People Moves

Who's Moving Where In Wealth Management? - Old Mutual Wealth, CIBC FirstCaribbean, Others

Editorial Staff 24 May 2018

Who's Moving Where In Wealth Management? - Old Mutual Wealth, CIBC FirstCaribbean, Others

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

Old Mutual Wealth
Old Mutual Wealth, which will be renamed Quilter, has appointed John Corbyn in its pensions operation specialist and Ash Kapasi in its offshore segment.

Corbyn joins Old Mutual Wealth after holding previous roles at Standard Life and Winterthur, which later became part of AXA Wealth, where he was head of specialist products sales.

Kapasi has more than 20 years’ experience in the tax and trust industry. Prior to his appointment at Old Mutual Wealth, Kapasi held business development roles with Brooks Macdonald and Canada Life in the Midlands.

CIBC Caribbean
CIBC FirstCaribbean has appointed Fernando Cugliari as private wealth investment advisor, according to local media reports.

He will work with clients to provide international investment advice within CIBC FirstCaribbean in the Cayman Islands, the Caribbean and Latin America.

Cugliari has previously worked as an international investment advisor with Scotia Private Group in Toronto, Canada, and most recently with RBC Dominion Securities in the Cayman Islands.

St James's Place
St James’s Place’s chairwoman Sarah Bates is set to retire, and will be replaced by senior independent director Iain Cornish, the UK-based wealth manager said yesterday. 

The group’s independent non-executive director Roger Yates will step into Cornish’s role. 

“We are also in the advanced stages of a process to appoint a new independent non-executive director to the board,” the company said.

Rathbone Brothers
UK wealth manager Rathbone Brothers has appointed Tim Shaw as investment director, WealthBriefing understands.

Shaw joins the firm from HSBC Global Asset Management, where he was regional head for London.

Shaw began his 16 year career in financial services in 2002 as an investment advisor at Charles Stanley. He then moved to Killik & Co in 2006 as a private client broker, before joining HSBC GAM in 2011.

Rathbones declined to comment on the hire.

BlueBay Asset Management
Global specialist fixed income manager BlueBay Asset Management has appointed Stephen Thariyan as co-head of developed markets, a newly-created role.

Based in London and reporting to Raphael Robelin, chief investment officer, Thariyan will work alongside Mark Dowding, co-head of developed markets.

He has over 25 years’ experience in the sector. He was most recently at Henderson Global Investors.

KPMG
Business advisory firm KPMG has appointed Krista Woodman as London head of trusts in its private client practice.

Woodman will focus on expanding the operation in advising family-led businesses with complex ownership structures. In the role, she will advise on a range of issues from compliance matters to business disposals and successions.

Prior to joining KPMG, she spent four years as a partner at Smith & Williamson, advising high net worth individuals with a focus on international tax.

The firm’s private client practice, based in London’s Canary Wharf, now comprises 55 tax specialists, including three partners and five directors.

Boodle Hatfield
Law firm Boodle Hatfield has named Kyra Motley as a partner of its private client and tax team. She previously worked at Taylor Wessing.

She is experienced in multi-jurisdictional wealth planning, international tax and trusts, succession planning and family governance for high and ultra-high net worth individuals and their families.

Motley has a particularly focus in advising individuals and families from the Middle East.

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