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Summary Of Global Executive Moves In Global Wealth Management - April 2021

Editorial Staff

9 June 2021

EFG International announced that Dr Spiro J Latsis, who founded EFG Group in the 1980s, had not to stand for re-election its annual meeting. Dr Niccolò H Burki, vice chair of the board of directors, also did not stand for re-election. Dr John S Latsis, principal representative of the Latsis family, remained on the board. He has been a member since 2018 and is a major shareholder.

Pamela Wilson and Steven Crothers joined as personal wealth advisors at Schroders Personal to establish a Northern Ireland presence for the firm. Wilson, who joined from Moore Stephens Financial Services, was an independent wealth management advisor to private and corporate clients. Prior to that she worked at Danske Bank, Prudential, and McClure Watters chartered accountants; she has over 25 years’ financial services experience. Crothers spent six years working as a wealth management partner at True Potential in Belfast advising high net worth clients. 

There were several hires during April at Tilney Smith & Williamson. It appointed Claire McCombe as an investment manager in the Northern Ireland Belfast team. Previously, McCombe spent six years leading the private banking business in Northern Ireland for Barclays Wealth and Investment Management. Before that, she was an investment director with Bank of Scotland, initially focused on structured finance and transactions.

The firm named Majid Hussain as partner in the firm's private client tax team. Hussain was previously at BDO, where he spent four years as a director in the tax team. Prior to that he spent more than six years at Deloitte. He specialises in advising international families and high net worth individuals on complex overseas structures, such as trusts, and expatriate tax advice.

Tilney Smith & Williamson added Rob Bickerstaffe as business development manager in the North West. Bickerstaffe joined from Puma Investments, where he spent four years as a senior business development manager. Before that he worked as an investment manager at the Ingenious Group and as a senior consultant at Ludlow Wealth Management.

It also appointed Hazel Bowen to join the Cambridge team as a financial planner for Tilney Financial Planning Ltd. Prior to this, Bowen worked for five years as a financial planner at Smith & Pinching, a regional independent financial advisor practice. 

Aegon Asset Management added Jane Hepburne Scott as an investment manager in its equities team. Based in Edinburgh, she works on the US equities desk covering a number of the firm’s global equity strategies, reporting to head of equities, Stephen Adams. Latterly, from 2018, she was an investment analyst at Edinburgh Partners, working on the firm’s global portfolios. 

Former civil servant Stephen Muers now leads Big Society Capital as chief executive in the next phase of its growth. He joined the organisation in 2016 as head of strategy and market development and took over as interim CEO in May 2020. During that time, he has been in charge of strategic planning and managing social and public sector stakeholders and institutional investors.

Dynamic Planner, the UK wealthtech firm, appointed Alan Ferguson as head of enterprise sales and Ben Howell as head of marketing - new roles for the firm. They report to Yasmina Siadatan, sales and marketing director. Ferguson has spent more than 30 years in the industry and has worked in the platform space of financial services, having previously held senior sales positions with Standard Life Aberdeen, Parmenion, Ascentric and Zurich. Howell, who has more than 20 years’ industry experience, worked previously at Quilter and Intrinsic, where he was head of marketing. 

Maurice Turnor Gardner, a boutique UK private wealth law firm, appointed Jennifer Emms and Claire Weeks as partners. One of the partners, Richard Turnor, who has stepped down, was a founding partner of the law firm in 2009, having spent his entire legal career with Allen & Overy. He qualified as a lawyer in 1980.

Jennifer Emms led the legal team that successfully represented a former trustee in the recent high-profile, 10-week Kids Company trial. Alongside her charity expertise, Emms advises on tax, trusts, wills and estates and is also a specialist in commercial trusts. Weeks is a specialist in tax, wealth preservation and estate planning advice for high net worth and ultra-high net worth individuals and their families, as well as the trustees, private banks and family offices which support them.

Generali Investments Partners appointed Almudena Mendaza Sanz as new head of sales for the Iberian region. Mendaza Sanz has about 20 years’ experience in asset management. Before joining GIP she was head of sales for Iberia at Natixis Investment Managers and, previously, at Amundi 

Mike Dargan was appointed chief digital and information officer at UBS. The new CDIO role replaced the former group chief operating officer function. Dargan had been the head of group technology since he joined UBS in 2016. Prior to that, he was chief information officer for CIB at Standard Chartered Bank, head of corporate strategy and mergers and acquisitions, EMEA and the Pacific Rim regions, for Merrill Lynch and head of corporate and investment banking, Asia-Pacific for Oliver Wyman.

Markus Diethelm, who was group general counsel of UBS for 13 years, decided to step down as of 1 November 2021. Deithelm, who joined the bank’s executive board in 2008, remains as a senior advisor into 2022 with responsibility for select legacy litigation cases.

Barbara Levi succeeded Diethelm. She previously served at mining conglomerate Rio Tinto Group as chief legal officer in external affairs. Before that, she was group general counsel. 

Maven Wealth Management, a Welsh hub of independent wealth managers, appointed Gareth Tregidon as head of financial planning. A certified financial planner™ and chartered wealth manager, Tregidon has almost 30 years’ experience within the sector. He previously worked at the independent financial planning arm of Stafford House Investments, and before that, Bevan & Buckland, according to his Linkedin profile.

Leicester-based Smith Cooper Independent Financial Services, part of the Smith Cooper group, appointed financial planner Mufaddal Travadi. Travadi previously worked at Hargreaves Lansdown, where he spent more than eight years as a financial advisor. He also worked at Skipton Financial Services and Santander.

