People Moves

Who's Moving Where In Wealth Management? – AES International, Oberon Investments

Editorial Staff 12 August 2025

Who's Moving Where In Wealth Management? – AES International, Oberon Investments

The latest moves, appointments and other personnel moves in the the UK, Europe, Middle East and select international wealth management locations.

AES International
A former head of private banking in the Middle East for Nedbank, the South Africa-based group, has joined AES International as CEO for its wealth management and family office business, based in the United Arab Emirates.

Andrew Bates is joining after a 21-year stint at Nedbank. In his most recent position, Bates was head of private banking, Middle East, at Nedbank Private Wealth International, in Dubai, from 2013 to 2025, according to his Linkedin profile.

Before that, he was head of private banking, UK, at the firm, and prior to that, worked for Nedbank in the Isle of Man. Earlier in his career he worked for a total of 12 years at Lloyds Bank Private Banking, including a stint in Miami. 

Oberon Investments
UK investment manager Oberon Investments has appointed Peter Martin, former Odey Asset Management CEO and partner, as senior funds director, as the firm plans to launch a new fund. 

Martin, who has held senior positions at Rothschild Private Bank, JP Morgan and Fleming Private Asset Management, brings more than four decades of experience in investment management, the firm said in a statement. 

At Odey, he oversaw the LF Odey Portfolio fund and led the business through a period of transformation. At Oberon, Martin will work with the current team, which has plans to launch a global equities fund, the firm added. 

Martin will be joined by Odey colleague, Jake Bambridge, who will become funds operations manager at Oberon, the firm continued. He was previously the operations manager at Odey Wealth Management, where he managed over £650 million ($872 million) in assets under management. Bambridge has more than 17 years of experience in financial services. 

Odey Asset Management began closing in October 2023, after the company said it would be winding down its subsidiary Brook Asset Management in the wake of sexual harassment allegations against founder Crispin Odey, which he denies. 

"Peter's exceptional track record in building and managing funds at leading institutions will underpin the next phase of our growth. These appointments signal Oberon's intent to build a broader, deeper investment platform for our clients and shareholders," Simon McGivern, chief executive of Oberon, said.

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