Here is a summary of moves in the global wealth management industry during June, 2015.

Switzerland
EFG International nominated Dr Susanne Brandenberger, a risk management practitioner who has previously worked at Vontobel, another Swiss private bank, to be a member of its board of directors.

Mirabaud Asset Management hired Deutsche's Paul Schibli as a senior portfolio manager within its Swiss equities team. Schibli joined from Deutsche Asset & Wealth Management, where he ran the Swiss equities team, with responsibility for a small and mid-cap fund. He is based in Zurich.

The Association of Swiss Private Banks appointed Jan Langlo, a prominent lawyer in the Alpine state, as its new director. He took the helm from Michel Dérobert, who retires at the end of this year after 25 years working on behalf of the sector.

Langlo is a certified tax expert, starting his legal career with Lenz & Staehelin and later working at Oberson & Associés, before joining Pictet Group in 2007 as fiscal and legal counsel. In the latter role, he began to collaborate regularly with the ASPB as an expert. He joined the ASPB in January 2014 as deputy director. Since then, he has focused on defending the interests of banks specialising in wealth management. Dérobert’s involvement with representing the sector began as a delegate of the Groupement des Banquiers Privés Genevois, which later evolved into the ASPB.

Vontobel Asset Management hired Goldman Sachs' Ludovic Colin as portfolio manager and foreign exchange and interest rates macro specialist within its fixed income team. Colin assumeed the newly-created role from his position as cross-asset macro specialist at Goldman Sachs, London. He previously worked as a foreign exchange macro portfolio manager at Credit Agricole Asset Management, now Amundi.

Julius Baer promoted Guido Ruoss to head of human resources. Ruoss, formerly head of business and product management at Julius Baer’s investment solutions group, took on his new role in August. Based in Zurich, he replaced Stefan Hux, who now runs the group’s strategic hiring activities globally.

Former senior Credit Suisse manager Karsten Le Blanc rejoined the Swiss bank as head of its London-based ultra high net worth team for the Northern and Eastern Europe market area. Le Blanc reports directly to Babak Dastmaltschi and with a local reporting line to Philip Harris. In his new role, he succeeded Andy Wigman, who led the team on an interim basis.

The move means Le Blanc rejoins Switzerland’s second-largest bank from Deutsche Bank, where he worked in the EMEA key client partners business.

SYZ Group appointed Katia Coudray as chief executive of its institutional investment arm at SYZ Asset Management. Coudray is also a member of the group’s executive committee. After joining SYZ in 2011 as head of product development, Coudray was subsequently head of investment at SYZ Asset Management. In addition, Florent Guy-Ducrot joined SYZ Asset Management as head of business development, replacing Xavier Guillon. Before joining SYZ, Coudray worked for ten years at Union Bancaire Privée in Geneva.

Union Bancaire Privée rehired Mathieu Nègre as head of emerging market equities. Nègre was previously an emerging European equities fund manager at UBP before moving on to Aviva Global Investors in 2011. He most recently served as a global emerging markets portfolio manager at RBC Global Asset Management.

Unigestion appointed Luca Simoncelli and Florian Ielpo to its cross asset solutions business. He joined the London team from BlackRock, where he was director and portfolio manager within its multi-asset diversified strategies team. Before this, he was portfolio manager at Merrill Lynch Investment Managers.

In Geneva, Ielpo was appointed head of macroeconomic research in the cross asset solutions team. He joined from Lombard Odier Investment Managers, where he was responsible for fundamentals modelling and designing improvements to the investment processes of fixed income strategies.

Elsewhere, Olivier Blin, currently investment manager in the Geneva-based cross asset solutions team, will relocate to London to help meet growing UK demand for risk-based investment solutions, the firm said.

EFG International appointed a new head of private banking in Geneva. It recruited Philippe Bruyère to the post; he reports to Adrian Kyriazi, chief executive for continental Europe and head of private banking, Switzerland. Bruyère replaced Jean-Louis Platteau, who now works on the development of his own portfolio of clients as well as overseeing the independent asset managers segment. Bruyère was formerly at Credit Suisse, where since 2010 he was market group head for Russia, Central Asia, Eastern Europe, Israel and Greece, based in Geneva.

Europe
Deutsche Bank continued a dramatic round of executive changes by appointing a new chief executive, John Cryan, to take over the role jointly held by Anshu Jain and Jürgen Fitschen. The announcement came only a few days after management changes concerning Jain's role at the bank.

Cryan, 54, will take the post of co-CEO and take up the post of sole CEO next year. Cryan has been a member of Deutsche’s supervisory board since 2013 and has been chairman of its audit committee and a member of its risk committee. Cryan had been president for Europe at Temasek, the Singaporean investment company, from 2012 to 2014. Previously, he was chief financial officer of UBS from 2008 to 2011 and worked in corporate finance and client advisory roles at UBS and SG Warburg since 1987.

The appointment came after Jürgen Fitschen and Anshu Jain, co-chief executive officers, decided to step down from their roles.