Quilter Cheviot hired Jamie Maddock as an equity research analyst to bolster in-house research capabilities. He reports to head of equity research at Quilter Cheviot, Chris Beckett. Maddock was formerly at AGF Investments.

American-British law firm Hogan Lovells made a number of senior hires across Europe and North America, appointing a number of figures to join its international management committee and board. 

The new IMC appointments were:
José María Balañá – regional managing partner for Europe, Middle East and Africa; he took on the role from Marie-Aimée de Dampierre, who became chair.
James Doyle – practice group leader of the corporate and finance practice; Doyle took on the role from David Gibbons who will returned to his practice full time. 
The new Board appointments:
Lillian S Hardy – elected to the Washington DC seat, taking on the role from Cate Stetson, who served two terms on the board; 
Adrian Walker – re-elected to the London seat; 
Andreas von Falck – elected to the "At Large” seat, taking on the role from Clay James;  
David Bonser – managing partner of the corporate practice, working with James Doyle; and 
Sébastien Gros  - regional administrative partner for the EMEA region, supporting José María Balañá.

Boston-based impact-driven investment firm, Trillium Asset Management, hired a team of senior investment advisors to head a new global ESG equity strategy in the UK. The new venture, based in Edinburgh, is fronted by lead portfolio manager Ian Warmerdam. 

The Edinburgh team is in charge of rolling out a suite of global ESG-focused equities strategies, with distribution and compliance support in London and Edinburgh. Warmerdam formerly spent 18 years at Janus Henderson Investors, most recently as director of global equities. Jamie Mariani also joined as portfolio manager, following 11 years at Martin Currie, most recently as head of global equities research.

French asset house BNP Paribas appointed Alex Bernhardt as global head of sustainability research, responsible for the firm’s research agenda, ESG platform, and managing the ESG analyst teams. Bernhardt reports to Jane Ambachtsheer, global head of sustainability.

He joined from Marsh McLennan, where he was director of innovations, helping clients to address matters relating to climate resilience, diversity and sustainable infrastructure financing.  Before that, he was principal and US responsible investment leader at Mercer, helping institutional investors manage sustainability in their portfolios, particularly related to climate change. 

Kleinwort Hambros made senior appointments in its Channel Islands operation. Thomas Cummins was promoted to head of private banking, Channel Islands; Konstantin Graf von Schweinitz was made chairman and independent non-executive director (iNED) to the Channel Islands (CI) bank board; and Dragica Pilipovic-Chaffey was named iNED on both the CI bank and CI trust board.

Cummins was previously private banking lead for the firm’s Jersey business. Graf von Schweinitz has been a non-executive director for SG Hambros Bank Ltd since 2016 and worked in various capacities with several financial institutions; he has also acted as an independent advisor to banks, hedge funds and private equity companies. Pilipovic-Chaffey served in executive and director roles for a range of banks, commercial companies, and institutions, and has board level experience across multiple public and non-listed companies.

Nickel Digital Asset Management appointed Simeon Tsonev as a senior option trader. Tsonev joined from BNP Paribas Asset Management, where he was a currencies portfolio manager in its emerging markets fixed income team. Prior to that, he worked in foreign exchange options trading at Credit Suisse, where he had market-making responsibilities for emerging markets currency options. 

HSBC Asset Management appointed Paul Griffiths as its new global head of institutional business. Based in London, Griffiths reports to Nicolas Moreau, chief executive. Griffiths, who has more than 30 years’ experience in the industry, joined from First Sentier Investments where he was chief investment officer, fixed income and multi asset solutions. 

Geneva-based asset management firm NOTZ STUCKI appointed Christophe Verbaere as group chief operating officer. Prior to this role, Verbaere was chief technology officer at fixed income specialist Atlanticomnium in Geneva. He succeeded Patrick Hamon, who decided – after 10 years with NOTZ STUCKI – to return to his native Brittany. Starting his career in aerospace and spaceflight, Verbaere began his professional life in 1994 at the Centre National d’Etudes Spatiales (Paris) as a technical expert on the Ariane series of European space launchers. In 1998, he moved to Geneva to start a new career in financial IT, developing his expertise in process optimisation, and bank and asset manager digitisation. 

International tax, financial and estate planning firm The Fry Group made two leadership changes to facilitate growth. From April 2022, serving CEO Jeremy Woodley will become the chairman, and David Pugh, chief strategy and commercial officer, will take over as CEO. Both appointments will be phased in. Woodley joined The Fry Group in 2005, leading the UK team for 11 years before becoming CEO in 2018. Pugh managed the group's Singapore operation from 2010 and returned to the UK to join the firm’s board in 2018. He also spent time in the UK at Hargreaves Lansdown and Truestone Asset Management.

The chief executive of Danske Bank, Chris Vogelzang, who was appointed in 2019 to take over from a predecessor who had left amidst a Baltic region money laundering scandal, resigned. A former senior executive at ABN AMRO, Vogelzang was named by Dutch authorities as a suspect in connection with a probe of potential breaches of Dutch AML laws. Copenhagen-based Danske hired Carsten Egeriis as CEO.

The UK's Financial Conduct Authority appointed Sacha Sadan as director of environment, social and governance alongside several other strategic hires. In the newly-created role, Sadan develops and advocates for the FCA’s approach to sustainable finance domestically and internationally. He joined from Legal and General Investment Management where he was director of investment stewardship.

The FCA also appointed Ian Alderton as chief information officer, and Ian Phoenix as director of intelligence and digital. Phoenix is in charge of FCA's intelligence and surveillance capabilities, working to disrupt harmful online activity. Most recently, he was director of citizens’ health technology at NHS Digital, where he helped lead its response to COVID-19. Previously, Phoenix worked at the Home Office, where he oversaw the transformation of platforms at the height of Brexit.

