People Moves

Executive Moves - May 2011

7 June 2011

Executive Moves - May 2011

UK

Deutsche Bank appointed Tracy Clarke and Adam Buxton to its
Jersey-based financial intermediaries team. Clarke has been with Deutsche Bank
since 2004, joining the FIM team in June 2008 after having worked in the
finance department and in business management previously. Buxton first joined
Deutsche in 1997 to take on responsibility for global custody operations,
before going to eventually become a relationship manager for the FIM team via a
stint involved in the design and implementation of the bank’s e-banking
platform.

Investec Specialist Private Bank added to its growth and
acquisition finance team, hiring Stephen White, latterly of Barclays. At
Barclays, White was a senior member of the financial sponsors’ portfolio team.

Goldman Sachs Private Wealth Management recruited former
Thurleigh Investment Managers partner and portfolio manager David Livingston. Livingston left Thurleigh in April after having spent
close to three years at the firm. In his former career he was an analyst at
Albourne Partners and a research consultant at FreshMinds.

Brooks Macdonald Asset Management hired investment director
Robert Seifert at its London
office. Seifert spent the past five years with Cheviot Asset Management, where
he was a private client investment manager and head of the sports desk. Prior
to this he worked at UBS and Laing & Cruickshank. In his new role Seifert’s
responsibilities include running private client portfolios as well as driving
new business with IFAs and private clients, with a particular emphasis on the
sports segment.

Legal & General Investment Management named Suresh
Sadasivan as its new head of Asian equities, succeeding David Riddle, who
retired. Sadasivan, now working in London, was
formerly based in Singapore
as head of emerging markets equities for Old Mutual Asset Management. In his
new role he reports to LGIM’s head of international equities, Ian King.

Standard Life Wealth announced the departure of senior
business development manager James England. England, who had been with Standard
Life Wealth since 2009, was latterly charged with upping the profile of the
firm’s wealth offering among IFAs and other advisors. In his former career England
was a director and client advisor for the Swiss banking giant UBS, having
previously held senior roles at Grant Thornton and Deloitte Financial
Consultancy.

HSBC Private Bank appointed Russell Prior to the
newly-created position of head of philanthropy with effect from 4 July. He
previously worked at the Charities Aid Foundation, where he was executive director
of enterprise and philanthropy development. Prior reports to Steve Whiting,
managing director and head of ultra high net worth teams, and functionally to
Stephen Skelly, head of Europe, private wealth
solutions.

Architas, the multi-manager arm of the French insurance and
financial services giant AXA, brought in Cedric Bucher as head of business
development as part of moves to expand in both the UK and Europe. Bucher joined
from SEI in London, where he had been head of
client investment strategy for the UK and EMEA.

UK-based boutique investment house Evercore Pan Asset
expanded its development team with the appointment of William Tong as business
development manager. Tong joined from Towry, where he was a member of the
private client team and a business analyst.

Barclays appointed Graham Rogers as its new head of
settlement, securities and asset servicing for Europe within its global shared
services hub in Glasgow,
which includes the firm’s private banking division, Barclays Wealth. Rogers manages international
teams from the Barclays Wealth and Barclays Capital businesses, reporting to
the bank’s global head of security settlements, asset services and tax
operations. He joined from Morgan Stanley, where he was global head of cash
settlements.

Arbuthnot Latham, the UK-based private bank, hired StJohn
Gardner and Gregory Perdon as co-chief investment officers. Gardner
has been with Arbuthnot Latham since 2005, when he joined from Merrill Lynch,
where he had been director and head of the firm’s managed fund service in the UK. Gregory,
meanwhile, joined Arbuthnot in 2010 as head of alternative investments and
alternative lending. He had latterly been head of alternatives at Arjent.

JP Morgan Private Bank added to its coverage of ultra high
net worth clients in the Nordic region with three new hires in London. Pontus Aldell and Stephan Treschow
joined as executive directors, while Bjorn Bohm was appointed as an associate
banker. All three are based in London, reporting
to Olivier de Givenchy, head of JP Morgan Private Bank in the UK.

A former relationship manager at HSBC Custody Services,
Vicky Ackers, joined Royal London 360° as the firm’s new head of investment.
The Isle of Man-headquartered firm is the international division of the
UK-based mutual life and pensions company, Royal London Group. The firm
recruited Ackers as a replacement for Mark Kennett, who has been appointed head
of investment strategy. Ackers held several senior positions on the Isle of Man
prior to her role at HSBC, including custody manager at Rea Brothers,
settlements supervisor at Coutts & Co and assistant manager, securities at
Royal Bank of Canada.

Duncan Lawrie, the London-based private bank, appointed Jane
Parry as head of marketing and business development. Parry latterly held senior
roles in strategic marketing and client communications within the wealth
division of Skandia International.

The former chairman of Adam & Co, Ray Entwistle
recruited two former colleagues to join him in developing his new private
banking venture, Scoban. Andrew Mulligan, former finance director at the
Scottish private bank, joined Scoban in the same role. Meanwhile, Alan Young
was appointed as group facilities director, having previously been part of Adam
& Co’s group facilities team.

The former head of discretionary sales at Ignis Asset
Management, Jon Garland, joined Ardevora Asset Management next month as a
partner heading up sales distribution. Garland
spent six years at Ignis.

JM Finn hired Lucy Clapham as an investment manager at its
Leeds office in the north of England.
Clapham joined firm from Yorkshire-based stockbroker Redmayne-Bentley, where
she managed client portfolios and played a key role establishing its office in
Ilkley. During her career, she also worked at Hambros Bank in Leeds.

The firm also hired John Everall as a senior investment
manager. Everall joined from the stockbroker Barratt & Cooke.

Schroders bolstered its FUM Multi-Asset business, hiring Aymeric Forest to its existing 60-strong team of
multi-asset fund managers. Forest joined from BBVA Wholesale Banking &
Asset Management, where he had been based in Madrid as global head of global investment
solutions. Schroders, meanwhile, appointed Kate Jones as head of investment
services, reporting to Alan Brown, the firm’s chief investment officer. Jones
was formerly head of structured solutions portfolio management at BlackRock.

UK asset
manager Threadneedle has lost two US equity fund managers, Andrew
Holliman and Richard Wilson, to rival firm Polar Capital. Holliman had been at
the firm since 2004 and was latterly in charge of the Threadneedle Global
Extended Alpha Fund. Wilson
joined the firm more recently. Head of US equities at Threadneedle, Cormac
Weldon took over running of the US
fund with support from Stephen Moore, while fund manager Jeremy Podger took
control of the Extended Alpha fund, supported by Steve Thornber.

