The latest senior wealth management moves and appointments in the UK, mainland Europe, Middle East and selective international financial jurisdictions.

Citi Weath
Citi Wealth has appointed Matt Newnham to join the asset manager relationship team, according to a memo seen by this news service. 

Newnham, who is based in London, joined the US firm on 6 July; he reports to Christine Curtiss, global head of asset manager relationships. 

The appointment was confirmed to WealthBriefing by a Citi Wealth spokesperson.

In his role as managing director, Newnham will be responsible for leading asset manager partnerships across Europe, the Middle East, Africa, and the UK. Before Citi, Newnham was chief commercial officer for Euroclear’s funds business. He has worked for more than 25 years as a senior commercial and platform executive in global fund distribution, asset servicing, and wealth platforms. 

Prior to Euroclear, Newnham served as chief product officer and MD of MFEX UK at MFEX Mutual Funds Exchange for eight years. His new role represents a return to Citi, where he had worked from 2004 to 2014 in Luxembourg, Hong Kong, and Sydney.

Bank Aston
Guernsey-based Bank Aston, part of the Aston Group, has appointed Nick Leale (pictured) as chief operating officer (COO).

A Guernsey resident, he brings over 25 years of senior banking leadership experience to the role. He will be responsible for overseeing the bank's operational strategy, business support functions, and the continued development of its operating model. Leale, who supported with the firm's licensing application throughout 2024, is rejoining the bank.

Leale has a track record of delivering transformation programmes, including operating model restructuring, infrastructure migration, digitisation, regulatory compliance enhancement and implementating scalable governance frameworks. Earlier in his career, he drove significant growth in revenues across the full suite of banking solutions, while also leading the development of new client propositions and expanding of business capabilities across jurisdictions.

The Guernsey-based group which serves offshore trustees, investment funds, and family offices is the first locally-licensed bank in a generation – as reported here.