Deutsche Bank International Private Bank hired ex-Goldman Sachs figure Adam Russ as co-head of lending for Europe, Middle East and Africa. Russ, a managing director based in London, reports to Alessandro Caironi, IPB head of lending, advisory and sales. He works with Marco Pagliara, head of IPB EMEA. Starting at Goldman Sachs in 2014, Russ was responsible for lending in EMEA and Latin America. He previously worked at Barclays from 2007.

London law firm Laurus promoted three solicitors in its residential property team. Farah Syed, who was promoted to partner and joined the firm in 2019. She specialises in freehold and leasehold sales, purchases, refinancing and transfers of equity, and serving UK and internationally based HNW clients and developers and investors.

Jess Davis was promoted to senior associate. She specialises in freehold and leasehold sales and purchases, help-to-buy and new build transactions, re-mortgages and transfers of equity.  A third member, Anam Hussain, was been promoted to associate.  

Rahim Daya was appointed CEO of Barclays Bank (Suisse) SA and relocated to Barclays’ Geneva office. He is responsible for positioning the business for growth in the region, the UK bank said. Daya reports to Gérald Mathieu in Geneva. As part of the reshuffle, Daya retains leadership of the Middle East private banking division, replacing Mathieu, who was promoted to head of Barclays Private Bank, Europe and Middle East and CEO for Barclays Monaco. Daya relocated from Dubai, where he spent the last two years heading private banking for the region. Before that, he was head of business transformation at Barclays, logging more than a decade at the bank.

Jersey-based corporate, private client and fund service provider Hawksford appointed Gavin Wilkins as group chief commercial officer. Wilkins joined the business last year as global head of client and intermediary relationships. Wilkins spent two decades working across a broad range of asset classes, private and regulated investment structures and international capital markets, including the London Stock Exchange, AIM, Aquis and Euronext. 

City law firm Wedlake Bell appointed Ollie Embley (private client) and Rachel Walbourn (real estate) as partners. Embley joined the firm in 2007 as a trainee. As part of the private client team, he specialises in tax planning for high net worth UK-domiciled and resident individuals with expertise in planning with residential property. He has also worked with the firm’s corporate team on the structuring and incorporation of family investment companies. Walbourn joined the firm in 2011, and specialises in real estate development work. She qualified in 2014 and advises clients on the acquisition and disposal of residential and mixed-use developments.

Nomura Asset Management appointed Victoria Robinson as a portfolio manager in the unconstrained fixed income team. Based in London she reports to Richard Hodges, manager of the $3.7 billion Nomura Global Dynamic Bond Fund. She was previously at RBC Wealth Management for two years. Prior to that she spent seven years as a trader at Nomura International and four years at RBS.

Suntera Global, which provides private wealth, corporate and fund services, named three C-suite figures: Ted Pepper as chief risk officer, Mark Reynolds as chief operating officer and Sharon De Mendonca as chief people officer. Pepper and Reynolds are based in the Isle of Man; De Mendonca is located in the Jersey office.

UK venture capital investment manager Deepbridge Capital made two senior hires, appointing Steve Shallcross as chief information and technology officer and Connor Grimes as associate investment director for technology. Shallcross was latterly SVP of technology and innovation at the Cheshire-based tech company Afin Technologies. At Deepbridge he leads the businesses’ digitalisation efforts. 

Grimes joined Deepbridge following six years as investment manager at Seneca Partners, where he supported companies eligible for the Enterprise Investment Scheme (EIS) and venture capital trust (VCT)s.

Corporate credit investment specialist Muzinich & Co hired Stéphane Rotceig as director for marketing and client services. Based in Paris, Rotceig focuses on working with clients in the French wholesale market. 

Edmond de Rothschild Asset Management named Rupert Pybus as head of marketing and products and as a member of its executive committee. He reports to global CEO of asset management Christophe Caspar. Previously he spent 10 years at Columbia Threadneedle Investments, where he was most recently global head of brand and marketing.

Yvan Wicht, managing director, head of wealth investment advisory Middle East and Africa at Deutsche Bank, based in Geneva, left the firm. Wicht had worked at Germany’s largest bank since 2011 working in various capacities at the firm. Prior to this, he worked for a year at Stonehage Fleming, the UK-based multi-family office, according to his public profile. Before that, Wicht was a relationship manager and investment advisor, for ultra-high net worth individuals in the Middle East, at JP Morgan.

Global fund data and technology group FE fundinfo appointed Sebastian Brinkmann as its new ESG strategist. He joined from San Francisco-based ESG data specialist TruValue Labs, where he was latterly head of ESG Solutions for Europe.

Jersey-based fiduciary and fund services provider Highvern opened a new London office. Stefan Le Marquand moved from Jersey to London to begin prospecting for the firm. Le Marquand joined the firm in 2018 from Ocorian.

Rathbone Unit Trust Management, part of Rathbone Brothers appointed Rahab Paracha as a sustainable multi-asset investment specialist for the Rathbone Greenbank Multi-Asset Portfolios, based in London. Paracha reports to Craig Brown, Rathbones’ senior multi-asset investment specialist, and to the head of ethical, sustainable and impact research at Rathbone Greenbank Investments, Perry Rudd.

Appway, which provides workflow automation for financial services businesses, appointed Benedict Geissler as the chief revenue officer and member of the executive committee.  Geissler has more than 25 years of experience in enterprise software, including roles at FileNet, IBM, and most recently Snow Software.