Societe Generale Private Banking Suisse appointed former Deutsche Bank senior figure André Mankowsky as head of its Russia and Commonwealth of Independent States desk in Zurich. He filled a position vacated by Avy Burstin, who held it since 2010 but decided to leave the company earlier this year.

At Deutsche Bank, Mankowsky was managing director, market head for Russia and Eastern Europe. In his new role, he reports to Julien Duniague, head of commercial and marketing at SGPB Suisse. He is responsible for continuing to strengthen the firm’s existing relationship with Russian and CIS clients based both in Switzerland and abroad.

Germany-headquartered private and merchant banking firm Berenberg appointed Dr Manfred Schlumberger as chief investment officer, taking effect from the start of next year; he replaces Stefan Keitel, who joined the bank about two years ago and who leaves at the end of this year, becoming a board member of DekaBank. Dr Schlumberger has been a managing director of BHF Trust Management Gesellschaft für Vermögensverwaltung mbH since 2001 with overall responsibility for conventional and individual asset management services.

Berenberg’s European equity research team welcomed Simon Toennessen, a capital goods analyst from Credit Suisse; Alessandro Abate, metals analyst from JP Morgan; and Charlotte Keyworth, an aerospace and defence specialist from Canaccord Genuity.

EFAMA, the European Fund and Asset Management Association, elected Alexander Schindler as its president for a two-year term that expires in June 2017. It also elected William Nott, chief executive of M&G Securities, as its vice president for the same duration. Schindler, who served as VP of the association from June 2013, succeeded Christian Dargnat, who has been president since 2013. Schindler was elected as a member of EFAMA’s board of directors in May 2012 and as a member of the management committee of the board of directors of EFAMA in June 2012.

Amundi appointed Société Générale's Vincent Mortier as deputy chief investment officer. Mortier joined from his position as chief financial officer at Société Générale's global banking and investor solutions division, where he sits on the executive committee. He previously served as CFO and co-head of equity finance at Société Générale corporate and investment banking.

The Association of the Luxembourg Fund Industry named Denise Voss as its new chairman. She succeeded Marc Saluzzi; her role lasts for two years. Voss has held a prominent role at the association for several years; she has been vice chairman for international affairs of ALFI from 2011 and has been a member of the ALFI board of directors since 2007. Voss is also chairman of the European Fund and Asset Management Association (EFAMA) investor education working group. Voss is conducting officer of Franklin Templeton Investments and has worked in the financial industry in Luxembourg since 1990. She joined Franklin Templeton Investments in 1995.

Carne Group, a provider of governance solutions for the asset management industry, appointed Steve Bernat as chief executive of its Luxembourg business. He came from Luxembourg-based Lemanik Asset Management, where he was a member of the firm's executive committee, responsible for business development, marketing and distribution services.

UK

Julius Baer International, the UK part of Swiss-listed Julius Baer, named Sir Hector Sants, former chief executive of the UK’s Financial Services Authority - the former financial regulatory body – as chairman. Sir Hector succeeded Gian Rossi, head Northern, Central and Eastern Europe and member of the executive board of Bank Julius Baer & Co, who will step down as chairman after nine years but will remain actively involved with the firm’s business in the UK. CEO of the FSA from 2007 to 2012, Sir Hector had a spell at Barclays as its compliance chief before leaving in 2013 for health reasons.

Walker Crips appointed Tony Manning as an investment manager. Manning joined from JM Finn, where he served as an investment manager from 2009. Before this, he spent 27 years at Barclays.

Asset Risk Consultants, the private client investment consulting firm, appointed Grant Wilson as chief investment officer, a newly created role. Wilson previously worked at IAM Advisory. He has more than 30 years’ experience in the investment management arena, including spells at Martin Currie Investment Management and Gartmore Investment Trust Management.

AXA Investment Managers unveiled a raft of changes to its emerging markets fixed income team and has merged its debt teams in Paris and London with the Asian team based in Hong Kong. This created a single group of six portfolio managers, two credit analysts and a research assistant. Meanwhile, Damien Buchet, head of emerging markets fixed income, decided to leave AXA IM in order to pursue a new opportunity.

The firm appointed Sailesh Lad and Olga Fedotova to the London-based group. Lad was named a senior portfolio manager within AXA IM’s GEM fixed income team. He previously worked at Ignis Asset Management. Fedotova was appointed head of emerging market credit and joins AXA IM in August. She previously worked at UniCredit.

As a result of Buchet’s departure, Lad took over as lead portfolio manager on AWF Emerging Market Short Duration and AWF Global Emerging Market Bonds, working with Buchet until his departure in September.

Heartwood Investment Management appointed Marian Black as head of investment marketing. She reports to the head of investment product, Matt Hollier.

In this newly-created role, Black is responsible for the ongoing development and communication of Heartwood’s investment proposition to private clients, IFAs and financial planners, charities, professional advisors and pension funds. Black joined from Baring Asset Management, where she was head of EMEA wholesale and institutional marketing.

