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Who's Moving Where In Wealth Management? Ogier, Northern Trust, Other
Editorial Staff
2 March 2018
Northern Trust Carey Olsen Amundi
Chicago-headquartered has named Dave Sauvarin as head of its Guernsey business, replacing Belinda Aspinall who assumes a senior role in the company's London office.
Sauvarin who joined Northern Trust in 1995, following its acquisition of Barings FSG, was most recently chief risk officer for Northern Trust in the Channel Islands. During his 23 years at Northern Trust, Sauvarin has held various leadership positions including serving as a director of Northern Trust International Fund Administration Services (Guernsey) Limited where he was head of governance services.
In his new role, effective 2 April, Sauvarin will report to Teresa Parker, president of Northern Trust in Europe, Middle East and Africa and will be responsible for supporting the continued growth of Northern Trust’s business in the Channel Islands.
The group said it traces its origins in the Channel Islands back to 1972. In 2017, Northern Trust in collaboration with IBM, States of Guernsey and the Guernsey Financial Services Commission announced it had launched the first commercial deployment of blockchain technology for the private equity market for a Guernsey-domiciled fund.
Offshore law firm , the UK specialist alternative asset manager, has appointed Rachel Beagles as non-executive director of its board.
Beagles joins with a wealth of investment industry experience, and was recently appointed chairman of the Association of Investment Companies (AIC). She is also chairman of Securities Trust of Scotland plc (STS) and of NewlonBuild, a social housing provider, and also sits on the board of BlackRock Emerging Europe (BEEP) and Aberdeen New India Investment Trust (ANII).
European asset management firm , has appointed Stuart Cummins to replace retiring managing director and executive head, Greg Horton.
Cummins’ most recent senior roles with Cazenove Capital, C Hoare & Co and Barclays Wealth. Most recently, he was responsible for the portfolio management and wealth planning business at C Hoare & Co, and was a member of the executive group and investment committee.
Additionally, Cummins is a Chartered Wealth Manager, Fellow of the Chartered Institute for Securities and Investments and a Fellow of the Chartered Institute of Bankers.