Natixis, the Paris-based group, appointed Tim Ryan to lead its asset and wealth management business and as CEO of Natixis Investment Managers. He succeeded Jean Raby who decided to pursue another professional opportunity. In 2017, Ryan joined Generali as group chief investment officer for insurance assets and global CEO of asset and wealth management.

Barclays Private Bank appointed former Rothschild charities lead Nandu Patel to head its charities and asset consultant relationships business. Based in London, Patel reports to Lisa Francis, head of the UK and Crown Dependencies for Barclays PB, supporting private bankers in the UK to manage and grow relationships with asset consultants, charities and not-for-profits. Patel has spent three decades in financial services and wealth management and joins after spending 10 years at Rothschild & Co, most recently as UK head of charities. 

Luma Financial Technologies, the US structured products platform, appointed Konstantinos Pampoukidis from Leonteq Securities, as part of its build-out in the European market. Pampoukidis joined the business development team in Zurich, the site of the firm’s first European office. He reports to David Wood, managing director of Luma’s international business.

Waverton Investment Management appointed Andrew Naylor as a business development manager in advisor solutions to help expand the regional footprint. He reports to Mark Barrington, director and head of intermediary sales. Naylor joined from Cornelian Asset Managers, part of the Brooks Macdonald Group. 

UK-based Alpha Real Capital, the specialist manager of secure income real assets, appointed Ed Palmer as chief investment officer. Over a period of 14 years with MetLife, one of the world’s largest insurance groups, Palmer was previously CIO for Europe, Middle East and Africa where he was responsible for leading the EMEA headquarters. Palmer, whose career spans nearly 25 years, has worked at organisations including MetLife, Barclays Investment Bank and rating agency Moody’s.

Law firm Harbottle & Lewis named Sarah Gogan as a partner to head up its immigration practice. Gogan has more than 20 years’ experience across a spectrum of UK immigration matters.

Channel Islands administration services provider VG promoted James Amos and Chris Hamon to assistant managers as part of strengthening its management team. Amos joined VG as a senior trust officer in 2018 and is responsible for administering a mixed portfolio of complex structures. He has over 10 years’ experience in fiduciary and legal services, both in the UK and Jersey, and holds both the STEP Diploma in international trust management and the STEP Advanced Certificate in UK tax for international clients.

Manchester-based European wealth advisory firm Artorius recruited Justin Minien as a senior lending partner. Minien, who reports to Paddy Lewis, chief executive, previously worked as a lending specialist at Coutts, Metro Bank and Deutsche Bank. 

Investor services group IQ-EQ appointed two directors in its Netherlands office. Eva Eenink joined in a newly-created role as director of private wealth and family office services. Tom Mahon joined the fund services team as a client services director.

Industry veteran Eenink moved from a wealth manager role at Van Lanschot Kempen, the oldest independent financial institution in the Netherlands. Her primary focus is on developing the commercial strategy of the firm’s private wealth and family office segment for the Dutch market and beyond. 

Investment manager Quilter Cheviot appointed Chris Taggart to head its Belfast office. Taggart took over from Nigel Crawford who led the Northern Ireland based team since its inception in 2008.

One of the new Singapore-based Variable Capital Companies, Silverdale Capital Fund VCC, appointed Andrew Chan to join its board.


With 38 years of industry experience, Chan was previously chief operating officer for Asia-Pacific at Columbia Threadneedle Investments, the asset management arm of US-listed Ameriprise Financial. Earlier, he worked for 24 years at Merrill Lynch in senior roles including head of sales and marketing, chief administrative officer and director for banking and fiduciary services. 

Ocean Dial Asset Management, the India-focused asset manager, named equity analysts Ritika Behera and Dhaval Somaiya to join its Mumbai office. Ocean Dial India also hired Vaibhav Shah as a trader responsible for the execution of trades for Olivo Fund, the Indian domestic equivalent of Ocean Dial’s Gateway to India fund, as well as providing additional support to the offshore trading operations.

Manulife Investment Management appointed Bing Liu as managing director for institutional business in Greater China. In this new role for the firm, she is responsible for institutional client coverage across the region. Based in Hong Kong, Bing Liu reports to Peter Kim, head of institutional business, Asia-Pacific (ex-Japan). With more than 20 years of industry experience in engaging with institutional investors in the region, she was most recently head of Greater China at Macquarie Asset Management overseeing the distribution and client-serving activities. 

Schroders promoted Lily Choh to chief executive of its Singapore business to continue steering growth in the Singapore, Malaysia, and Thailand markets. Choh took over from Susan Soh, the chief executive in Singapore for the last 14 years. She will now focus exclusively on her role as co-CEO of Asia-Pacific alongside co-head Chris Durack; she has remained on the regional board. Choh heads Schroders' institutional business for Asia-Pacific. She will transition from that role by the end of 2021.

Credit Suisse named Jack Siu as chief investment officer for Greater China, based in Hong Kong. Siu has 15 years’ investment management experience in asset allocation, equity, fixed income and currency markets in Hong Kong and London. He joined Credit Suisse’s CIO Office in 2015 as an investment strategist based in Hong Kong and was promoted to senior investment strategist in 2018. Prior to Credit Suisse, he was at Generali Investments where he was portfolio manager for its Asian Bond Fund; and before that, he was an investment strategist at Citigroup. In his new role, Siu continues to report to John Woods, chief investment officer for Asia-Pacific at the bank.