LJ Group, the London-based multi-family office, appointed two new managing directors responsible for trust and fiduciary services in Switzerland and the Isle of Man.

Vincent McCartney, who took over the managing directorship of the group’s Swiss office, previously occupied roles as head of finance and planning and financial controller. He has previously worked with Charterhouse Group, Chesterfield, and Barclays Private Bank in London, the Isle of Man and Europe. Robert Burton, the new managing director for LJ Group in the Isle of Man, has over 26 years of finance experience, of which the last 16 have been spent in a fiduciary services environment.

Barwood Capital, a UK real estate asset and investment manager, appointed Andrew Barlow as director. Barlow most recently worked at MEPC, where he led the in-house strategy, asset management and development of large mixed-use business parks.

Artemis appointed Standard Life Investments' Ed Legget to its UK equity team. Legget joined the UK investment manager later this year after a 13-year spell at Standard Life Investments, where he managed the £1.3 billion ($2.05 billion) UK Equity Unconstrained Fund. Based in Edinburgh, he replaced Tim Steer, who manages the £737 million Artemis UK Growth Fund and retires at the end of this year.

Charles Stanley Direct's head of investment research, Ben Yearsley, left after almost three years at the firm. Before Yearsley joined Charles Stanley in 2012, he spent almost 15 years at Hargreaves Lansdown, where he served as an investment manager.

Tilney for Intermediaries, the UK-based discretionary investment manager, appointed John Alexander as business development director. Alexander joined from Momentum Global Investment Management, where he was business development manager from 2013. He previously spent eight years at Miton Group, where he was head of sales for Northern England, Scotland and Northern Ireland. He is based in Liverpool and reports to the head of Tilney for Intermediaries, Miles Robinson.

Investec Wealth & Investment appointed Leigh Yeaman as an investment director to help propel its growth in the Northern Irish wealth management space. Yeaman previously served as senior investment manager at Quilter Cheviot, where she looked after discretionary funds on behalf of private clients, pensions, charities, trusts and companies.

Standard Life appointed the chief executive of its Standard Life Investments business, Keith Skeoch, to succeed David Nish as chief executive. Nish left firm after six years at the top.

Brooks Macdonald hired Brewin Dolphin's Ghislaine Perry as its new head of marketing. Perry joined after seven years with Brewin Dolphin, where she was most recently divisional director of marketing.

Lazard Asset Management hired Léopold Arminjona to run a new European long/short equity strategy. Based in London, Arminjona joined the firm as a portfolio manager and analyst. He was previously lead portfolio manager at Henderson Global Investors for the Henderson Horizon Pan-European Alpha Fund and the Alphagen Tucana Fund. Before this, he served as a senior analyst at Gartmore.

Barclays Wealth and Investment Management hired Mike Fullalove from Alliance Bernstein as head of fund products within its London-based global investments and solutions team. Fullalove joined from his position as head of product development for EMEA at Alliance Bernstein. He formerly worked at Nomura as the global head of equity derivatives before spending eight years at Merrill Lynch.

Misys, the UK-headquartered financial software company, appointed a new president and chief sales officer, Simon Paris. Paris previously worked at SAP where he held a number of senior sales and leadership positions, including being the global head of financial services, and more recently head of “industry cloud”.

Sanlam Private Wealth appointed Rob McDonnell as head of business development. McDonnell joined from Distribution Technology, where he was sales and marketing director.

Macquarie Investment Management, part of the investment management arm of Australia-headquartered Macquarie, appointed Austin McBride as head of UK wholesale, based in London. McBride was previously at Ignis Asset Management, where he was most recently head of UK wholesale.

Barclays Wealth and Investment Management appointed Citi Private Bank's global chief operating officer, Dena Brumpton, to lead its UK private bank. Brumpton became head of UK private bank after a 30-year career at Citigroup. Before leading global operations at Citi Private Bank, she served as head of strategy and chief of staff for Citi's corporate and investment bank.

IAM Advisory, which has offices in London, Guernsey and Jersey, welcomed David Smith back as chief investment officer and chairman of the investment committee. Smith, who was most recently a senior investment manager at Brooks Macdonald International in Guernsey, formerly served as IAM Advisory's chief investment officer from 2002 to 2008. He brings 27 years' experience in investment management and is a former member of the London Stock Exchange.

AXA Investment Managers appointed Ian Smith and Paul Birchenough to its London-based core emerging markets portfolio management team as Julian Thompson stepped down from his lead role on the AXA Framlington Emerging Markets Fund. Smith and Birchenough now co-manage the AXA Framlington Emerging Markets Fund, previously managed by Thompson. Smith joined the investment manager in 2012 from Matrix Group, where he was an investment analyst, covering the financials sector in Asia. Birchenough joined in 2011 from Nevsky Capital, where he was an investment analyst specialising in Latin America.

