Who's Moving Where In Wealth Management? - Albion Capital, Citi Private Bank, Others

Editorial Staff

9 March 2018

Albion Capital
Albion Capital, the UK-based independent investment manager, has appointed three new recruits to its technology team as part of its strategic expansion in the sector.

Catriona McDonald and Nadine Torbey have joined the firm to help with tech investments from Albion’s VCT portfolios. Tanel Ozdemir has also joined the investment team at Albion Capital as an analyst on the UCL Technology Fund.

McDonald joins from Goldman Sachs, where she specialised in renewable technology and power in roles across the firm’s New York and London offices. Torbey joins after more than three years working in Lebanon for Berytech Fund Management.

Ozdemir was previously an investment analyst at Newable Ventures, having completed his PhD at UCL, where his research focused on developing synthetic biological tools for microbiome engineering.

Citi Private Bank
, Standard Life’s wholly-owned financial planning business, will lose two financial planning teams in May, the group confirmed yesterday to this publication.

The firm would not confirm the names of the teams that will be leaving.

“Movement of people is normal in any organisation and we continue to attract new talent to the team," a spokesperson for firm said.

It recently acquired London-based financial planning firm Cumberland Place Financial Management, as reported by this publication.