Threadneedle named Irina Miklavchich as fund manager of its
£130 million ($212.8 million) global emerging markets equity fund. Miklavchich
joined existing managers Vanessa Donegan, head of Asia (ex Japan) and
global emerging markets equities, and Rafael Polatinsky, who have been running
the fund since September 2010. She took also take responsibility for other
emerging markets portfolios at Threadneedle at a later stage. Miklavchich
joined Threadneedle in February from Goldman Sachs. In addition, Threadneedle
promoted Simon Brazier to head of UK equities. With immediate effect,
he will assume sole responsibility for leading the UK equity team.

Previously, he co-managed the UK
team with Leigh Harrison, who continues to manage the UK income franchise, in conjunction
with his role as head of equities.

Artemis made two hires from LV Asset Management for its
European equity strategies, appointing Mark Page and Laurent Millet as fund
managers, effective September. Page was head of European equities at LVAM,
before which he was director of Schroders Investment Management International
and deputy head of a global equity team. Millet worked in Page’s team at LVAM
as a European fund manager.

Saltus Partners, the London-based family office boutique,
boosted its IFA sales team with the hire of two new business development
managers from Williams de Broë. John Muir has been brought in to cover Scotland and Northern Ireland, while Tony Albery
has been appointed to look after IFAs in the southeast.

Jupiter Asset Management added Amanda Sillars and David
Lewis to its Merlin fund of funds team as fund selection specialist and
assistant fund manager respectively.

Sillars was latterly an investment director and executive
director at JP Morgan Asset Management.

Nucleus, the IFA-owned wrap platform, made three new hires.
Angela McGiffen was named client relations manager, while Aileen Jeffrey and
Lauren Beveridge were appointed to provide client relations support. McGiffen,
was latterly wrap administrator at Standard Life Savings. She is responsible
for building relationships with new and existing IFA partners. Jeffrey was
formerly pensions administrator at Capita Hartshead, while Beveridge was a
customer services representative at Aegon Scottish Equitable.

Brooks Macdonald Asset Management appointed Conor Dempsey as
an investment management director at its London
office. Dempsey was latterly a private client portfolio manager at Barclays
Wealth, having previously worked for Brewin Dolphin.

Dempsey now runs private client portfolios and works as part
of the firm’s research team specialising in emerging markets.

Pictet Asset Management, the asset management division of
the Swiss private bank Pictet & Cie, expanded its northern Europe team with the appointment of Micael Hagelin as
senior business development manager. Hagelin was latterly a Nordic sales
director at Janus Capital International.

Matrix, the UK
asset manager hired Ian Smith and David Naughtin, who both previously worked
for Nevsky Capital, as analysts. Smith was latterly a specialist analyst
covering Asia and Latin America financials at
Nevsky Capital.

Scottish Widows Investment Partnership appointed Nick Thiem
as head of discretionary sales within the SWIP wholesale distribution team, to
be based in London.
Thiem joins SWIP from Gartmore, where he was a discretionary account director,
responsible for the distribution of Gartmore’s investment funds and fund
management capabilities to wealth managers.

Ollie Beckett took over management of the TR European Growth
portfolio, part of London-based asset and investment manager Henderson, from
veteran Stephen Peak on 1 July 2011. Peak managed the
TREG portfolio since its launch in 1990 and is the head of Henderson’s pan-European equities investment
team.

The London-based investment manager Octopus Investments
added Simon Reynolds to its multi-manager team. He previously worked at the
Australian multi-manager Ipac, part of the AXA group. Reynolds works alongside
fund managers Colin Lunnon and Bish Limbu.

BlackRock added Sanjay Gohil to its UK retail sales team in the
newly-created role of head of nationals and networks as part of a drive to
build up business with IFAs.

He will reports to Mark Elliott, BlackRock’s head of UK
retail sales.

MAM Funds, the UK asset manager, appointed Martin
Turner to manage a new investment trust, the Diverse Income Trust, alongside
Gervais Williams. Turner was latterly at Collins Stewart, where he was head of
small-mid cap equities.

Cazenove Capital appointed Chris Rice to head up
pan-European equity, replacing Tim Russell, who steps down from the role in
July. Meanwhile, Steve Cordell was appointed to manage core UK long/short
products. Russell spent 26 years in the investment industry and took a career
break.

Bluefin Wealth Management, part of Bluefin Advisory
Services, appointed Chris Durnian as a financial planner to be based in the
firm’s London
office. Durnian joins from Lloyds Wealth Management, where he was a wealth
management advisor.

Man Group appointed its chief operating officer, Emmanuel
Roman, as an executive director, along with Matthew Lester as a non-executive
director. Roman became COO of Man Group in October last year, after the firm’s
acquisition of its rival alternatives house GLG Partners. He joined GLG in 2005
as co-chief executive, having previously spent 18 years at Goldman Sachs.

The Tax Advisory Partnership, the London-based tax and
compliance advisory firm for the high net worth, appointed Julian Brooks and
Javie Favell to its private client team. They previously worked in senior
management roles at KPMG and RSM Tenon, respectively.

Henderson, the asset manager, appointed two executive
directors and a non-executive director. David Jacob, managing director of
Henderson Investment Management and chief investment officer, and James
Darkins, managing director, global property, were appointed to the Henderson
Group board as executive directors. Kevin Dolan, a 32-year industry veteran,
was appointed as a non-executive director.

Ashcourt Rowan, the wealth management arm of Syndicate Asset
Management, appointed Paul Miles as director of intermediary services. Miles
was latterly sales director at the discretionary fund management platform
Parmenion

VFS Group, the financial advisor network, appointed Andre le
Roux and Andrew Pletzer as managing director and general manager, respectively,
of VFS Holdings.

VFS Holdings incorporates VFS International and VFS Europe
Sàrl, the group’s international wealth management and insurance brokerage
businesses.

Dalton Strategic Partnership hired Peter Buxton as a partner
with responsibility for the distribution of its Melchior Funds into the Nordic
markets. Buxton joined DSP on 1 May from Gartmore Asset Management.

UK-based Legal & General Investment Management named
Sacha Sadan - latterly of Gartmore - as director of corporate governance.

Brown Shipley recruited Graham Johnson from Adam & Co to
take up the role of private client director for its London office. Johnson had been with the
Royal Bank of Scotland-owned firm since 2006.

Ben Palmer, head of portfolio construction at Schroders,
left the firm for personal reasons, returning to his native Australia with
his family.

Switzerland

International law firm Baker & McKenzie announced that Thomas Salmon,
latterly chief international trust officer at Citi Trust, Citi Private Bank, will
join the wealth management practice as counsel to its Zurich office on 4 July.

Lloyds TSB Private Banking announced that Ricardo Sanchez-Hernandez will
join the firm as a senior wealth structuring solutions consultant to cover
Latin America, Europe, Middle East and Africa
in June of this year. Sanchez-Hernandez, who will be based in Geneva, joins Lloyds TSB from JP Morgan
Switzerland where he was a vice president.

