The latest moves, appointments and personnel changes in the UK, continental Europe, Middle East, and select jurisdictions.

Cazenove Capital
Cazenove Capital, the wealth management business of UK-based Schroders, has appointed Lynsey Carson (main picture) as business development director for Scotland and the North.

In this newly-created role, Carson will be responsible for accelerating the firm’s growth and presence in the discretionary fund management (DFM) market. Working with Simon Cooper, head of DFM, she will support financial advisors and their high net worth clients. This will involve building long-term relationships with independent financial advisors (IFAs) and professional advisors, to provide specialist and bespoke investment services, and enhancing Cazenove Capital’s banking and lending solutions for clients across Scotland and the North of England.

“She brings with her a wealth of experience in the DFM space that enhances our commitment to expanding Cazenove Capital’s reach in the UK advisor market,” Cooper said.

Carson, who has more than 25 years of experience in financial services, most recently served as regional head of distribution for Rathbones Wealth Management, leading business development across Scotland and Northern Ireland. Her career also includes senior roles with LGT Wealth Management, Butterfield Private Bank, and within the RBS Group, including positions at Coutts and NatWest Private Banking. She is a Chartered Fellow of the CISI and a diploma member of the PFS, dedicating time as membership officer for the Central Scotland PFS region.

JP Morgan
JP Morgan has appointed Trevor Isherwood (pictured below) as chief marketing officer for the international private bank, based in London.

Trevor Isherwood

Isherwood served in a similar role as marketing chief for HSBC’s private bank for three years prior to his appointment this month at JP Morgan.
In other roles, he worked at TitanBay and Fidelity International.

7IM
7IM has appointed Ben Kumar (pictured below) in the newly-created role of head of strategy – wealth, public policy and investment.

Ben Kumar

In his expanded role, he will continue to contribute to portfolio strategy while leading the group’s public policy positioning, industry engagement and strategic thinking across wealth and investment. Kumar will help 7IM communicate on majoir issues for stakeholders. He will represent the group across policy forums, media and industry events, contributing to debates spanning portfolios, pensions, to pocket money.

A frequent commentator in both broadcast, national and trade media and author of 7IM’s weekly investment update 7IM@7AM, Kumar has established a reputation for clear, accessible communication and a unique tone that cuts through complexity, the firm said in a statement.

“Ben’s appointment as head of strategy – wealth, public policy and investment is a significant step for the business. Well-known and respected across the investment community, he brings deep insight into the human factors behind financial decision-making, underpinned by a master’s degree in Behavioural Economics and a clear, accessible communication style,” Dean Proctor, CEO at 7IM said. “This combination uniquely positions him to lead our engagement with policymakers, clients and partners as we help shape the future of wealth and investment. As the need for advice grows, technology will reduce friction, but it is people who ultimately make the difference, and Ben is one of them.”

Serone Capital Management
London-based Serone Capital Management, an investment manager specialising in alternative credit, has appointed Patrick Wills as a portfolio manager within its global structured credit team.

Previously, Wills was a managing director at Morgan Stanley, where he served as global head of Structured Products Group Repo Trading (SPG), and prior to that, he traded in residential mortgage-backed securities, commercial mortage-backed securities, and asset-backed securities (ABS). In this role, he built the firm’s SPG repo business, establishing Morgan Stanley’s standing in the financing of synthetic risk transfers (SRTs) and nonperforming loans (NPLs) in Europe.

Wills, who has more than 14 years experience in structured credit, will be responsible for managing and growing a portfolio of structured credit assets, with a focus on public and private ABS, SRTs, and NPLs.

“We are delighted to welcome Patrick to our investment team,” Serj Walia, chief investment officer at Serone, said. “At a time of continued growth and investor demand across structured credit markets, his experience will be highly valuable as we deepen our capabilities and further support our clients.”