Rothschild appointed Helen Watson to take the helm at its UK wealth management business following the recent death of the division's former chief executive Mark Kary. Watson joined Rothschild five years ago, having previously worked within Morgan Stanley’s UK private wealth management business for almost twenty years in roles including private client portfolio manager and senior client advisor.

The Financial Conduct Authority's ex-director of supervision, Clive Adamson, joined the board of JP Morgan's private banking arm. Adamson left the UK financial watchdog late last year, where he supervised retail and wholesale conduct of regulated firms and served as an executive director of the board.

The former chief of staff to UK Chancellor George Osborne and architect of the recent pension reforms, Rupert Harrison, joined BlackRock to help drive its retirement offering. Harrison played an instrumental role in the British pensions reform, namely last year's deregulation of the pensions industry, which removed the need to buy annuities.

Smith & Williamson hired Coutts' Felicity Selcoe as an assistant investment manager. Selcoe, who has worked within Coutts' wealth management team for the past four years, joined the firm's investment management division.

Russell Investments welcomed back Van Luu as head of currency and fixed income strategy in London. Luu previously spent three years as a senior analyst in Russell Investments' global strategy team before joining Norges Bank Investment Management, where he served as a senior analyst for investment policy and allocation strategies.

JO Hambro Capital Management hired Michael Ulrich, of F&C Asset Management, as a manager on its £1.6 billion ($2.5 billion) JOHCM UK Opportunities Fund. Ulrich joined after a decade with F&C Asset Management, where he served as lead manager on the F&C UK Mid Cap Fund. Before F&C, he worked as a UK equity analyst at Deutsche Asset Management.

Aberdeen Asset Management's head of acquisitions, Hugh Little, retired after almost 30 years with the firm. Little joined the investment manager from the corporate finance division of Ernst and Young in 1987.

Rothschild appointed Credit Suisse's Peter Hindle to lead its new wealth management team in Manchester, UK. Hindle joined after eight years with Credit Suisse in Manchester, where he was vice president.

Morningstar promoted Dan Kemp, Daniel Needham and Robin Johnson to leadership roles within its investment management group for the Europe, Middle East and Africa region. Kemp was appointed as the group's chief investment officer for the EMEA region, replacing Needham, who became president and chief investment officer for the group in January.

Tilney Bestinvest, the UK investment and financial planning group, appointed Stuart Layzell in its newly-created role of chief financial officer. The firm created the role to fit with the increased scale of the business. Layzell brings varied experience across senior management, M&A and private equity roles in both the UK and US.

Waverton Investment Management appointed Charles Stanley's William Tong as business development manager for its managed funds service team. At Charles Stanley, Tong was responsible for intermediary sales across London. He previously worked at Towry Law, within both its private client and change teams.

Legal & General Investment Management promoted Omar Saeed to the role of lead manager of the L&G Dynamic Bond Trust. Saeed joined the firm in February as senior portfolio manager within the 70-person strong global fixed income team, which manages £120 billion ($183 billion) of fixed income mandates. He previously managed $1.5 billion in high-yield funds at Swisscanto Asset Management.

Saeed took over from senior fixed income fund manager Martin Reeves, who had run the fund. Reeves retained his role as lead manager of the L&G High Income Trust, while continuing to provide support on the Dynamic Bond Trust.

The UK's Financial Conduct Authority hired Mark Steward as its new director of enforcement and market oversight and Barbara Frohn as director of risk and compliance oversight. Steward took on the new role from his position as head of enforcement at the Hong Kong Securities and Futures Commission, while Frohn is currently managing director at Banco Santander.

Investment and wealth manager Walker Crips appointed Alison Pickup as senior investment portfolio manager in York. Pickup previously served as divisional director at Brewin Dolphin for almost eight years. Before this, she was associate director at Gerrard/Barclays Wealth.

Coutts & Co, the UK private bank, appointed the former chief executive of St James’s Place and Virgin Direct, Mark Lund, as a non-executive director. Lund is the vice chairman at British Ski and Snowboard, the national governing body for snow sports athletes, and a non-executive director of Skipton Building Society’s financial advice business and of My CSP.  He is also chairman of Equiniti’s regulated financial services businesses.

Ashurst, an international law firm based in London, appointed Lisa Worley as chief marketing officer. Worley previously worked at Barclays. Most recently holding the role of managing director, customer engagement for director investments, Worley also held the role of MD in charge of marketing communications for Barclays Wealth and Investment Management.

Mattioli Woods, the UK wealth manager and employee benefits business, appointed Joanne Lake as deputy chairman of its board of directors. Lake, who has served as Mattioli Woods' independent non-executive director and audit committee chairman since July 2012, took on the role as an interim step to her proposed appointment as non-executive chairman at the company's annual general meeting in October 2016.

UK-based investment house Jupiter hired Columbia Threadneedle's Nick Ring as its new global head of distribution. He took the role formerly held by Simon Hynes, who left last July after a 12-year career at Jupiter.

