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

Equiom
Fiduciary services provider Equiom has appointed David Foster as group head of private wealth. Based in Jersey, he will be responsible for growing Equiom’s private wealth business globally and will sit on the firm’s executive committee.

Foster was most recently responsible for all international offshore trust businesses as vice president and head of fiduciary services at RBC Wealth Management International.

JTC
JTC has appointed Naro Zimmerman as director and head of its Dubai office for private client services. Zimmerman will move from JTC’s private client team in Guernsey, where he oversaw a portfolio of international high-net worth clients, with a particular focus on the Middle East. He also supported clients in the region with their UK real estate structuring needs.

Neel Sahai, private client regional head for AMEA said that the firm has seen “strong growth” in the region since opening an office in Dubai in 2018. Given Zimmerman’s years of experience with Middle Eastern clients, relocation to Dubai is “a natural progression,” the firm said, which adminsters around $130 billion globally for clients.

IQ-EQ
IQ-EQ, the investor services group, has announced that director Jacques Vermeulen has been appointed as chief commercial officer for Guernsey.

His appointment comes after he returned to the island after a two-year secondment in the US.

Since joining the group in 2009 as a senior administrator, Vermeulen has risen through the ranks; he was named a client services director within IQ-EQ’s funds segment in August 2019 while working as part of IQ-EQ US in New York. 

Vermeulen has 17 years’ experience in the funds industry.

The firm also recently hired Mirek Gruna as CCO for Jersey.