People Moves

Summary Of Global Moves In Wealth Management – April 2022

Editorial Staff 17 June 2022


The global moves in senior roles within the wealth management industry.

State Bank of India UK, a subsidiary of State Bank of India, appointed Iain Smith as the new head of intermediary business. Smith, with 25 years of experience in the mortgage and lending markets, joined from Bank of Ireland where he was the head of intermediaries. Prior to that, he spent 23 years at Yorkshire Building Society.

Credit Suisse Asset Management appointed Andrew Jackson as head of fixed income and Matthew Oakeley as global head of data and digital services. Jackson previously worked at Federated Hermes, where he had served as head of fixed income since 2017, and as a fund manager. Prior to this, Jackson was chief investment officer at Cairn Capital. In his new role he will be based in Zurich, reporting to Filippo Rima, head of investment at Credit Suisse Asset Management.

Oakeley has 30 years’ experience in financial services. Oakeley came from UBS Asset Management, where he had served as chief digital and information officer since 2019. Prior to this, he was CTO of Investec AM and global head of IT for Schroders. Oakeley is based in London and reports to Markus Ruetimann, COO at Credit Suisse Asset Management.

Multrees Investor Services made two senior hires: Ian Catherall as head of change and proposition management and Martyn Johnson as programme director.

Catherall, who came from Barclays, is responsible for driving the business change agenda and enhancing Multrees' proposition. With more than 20 years of experience within the financial services industry, Johnson works with Catherall. Johnson specialises in defining and delivering business transformation programmes, most recently at JP Morgan within the digital platform services business.

Kleinwort Hambros named new hires to strengthen its client relationship management team in Gibraltar. Joe Bautista and David Isted joined as private bankers from J Safra Sarasin, reporting to senior banker and new business director Tony Millan. Bautista has over 30 years of experience, with a client book of more than £1 billion ($1.27 billion) of assets, ranging from private clients to institutional insurance companies as well as family offices. Isted has more than 20 years of experience, also with a broad range of clients.

Carlos Ibanez, who came from J Safra Sarasin, has been appointed head of fixed income. He reports to Susie Jackson, head of offshore investment management who leads the teams of Jersey, Guernsey and Gibraltar. Ibanez has expertise in the bond markets and insurance companies segment. 

Laura Grover joined the Gibraltar team in late 2021 as an associate private banker, after working remotely for Arbuthnot Latham Private Bank during the pandemic. She worked at ABN AMRO Asset Management and State Street Bank before that.

Bite Investments, an alternative investments and technology company, made four hires: Justin Mason, Matthew Purcell, Alex Seymour and Tom Hamilton.

Goldman Sachs named Rob Mullane and Tristan Blood as the co-heads of platform and client strategy for its private wealth management business in Europe, Middle East and Africa. Mullane, who joined the firm in 2007, was named managing director in 2012 and Blood, who joined the firm in 2005, was named managing director in 2015.

Two senior Pictet bankers joined Edmond de Rothschild in the MENA region – Saman Habibian and Manuel Sturm. They joined as market leader Middle East and Africa and chief operating officer for MENA. Habibian was head of Middle East at Pictet in Zurich. Prior to joining the Swiss firm in 2019, he worked for Julius Baer from 2010, notably as head of GCC International, then successively as CEO Julius Baer Bahrain and deputy global head for Middle East and Africa. Sturm was chief of staff for the Middle East and Africa region at Pictet in Zurich. Prior to that, he was head of the business management of the emerging markets region team at Julius Baer.

Tenet Group, the UK financial advisor support network, appointed two new regional business managers. Julie Mulvanny and Rory Jackson joined its sales and recruitment team. Mulvanny spent the last 23 years at Prudential. Jackson joined as regional business manager for London and the South East. He was previously an associate director at TCC Group, and also served in the Royal Navy for seven years.

Value Partners Group, the Hong Kong-listed firm, appointed David Townsend as managing director for its Europe, Middle East and Africa business. Townsend is based in London and reports to the firm’s president, June Wong. 

Warren Luyt, managing director for Trident Trust in Dubai, left the firm to take a break from the business world. The business in Dubai is led by Luyt’s co-director, Kristine Vitug and the senior executive officer of Trident Trust DIFC, Dave Lange.

Global professional services provider JTC appointed Wendy Holley as its first chief sustainability officer. She added this role to her current one as chief operating officer.

HSBC Private Banking in the UK appointed former senior JP Morgan figure Robert Kalff to head up its family office operations. This was a newly-created role. At JP Morgan, Kalff was head of origination at the private bank in the UK, covering entrepreneurs, City executives and family offices.

Quilter Cheviot Europe, the Irish subsidiary of Quilter Cheviot, made three senior hires for its team in Dublin. William McDonald, who joined as an investment manager, previously served in senior roles with Appian Asset Management and Cannacord Genuity. He reports to Donnacha Fox, chief investment officer at QCE. Patrick Good and Tom O’Dea joined QCE from Kennelly Tax Advisers (KTA) and PwC respectively to boost QCE’s financial planning proposition, following the hire of Andrew Fahy as head of financial planning in early 2022. Good and O’Dea report to Fahy.