Partners Capital, the outsourced investment office group, appointed Emmanuel Pitsilis as managing director, based in Singapore. Pitsilis, who serves as co-head for the Asia-Pacific region alongside MD Adam Watson, reports to chief executive Arjun Raghavan. Pitsilis also works with Watson and Dominik Burckgard, head of the firm's Hong Kong office. With more than 25 years’ experience in the APAC region as an investor and financial services leader, Pitsilis was previously an entrepreneur and early-stage venture investor focused on Asian software-as-a-service and fintech sectors. Over the last seven years, he co-founded two tech businesses and built a venture portfolio. In addition, he spent over 20 years at McKinsey & Company, mostly in Hong Kong, where he was a senior partner.

Oversea-Chinese Banking Corporation appointed Ivy Au-Yeung as chief executive of OCBC Wing Hang Bank Limited, the group’s wholly-owned subsidiary in Hong Kong. Au-Yeung reports to the group CEO of OCBC Bank, Helen Wong. Na Wu Beng, current chief executive, retired and remains with OCBC Wing Hang Bank as the advisor to the board until the end of 2021.

Au-Yeung joined OCBC Wing Hang Bank as deputy CEO in December 2019, overseeing the retail banking business in Hong Kong, Banco OCBC Weng Hang, SA in Macau and OCBC Wing Hang Credit Limited. She has worked in banks for more than 30 years.

Mignonne Cheng, a senior private banking figure working in the sector for more than 40 years, joined Bank J Safra Sarasin as chair for Asia. Cheng was most recently the Asia chair of BNP Paribas Wealth Management. During her 30 years at the French firm, she served in senior roles including general manager for the Chinese division, head of North Asia and chief executive of BNP Paribas Hong Kong branch. In 2010, she was appointed chairman and CEO of BNP Paribas Wealth Management for Asia-Pacific.

HSBC appointed two senior figures for its wealth and personal banking business in Singapore. It named Ian Yim as head of distribution and Melissa Craig as head of digital and innovation. Yim has been at HSBC for more than 18 years, having served in leadership roles across Premier International and branch network business areas. Prior to his latest role, he was head of the wealth and international business, having been appointed to that area in 2019. He has been acting head of distribution since 1 March this year. 

In the case of Craig - currently head of digital messaging experience and sales, international, at HSBC - she has worked in digital banking for more than 18 years. She has served in leadership roles at Zuji and Lazada in Singapore, with responsibilities across country general management, digital strategy, product development, digital management and commercialisation. She took on the new role on 1 May. 

Yim and Craig report to Anurag Mathur, head of wealth and personal banking, HSBC (Singapore).

London-based Overstone Art Services, a firm providing risk scores for family offices, private banks and wealth managers, appointed Sophie Brown to join its team; she focuses on building out the business across Asia. Brown began her career as a chartered accountant at PwC before moving into mergers and acquisitions and debt structuring. Having served as finance director of several companies, Brown will bring an extensive network of high net worth individuals, family offices and financial institutions to the business.

Ida Liu, head of Citigroup’s private bank in North America, was named global head of private banking, while a number of other top-level changes were announced by the US lender. Liu’s new role as global private banking head includes the private capital group, global trust and private bank global marketing areas. Regional private banking heads report to Liu and their regional management.

David Bailin, chief investment officer and global head of investments, expanded his responsibilities to form Citi Global Wealth Investments (CGWI). 

Giuliano Malacarne, head of investment finance for the private bank, expanded his responsibilities and coordinated the delivery of banking and lending products to all wealth clients. His team focuses on investment financing services, including art advisory, aircraft leasing, commercial real estate and margin lending. 

Naz Vahid, head of the bank’s law firm group, which provides customised financial strategies and tailored advice to law firms, their partners and employees, leads a strategic expansion of the team globally across new industry sectors and professional organisations.

In Asia, Fabio Fontainha, head of Asia-Pacific retail banking, and Steven Lo, head of the private bank in Asia, lead as co-heads of Citi Global Wealth for Asia. Lo focuses on Citi’s client footprint and front office talent, while Fontainha concentrates on the integration across teams, the harmonisation of infrastructure, technology and digital platforms. 

Eduardo A Martinez Campos took on the role of CGW chief operating officer. 

Ronna Glick joined CGW from the firm’s markets investor sales arm as its global head of client strategy and client analytics. 

Running Du, who joined CGW from Citi's corporate strategy team, becomes the group’s chief of staff.

Pamela Hsu Phua was appointed CEO of VP Bank Asia. She moved from Pictet Wealth Management in Hong Kong, where she was managing director and head of Asia Family Office. She is based in Singapore and responsible for operations in that city-state, and for Hong Kong. Hsu Phua began her career at BNP Paribas, and worked in private banking at Credit Suisse following 13 years at Julius Baer, where she was head of intermediaries for Greater China. Her international career spans senior private banking roles in Hong Kong, Singapore and Switzerland, mostly working in the family office and intermediaries’ space.

BlackRock named co-heads of its sustainable investing capability in Asia-Pacific. It appointed head of iShares Asia-Pacific Distribution, Geir Espeskog, and former senior AMP Capital manager, Emily Woodland, to the roles. Espeskog, based in Hong Kong since 2015, joined BlackRock in 2010 with iShares in London. Woodland, also based in Hong Kong, had previously been head of sustainable investment at AMP - a post she had held since 2018. She has more than 16 years of investment experience with UBS dating back to 2000, including work in equity and convertible bond trading, as a portfolio manager with the firm’s Fundamental Investment Group, and five years as a portfolio manager with the long/short absolute return hedge fund portfolio at UBS Asset Management.

