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

L&G
UK financial services group L&G has appointed Nigel Drury (pictured) as the new asset management chief risk officer (CRO), subject to regulatory approval. Starting on 18 May, he will report to L&G Group’s CRO Chris Knight and CEO, asset management Eric Adler.

Drury, who will have responsibility for leading and overseeing risk management across L&G's Asset Management business, has more than 30 years of risk experience spanning banking, wealth and asset management. He has held senior positions, most recently serving as CRO at Schroders, following earlier roles at JP Morgan and ABN AMRO/RBS. His experience includes significant UK regulatory engagement (PRA/FCA) and board-level governance expertise.

His appointment will strengthen L&G’s asset management leadership team, ensure alignment across governance, risk and financial priorities in the next phase of its strategy for long-term global growth, the firm said in a statement. The appointment follows the recent announcement that Emiel van den Heiligenberg has been appointed chief investment officer for L&G AM.

“Nigel stood out for his breadth of experience and the strength of his track record,” Adler said. “We were impressed by his combination of deep technical expertise and people-focused leadership. Nigel will play a crucial role as we deliver of the next phase of our strategy, and I look forward to welcoming him in May.”

Fulcrum Asset Management
Fulcrum Asset Management has appointed Richard Banh (pictured below) as general counsel. He will report to Joe Davidson, managing partner.

Richard Banh

Previously, Banh was with Fidante Partners Europe, part of the ASX-listed Challenger Limited group which formed a strategic partnership with Fulcrum in October 2025. London-based, he was head of legal and compliance and COO of Fidante’s UK office for the past 11 years. He also led the development of the UK and EU international arms of the Fidante multi-affiliate business. Before to this he was head of legal and compliance for Ellerston Capital Limited in Australia. Prior roles include Simmons & Simmons in the UK and Minter Ellison in Australia.

At Fulcrum, Banh will be responsible for overseeing the legal function. Along with his legal expertise, he will draw on his experience across multiple jurisdictions to help drive Fulcrum forward.

“We are delighted to welcome Richard as general counsel,” managing partner of Fulcrum Asset Management, Joe Davidson said. His deep expertise and long experience with our strategic partner Fidante will be instrumental in supporting the firm’s continued growth in an increasingly complex regulatory environment.”