Lombard Odier Darier Hentsch & Cie announced that Arthur Caye will join
the firm on 2 August 2011, and become a managing partner from 1 January 2012. Caye
joins the Swiss private bank from Capital Group in Geneva where he is currently a partner
and research director.

Vontobel Group elected Herbert Scheidt, its long-standing chief executive,
as chairman of the board of directors, while also elevating Clara Streit to the
board for the first time. As chairman, Scheidt succeeds Dr Urs Widmer, who has
retired after six years in the post. Vice chairman Dr Wolfhard Graetz opted not
to stand for re-election, having held the post since 2005.

Banque Heritage added Peter Braunwalder to its board of directors following
the arrival in February of Bernard Stalder and Jorge Esteve. Braunwalder
is chairman of the board of Thommen Medical AG and was vice-chairman of the
board of directors of the Association of Foreign Banks in Switzerland. 

Europe

In France,
La Banque Postale, the postal service’s banking arm, named Daniel Roy as an
advisor to the board in charge of wealth management, a role which includes
a position on the firm’s executive committee. Roy
was latterly the chairman of HSBC Private Bank France’s board of directors.

HSBC Private Bank France
appointed Antoine Cahuzac, previously a senior corporate advisor at HSBC
France, as its new chief executive. In his new role he is also a member of the
EMEA global private banking executive committee.

Edmond de Rothschild Investment Management, the French arm of the Edmond de
Rothschild Group, hired Etienne de Marsac, latterly of Natixis Asset
Management, to join its tax and credit team. Marsac reports to Etienne Gorgeon,
who heads the team.

Amundi Alternative Investment appointed Laurent Guillet, latterly deputy
chief executive of the unit, as chief executive, replacing Andrew Watson, who
is retiring. Guillet, who is based in Paris,
joined Amundi Investment Solutions in April 2007, before which he worked as
head of equity and fund derivatives sales for Europe, Middle East and Northern Africa in the capital markets divison of Calyon.

Credit Suisse in Jersey appointed former
Close International Private Bank senior manager Mo Baluchi as head of
intermediaries on the island, a newly created position.

In Luxembourg, VAM Funds added
Pavan Varma, latterly a sales director at Fitzwilliam Asset Management, to its
sales team – an appointment intended to help boost client relationships with wealth
managers and discretionary and institutional investors in the UK and
Continental Europe.

In Liechtenstein,
Liechtensteinische Landesbank named Natalie Flatz as the new head of its
institutional clients business unit, replacing Urs Müller, who was appointed a
member of the group executive and management boards at the beginning of April.
Flatz, who is vice chair of the Liechtenstein Investment Fund Association, will
take up her new post before the fourth quarter of 2011. She previously worked
at IFOS Internationale Fonds Service – a Liechtenstein-based investment manager.

VP Bank elected Dr Teodoro Cocca to its board of directors, succeeding Dr
Beat Bernet, who stood down after nine years on the board. Dr Cocca is
Professor of Asset Management at the Johannes
Kepler University
in Linz, Germany,
as well as Adjunct Professor at the Swiss Finance Institute in Zurich. In keeping with the prescribed
rotational procedure, board members Walo Frischknecht and Dr Daniel Sigg were
confirmed in their posts after standing for re-election for a period of
three years.

In Russia,
Italian bank UniCredit hired Igor Ryabov, a former senior executive at Allianz
ROSNO, as head of the firm’s private banking service in the country.

Middle East

UBS named former Credit Agricole banker Albert Momdjian as head of its
business with ultra high net worth clients in the Middle East and Africa, effective from 1 August. Momdjian was head of
Credit Agricole’s corporate and investment bank in the Middle
East. UBS said Momdjian will also act as head of its corporate
advisory group in the region.

Abu Dhabi Islamic Bank, the Islamic financial services group, hired Stuart
Crocker, latterly chief executive of HSBC Private Bank in the United Arab Emirates and Oman, as its
new head of private banking and wealth management.

HSBC Bank Egypt
named Andrew Long as its chief executive officer. Long was previously global
head of global transaction banking at HSBC, a post he has held for the last
four years.

HSBC Private Bank appointed Talal Alghalib as its new market head for Qatar, a
country which the bank said it regards as a priority market. Alghalib is a
co-founder of 21 North Advisors, a multi-family office and advisory firm
established in 2008. He has also worked for Gulf Finance in Bahrain, where he
lead a team of relationship managers covering Saudi Arabia, Bahrain and Qatar,
and was responsible for establishing the company’s Asian operations in
Singapore.

Société Générale Private Banking appointed senior manager Philippe Boutron,
who has been at the firm since 1993, as regional chief investment officer for
the Middle East region, reporting to Eddy Abramo, chief executive officer for
the Middle East at the bank.

Latin America

In Brazil,
JP Morgan Asset Management appointed Carlos Salamonde in the newly-created role
of chief executive for its investment management business in the country. Salamonde,
who will be based in Sao Paulo,
joins JP Morgan from Banco Itau Unibanco, where he was head of corporate
distribution and sales for the asset management division. 

International

In Australia, Credit
Suisse named Edward Jewell-Tait as its new head of private banking in Australia,
effective from 4 July. He will be based in Sydney
and report to David Livingstone, chief executive of Australia, and Marcel Kreis, head
of private banking for Asia-Pacific. Jewell-Tait joins the Swiss bank’s
Australian arm from Caledonia Investments, where he was latterly executive
director, head of investment advisory and distribution.

In Bermuda, the offshore legal, fiduciary
and administration services firm Appleby announced
that Bermudian lawyer Sophie Tod has joined its private client and trusts team.
Tod joined Appleby as a senior associate in May 2009. She has also worked as
legal counsel for the Bermuda Monetary Authority, where she advised on the
regulation of the trust, insurance and investment industries, and assisted in
drafting associated legislation.

In Canada, UBS appointed
Marcel Larochelle as chief executive of UBS Bank Canada as it moved to merge its
wealth and asset management divisions. Larochelle, who is also chief executive
of UBS Global Asset Management Canada, takes over from former chief Grant
Rasmussen. Also gone are Sam Sivaragan, managing director and head of Private
Wealth Management Canada, and Graeme Harris, executive director of corporate
communications.

HSBC confirmed that it will recruit more than 1,000 new employees in Singapore over
the next five years in a bid to capitalise on the country’s predicted growth as
a centre for wealth management. The banking giant singled out India, Singapore and Malaysia/Indonesia as
priority markets, and is looking for each to deliver $1 billion in pre-tax
profits in the medium term.

