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Who’s Moving Where In Wealth Management? – Oakglen Wealth, CG Asset Management, GSB

Editorial Staff

21 May 2024

Oakglen Wealth
UK-based has appointed Philip Burbidge as head of compliance, with immediate effect, based in its London office.

This is a newly-created role reflecting Oakglen’s commitment to maintaining the highest standards of regulatory compliance and ethical conduct, the firm said in a statement.

Burbidge (pictured) will be responsible for continuing to enhance the governance and compliance framework. With 37 years of industry and regulatory experience, he was previously head of oversight and support at Quilter Cheviot. He joined Cheviot Asset Management as head of legal and compliance Cheviot Asset Management in 2006. Prior to that Burbidge was the compliance officer for UBS Wealth Management (UK) Ltd and Laing & Cruickshank Investment Management Ltd.

“Philip’s expertise will also be paramount to navigating the ever evolving and complex regulatory landscape, while ensuring that we continue to deliver the highest level of service to our clients,” Jamie Crawford, group head of wealth management said.

The firm has been bolstering its team recently with senior appointments including Richard Firth as consultant in London and Michael Clarke as investment director in Jersey.

Oakglen Wealth is part of Oakglen, a group of investment and operating companies with interests across the UK, Channel Islands, Europe, and North America, focusing on real estate, private equity, and financial services. The group, which is responsible for assets exceeding £1 billion ($1.27 billion), is privately owned, with headquarters in Jersey in the Channel Islands.

CG Asset Management
 (CGAM) has hired Sophia Sednaoui and Katie Forbes who will be forming the new investor relations team, the firm said in a statement.

Sednaoui has been appointed as head of investor relations, taking effect in August. She will be responsible for team strategy, institutional and intermediary client relationships, and overseeing the open-ended funds.

Senaoui will be joining after six years at Carmignac, where she has been business development director, specialising in UK wholesale and institutional clients. She also co-founded Virtuvest in 2020, a pioneering responsible investor network for professional investment allocators, which she will continue to develop at CGAM.

Forbes, who started in May, has been appointed as head of investor relations for Capital Gearing Trust plc, the FTSE 250 listed investment trust. She will also concentrate on digital media and press relations initiatives.

Forbes brings invaluable experience from two leading investment banks, most recently with JP Morgan Cazenove's investment funds team – experience which will enhance the team's capabilities.

“Not only will they strengthen our team and enhance our distinctive culture, but most importantly, they will ensure our clients always come first,” Alastair Laing, CEO of CGAM, said.

Financial services group has appointed Nicholas Jones as part of its global wealth and advisory business. Based in the group’s office in Dubai, he will become part of GSB Private as a senior debt advisor. Jones' appointment represents the firm’s continuing expansion it said in a recent statement.

Jones has several years of experience advising international clients, specialising in complex debt financing transactions across corporate and real estate finance, as well as securities-backed lending.

Previously, he was a securities lending associate and corporate finance associate for over two years in Dubai with Enness Global. Prior to that, he was a finance broker at Raymond Jones & Company.

"Nicholas will strengthen our in-house, whole of market debt and finance brokerage under the guidance of the division’s co-heads Jon Urquhart and Ryan Dixon,” David Smylie, group head of GSB Private, said.

GSB, which was founded by Ross and Alison Whatnall in April 2021, provides a range of wealth management services to a broad range of clients seeking high-quality, investment, wealth and financial planning based on a strong ethical foundation.

In January 2024, GSB became the first-ever international firm to achieve CISI Chartered Firm status.