People Moves

Who's Moving Where In Wealth Management? – Amundi, CBH Group, Others

Editorial Staff 30 January 2023

Who's Moving Where In Wealth Management? – Amundi, CBH Group, Others

The latest moves and appointments in wealth management in the UK, the rest of Europe, the Middle East and other select locations.

European asset manager Amundi, a subsidiary of the Crédit Agricole group, has appointed Oliver Williams as portfolio manager within the emerging markets debt team, starting in January.  

Williams, who has worked in the finance industry for over 14 years, has joined from Insight Investment in London, where he was a portfolio manager in the emerging markets debt team for 11 years, the firm said in a statement.  

He began his career at UBS Asset Management, which manages €1.9 trillion of assets ($2.1 trillion), working in the performance team.

(To view an article from February last year about Amundi's new chief investment officer, click here.) 

CBH Group 
CBH Group has announced that Simona Terranova and Sylvain Matthey-Junod have joined the board of directors of Bank CBH Compagnie Bancaire Helvétique, a Geneva-based family-owned private banking group.

A Swiss audit expert, Terranova has built her expertise over 20 years much of which was gained as a director at PWC and as a partner at Deloitte, the bank said in a statement. 

Currently co-founder of MT Finance, she advises FINMA-supervised financial entities on regulatory and operational matters.

Matthey-Junod is a lawyer with extensive knowledge of the financial industry. Previously head of legal and compliance at Pictet, Lombard Odier and Banque Syz, he brings more than 30 years of experience, the bank continued.

These appointments follow a period of growth and will contribute to strengthening the governance of the group, which now counts eight board members.

“As part of the bank's strategy, these nominations are in keeping with our commitment to continuously elaborate customised banking solutions and products for entrepreneurial and institutional clients,” said Philippe Cordonier, chief executive officer.

The bank, which manages more than SFr13 billion ($14 billion), focuses on wealth management serving private and institutional clients. 

Edmond de Rothschild Real Estate Investment Management
Edmond de Rothschild Real Estate Investment Management has appointed Arnaud Benoit as investment manager Europe, starting in January. 

This recruitment stems from the group’s ambition to expand its club-deal and separate account activities with a regional, sector and thematic focus, the firm said in a statement. He will source opportunities as well as streamline the capitalisation of individual transactions (single asset or portfolios) with cross-border capital.

Benoit started his career with AEW Europe in London (ex-Curzon) before spending over 10 years with London-based private equity firm Resolution Property in different pan European investment and capital market roles, the firm continued. 

Fidelity International
Fidelity International has appointed Dennis Pellerito as the new head of UK wholesale. He will succeed John Clougherty who has decided to retire. 
As head of UK wholesale, he will be responsible for driving the long-term strategy for growing Fidelity’s product and solutions offering to wholesale clients in the UK, the firm said in a statement.  
Pellerito joined Fidelity in 2013 and was most recently director of the UK strategic account team. He has more than 17 years’ sales experience in the UK market as well as Continental Europe and Asia, delivering sales growth across asset classes and capabilities as well as developing new strategic initiatives. Prior to joining Fidelity, he served in various senior sales and distribution roles at a number of boutique asset managers, the firm continued.  
The news follows John Clougherty’s decision to retire, which was announced at the end of last year. Clougherty will hand over full responsibility to Pellerito in March and will leave Fidelity in September, allowing for a smooth transition over the coming months, the firm said. 

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