Old Mutual Wealth appointed Jane Goodland as head of responsible business. Goodland took on the newly-created role after eight years of leading Towers Watson's responsible investment capability.

Carne Group, a provider of governance solutions for the asset management industry, appointed Steve Bernat as chief executive of its Luxembourg business. Bernat joined from Luxembourg-based Lemanik Asset Management, where he was a member of the firm's executive committee, responsible for business development, marketing and distribution services.

Investec Asset Management appointed Schroder Investment Management's Justin Simler as investment director in London. The role is a newly-created one. Simler joined the multi-asset investment team following ten years at Schroder Investment Management, where he was most recently global head of product management for multi-asset.

Towry, the UK-based wealth manager, appointed Barclays' Michael Martin as a wealth advisor in London. Martin joined from Barclays Wealth & Investment Management, where he served as a vice president in the firm's wealth advisory unit since 2010. Before this, he worked at RBS and Sedgwick Independent Financial Services.

Berkeley Law, the London-based private wealth law firm, appointed Taylor Wessing's Tom Gauterin as senior associate in its international tax and structuring team. Gauterin previously worked as a senior associate in Taylor Wessing’s private client department, where he advised on a range of trust and estate matters. He also specialises in tax planning advice, mostly for clients with international affairs, and covers charity law matters.

M&G Investments, the UK-headquartered firm with £269 billion ($410 billion) of assets, made a number of changes to its equities team, affecting the management of European, Asian and other portfolios. In its Japan equities segment, management of the M&G Japan and the M&G Japan Smaller Companies funds return from Eastspring Investments to M&G on 1 September 2015. This follows consultation with Eastspring, the Asian asset management business of Prudential.

Johan Du Preez joined from Eastspring Investments, where he was part of a team that has been running Japan equities mandates for over a decade. At the UK equities operation, Louise Nash, manager of the M&G Smaller Companies Fund, left to move to Austria for family reasons. She was replaced by Garfield Kiff, who has been with M&G for 15 years. In the European sector, Mike Oliveros became co-manager of the M&G European Smaller Companies Fund.

Old Mutual Wealth added Andrew Miller to the role of investment specialist. He joins from Architas. Miller works with advisors to help them better understand the firm's investment solutions, including its WealthSelect range of researched funds, through a series of workshops, events, seminars and visits.

Hargreave Hale, the UK-based investment manager, has hired James Holroyd as investment manager within its Worcester office.

Holroyd joins from EFG Harris Allday, where he was investment director. In the newly-created role, he will manage the firm's portfolio mandates for private clients, charities, trusts and pension funds.

Thomas Miller Investment appointed Towry's Matt Swatton to head up its new branch in Birmingham. Swatton was director of wealth management and financial planning at Towry. Before that, he was a financial advisor at Edward Jones.

Tilney Bestinvest, the UK-based investment and financial planning group, appointed the Financial Services Authority's former chief executive, John Tiner, to its board. Tiner, who also served as chief executive of Resolution Group, joined the firm as a non-executive director. He is also a non-executive director of Credit Suisse Group, a member of the advisory board of Corsair Capital and, as of last month, chairman of Towergate Insurance.

The Tax Incentivised Savings Association appointed Adrian Boulding as policy strategy director and Adam Hodgkins as head of engagement following a three month strategic review by its director general, David Dalton-Brown. Boulding joined from Legal and General, where he is currently pensions strategy director.

GAM appointed Henderson Group's Richard McNamara as its new group chief financial officer. McNamara, who joined from his position as managing director of finance at Henderson Group, replaced Marco Suter, who stepped down after more than two years in the role.

Alpha Portfolio Management appointed WH Ireland's Tony Mann as head of relationship management as part of its drive to expand its private client offering.

Asia-Pacific

The private banking head for Southeast Asia at Australia and New Zealand Banking Group left ANZ, this publication exclusively reported.

Kevin Ong, head of the private bank for Southeast Asia, left the banking industry and ANZ. Amresh Acharya took over as acting head of the private bank, Southeast Asia; a permanent replacement is being sought.

ANZ also secured a full banking licence in Thailand, adding to a presence in the Greater Mekong region that already includes operations in Vietnam, Cambodia, Myanmar and Laos. Panadda Manoleehakul was appointed chief executive of ANZ Thai. Manoleehakul has more than 25 years' corporate and institutional banking experience and was previously CEO for ANZ Philippines. Prior to joining ANZ in 2008, she held senior banking roles across Asia with HSBC, JP Morgan Chase, Chase Manhattan Bank and Standard Chartered Bank.

ANZ appointed one of its senior economists as co-head of Australian economics, reporting to the bank’s chief economist, Warren Hogan. Cherelle Murphy has worked at ANZ for the last decade. She now works alongside fellow co-head of Australian economics Felicity Emmett to lead the bank’s analysis of the Australian economy and policy issues affecting the outlook.

ANZ appointed Mark Hand as managing director for its corporate and commercial banking business arm in Australia. Hand was previously MD for retail distribution in the country. He reports to Australia CEO Mark Whelan, who was promoted to his current post in February.

Citigroup named Christine Lam as its new head of operations and technology for the Asia-Pacific region, and at the same time appointed Angel Ng to the position of Citibank business manager for Hong Kong, taking over from Lam. Both of the appointees have worked for the US-listed banking giant in various roles. Since joining Citi, Lam has held several management positions in retail banking, operations and technology, transaction services, corporate and investment banking in both Hong Kong and in a regional capacity. Ng first joined Citibank in 1998 and has held roles including those of director of marketing for banking and Diners Club Card, director of wealth management, and director of its cards business. She rejoined Citibank in August 2014 as head of retail banking and before that she held a number of senior roles in brand management at Procter & Gamble and CLP Power Hong Kong.

Executive search firm Sheffield Haworth added a legal practice desk with the hire of Sarah Leighton in Singapore. Leighton, who joins from Charterhouse, works alongside the firm's wealth team, while liaising with its global corporate officers’ practice.

Citi appointed Anand Selvakesari as head of consumer banking for Asia-Pacific, a role covering the wealth management sector (excluding the private bank, which caters to ultra high net worth clients). During his 23-year Citi career, Selvakesari led Citi’s consumer bank in China and India and was most recently Southeast Asia cluster head for consumer banking. Selvakesari took over from Jonathan Larsen, who moved to focus on his role as global retail banking and mortgage head with additional responsibilities for the US retail banking and mortgage market.

Dominique Boer, managing director and head of relationship management for Singapore, Southeast Asia and ultra high net worth at Standard Chartered Private Bank, resigned. Prior to her latest role at Standard Chartered, Boer was head of business development and strategic implementation at SEA Private Bank, where she managed strategic implementation for business development programmes. Before this role, Boer was the regional centre head and head of priority banking Singapore, responsible for management of the bank’s priority banking business, branches and treasury specialists.

Willis Group, the global risk advisory, re/insurance broker and human capital firm which also deals with high net worth individuals, appointed Simon Weaver as chief executive for its Singapore office. He fills a spot left by Matthew Hooker, who is due to leave this position in September to focus entirely on his new role as Asia leader for human resources. Weaver moved from Miller, where he spent two years as head of Asia, responsible for business development strategy and operational management. Weaver reports to Adam Garrard, who is Willis Asia chief executive.

AXA Investment Managers unveiled a raft of changes to its emerging markets fixed income team and merged its debt teams in Paris and London with the Asian team based in Hong Kong. This creates a single group of six portfolio managers, two credit analysts and a research assistant. Meanwhile, Damien Buchet, head of emerging markets fixed income, decided to leave AXA IM in order to pursue a new opportunity.

The firm appointed Sailesh Lad and Olga Fedotova to the London-based group. Lad was named a senior portfolio manager within AXA IM’s GEM fixed income team. He previously worked at Ignis Asset Management where he was an emerging markets debt fund manager with responsibility for managing both the external and local currency debt positions within the team’s portfolios – representing assets of close to $1 billion prior to the acquisition of Ignis by Standard Life.

Fedotova was appointed head of emerging market credit and joins AXA IM in August. She previously worked at UniCredit where she managed a team of credit analysts covering emerging market corporate and financial issuers from 2012.

As a result of Buchet’s departure, Lad took over as lead portfolio manager on AWF Emerging Market Short Duration and AWF Global Emerging Market Bonds, working with Buchet until his departure in September. Jim Veneau, head of the Asian fixed income team, and Chris Iggo, CIO of fixed income, have joint responsibility for the management of the new GEM team until a successor for Buchet is appointed.

Nomura appointed 12 directors to its board of directors, including seven outside directors and seven executive officers. Those persons are:

Nobuyuki Koga, chairman;

Koji Nagai, director;

Atsushi Yoshikawa, director;

Hiroyuki Suzuki, director;

David Benson, director;

Masahiro Sakane, outside director (councillor of Komatsu);

Takao Kusakari, outside director (senior advisor of NYK Line);

Tsuguoki Fujinuma, outside director (former chairman of Japanese Institute of Certified Public Accountants);

Toshiniori Kanemoto, outside director (former president of ICPO-Interpol);

Hiroshi Kumura, outside director (special advisor of Japan Tobacco);

Dame Clara Furse, outside director (former CEO of London Stock Exchange);

Michael Lim Choo San (former chairman of PricewaterhouseCoopers).

HSBC Private Bank appointed co-heads of global private banking, North Asia in the persons of Chingyee Yau and Kevin Herbert.

Yau joined HSBC Private Bank in 2004, prior to which she worked with Citigroup Private Bank after returning to Hong Kong in 1997. Before 1997, she worked in finance in Australia for more than a decade with experience in corporate, structured and syndication finance. Most recently, Yau was co-market head of the Hong Kong team, the bank told this publication in a statement.

Herbert joined the HSBC Group in 1987 in the UK and has worked across various offices in HSBC’s commercial banking and retail banking divisions. Based in Asia-Pacific since 2002, Herbert worked in both Malaysia, as head of HSBC’s domestic private banking office, and most recently in Hong Kong, leading the international private wealth and Philippines teams.

The duo have joint responsibility for the North Asia private banking business and continue to report to Bernard Rennell, regional head of global private banking, Asia and global head, family governance and family enterprise succession.

Meanwhile, Philip Wong was appointed China market head, North Asia, HSBC Private Bank, reporting to Yau and Herbert.

Separately, Richard Hu, regional market head of China, HSBC Private Bank, stepped down.

The National University of Singapore and the Monetary Authority of Singapore jointly appointed prominent macroeconomist Professor Lawrence Christiano, holding the post of MAS term professor in economics and finance. Professor Christiano, who is the Alfred W Chase chair in business institutions and professor of economics at Northwestern University in the US, is hosted by the NUS faculty of arts and social sciences at the department of economics during the term of the professorship.

Mirae Asset Global Investments Group, or Mirae Asset, the Asia-based emerging market equity firm, named Frederic Niamkey as head of sales for French-speaking Europe. Niamkey previously worked at Aberdeen Asset Management, where he headed the firm’s Geneva office, holding the post of senior business development manager from 2009. Prior to this, he held positions at Credit Suisse Asset Management, NICO Sarl, UBS Wealth Management and OVB (Suisse).

Law firm Appleby boosted the size of its dispute resolution service in Mauritius, adding a senior associate and senior clerk, and promoting another member of the group to the position of counsel. The Mauritius dispute resolution team expanded to seven at the beginning of the year with the arrival of senior associate Dushyant Ramdhur and senior clerk Goolam Calloo. Additionally, Sharmilla Bhima has been promoted to counsel.

Financial services group Manulife promoted three employees to new roles in Hong Kong, spanning a number of business sectors.

Calvin Chiu was named vice president, pensions for Greater China at Manulife Asia. He is responsible for developing a pension market entry and expansion strategy in mainland China and Taiwan, as well as advising other Asian markets on pension-related matters. Previously he was responsible for executive compensation at Manulife and compensation programmes for Manulife’s investment division.

Chiu joined Manulife in 2010 as vice president, global pensions and benefits, to oversee the pension and benefits plans of employees, agents and retirees globally.

Edgar Chan was promoted to assistant vice president, projects, distribution operations for Manulife Hong Kong. His prime focus is on implementing strategic distribution projects. Chan joined Manulife’s regional office in 2008 as part of its Asia product risk management team.

Ji-Ye Hwang was appointed assistant vice president, innovation and customer experience for Manulife Hong Kong. She joined Manulife Asia’s human resources department in 2008.

BOC Hong Kong said Li Zaohang retired as a non-executive director and ceased to be chairman of the strategy and budget committee, as well as a member of its remuneration committee. Li retired for age reasons.

Friends Provident International appointed Chris Wei as chairman and Khor Hock Seng as chief executive. The appointments extended both men’s responsibilities at Aviva (owner of FPI) and followed the announcement in April that John Van Der Wielen, chairman of FPI, will step down at the end of this month, while remaining on the board as a non-executive director.

Wei took overall responsibility for FPI in April 2015, as part of Aviva’s acquisition of Friends Life Group. Joining Aviva last year, Wei held a number of senior roles across the savings, pensions and insurance industry, including CEO of Great Eastern Holdings, the listed Asian life insurer. Khor was appointed CEO of Aviva Asia in 2013. Before joining Aviva, he held a number of senior roles including that of CEO of AIA’s Malaysian business. Khor will continue to report to Wei.

Continuing in their roles at FPI are James Tan, managing director Asia; Marcus Gent, managing director Middle East and rest of world, and Chris Gill, general manager Singapore. Tan and Gent will now report to Khor.

BNP Paribas Wealth Management appointed Harjeet Singh as managing director, team head and senior banker for non-resident Indian clients in Singapore and Southeast Asia. Singh reports to Masroor Batin, head of NRI clients at the wealth manager. Based in Singapore, Singh is responsible for building and managing a team of relationship managers serving the wealthy NRI segment in Southeast Asia, with a core focus on Singapore.

Mark Steward, the chief enforcer at Hong Kong's Securities and Futures Commission, is due to leave his post in September for a similar role with the UK's Financial Conduct Authority as part of a major reshuffle. Steward, who is an Australia-qualified lawyer, joined the SFC in 2006 as its executive director of enforcement. He is also a non-executive director of the Financial Dispute Resolution Centre. His contract with the SFC expires on 24 September 2015. Before joining the SFC, Steward held several senior positions with the Australian Securities and Investments Commission and rose to become its deputy executive director of enforcement.