Barclays Wealth appointed Christian Kwek as a managing director of its ultra
high net worth team. Kwek is based in London and
reports to Stefanie Drews, head of the UHNW and family offices division for the
UK and EMEA, and Henry
Fischel Bock, head of the London
office for Barclays International Private Bank, EMEA. Kwek previously spent
eight years at BNP Paribas, most recently as head of the equity derivatives
group in London.

North America 

US
Trust, part of Bank of America’s Global Wealth & Investment
Management unit, made three hires for its team in the Bay Area of
California.

Sebastian Ferrando will join the firm as a senior vice president and
private client advisor for US Trust's Northern California, Nevada, and
San Francisco region, to be based in the latter. Ferrando was formerly a
financial advisor with Bernstein Global Wealth Management in San
Francisco.

Ingrid Hsia, also to be based in San Francisco, will be senior vice
president and wealth strategies advisor. She previously ran an estate
planning practice.

Mariia Eroshin joins as a senior vice president and senior portfolio
manager for US Trust’s West Division. She was latterly a director of
investment research for Springcreek Advisors. In her new role Eroshin
will be based in Menlo Park.

Goldman Sachs appointed Judd Gregg, a former three-term US senator from New Hampshire, as an international advisor.

Gregg joins a group of 17 international advisors and will provide
strategic advice to the firm and its clients, as well as assisting in
business development initiatives.

During his time at the US Senate, Gregg was the ranking Republican
member on the Appropriations; Banking, Housing and Urban Affairs; and
Health, Education, Labor and Pensions committees. Before joining the
Senate, he served two terms as governor of New Hampshire and four terms
as a member of the US House of Representatives.

Eckberg, Lammers, Briggs, Wolff & Vierling, the Wisconsin- and
Minnesota-based law firm that specializes in the affairs of high net
worth clients, added Shannon Hooley Enright to its trust and estates
division.

Enright was previously a vice president and trust officer at ING
Trust, where she administered trusts for the western US region. In her
new post, she will focus on high net worth estate and trust planning, as
well as elder law. She is based at the firm's Stillwater, Minnesota
office.

The California-based law firm Albrecht & Barney, which
specializes in wealth and estate planning, bolstered its ranks with the
addition of four attorneys.

David Collins joined the practice from a national firm and focuses on
business succession planning, while Katherine Hughes joined after
working at a national accounting firm and a regional law firm, bringing
experience in trust administration.

The firm also recruited Anson Cain and Jillian Stockton, both due to graduate soon, as attorneys.

California-based First Republic Bank hired Iris Chavarria from Citi
Private Bank as a managing director and relationship manager.

Chavarria will work with individuals and families, as well as
foundations and businesses, to provide services such as banking,
investment management, trust, brokerage and real estate lending
services.

She will initially be located at First Republic’s Pine Street, San
Francisco headquarters, but will move to the bank’s new office in
Montclair, San Francisco, after its opening this summer. There she will
join a team of bankers at the firm’s seventh office in the East Bay area
of the city.

Options Group, the international executive search firm, hired John
Carreras as an executive director, charged with heading up a
newly-launched office in Miami.

Carreras joins Options from Private Client Advisors, an executive
recruitment agency that specializes in wealth advisor placements, which
he founded and led as president. On taking up his new position he will
lead the private wealth management practice in the Americas and
spearhead the Miami branch's launch.

Family Office Exchange, which provides HNW families with research,
consulting and networking services, appointed Leigh Faber as director of
business development.

Faber joins the firm from Huron Consulting Group, where she was a
project consultant. There, she oversaw the interim servicing of loans of
failed institutions and the resolution of non-performing assets. She
has also previously worked as an investment analyst for Sante Fe
Investment Advisors.

She replaces Joshua Slusarz who left FOX.

UBS appointed Richard Immesberger as the president of UBS Trust Company, as it aims to accelerate growth in this business area.

Immesberger most recently managed the trust and wealth management
division of WSFS Bank in Wilmington, Delaware, also serving on several
executive boards and the bank's executive management committee. He also
formerly worked at Bank of America and Glenmede Trust Company. In his
new role he will be based at UBS’ trust offices in Wilmington.

The position was formerly held by Kevin Ruth, chairman and chief
executive of the trust company. He continues in these other roles.

Cortina Asset Management expanded its range of products with the
launch of the Cortina Small Cap value strategy and the Cortina SMID
Value strategy, which will be led by a new team of recruits.

Both will be operating out of the New York office, led by a team
headed by Alexander Yaggy. Yaggy latterly co-managed the Morgan
Stanley/Van Kampen Small Cap Value and Morgan Stanley Small-Mid Value
funds, which when combined total $2 billion in assets under management.

Also joining the company are Andrew Storm, who also used to work with
Morgan Stanley, and John Clausen, who previously worked for the mutual
series group within Franklin Templeton Investments.

Broker-dealer LPL Financial hired David Reich from Ameriprise
Financial as executive vice president of retirement platform
development.

Reich takes over from Bob Francis, who left in January 2011. He is
charged with continuing to build out the company's retirement platform,
rolling out new services and technology, and providing support for LPL's
retirement plan business. He will be working closely with Bill Chetney,
the EVP for LPL Financial Retirement Parters, and will report to Derek
Bruton, managing director and national sales manager for the firm's
independent advisor services unit.

At Ameriprise, Reich was vice president and general manager for retirement strategies and solutions.

BlackRock hired Nathan Thorne, George Bitar and Mandakini Puri as
managing directors to head up a new private equity platform within its
alternatives offering, which it expects to grow to around 20 employees
within a year.

Thorne, Bitar and Puri founded Merrill Lynch’s private equity
business in 1994, and remained there until 2009. They began working
together at Merrill Lynch in 1990.

At BlackRock they will form the leadership team of the new division,
charged with building it out and ensuring private equity is connected
with the firm’s wider investment offering on a global basis. They will
report to Matthew Botein, managing director and head of BlackRock
Alternative Investors.

Washington Wealth Management, a Middleburg, Virginia-headquartered
RIA, appointed John Simmons as its new president. Based in California,
Simmons will also establish a West Coast presence for the firm.

Simmons was latterly a managing director at Morgan Stanley Smith
Barney, as well as a regional director overseeing Southern California,
Las Vegas and Hawaii.

In his new role he will oversee all of Washington’s existing branches
and lead the firm’s efforts to rapidly expand its independent network
of financial advisors.

Sun Life Financial, the US-based firm which offers financial advisory
and investment services, added Richard Booth and Jon Boscia to its
board of directors.

Booth is the vice chairman of Guy Carpenter & Company, a risk
management and reinsurance company, and formerly served as chairman of
HSB Group.

Boscia founded Boardroom Advisors, a board governance consultancy firm, and was also previously president of Sun Life.