Rathbone Greenbank Investments appointed former senior Fidelity figure Marian Woodward as impact manager. Based in Rathbones’ London office, she reports to Kate Elliot, head of ethical, sustainable and impact research. Woodward works with Greenbank’s investment teams based in London, Bristol, Liverpool and Scotland. 

IQ-EQ, the investment services group, named Bram Eijsbouts as its new chief commercial officer for Luxembourg. Having joined IQ-EQ in 2020, Eijsbouts was promoted from his previous role as head of business development for Luxembourg. Eijsbouts has a 20-year international track record in the financial services industry.

A senior figure at Julius Baer, who led international private banking teams in Singapore for 17 years, returned to its Lugano office to create a new group. Alberto Maria Martinelli moved back to Switzerland at the start of April to build a new team with a focus on serving international clients. Martinelli reports to Sergio Leoni, group head Italy and Ticino for Julius Baer.

BNP Paribas Asset Management made two appointments for its exchange-traded funds and index solutions sales arm. Benjamin Ertler and Martin Walentowitz joined as senior sales manager and sales manager, respectively. Based in Frankfurt, they report to Claus Hecher, head of business development for ETF and index solutions in Germany, Austria and German-speaking Switzerland.

Ertler joined from MSCI, where he was a vice president in index coverage for German banks and asset managers for more than five years. Walentowitz joined from BNP Paribas Wealth Management, where he was an investment manager for more than three years.  

JTC, the listed, global professional services business, appointed Sean Walsh as director in its private client services team in Guernsey. Before JTC, Walsh worked at a large independent fiduciary services business in Guernsey, where he oversaw a team specialising in the establishment and management of offshore vehicles, focusing on driving the firm’s business development strategy. Walsh has worked in the sector for two decades.

Kleinwort Hambros appointed Jason Spivey as group chief human resources officer, reporting to Mouhammed Choukeir, the group’s chief executive, and Ben Higgins, Societe Generale's UK head of HR. Prior to joining Kleinwort Hambros, Spivey was an HR leader for Merrill Lynch Investment Managers, Deutsche Bank and Lazard with experience of working in finance, operations, trading, foreign exchange and investment banking across Europe, Asia, and North America.

Hamilton Lane, a private markets firm, made promotions in its UK team.

London-based Antony Anastasiadis and Nina Kraus were promoted to principals from vice-presidents. Anastasiadis, who joined Hamilton Lane in 2017, is responsible for conducting diligence and execution of secondary transactions in the private equity market. Kraus works in Hamilton Lane’s fund investment team, where she focuses on fund investment opportunities across Europe, the Middle East and Africa.

The Financial Conduct Authority, the UK regulator, appointed two new directors of authorisations. Laura Dawes, who took up one of two new DoA roles, is interim director of strategy, policy, international and intelligence in the FCA’s Enforcement and Market Oversight Division.

Working alongside Dawes as a fellow DoA is Dominic Cashman, who joined from TP ICAP, an interdealer broker, where he was most recently head of integration and transformation and, previously, interim group head of operations. 

Craig Chapman joined as finance director in May. Chapman was chief financial officer at RTX RouteTrader, a fintech operating in the telecoms sector. Before that, he served in senior finance roles at ED&F Man, a commodities trader, and Barclays Capital.  

Shareholders of Denmark-based Saxo Bank elected Henrik Andersen as a new member of the board of directors. Andersen is president and chief executive of Vestas Wind Systems, a sustainable energy business. He previously served as group president and CEO of Hempel A/S and held executive leadership positions in ISS A/S. Earlier in his career, Andersen worked for more than a decade in the financial industry.

Rothschild & Co appointed David Kilshaw as a managing director and head of private client wealth solutions in a full-time role in its UK wealth management business. Kilshaw, who has more than 35 years’ experience of advising wealthy individuals, family offices and financial institutions, joined from specialist private client advisory firm Rawlinson & Hunter. Previously he was head of private client tax at KPMG and head of family office at EY.

JTC the listed, global professional services business, appointed Kate Beauchamp as an independent non-executive director. Beauchamp is a qualified lawyer with more than 20 years' experience in private and commercial practice, and in the provision of corporate and legal advisory services in the UK and US.

Wedlake Bell appointed a new partner – Matthew Brunsdon-Tully – as head of family alternative dispute resolution and innovation. Brunsdon-Tully is also vice-chair of the Resolution Pensions, Tax and Financial Remedies Committee.

Nikko Asset Management reshuffled its leadership in Europe. It named Rob Bluzmanis as regional head of EMEA and chief executive of Nikko AM Europe. John Howland-Jackson continued as chairman of Nikko AM Europe in a non-executive capacity and stepped into a new global strategy role as senior advisor for international affairs. Both report to Stefanie Drews in Tokyo, who was appointed as president of Nikko AM.

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