People Moves

Who's Moving Where In Wealth Management? – Deutsche Bank, Investec

Editorial Staff 28 July 2022

Who's Moving Where In Wealth Management? – Deutsche Bank, Investec

The latest moves and appointments for wealth management roles in the UK, other parts of Europe, the Middle east and select international locations.

Deutsche Bank
Deutsche Bank has appointed Anum Shahab (pictured) as director in its wealth management team in the UK. Reporting into James Whittaker, Shabab will establish a team focusing on the private capital markets.

Prior to this, Shabab worked at Barclays Private Bank, where she specialised in covering the private capital ecosystem since 2011. Her expertise is in two segments; Investors (private equity partners, venture capitalists, hedge fund managers); and sponsor-backed high growth company founders. 

Shebab holds a BA (Hons) degree from the University of Cambridge and is a CFA Charterholder.

Investec Wealth & Investment UK
Investec Wealth & Investment UK has named Barbara-Ann King as its new CEO. She will be joining the group executive team, together with Lesley-Anne Gatter, in line with the firm’s long-term growth goals.

King will take over from Ciaran Whelan, subject to regulatory approval. She took on the role in April 2020 in order to reposition and improve the integration of the UK wealth business into the group, the firm said in a statement.

King joined as CCO of that business in October 2020 to evolve the business profile and set it on a path for growth, the firm added. 

Gatter, who is head of People & Organisation (P&O) in South Africa, will replace Marc Kahn as global head of P&O. Gatter will join the group executive team to steward the group’s people strategy across the globe, the firm said. 

Gatter and King’s appointments increase the female representation of the group executive team to 21 per cent from 9 per cent, emphasising Investec's commitment to belonging, inclusion and diversity, the firm added.

Kahn will remain on the group executive team to fill the newly-created role of chief strategy officer, where he’ll be responsible for ensuring that the group’s strategy is effectively implemented, the firm said. Furthermore, Kahn will continue to chair the group’s executive environment, social and governance committee.

“Over the past three years we have concentrated our efforts on creating a simplified and focused business. We are now confident that Investec is well placed to pursue disciplined growth in the long term via greater integration across our deep specialisations,” Fani Titi, Investec group chief executive, said. “To realise this ambition, it is essential that we continue to ensure appropriate and meaningful succession across our global leadership team,” she added. The leadership changes will take effect from 1 October 2022, the firm said.

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