Neuberger Berman appointed David Eckert, latterly of ING, as global head of infrastructure.

At ING, which he joined in 2008, Eckert was global chief operating
officer/chief information officer for the investment management and
insurance business. Before that he was with JP Morgan Chase, where he
held positions including chief information officer for the investment
management business.

He takes up his new role on 1 June, reporting to Andrew Komaroff, chief operating officer.

Barclays Wealth, part of the UK-listed bank, continued to ramp up its
US operations with the addition of five investment representatives to
its Philadelphia, Chicago and Atlanta offices. The combined five IRs had
over $35 million in trailing 12-month production and $18 billion in
AuM.

Rosalie Hunter and Bill McCormack joined Barclays Wealth’s
Philadelphia office, with Hunter joining in the capacity of a managing
director. Both joined from JP Morgan and report to Scott Sheffer,
regional manager for Philadelphia.

In Chicago, Brian Maddox joined Barclays Wealth as a managing
director from Morgan Stanley Smith Barney. He joined MSSB in 1986 and
worked there with HNW clients, as well as foundations, family offices,
pension funds, investment advisors, and closed-end and mutual funds.

Michael Schafer also joined the Chicago office. He most recently
worked at Goldman Sachs, specializing in advising clients on money
market and short-duration fixed income investments. He joined Goldman
Sachs in 2002.

Maddox and Schafer both report to Chris Williams, regional manager for Chicago.

In Atlanta, the bank hired Jonathan Pakula from UBS. He joined UBS in 2000 as part of its acquisition of Paine Webber.

HSBC Private Bank hired Gregory Dennerlein and Christopher Simcox as a senior vice president and vice president respectively.

Dennerlein, who is a senior VP and senior relationship manager at
HSBC, used to be a key member of the institutional sales team at
Northern Trust in Chicago. In that role he advised family offices,
investment managers and hedge funds on strategies such as equity hedging
and liquidation. Prior to that, he spent 15 years at Citigroup Private
Bank, JP Morgan, and Key Asset Management collectively.

At HSBC, Dennerlein will be responsible for the management and expansion of relationships with wealthy private banking clients.

Meanwhile, Christopher Simcox took up the role of vice president and
relationship manager, also in Chicago. He joined the firm from Bernstein
Global Wealth Management, where he was a financial advisor working with
affluent individuals, families, and endowments.

US Trust added two managing directors and a senior vice president,
expanding its team in the Northeast and Midwest as part of an ongoing
initiative to strengthen its HNW offering in key markets.

Greg Khost joined the firm as a managing director and regional
executive for the greater tri-state region, based at US Trust’s New
Jersey office. His most recent role was as a founding partner and
director of national accounts for New York-based Central Park Group.

Donald Quattrucci, managing director and market investment executive,
joined the firm in Rhode Island. He was latterly Rhode Island regional
president at BNY Mellon’s Private Wealth Management group.

Nancy Anderson was appointed as a senior vice president, private
client advisor in Minneapolis, responsible for leading efforts for new
client engagements, as well as extending current relationships and
product and service delivery to HNW clients. Her prior career includes
senior roles at US Bank Private Client Reserve, Citigroup Global Wealth
Management and Merrill Lynch Trust Company.

Boston- and Manhattan-based Lexington Wealth Management appointed Kim
Kenly as a senior advisor, charged with contributing to the firm’s
investment committee, client service efforts, and growth strategies, as
well as its advisory board.

Kenly joined the firm from GMO, where he was the managing director of
North American marketing and sales. Before GMO, he was a managing
director at Credit Suisse First Boston Investment Management Group.

Canadian wealth manager Exhilway Wealth announced plans to hire 10,000 people in India over the next three years.

The massive hiring strategy comes alongside the intention to launch
some of its key offshore investment products in the Asian country,
including Managed Futures – an alternative investment vehicle that
trades in various asset classes at over 120 stock exchanges. In total,
the company said it has committed an investment of some $700 million.

Bank of America named David Reilly – latterly of Morgan Stanley – as
chief technology officer for its global wealth and investment management
business, as well as the company’s shared technology infrastructure
executive.

Expected to join the bank in June, Reilly will be based in New York
and report to Bank of America chief technology officer Marc Gordon.

He will be responsible for leading the GWIM team that supports
strategy, architecture, design and build, operations, engagement and
product delivery of technology infrastructure. As the shared technology
infrastructure executive, he will be accountable for designing, building
and operating Bank of America's enterprise technology infrastructure
and operations.

Reilly joined from Morgan Stanley, where he was the chief information
officer for enterprise infrastructure. Before that, he was responsible
for technology infrastructure services at Credit Suisse.

BNY Mellon Wealth Management appointed Myriam Soto and Douglas
Schaenen to newly-created positions within the firm, as part of a
long-term international expansion strategy.

Soto will take up the role of managing director, international wealth
advisory services, with overall responsibility for setting strategy for
new business development.

Soto is also president and a director of the firm’s Cayman trust
company, charged with enhancing that operation and other international
trust opportunities, as the company looks to expand its global footprint
in this business.

Meanwhile, Schaenen was appointed managing director and regional head
for international wealth management in Europe, the Middle East and
Africa. Both report to managing director Paul Finn.

Schaenen was previously head of the Middle East region within IWM. In
his new role he will oversee all aspects of wealth management business
development, as well as leading certain key relationships across the
region.

Crestone Capital Advisors, the investment and wealth management firm
that caters to high net worth clients, named Jennifer Hardy as chief
compliance officer.

Hardy was previously the senior securities administrator at the
company. Prior to that, she served as operations manager and sales
assistant at Rhodes Securities. In her new role, she will be responsible
for managing Crestone's statutory and regulatory compliance matters, as
well as broker-dealer operations.

Lizabeth Zlatkus, the executive vice president and chief risk officer
of The Hartford, announced that she will be retiring, effective from
the fourth quarter of 2011. With her imminent departure, the company is
now launching an internal and external search for her successor.

The Seattle-based wealth management firm Paracle Advisors appointed Duane Duim as a senior advisor.

In his new role, Duim will serve as personal financial manager for
individuals and families. In addition to his new advisory role at
Paracle, Duim will continue to work at his boutique advisory firm,
BluePrint Financial Partners.

Before founding BluePrint, Duim worked for another Seattle-based
wealth manager, Laird Norton Tyee, where he was a vice president and
client advisor.

AXA Advisors appointed Jack Hoile as district manager of its national
division, with a focus on developing the company's growth throughout
the Triangle and Eastern North Carolina.

Hoile brings 12 years of industry experience to the role and has
served as a financial professional at AXA since 1999. He is also a
principal at Legacy Wealth Strategies.

