development strategy.

Solomon, will be joining from Legal & General Investment Management, where she spent seven years as head of retail distribution. She will oversee strategy, management and distribution for AB’s EMEA retail business, and build out further regional growth, the group said. Solomon will join the firm in the first quarter of 2022 and report to head of global client group, Onur Erzan.

As global head of fixed income business development, Thompson will be responsible for driving growth for the fixed income range worldwide. He will be joining from UK alternatives asset manager ICG, where he has been global head of the financial institutions group and European head of marketing and client relations.

Thompson spent 15 years before that at PIMCO, where he was head of Asia ex-Japan and, before that, he was head of third-party distribution in Europe. He has also spent time at fixed-income large fixed income managers including Western Asset Management and Franklin Templeton. Thompson will join AB in December.
Quilter, the UK wealth management house, said yesterday that Glyn Jones wants to retire as chairman and director in 2022, once a successor is in place. 

The board corporate governance and nominations committee has established a process, to be led by Ruth Markland, senior independent director, to identify a successor. 

The firm oversees £126.6 billion ($173.3 billion) in customer investments (as at 30 June 2021).

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