Barings appointed Lydia Wu as a head of institutional distribution, Greater China and Southeast Asia. Wu is responsible for developing and managing client relationships and raising institutional capital across Greater China and South-East Asia. Based in Hong Kong, Wu reports to Jon Millin, head of Asia-Pacific distribution. Prior to this role, Wu was at Oaktree Capital where she was senior vice president, Greater China. Before that she worked at BNY Mellon, State Street Global Advisors and Morgan Stanley Investment Management.

Standard Chartered Bank appointed former top UBS figure Raymond Ang as global head, private and priority banking, responsible for the bank’s affluent client continuum.

Ang is based in Singapore and reports to Judy Hsu, CEO, consumer, private and business banking. Prior to this, Ang was head of Greater China, Japan International and Indonesia at UBS. He also served in senior roles at the Carlyle Group and DBS. He brings 25 years of experience across consumer and private banking, in various senior positions, working in Hong Kong, Taiwan, Thailand and Singapore.

UOB appointed Eric Lim as its first chief sustainability officer. In this new role, Lim leads a dedicated corporate sustainability office. Lim reports to Wee Ee Cheong, deputy chairman and chief executive, UOB.

Prior to this role, Lim was managing director and head of wholesale banking finance, Singapore and Southeast Asia at a multinational bank. He began his career at a US-based financial services firm where he took on various executive positions involving financial planning and analysis, mergers and acquisitions, audit and controllership, based in the US and Asia.

Australia-based AMP appointed Alexis George as its new chief executive. He took over from Francesco De Ferrari, the former senior Credit Suisse private banking figure who took on the role in August 2018.

De Ferrari retired from his post as “the company completes its portfolio review,” the firm said. George was deputy CEO and executive for ANZ’s Australian wealth business. De Ferrari continues to lead talks for a proposed transaction of AMP Capital’s private markets business with Ares Management Corporation.

North America
New York/London-listed Burford Capital, the litigation finance firm, appointed Kenneth A Brause as chief financial officer. Krause is based in New York. 


Kim Kilman, Burford's current CFO, was appointed in August 2019 to serve for up to two years, after having previously served as senior advisor since 2017. Brause has 35 years of experience in the financial services industry, concentrating on specialty finance. Most recently, he was CFO of OnDeck Capital, a New York Stock Exchange-listed specialty lender. 

BanyanGlobal Family Business Advisors named Dennis T Jaffe, PhD as a senior research fellow. Dr Jaffe has been a prominent figure in family enterprise consulting for more than 40 years. He is an organizational consultant and clinical psychologist who helps multi-generational families to develop governance practices. Dr Jaffe is also a published author.

Advisor Group recruited Illinois-based Ambassador Wealth Management to join its network. AWM, which oversees $257 million in client assets, joined the network through its subsidiary and network member firm Woodbury Financial Services. Ambassador Wealth Management is led by president and chief executive Phil Battin, an industry veteran with nearly three decades of experience. The firm specializes in investment management services, tax, retirement and estate planning, college funding, defined benefit plans and more. In addition to Battin, the firm includes managing executive and wealth manager Mike Calabrese, and portfolio design director Robert Teske.

Market data vendor Exchange Data International hired Stephen Straker as head of business development for Canada. Straker, who is based in Toronto, will lead EDI’s programs in Canada. A former head of sales at GFT Group, Straker started as a trader on the floor of the Toronto Stock Exchange. He has spent his career of more than 25 years in financial markets as a trader and investment advisor. 

KeyCorp appointed Joe Skarda as president of KeyBank Wealth Management. Skarda is responsible for developing and carrying out Key’s wealth management business strategy. He is based in Chicago and reports to Victor Alexander, head of consumer banking at Key. 

Skarda took over from Terry Jenkins, who retired as president of Key Private Bank in March. Skarda took an expanded role; he runs Key Private Bank, Key Family Wealth as well as the mass affluent segment/business. With nearly 20 years of wealth management and banking industry experience, Skarda previously worked at JP Morgan Chase, serving most recently as a managing director and head of the bank’s US wealth management Central Division.

Raymond James brought over financial advisors Chuck Rebhan; Kevin D Maher, Edward Lombard and Gregory Lowder to its independent advisor channel in Jacksonville, Florida. The advisors were formerly at Ameriprise Financial Services. They joined the Agility Wealth Management team in the Jacksonville Town Center office, which is managed by Paul Wood.

Rebhan has been in the financial services industry for over 22 years. Rebhan is a graduate from Florida State University, where he earned a BS in business. Maher has more than 20 years of experience in the financial services industry, beginning his career at Morgan Stanley. Lombard has more than 22 years of industry experience, beginning his career at UBS before serving clients as a financial advisor at Wells Fargo Advisors and Ameriprise. Lowder has been in the financial services industry for over 27 years. He began his financial services career in 1993 at Prudential Securities. His background also includes roles at First Union Brokerage, UBS and Bank of America. 

Sanctuary Wealth, the US network of advisory firms, brought over its second San Antonio-based team, JDK Wealth Advisors. The firm is led by managing partners Brad Johnson, Randy Daniels and Jonathan Klug, who collectively spent more than 30 years with Merrill Lynch, ably assisted by director of operations Martha Ortega.

Advisor Group, the US wealth management network, appointed Philip Blancato as chief market strategist for the entire organization, adding to his position as president and chief executive of Ladenburg Thalmann Asset Management.

UBS Private Wealth Management recruited a three-person team managing more than $1.8 billion in assets. It joined in UBS’s South Florida market. Led by financial advisors Doris Neyra and Melissa Van Putten-Henderson, the team also includes relationship manager Gina Jamurath. Based in UBS’s Miami office, the team reports to Karl Ruppert, South Florida complex director at UBS Private Wealth Management.