New York-listed State Street hired Maria Cantillon as the global head
of sales for its Alternative Investment Solutions business.

Cantillon, a former head of alternative investment managers and
member of the executive committee at BNP Paribas Securities Services,
will now report to Scott FitzGerald, head of sales for State Street’s
Global Services Americas business. 

Based in London, Cantillon replaced FitzGerald in the role and will
oversee a team of 15 people, covering positions in North America, Europe
and the Asia Pacific region. FitzGerald undertook an expanded role
towards the end of 2010.

As part of a drive to boost its business in Brazil, JP Morgan Asset
Management announced the appointment of Carlos Salamonde to the
newly-created role of chief executive for its investment management
business there.

Salamonde, who will be based in Sao Paulo, joins JP Morgan from Banco
Itau Unibanco, where he was head of corporate distribution and sales
for the asset management division.

In his new role, Salamonde will report to Jamie Broderick, head of
Europe and Latin America for JP Morgan Asset Management. He will be
responsible for leading and developing the firm's onshore domestic
business in Brazil.

The financial services software giant SunGard appointed Russell
Fradin as chief executive, effective 31 May 2011, succeeding Cristóbal
Conde. Fradin will also become a member of SunGard’s board of directors.

Fradin was most recently the chairman and chief executive officer of
Aon Hewitt, where he oversaw the September 2010 merger between Aon
Consulting and Hewitt Associates.

New York-listed First Republic Bank appointed Joubin Rahimi as a relationship manager in San Diego, California.

Rahimi latterly worked for Comerica Bank in San Diego as a private
banker, prior to which he held positions at Bank of America and Wells
Fargo Bank.

Wunderlich Securities, the Memphis-based financial services firm,
hired Jim Parrish as co-president of its private client group at the
company’s headquarters. Parrish previously worked at Morgan Keegan for
23 years, where he held a similar role.

BMO Capital Markets expanded its global fixed income business with new hires in the US and London.

In New York, the investment and corporate banking unit of BMO
Financial named Kathy Evers as managing director and head of municipal
credit analytics, while Roy Hingston was appointed to the Fort
Lauderdale, Florida office as a director and senior balance sheet
strategist.

Also joining the fixed income group are Milton McNichol, as US
government securities sales director in London, and David Blinder, as US
government securities sales director in the Houston, Texas office.

Evers most recently supervised surveillance and risk management of
the US municipal portfolio at the New York branch of Dexia Credit Local,
while Hingston spent 35 years with community-based financial
institutions to develop asset-liability management strategies. McNichol,
who will focus on expanding BMO's distribution with banks, hedge funds,
and central banks across Europe, joins the firm from Arbor Research and
Trading in London. Blinder joins from Cantor Fitzgerald, where he was
director of fixed income sales.

Locust Capital Management, a Pennsylvania-headquartered wealth
management firm,  appointed Henry Miller as a managing director,
responsible for sales, marketing and relationship management.

Miller was latterly president of Miller & Company, an investment
consultancy firm focusing on institutional clients and asset management
firms. His previous career also includes roles at Wachovia Wealth
Management, Neuberger Berman, Mellon Financial, CoreStates Bank, and
Fidelity.

The New York-based regional bank First Niagara Financial Group
appointed Gina DiMonda and Paul Hurley as vice presidents and wealth
advisors for private client services.

Both DiMonda and Hurley joined First Niagara from JP Morgan Chase,
where the pair were vice presidents and senior fiduciary officers.
DiMonda has 20 years of experience in the industry, while Hurley has 26.
Both will be based in Rochester, New York.

BBVA Compass, the Sun Belt-based financial services firm, promoted
Cedric Buchanon to the role of president of the Denver City branch.

Buchanon, who assumes this new post after serving for five years as
senior vice president for commercial banking, will be responsible for
all corporate banking and specialty group activities, while expanding
the company's corporate relationships in the Denver metropolitan market.
In addition, he will also be coordinating closely with BBVA Compass'
retail and wealth management units in both the Denver and Boulder
markets.

BNY Mellon appointed Rumi Masih as senior investment strategist in
the investment strategy and solutions group at its Asset Management
business.

For this New York-based role, Masih reports to Jeff Saef, managing
director and head of the investment strategy and solutions unit. Prior
to the hire, Masih worked at JP Morgan Asset Management, where he served
as managing director and global head of the strategic investment
advisory group. He also previously worked for Goldman Sachs Asset
Management's global investment strategies division.

New York-listed First Republic Bank added Derrick Yee as a
relationship manager at its Palo Alto, California office. He joined from
Bank of America, where he spent 10 years, latterly as a private client
manager.

John Thomas Financial, the US-based broker-dealer and investment
banking firm, appointed Richard Urbealis as president of its affiliate
firm, JTF Private Wealth Management.

Urbealis’ previous experience includes positions such as vice
president at Merrill Lynch, senior vice president at Guardian Life
Insurance Agencies, and business advisor at 1st Global.

The Milwaukee-headquartered wealth management group Baird hired
Steven Stroker, a former complex manager for Morgan Stanley Smith
Barney, as a regional director based at its Chicago office.

Stroker, who has been appointed as a managing director, will oversee
Baird’s wealth management offices in its central region, which includes
Indiana, Michigan, Ohio, and most of Illinois.

At MSSB, Stroker oversaw more than 220 financial advisors in 10
branch offices, managing $17 billion in client assets. His career in the
financial service industry spans nearly 30 years, all with Smith
Barney, where he started as a financial consultant in 1983 and went on
to hold a variety of management roles including regional director of the
firm’s north central region.

The offshore legal, fiduciary and administration services firm
Appleby announced that Bermudian lawyer Sophie Tod joined its Bermuda
private client and trusts team.

Tod joined Appleby as a senior associate in May 2009. She has around
10 years of experience working for law firms in Geneva, the UK and
Bermuda, and has also worked as legal counsel for the Bermuda Monetary
Authority, where she advised on the regulation of the trust, insurance
and investment industries, and assisted in drafting associated
legislation.

First Republic Bank hired Nic Donarski and Chris Rusk to its private
wealth management business, as investment consultants in New York.

Donarski joined as a managing director, while Rusk was appointed vice
president. Both will be based at the Rockefeller Center office. Prior
to joining the company, Donarski was with Banc of America Investment
Services as senior vice president, while Rusk was with Merrill Lynch
Global Wealth Management.

BNY Mellon appointed Arthur Certosimo as chief executive of global markets, in a reshuffle of some senior staff.

Certosimo is presently the CEO of alternative, broker-dealer and
treasury services. On taking up his new role, he takes over from Richard
Mahoney, who is retiring in June. Certosimo reports directly to Gerald
Hassell, the firm's president.

As a result of this move, Brian Ruane, currently the head of
alternative investment services, will become CEO of alternative and
broker-dealer services. Ruane now reports to Karen Peetz, the vice
chairman and CEO of financial markets and treasury services. David
Cruikshank, CEO of treasury services, who presently reports to
Certosino, will now report to Katz.

BNY Mellon appointed Mitchell Harris to the newly-created position of president of the investment management division.

Harris is the interim head of the asset management business and will
continue to lead the fixed income, cash and currency group in addition
to his new role. He also joins the firm's executive committee. Prior to
BNY Mellon, he held chief executive positions at Standish Mellon Asset
Management and Pareto, where he remains the chairman. He has also worked
at Citibank for 14 years, where he managed the private banking business
in Europe.

As president, Harris will be partnering with Larry Hughes, the chief
executive of BNY Mellon Wealth Management, to further the delivery of
asset and wealth management to clients. He reports directly to Curtis
Arledge, the vice chairman of BNY Mellon and CEO of investment
management.

AGF Management, the Canadian investment management firm, appointed
Chris Boyle as senior vice president of its institutional business.

Boyle was latterly an SVP at CI Investments, where he oversaw the
institutional and marketing divisions. Before that, he was vice
president at Fidelity Investments, responsible for alternative
distribution through Canadian banks. At AGF, his focus will be on
expanding the business in the US, Europe, Asia and Canada.

First Republic Bank hired David Bloom as a managing director in San
Francisco. He specializes in lending and deposit services, foreign
exchange, letters of credit, online banking, business escrows,
brokerage, securities custody and cash management.

Before joining First Republic, Bloom was a senior vice president and
regional area manager at the Wells Fargo business banking group in San
Francisco.

Focus Financial Partners, a partnership of independent wealth
management firms, hired Mark Dupont as director, advisor services,
tasked with transitioning breakaway advisors and client assets for the
teams who form independent RIAs, underscoring a key trend.

The transition process will be handled through the Focus Connections
program, a turnkey service that helps establish best-in-class RIA
practices, Focus Financial Partners said in a statement. 

Dupont will also lead the transition of breakaways joining existing
Focus partner firms and affiliates as sub-acquisitions. He reports to
Rich Gill, vice president and head of Focus Connections.

A four-strong advisory team joined Macquarie Private Wealth at its
Calgary office. The Mackie Wealth Group, formerly with Mackie Research
Capital, is composed of Jamie Mackie, Tricia Leadbeater, Rahim Chatur
and Jeffrey Mackie. The team manages almost $700 million in client
assets, a record-size book for Macquarie in Canada.

Over the past month, five brokerage teams joined
Australia-headquartered Macquarie Group's Canadian operations, bringing
with them more than $1 billion in client assets under management.

Texas-based Comerica Incorporated appointed Curtis Farmer as vice
chairman of the retail bank and the wealth and institutional management
units.

Farmer joined Comerica as executive vice president for wealth and
institutional management in 2008 from Wachovia Corporation, where he
served as EVP and wealth management director of the wealth segment.

In his new role, he will be responsible for the entire retail banking
network, which includes 444 banking centers and business banking for
small enterprises. He will also be overseeing the wealth management
division, which covers private banking, Comerica Asset Management,
Comerica Securities, Comerica Insurance, private fiduciary services, and
institutional trust. He reports directly to Ralph Babb, the chairman
and chief executive.

Morgan Stanley Smith Barney hired two teams of financial advisors
from UBS and Bank of America Merrill Lynch with a combined trailing
12-month production of just under $10 million between them.

The four-person UBS team comprises Michael Paesano, Jeffrey Cadan,
Richard Perkins and Matthew Hayford. They joined MSSB’s midtown
Manhattan office and report to branch manager David Turetzky. The team
had a combined trailing revenue of $6.4 million.

Raymond James, the US-based financial advisory firm, bolstered its
Southern California roster with the addition of a three-person team from
Morgan Stanley.

Warren Wilson, John Kwiatkowski, and Valerie D'Addona came together
to build Greenbrier Wealth Management Group under Raymond James'
Westlake Village branch. Greenbrier specializes in providing financial
planning services for individuals, families, and businesses.

The trio is joined by their registered sales associate Paige Pitzer.
Prior to this move, the team managed $415 million in assets under Morgan
Stanley Smith Barney and recorded about $2.3 million in production.

New York-based Signature Bank hired yet another private client
banking team. So far this year, five private client banking teams have
come on board.

Kevin Macpherson was appointed group director and senior vice
president, along with colleagues Tracey Capobianco and Marion Ege, both
of whom were named associate group director and vice president. The team
will be based in Signature’s private client banking office in Woodmere,
Long Island.

Macpherson and his team, who have worked together for 10 years, join
from the HSBC Rockville Centre, Long Island branch. Macpherson has four
decades of banking experience, including 34 years at JP Morgan Chase.

Before HSBC, Capobianco spent 16 years as vice president-branch
manager at JP Morgan Chase in Long Beach, Long Island, and Ege spent
four years as a small business relationship manager at JP Morgan Chase,
in Rockville Centre.

Milwaukee-based Baird Private Wealth Management opened a new office
in the US Bancorp Tower in Portland, Oregon. Financial advisors David
Marshall, director, and Gavin Amato, vice president, joined the firm at
the new office. They are joined by Dan Buxton, registered client
relationship specialist, and Jessica Roggenkamp, registered client
relationship associate.

Prior to joining Baird, Marshall, Amato, Buxton and Roggenkamp worked
at Morgan Stanley Smith Barney and predecessor firms Smith Barney,
Shearson Lehman Brothers and E F Hutton. Amato worked at Smith Barney
and Merrill Lynch, Pierce, Fenner & Smith.

NorthStar Wealth Partners appointed a new director of operations and principal to its management team.

John Leigh, a well-known wealth advisor and academic in Lima, Peru,
joined the West Hartford-based firm after spending the last six years
working for institutions such as The David Rockefeller Center for Latin
American Studies at Harvard University, Reuters, and John Hancock
Financial Network. He also works as a speaker and teacher, specializing
in Latin American Finance.

First National Bank promoted Marga Spangler to vice president, team leader of First National Wealth Advisors.

Spangler brings over 30 years of financial services experience to
this role and was with First National since 2005. She most recently
served as manager of the private banking team in Kansas and will still
hold this post in addition to her new responsibilities. She is tasked to
introduce the company's wealth service model to potential clients in
Kansas City.

Massachusetts Mutual Life Insurance Company – MassMutual – appointed 
Timothy Corbett as chief investment officer, effective 23 May. He
previously was CIO at the Connecticut State Pension Fund.

