People Moves

Summary Of Wealth Management Executive Moves - November 2012

7 December 2012

Summary Of Wealth Management Executive Moves - November 2012

Richard Beggs, head of UK investment advisory at JP Morgan’s private banking business in London, resigned from the firm.

Standard Life Investments, the UK-based fund management division of Standard Life appointed Rickey Thevakarrunai as fund analyst to strengthen its multi-manager fund solutions team. Latterly, Thevakarrunai was portfolio analyst at PIMCO, prior to which he worked at State Street Global Advisors.

Standard Life Investments added Adam Rudd as an investment director in the multi-asset team. Rudd previously worked for JP Morgan in New York. He reports to Guy Stern, head of multi-asset fund management.

The Society of Trust and Estate Practitioners brought in Hélène Lewis, a British Virgin Islands private client practitioner, to serve as chair of the international board for one year from 1 December. She succeeded incumbent chair Michael Young TEP, who retired from STEP’s board.

HSBC Global Asset Management named Andy Clark as its new UK chief executive, succeeding Simeon Brown, who the firm said is leaving to pursue other interests after 16 years at the group.

DWF, the UK law firm, aded associate Jon Gould to its Newcastle office in the private client team. Gould previously worked for Hay & Kilner Solicitors in Newcastle and Linder Myers in Manchester. He has worked with private clients for six years.

BlueBay Asset Management appointed Erich Gerth as global head of business development in London. Gerth, who is also a partner, leads BlueBay’s global sales and marketing activities and sits on the management committee. He joined from Aviva Investors, where he was chief executive of Asia-Pacific and global business development.

Legal & General Property, the property fund management arm of the Legal & General insurance and investments group, appointed Bill Page as business research manager. Page joined from Jones Lang LaSalle, where he had headed its EMEA offices research team for seven years.

UK-based Duncan Lawrie Private Bank named banking director Nigel Gautrey as managing director of its Isle of Man business. Gautrey succeeded Alan Molloy, who left after 18 years, but who remained with the firm for a handover period. Gautrey joined Duncan Lawrie Private Bank Isle of Man as head of banking in 2000 and is also a director of the bank’s fiduciary services company, Duncan Lawrie Offshore Services.

The wealth and investment management division of Barclays recruited two veterans from Coutts - Mark Priestley and Michael Foy - for its London office. Priestley, who joined as a director, had worked for Coutts for 25 years, spending the past 18 of these as a banker serving high net worth individuals.

Scottish Widows Investment Partnership took on Martyn Gilbey as head of wholesale in London. Gilbey reports to Francis Ghiloni, director of distribution and client management.

Brewin Dolphin appointed Alan Riddell as divisional director in its Glasgow office. Riddell was formerly a senior associate director at Speirs & Jeffrey, having worked at the firm for 25 years.

Switzerland’s MIG Bank appointed Paul Chrimes as chief operating officer of MIG Capital (Europe), its London-based subsidiary. Chrimes was latterly chief executive of E*TRADE, a role he took up in 2010.

Register for WealthBriefing today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes