The final month of 2016 produced a fair crop of moves and hires in the Asia-Pacific wealth industry.

Chapman Eastway, the family and business advisory firm in Australia, named Clyde McConaghy as its chairman, bringing more than 30 years of business experience and family office expertise to the role. He is the first board chairman in the firm’s 119-year history. McConaghy serves as an international company director and advisor to publicly-listed and private companies, as well as family offices, foundations and not-for-profit entities. His career encompasses technology, publishing, venture capital, wealth management and online sectors, having lived in the UK, Germany, China and Australia. 

AxiomSL, which provides regulatory reporting, data and risk management solutions worldwide, appointed Olivier Kamoun as the company’s global chief product officer, a newly-created role. For the past five years, Kamoun led development of AxiomSL’s presence in the Asia-Pacific region, taking the operation from the status of a start-up to a business operating in a number of countries.

First Names Group promoted Karen O’Hanlon, previously a director, to managing director of its Singapore business. O’Hanlon has been with the business for nearly two years after joining from Asiaciti Trust where she was director of client services. 

The head of investment advisory for Southeast Asia at Standard Chartered Private Bank left the UK-listed lender. Mario Becker, holding the title of managing director, was at Standard Chartered for seven years and was based in Singapore, overseeing wealth of ultra-high net worth clients. He was previously at Deutsche Bank's wealth management division.

Vinay Gandhi, regional market manager for India, Indochina, Philippines and the global investors business, resigned from UBS’s wealth business after having been appointed to the role at the start of 2015. The Swiss bank’s former country team head for India international and deputy regional market manager took over at the start of 2015 from Andi Reber to hold the post.

UBS also made a number of changes to its organisational structure in the Southeast Asia wealth management business, taking effect from the start of this year. Jeremy McAteer as (market head for Philippines), Tian Ong Foo (market head of Thailand), Henk DeGlint (market head for Malaysia), and Eddie Gan (market head of Singapore) report to August Hatecke, who is head of wealth management for Southeast Asia. Philip Kunz continues as market head of Indonesia, while jointly taking on an additional responsibility supporting strategic transformation projects in Southeast Asia. Markus Vollenweider, of international markets Asia-Pacific, also reports locally to Hatecke.

Australia and New Zealand Banking Group’s non-executive director, Ian Macfarland, retired after serving 10 years in the position. Macfarland first joined the board in February 2007 and retired at the conclusion of the 2016 general meeting.

ANZ also appointed Colin Neave as its customer fairness director, a new role to ensure the lender’s products for retail, small firms and wealth clients are handled more sensitively, including issues around fees and protection of vulnerable individuals. Neave reports to Shayne Elliott, ANZ’s chief executive. Neave is based in Melbourne. As part of the appointment, Neave left his role as Commonwealth Ombudsman. Neave is a former chief ombudsman of the Financial Ombudsman Service, the Australian Banking Industry Ombudsman, and holder of other similar positions.

ANZ appointed Katharine Tapley as head of sustainable finance solutions, based in Sydney. Tapley, who joined ANZ in 2001, was a senior member of the sustainable finance solutions team since its formation in 2014, serving as acting head since June 2016. She is also a board member of the Carbon Market Institute and advisory panel member for the Australia-Indonesia Centre's urban water cluster research project.

Citigroup appointed one of its most senior managers, Kevin Lam, as Asia-Pacific business development head between the US lender’s private bank and its corporate and investment bank, in addition to his existing role as COO of Hong Kong corporate and investment banking. He reports to Mark Slaughter, head of corporate and investment banking Asia-Pacific, and Bassam Salem, the private bank’s CEO for Asia-Pacific. Lam joined Citigroup in 2001, working in Hong Kong and New York in various roles in corporate and investment banking, treasury and trade solutions and the private bank. 

ICBC Standard Bank appointed Adam Sticpewich, previously of Deutsche Bank, to the newly-created role of head of risk for fixed income, currencies, and equities. Sticpewich most recently worked as a managing director at Deutsche Bank in London. He is based in London; he reports to Guido Haller, head of financial markets, and will oversee all aspects of risk management relating to the FICE business.

Aberdeen Asset Management recruited John Campbell as global head of strategic clients and Jeff Klepacki as head of distribution for the Americas, while Antony John and Richard Pursglove joined on a consultancy basis. Campbell was previously business head of global services, UK, Middle East and Africa at State Street. Klepacki was previously a director at Capital Group, while John formerly served as chief executive of BNP Paribas Investment Partners/FundQuest. Pursglove has served as head of retail at Artemis Investment Management among other senior distribution roles.