In his new role, Corbett is responsible for MassMutual's overall
investment strategy, as well as oversight of the company's General
Investment Account. He reports to Roger Crandall, chairman, president
and CEO of MassMutual. He began his professional career at Aetna in
1982, where over a 20-year career he held a number of investment
positions with increasing responsibility, ultimately becoming head of
portfolio management.

From 2002 to 2008, he was head of asset management at the Hartford Investment Management Company.

Asia-Pacific

State
Street Bank & Trust Co hired Seck Wai Kwong, latterly the chief
financial officer of the Singapore Exchange, where he will be replaced
by Muthukrishnan Ramaswami, the co-president, as acting CFO. In his new
role Kwong will be executive vice president and general manager for
global markets & global markets for Asia-Pacific.

Legal & General Investment Management hired Suresh Sadavisan as
head of Asian equities, replacing David Riddle, who retired end-May
2011. Sadavisan was latterly head of emerging markets equities at Old
Mutual Asset Management in Singapore. He is based in London and report
to Ian King, the head of international equities at LGIM.

Julius Baer appointed Mark Matthews as head of investment research in
Singapore. Matthews was latterly Asia strategist for Macquarie and had
worked as chief Asia strategist for Merrill Lynch and at Fox-Pitt Kelton
prior to that.

The Monetary Authority of Singapore appointed Tharman Shanmugaratnam
as its new chairman for the next two years. Shanmugaratnam was
previously the deputy prime minister, minister for finance and minister
for manpower. He replaces emeritus senior minister Goh Chok Tong, who
had held the post since August 2004 and will now function as senior
advisor to the MAS.

Equity Trust appointed Esther Fung as general manager, private
clients, for its Singapore office. She most recently served as senior
vice president of wealth planning at the Hong Kong unit of BNP Paribas
Wealth Management and has also worked for HSBC and The Bank of Nova
Scotia.

StormHarbour made two appointments in Hong Kong: Hong Hoo Moon and
Guohua Ren joined the company as managing director, reporting to Water
Cheung, the principal and chief executive for the Asia-Pacific. Moon was
previously the head of financial institutions group and head of
investment banking at BNP Paribas Securities Korea, while Ren was the
head of capital markets, China global markets, at Standard Chartered
Bank in Hong Kong.

Deutsche Bank appointed Lisa Robins as head of its global transaction
banking business for Asia-Pacific, effective July 2011. Robins was
previously managing director, China executive for treasury and security
services at JP Morgan. She reports directly to Werner Steinmueller, the
head of global transaction banking and member of the group executive
committee and functionally to Boon-Chye Loh, head of the corporate and
investment bank for Asia-Pacific. She will be based in Singapore.

Brown Brothers Harriman hired Scott McLaren as head of relationship
management and sales for Asia. McLaren was latterly at RBC Dexia
Investor Services, where he spent 13 years in various capacities in
Luxembourg, Singapore, and Hong Kong.

Julius Baer’s North Asia chief executive Andrea Benenati will leave
the firm in June to pursue a career as an independent asset manager.
Thomas Meier, CEO of Asia and the Middle East, will become the chief
executive of Julius Baer's Hong Kong branch and CEO of North Asia at the
end of June.

Baring Asset Management named Wilfred Sit as chief investment officer
of Barings Asia; he joined from Mirae Asset Global Investments, where
he served as head of Asia-Pacific investment strategy and regional chief
investment officer for the Asia-Pacific before he became the head of
emerging markets investment strategy. In his new role, he will be based
in Hong Kong and will lead the state's equity team. He reports directly
to Tim Scholedield, the head of equities for Barings.

Veritas Asset Management appointed Lucy Colback, most recently a
managing director at Horizon Asset, as fund manager and investment
analyst to work across the group’s Asian strategies. Based in London,
she will report to Ezra Sun, leads the group’s three Asian products.

Barclays Wealth appointed Carole Cheung as managing director and
senior client partner based in Hong Kong. She was latterly managing
director, relationship management for mega-wealth Asia at HSBC. She
reports directly to Pakorn Boonyakurkul, the head of North Asia.

Fidelity International hired ex-Barclays Global Investors Asia
manager Mark Talbot to lead its retail, wholesale, and institutional
businesses in Greater China, South Korea, and Singapore. Based in Hong
Kong as managing director for Asia ex-Japan, he officially begins on 27
June and will report to Arne Lindman, the Asia-Pacific CEO for Fidelity
International. Apart from this role, Talbot will also lead sales and
marketing functions for Asia.

Manulife Singapore made several key appointments in Singapore. Clive
Anderson, previously vice president and chief counsel at Manulife
Financial, Canada, joined the legal and compliance division as senior
vice president and chief counsel. Alongside his new role he also holds a
regional appointment, providing oversight to the legal and compliance
teams in Indonesia and Malaysia. Chris Jackson joined the strategic
initiatives office as senior vice president and office chief. KK Loo
joined another new unit, the accident and health business, senior vice
president and office chief.

Threadneedle added three senior sales directors to its wholesale
markets division in Asia. Gerard Clancy, Richmond Herrera, and Kent Ng
joined the company to work with financial institutions and global
private banks in the region. Clancy, latterly director of sales at
BlackRock, was named sales director, wholesale distribution for
Asia-Pacific; Herrera, latterly at Standard Chartered Bank’s offshore
private banking business in the Philippines, as sales director,
wholesale distribution for South East Asia; Ng, formerly market manager
for Hong Kong at Merrill Lynch Global Wealth Management, was named sales
director, wholesale distribution for Hong Kong and China.

BNP Paribas Securities Services appointed Sam Shi as sales director,
Greater China for asset owners and asset managers, a newly-created role
based in Hong Kong. Prior to this position, Shi was a sales and
relationship manager at Brown Brothers Harriman in Boston and Hong Kong,
where he worked for the last seven years.

Hamilton Lane relocated its Asia and Europe managing director to Hong
Kong to better oversee its operations in the region. Juan
Delgado-Moreira continues to supervise the London-based team of
investment professional from Hong Kong.

Genworth Financial appointed banking and securitisation veteran Tony
Gill as independent director of its board in Australia. Gill replaces
Grant Robinson, who left to pursue other commitments after serving on
the board for four years. Gill was most recently as group head of
banking and securitisation at the Macquarie Group.

JP Morgan Treasury & Securities Services hired added to its
direct custody and clearing capabilities in Melbourne and New Zealand.
Bronwyn Clere joined the company as head of Melbourne and New Zealand;
she was latterly in Hong Kong, where she led the programme management
function for a major financial firm that services 15 Asia-Pacific
markets.

Wayne Francis joined as head of direct custody and clearing in
Australia and New Zealand, and Ben Vanden Boom joined as head of WSS
operations for Melbourne and New Zealand. Francis and Vanden Boom have
been part of JP Morgan since January 2011.

 

 

 

 

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