People Moves

Who's Moving Where In Wealth Management? - Butterfield, APQ Global, More

Editorial Staff 10 October 2017

Who's Moving Where In Wealth Management? - Butterfield, APQ Global, More

The latest moves in wealth management across the world.

Butterfield
The Bank of NT Butterfield & Son has appointed Meroe Park as non-executive director of its board, the firm said in a statement. 

Park was most recently the executive director of the United States Central Intelligence Agency (CIA), serving as the agency’s chief operating officer in its most senior career post.

Butterfield is a full-service bank and wealth manager headquartered in Hamilton, Bermuda, providing services to clients from six jurisdictions: Bermuda, the Cayman Islands and Guernsey, where its principal banking operations are located; and The Bahamas, Switzerland and the UK.

APQ Global
Emerging markets boutique APQ Global has appointed a number of senior figures to its international advisory council, intensifying a focus on Middle East countries and global currency markets.

Joining the London-based firm is Al-Wadhah Al-Adawi, who most recently was a senior vice president and portfolio manager for emerging markets in Latin America and Europe, Middle East and Europe at Harvard Management Company. He has more than 16 years’ experience. From 2008 to 2012 he was an equities portfolio manager at GLG Partners in London. He was previously an emerging markets proprietary trader at Morgan Stanley.

Ken Veksler, another joiner for the team, has two decades of experience working in the foreign exchange inter-bank market and asset management sector, working for a range of major banks as a market maker and proprietary trader. Most recently, Veksler spent three years at Saxo Bank in Denmark and explored other opportunities in Russia. He is director and chief investment officer for London-based boutique asset management and foreign exchange consultancy, Accumen Management, which he established in 2011.

Brompton Asset Management
Brompton Asset Management has appointed David Hedderwick, the firm said in a statement.

Hedderwick was formerly a senior director at Stanhope Capital, the private investment office.

He is responsible for the monitoring and analysis of funds across a broad range of asset classes within Brompton’s investment team.

Crestbridge
Trust, fund and corporate services provider Crestbridge has appointed Anke Jager as director within its corporate services division in Luxembourg, and has promoted Ludivine Nicolai to director, the firm said in a statement.

In her new role, Jager will be responsible for overseeing and growing Crestbridge’s business in Luxembourg. She has 12 years' experience within Luxembourg's financial services industry.

Prior to joining Crestbridge, Jager worked at Aztec, a corporate and fund administrator in Luxembourg, where she was also a member of the board.

The firm added: "Ludivine [Nicolai] has been an integral part of the growth and success of the office over recent years and an instrumental part of the successful team with her particular experience in the risk management area."

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