Campbell spent 16 years in various roles at State Street and was also chairman of Scottish Financial Enterprise, the representative body for Scotland's financial services industry. His new role focuses on Aberdeen’s largest clients. Klepacki has a 23-year leadership background in financial services including his work at Capital Group, as well as Delaware Investments and Allianz Global Investors. In his new role, he reports to Bev Hendry, ‎co-head of the Americas, and Campbell Fleming, global head of distribution. He leads Aberdeen’s distribution efforts in the Americas, where the group already manages $65 billion in assets.

Value Partners Group appointed Dr Au King Lun, previously chief executive of Eastspring Investments, as CEO. Lun joined Eastspring in December 2015 after five years as CEO of BOCHK Asset Management. He has nearly 30 years of experience in asset management, and is a member of the Financial Services Development Council in Hong Kong. In his new role he reports to the chairman, Dato’ Seri Cheah Cheng Hye, who looks after overall investment management, business strategy and key appointments. 

International law firm Herbert Smith Freehills appointed partner Richard Norridge to the role of head of trust and estates disputes. Norridge is particularly well known in Asian markets, having been based in Hong Kong since 2011. He provides trusts advisory expertise as well as specialist knowledge in the areas of family companies, charities and mental capacity. In his new role he is based in the firm’s London office, but divides his time between Hong Kong and London and continues to be active on Hong Kong cases.

The Private Wealth Management Association, which represents Hong Kong-based firms, appointed Peter Stein as its managing director. He took over from Joanne Leung, who retired. Stein has more than 20 years of experience. He joins from UBS, where he was head of regulatory advisory and relations. Prior to this, he was a senior editor in Hong Kong with the Wall Street Journal, working in both Mandarin and Cantonese.

DTZ/Cushman & Wakefield, the international commercial real estate services firm, appointed Reed Hatcher as head of research for Hong Kong. He will be relocating to Hong Kong to formally take on the role in early January 2017. The role is a newly-created one. Hatcher has 15 years' experience in the real estate industry in Asia. Most recently, he was with CBRE in Shanghai. There, he served in a number of senior consulting roles over a period of 10 years. Latterly, he was senior director of occupier consulting, China, and senior advisor to APAC consulting. Prior to that, Reed was a member of the research team at legacy firm DTZ in Shanghai.

Deutsche Bank's wealth management arm appointed Terry Tung as a managing director, a newly-created role. Previously, Tung worked as an executive director at UBS in the ultra-high net worth China team, and has spent some time with HSBC Private Bank's China team. He started his career in private banking in 2004 with Credit Suisse. In his new role, Tung heads up a team responsible for providing wealth management client coverage in the Greater China region.

Standard Chartered hired Chris Allen, a top regulatory lawyer from Barclays, as its new general counsel for clients and products, with responsibilities encompassing private banking. He is based in Singapore. Allen oversees legal issues across the bank’s main business units, including private banking, investment banking, wealth management and retail banking. In his new role, he reports to David Fein, group general counsel. 

EFG Singapore, which recently completed its acquisition of BSI, recruited Lee Chang Tze as deputy chief executive and co-head of the private bank. He replaced the head of private banking. Chang Tze was previously ABN AMRO’s head of private banking for Southeast Asia and was also its location head for Singapore, where he supervised the products and solutions team and shared responsibilities for credit risk management, compliance and human resources.

Deutsche Bank internally promoted Kansas Chan to head of wealth management for North Asia. 

Lok Yim, who previously held the position, was appointed head of Asia-Pacific operations in October. Yim succeeded Ravi Raju, who left the Frankfurt-headquartered firm to join UBS. Chan has more than 20 years of industry experience, including a five-year stint with Citibank and seven years at DBS.

Alvarez & Marsal, a global professional services firm, made three senior hires in Asia and opened an office in Singapore. The hires are State Shi in China, Myung Chul Kim in Korea and Paul Forgue in Hong Kong.

Australia’s AMP made a sweeping set of senior management changes. The following people left the firm: Pauline Blight-Johnston, group executive, insurance, super and risk management; Rob Caprioli, group executive, advice and banking; and Wendy Thorpe, group executive operations. Thorpe had previously stated she intended to retire and leaves in early 2017. Thorpe joined the board of AMP Bank as a non-executive director. As part of the changes, Paul Sainsbury leads a new division putting customer, wealth management and product solutions under one roof. Jack Regan, MD, New Zealand, leads an expanded field, taking responsibility for the firm’s advice business while keeping his existing role.