Steward Partners Global Advisory, which is associated with Florida-based Raymond James, added Poljak Group Wealth Management in Shreveport, Louisiana, a firm that has previously been associated with Morgan Stanley. The business, which has eight members, led by brothers Denis and Davor Poljak, oversees more than $500 million of assets.

The Coury Firm, a US multi-family office and business advisory platform, hired Sam Delestienne as managing director of business advisory and named Thomas Deutsch the MD of private wealth. Delestienne oversees its corporate and business advisory services. Prior to this, Delestienne was vice president of corporate development at Wabtec Corporation, where he led strategy and all activity related to M&A, joint ventures and divestitures. Deutsch’s background includes more than 15 years of portfolio management and investment research at Neuberger Berman, Lehman Brothers, and Matrix Private Capital Group.

Duff & Phelps Investment Management, an affiliate of Virtus Investment Partners, appointed Susan Ford as a managing director. Ford, who works in the institutional business development space, represents Duff & Phelps’ array of listed real asset strategies including global listed infrastructure, and global real estate. She has more than 10 years of experience in institutional business development, client service, portfolio analytics, and corporate strategy.  Most recently, Ford was a vice president at Cohen & Steers where she was responsible for relationship management and business development for clients in the public, endowment and foundation, corporate and sub-advisory channels.

Advisor Group recruited GL Capital and East Coast Advisory, which are wealth management practices based in Pennsylvania. Founded in 1998, GL Capital is a Lemoyne, Pennsylvania-based firm that oversees $175 million in client assets. Led by Matthew Granite with support from Wayne Logue and Chip Thrush, the firm focuses on wealth management and retirement services for clients in the Harrisburg region. Based in West Chester, Pennsylvania, East Coast Advisory is led by Ed Campbell. Campbell runs the firm with Ryan Gray, Christine Scott, and Michael Cernek, and the four financial professionals collectively manage $148 million in client assets. 

Rockefeller Capital Management brought in a team of four to its private wealth offering in Bloomfield Hills, Michigan. The team is led by John Low, who serves as managing director and private wealth advisor, and includes Kristen Palazeti, vice president and PWA, Jennifer Byrne, VP and client relationship manager and Tori Torango, client associate.

Sanctuary Wealth brought Connecticut-based Green Wealth Management Group into its network. Green Wealth Management Group's five-person team includes founders and senior wealth advisors Alan Green, Lori DosSantos, and Andrew Heatley. Collectively, they have more than 30 years of experience as Merrill Lynch employees.

DA Davidson & Co opened a new office in Harrisonbug, Virginia, and brought over a five-person team that had previously worked with Truist. The team is called the Marshall & Whatley Investment Group. The group includes Travis Marshall, senior vice president, financial advisor; Nichole Whatley, SVP, financial advisor; Jordan White, financial advisor. White has served as a financial professional with Truist for four years.

Envestnet appointed Chris Shutler as head of market intelligence, taking the role from Karen Lanzetta, managing director and head of market research, who left the firm and retired. Shutler, who is based in Chicago, reports to Rich Aneser, Envestnet’s chief strategy officer. 

International law firm Withers added wealth planning attorney Christine E Brown as special counsel to its San Francisco team. Brown joined from Fiduciary Trust International, where she was managing director and trust counsel. Previously, she worked with UBS and Credit Suisse amongst others.

Manulife Investment Management named Alex Catterick as senior managing director of high net worth strategy, private markets. Catterick was most recently regional head of alternative investments for HSBC based in New York, where he led investment distribution and product management across the global lender's wealth management and private banking businesses for the Americas. 

Brandywine Oak Private Wealth appointed advisor Lisa Quadrini as a partner and private wealth manager, joining from the Private Bank of Wells Fargo, where she had been a managing director. Quadrini works in Kiawah Island, South Carolina and in Brandywine Oak’s offices in Kennett Square, Pennsylvania. She has more than 35 years of experience in financial services and previously managed $500 million in client assets. Quadrini worked at Merrill Lynch from 1999 to 2008 and previously worked with the Brandywine Oak team at Merrill Lynch.

Schechter Investment Advisors, a registered investment advisor, added Joseph Drozd as an advisor. Drozd was the director of strategic initiatives and investor relations at Delta Capital Partners. Previously, Drozd was the director of strategy and marketing with Ziegler Capital Management, and before that, spent over six years as a portfolio manager and director of research at Matrix Capital Advisors, a multi-family office.

Alexander Legacy Private Wealth Management, based in Chicago, joined the Carson Partners network. Jacqueline Campbell, chief executive and president of Alexander Legacy Private Wealth Management, retained independent ownership. Campbell has more than 20 years of financial services experience at firms including JP Morgan, Citizen's Bank and Northern Trust. 

Sage Mountain Advisors appointed Russ Allen as director of investment strategy. Before this appointment, Allen was chief investment officer at Berman Capital Advisors. 

Wilmington Trust appointed Fiona Boger as head of its mergers and acquisition shareholder representative business, a new product offering. Boger is responsible for the development, strategy, and day-to-day management of the business. She reports to Wilmington Trust’s head of M&A administration, Laron Galea. Prior to this, Boger worked for SRS Acquiom for more than eight years, most recently as an escrow and paying agent executive. 

Raymond James brought over a number of advisory teams to its independent advisor channel in the US northeast. One group of advisors, who collectively manage about $686 million in assets, joined Boston Harbor Wealth Advisors, an existing Raymond James Financial Services-aligned practice with offices throughout Massachusetts, Connecticut, New Hampshire, New York and Ohio. Fairfield, Connecticut-based advisory team Bill Sherlach, Jim Mead, and Sal Trombetta, who operate as IST Group, joined from Morgan Stanley, where they managed about $336 million in assets. 

