People Moves

Who’s Moving Where In Wealth Management? – Angel Capital Scotland, Hargreaves Lansdown, Others

Editorial Staff 21 January 2026

Who’s Moving Where In Wealth Management? – Angel Capital Scotland, Hargreaves Lansdown, Others

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

Angel Capital Scotland
Angel Capital Scotland has appointed a new board of directors, with Niki McKenzie (main picture), joint managing director of Archangels, becoming chair with effect from 1 January 2026. She is replacing Jock Millican, who is stepping down as chair of the board after 14 years, during which time he oversaw LINC Scotland’s transition to Angel Capital Scotland.

McKenzie, who has more than 14 years of experience with Archangels, joined in 2011 after spending 16 years in banking and structured finance with KPMG and Lloyds Banking Group. As a qualified chartered accountant, she has overseen investments across Scotland's technology and life sciences sectors and provides strategic guidance to portfolio companies. She serves on the board of St Andrews Innovation, the commercialisation subsidiary of the University of St Andrews, and is a trustee of National Museums Scotland.

The announcement follows the appointment of Margaret Morton as ACS's inaugural chief executive officer in September 2025 and marks a significant milestone in the organisation's evolution as the national association for business angels in Scotland, the firm said in a statement.

The new board brings together some of Scotland’s most experienced leaders from across angel investment, entrepreneurship, and economic research, positioning ACS to achieve its strategic priorities over the coming years. These include advocacy for member interests among key stakeholders, collaboration across Scotland’s early-stage investment ecosystem and the promotion of early-stage investment, and its economic impact, to attract new investors.

Other members of the board are Lynne Cadenhead, chief operating officer at TRICAPITAL Angels Limited and chair of Women's Enterprise Scotland, Fraser Lusty, managing director at Equity Gap, and professor Niall MacKenzie, head of the Hunter Centre for Entrepreneurship, Strategy and Innovation at the University of Strathclyde.

Hargreaves Lansdown
Hargreaves Lansdown has appointed Lisa Hillier (pictured below) as its new chief people officer, as of January 2026.

Lisa Hillier

Hillier has significant experience in building high-performing cultures, engaging colleagues and leading organisations through transformation and growth, particularly in fast-paced, digitally led businesses. She brings a blend of financial services and regulatory experience, having spent 15 years at Aviva earlier in her career and five years in a senior people leadership role at Ofcom.

Hillier has served in chief people officer roles at several online platforms, including Betfair and Just Eat, before spending five years at Trainline, from where she joins HL. At Trainline, Lisa was at the heart of building the organisation’s culture and values, and shaped the way they think about leadership, growth and employee experience.

“She brings a strong track record in building award-winning company cultures and engaging colleagues in organisations across a variety of sectors,” Richard Flint, interim CEO, Hargreaves Lansdown, said. “With experience spanning several dynamic digitally led companies, a regulator and financial services, Lisa has led organisations through growth and change throughout her career.”

First Eagle Investments
First Eagle Investments has appointed Thomas C Krämer (pictured below) as senior investment director in its International Wealth Solutions division, based in the firm’s London office, reporting to Rémi Casals, head of International Wealth Solutions.

Thomas C Krämer

As part of his responsibility for managing aspects of First Eagle’s relationship with its strategic partner, Amundi, he will engage Amundi’s client network to promote First Eagle’s investment strategies. Krämer will also play a key role in supporting the firm’s wholesale marketing and distribution activities across select international markets outside of the US, including the UK, Germany, France, and the Benelux region. He has more than two decades of experience in the investment industry, including roles at Wellington Management, MFS, AXA Investment Management and BNP Paribas Asset Management.

“Thomas brings deep investment experience that will be instrumental as we continue to build and expand our International Wealth Solutions business,” Rémi Casals, head of International Wealth Solutions, said. “His strong understanding of global equity markets will be a valuable asset to our clients and to the firm, and I look forward to working closely with him as we continue to grow the business.”

HarbourVest Partners
HarbourVest Partners, a global private markets investment firm with more than $146 billion in assets under management as of June 30, 2025, has appointed Ivan Pascual (pictured below) as head of private wealth, EMEA.

Ivan Pascual

Based in London, Pascual will be responsible for spearheading HarbourVest’s “fast?expanding” private wealth business, as wealth clients increasingly seek institutional-quality private markets access. He will report to Venu Krishnamurthy, managing director and head of Global Private Wealth.

Previously, Pascual was managing director and head of Wealth Client Business – Europe, Africa and Middle East at BlackRock, where he worked for nearly 15 years. Before that, he worked at BBVA Asset Management as well as Deutsche Asset Management.

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