People Moves

Summary Of Executive Moves In Global Wealth Management - October 2013

11 November 2013

Summary Of Executive Moves In Global Wealth Management - October 2013

AMP Capital, the funds management arm of AMP, named a former National Australia Bank executive to lead its expanded self-managed super funds business.

Tim Keegan left his role as head of NAB's online broking business Nabtrade to assume the newly-created position of head of SMSF at AMP Capital at the end of October 2013. Prior to NAB, he held a similar role at Macquarie Bank.

Essence Fund Management, the Chinese fund advisory firm, appointed a new general manager.

Liu Ruling assumed his new role in 12 October 2013, replacing Wang Lianzhi, who has moved on to become president of its parent firm, Essence Securities. Liu was previously a director at Essence Futures and has been part of the company since June 2007. Prior to that, he was the general manager of the wealth management arm of China Merchants Securities.

Moelis & Company, the global investment bank that also provides financial advisory and asset management services, appointed a new Asia head.

Zhang Xiuping is managing director and head of the Asia mergers and acquisitions unit based in Hong Kong. In this role, she is responsible for deal origination and providing advice to regional and global clients with a focus on cross-border transactions in and out of China. She works closely with the Beijing office.

Zhang was previously the managing director and head of Asia M&A at Bank of America Merrill Lynch. Prior that that, she was managing director and head of China M&A at Deutsche Bank.

Manulife Financial, the Canada-headquartered financial services group, hired a new head of wealth management for Asia.

Donna Cotter is vice president and head of wealth management, Asia, reporting to Philip Hampden-Smith, executive vice president and chief marketing officer for Asia. She has been with the wealth management team since March 2011 as head of the regional strategy and product development team.

Cotter joined the firm's corporate development team in Hong Kong in January 2010. Prior to her move to Asia, she held various roles in Manulife's Canadian division since 2003, including in pension operations, Manulife Securities and Individual Wealth Management.

RBC Wealth Management strengthened its South East Asia team with four senior appointments.

Adria Chiu is director of the client solutions group, reporting to Enoch Tan, managing director and head of the client solutions group for RBC Wealth Management Asia. She brings nearly 12 years of industry experience to the role.

Choa Yeye was named director for South East Asia, reporting to Reto Caviezel,senior director for RBC WM South East Asia. She has 20 years of experience behind her.

Deepu Joseph is senior director for RBC WM South East Asia, reporting to Febby Avianto, managing director and market manager. He brings 15 years of industry experience to this post.

Finally, David Tan is senior director for RBC WM South East Asia. He also reports to Avianto. Tan has 12 years of industry experience.

Withers, the international law firm, relocated one of its top lawyers in London to lead its new Asian corporate and finance practice in Hong Kong.

Denis Petkovic, head of international finance and projects practice in London, brings 30 years of experience representing lenders, developers and investors from various sectors. The move strengthens the firm's continuing expansion strategy in the Asian region, particularly in the corporate space.

Eastspring Investments, the Asian asset management business of Prudential Corporation Asia, named a former Deutsche Bank executive as deputy chief executive and global head of distribution, product and marketing.

Michele Bang took up the newly-created position as part of the firm's continuing global expansion strategy.

She reports to Guy Strapp, who changed his role in the company from chief investment officer to chief executive in August 2013 and replaced Graham Mason who relocated to South Africa.

Stephenson Harwood, the international law firm that has a dedicated wealth management practice, bolstered its Hong Kong wealth arm with a new hire.

Peter Hodson joined as consultant and head of trust, bringing with him extensive experience in banking, finance, wealth management and fiduciary services. He is a former chairman of the Hong Kong Trustees Association and ex-president of the Guernsey International Legal Association.

Brunswick Group, the global financial and corporate communications firm, announced a new senior advisor based in Hong Kong.

Tim Freshwater brings over four decades of experience in the legal and banking industries and most recently served as vice chairman of Goldman Sachs (Asia). He remains an advisory director at Goldman and also sits on several boards including Hong Kong Exchanges & Clearing and Swire Pacific. He also held senior roles at international law firms Slaughter & May and Jardine Fleming.

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