Sherlach joined Raymond James after 12 years at Morgan Stanley, and prior to that, 28 years at Merrill Lynch. Mead spent the past five years at Morgan Stanley. Trombetta spent 12 years at Morgan Stanley and prior to that, 26 years at Merrill Lynch.

Cleveland, Ohio-based financial advisors Brian M Marino, Gene Craciun, operate as and serve as partners at OnPoint Wealth Partners. They joined from MML Investors Services, where they managed $250 million in assets. Marino has been in the financial planning business for more than 23 years, joining Raymond James after 15 years at MML Investors Services. Craciun brought 26 years of financial services experience, most recently at MML Investors Services for the past 13 years and, prior to that, Transamerica Financial Advisors. 

Joining Marino and Craciun at Raymond James were Matthew Marasch and Timothy Martin, associates of OnPoint Wealth Partners and RJFS financial advisors; Charis Eckelmeyer, director of office services for OnPoint Wealth Partners and RJFS client relationship manager; Hannah Baldwin, director of practice management at OnPoint Wealth Partners and RJFS client relationship manager; and Dana Camino, director of client service at OnPoint Wealth Partners and RJFS client relationship manager.

Also, joining Boston Harbor Wealth Advisors were Jeffrey Fitz from Merrill Lynch in the Briarcliff Manor, New York office, and John Meakin from LPL in the Beverly, Massachusetts office. Fitz is a financial advisor and brought 28 years of experience at various firms, including Prudential Securities, Citigroup, Wells Fargo and most recently Merrill Lynch. Meakin has been a financial advisor since 2006. Prior to joining Boston Harbor Wealth Advisors, he served as a financial advisor at Salem Five Investment Services and Bank of America Investment Services (merged with Merrill Lynch in 2009). 

Financial advisory firm Rockefeller Capital Management appointed Miami Marlins CEO Derek Jeter to join its board.

US-listed private markets investment management firm Hamilton Lane made a number of senior promotions, spanning investments, client service, legal and operations. 

Hamilton Lane promoted the following individuals to managing director:  
-- Jay Rosenberger, investments; 
-- Jim Noon, information technology; 
-- John Stake, investments; 
-- Kristin Williamson, corporate marketing and communications; 
-- Matt Pellini, investments; 
-- Miguel Luina, investments; 
-- Trevor Messerly, investments; and 
-- Tory Kulick, information technology. 
The firm also promoted the following individuals to principal:
-- Megan Milne, client service; 
-- Rachel Tsiouris-Gabriele, business development; 
-- T C Rolfstad, client service; and 
-- Xiaying Zhang, business development.

BNY Mellon Wealth Management appointed Carolina Montiel as regional director, team leader in Atlanta, Georgia.  She reports to market president Michael Dawkins. Montiel has nearly 30 years of investment experience in capital markets and wealth management. This includes four years with BNY Mellon Wealth Management. Most recently, she served as MD and family wealth investment advisor. Previously, she was employed as head of investment strategy with EFG Capital International Corp where she created and led their investment advisory practice for individuals and families in the US, Latin America, and the Caribbean. 

Lafayette Square, the investment platform founded in 2020, named the Caitlin McLaughlin as chief people officer. McLaughlin, who formerly served as executive vice president at PNC Financial Services Group, oversees human resources. 

McLaughlin has nearly three decades of human capital experience within financial services. Before joining PNC, McLaughlin was a managing director at Citigroup, where she led teams in the US, the UK, and Asia-Pacific, overseeing global campus recruiting and program management. 

Baird added The Rixse Todd Group to its wealth management office in Anchorage, Alaska. The two-person team, which oversees $200 million in assets under management, came from Wells Fargo. The team includes Kellie Rixse and Jeff Todd, who both serve as a senior vice president and financial advisor.  

US accounting, consultancy and tech firm Crowe appointed Mark Baer as its chief executive, taking the helm from Jim Powers, who has finished two terms in the post – the maximum under the organization’s partnership structure. Baer appointed Brenda Torres as the new Crowe chief operating officer. Torres previously served as the firm lead for audit quality and operations in audit and assurance services, the organization said. 

Rockefeller Capital Management welcomed Adapt Partners to join its private wealth management offering. Adapt Partners includes James Augustine, senior vice president and private wealth advisor, David Lloyd Jr, SVP and private wealth advisor, Charles Hoffman Jr, SVP and private wealth advisor, Jeffrey Anderson, vice president and private wealth advisor, and Londa Willems, VP and client relationship manager. 

Boston Family Advisors appointed Laura Tuttle as co-chief investment officer, working with fellow CIO Warren Gibbon. Tuttle has worked for more than 20 years in the investment business and has focused on alternative investments for high net worth individuals, families, endowments, and foundations. Most recently, Tuttle was director at multi-family office SCS Financial, after a 12-year tenure at Cambridge Associates, where she was an MD in the private client practice.

PineBridge Investments, a private, global asset manager, appointed Kate Faraday as global head of corporate responsibility. In this newly-created role, Faraday reports to PineBridge’s chief executive, Greg Ehret. Faraday joined PineBridge in 2007 and was most recently head of client portfolio management, Americas equities and portfolio manager for the “Research Enhanced" quantitative equities strategies. Faraday began her career at Merrill Lynch on the middle markets research and trading desk, and was an equity trader at KR Capital Advisors, an investment advisory firm.