A banking industry-backed messaging network for equity-linked structured products has appointed a head of operations. Contineo, which is headqartered in Hong Kong, appointed Julie Chen to the post. She was most recently a senior consultant for Kurt Salmon, the management consultancy, in Paris and Hong Kong, leading financial technology projects for large financial institutions.

Offshore law firm Mourant Ozannes appointed litigation partner Shaun Folpp to be head of its Hong Kong office and establish a contentious restructuring and litigation offering to Asia-based clients. The role was newly created. Folpp practices BVI and Cayman law.

Singapore’s stock exchange appointed a new chief executive, Loh Boon Chye. He took the helm from Magnus Böcker, who stepped down after more than five years in the post. From December 2012 to early this year, Loh was deputy president and head of global markets, Asia-Pacific, at Merrill Lynch.

Sotheby’s appointed Adam Bilbey as head of its wine segment in the Asia region. He took over from Robert Sleigh, who is taking on a new role in Sotheby’s management team in Asia. He is based in Hong Kong and previously worked for 12 years at Berry Bros & Rudd, most recently holding the post of sales director in Hong Kong.

Withers, the law firm, opened a tax practice in Tokyo, operating under the name of "Withers Japan, Zeirishi Houjin" (Withers Japan). It also hired partner Eric Roose from Morrison & Foerster to head Withers' international corporate tax practice in Asia. Corporate tax advisors ('Zeirishi') Chizuko Tomita and Takeo Mizutani head Withers Japan, continuing their longstanding relationship with Roose as historic members of the Tokyo corporate tax team at Morrison & Foerster.

The Asia chief executive at Crédit Agricole (Suisse) left the Europe-headquartered firm after 18 months in the post in Asia. Sen Sui and Antoine Candiotti, respectively heads of the Singapore and Hong Kong branches, continued to develop the bank’s business in the region. Both individuals report directly to Patrick Ramsey, head of private banking in Switzerland.

The chief executive for Hong Kong and Singapore at Standard Life resigned and returned to the UK. The firm also made a number of top-ranking changes in the Asia-Pacific region. Neal Armstrong left the firm for personal reasons. Alan Armitage, CEO for Asia and emerging markets, took on responsibility as controller of Standard Life (Asia) in Hong Kong.

Standard Life created several new roles in its Asia operations to help the business best capitalise on opportunities in the region. Sean Deehan, chief risk officer and chief actuary with Heng An Standard Life, was appointed to the role of head of strategy and business development, based in Hong Kong from August. Deehan has been based in Tianjin, China for almost three years.

Angela Yeung was appointed as chief marketing officer, Asia and emerging markets, responsible for Standard Life’s China and Hong Kong marketing strategy. She has experience with PIMCO, BlackRock and Zurich. Eric Bruce moved from his strategy and business development focus to help re-position Standard Life Asia’s distribution capability going forward, in the role of senior business and distribution development manager.

One of the most senior investment managers at Australia-headquartered AMP Capital, Ella Brown, retired from the company, drawing a close to a 26-year career that included four years at the firm.

Citi appointed veteran senior manager Aftab Ahmed as country officer in the Philippines. Previously chief country officer for Hungary, he replaced Batara Sianturi, who is moving to Citi Indonesia to serve as country head. He reports to Michael Zink, head of ASEAN and Citi country officer for Singapore. This was Ahmed’s third CCO and country head appointment in his nearly four-decade international career with Citi.

One of the most renowned figures in Asia’s investment world, Lee Shau-kee, stepped down as the chairman and managing director of Henderson Investment. His younger son, Martin Lee-Ka-shing, took up the roles he vacates. Martin Lee, a billionaire, was previously vice chairman of the group; he took over as chairman of Miramar Hotel and Investment last year.

M&G Investments made a number of changes to its equities team, affecting the management of European, Asian and other portfolios. In its Japan equities segment, management of the M&G Japan and the M&G Japan Smaller Companies funds returned from Eastspring Investments to M&G, following consultation with Eastspring, the Asian asset management business of Prudential. Johan Du Preez, a 20-year financial industry veteran, returned to M&G with a view to managing the two Japan equities funds, subject to regulatory approval. He joined from Eastspring Investments, where he was part of a team that has been running Japan equities mandates for over a decade.

Japan Post Holdings, the banking, insurance and postal services business that is to be privatised, appointed Katsunori Sago, a former Goldman Sachs executive in the country, as head of asset management at its banking unit. Sago oversees the bank’s assets as it reduces holdings of government bonds to increase returns in preparation for an initial public offering scheduled for later this year. Sago worked in Japan at Goldman Sachs for about 22 years.

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North America

Bank of the West took on Steve Prostano to build out the firm's ultra high net worth business for individuals and families in the US with over $25 million in assets.

San Francisco, CA-based Prostano has around 30 years of experience designing, managing and growing businesses both in the US and abroad. Before joining Bank of the West, he was founder and managing partner at SPI Partners. He is also known for his stint as chief executive of Silver Bridge, which was acquired by Banyan Partners in 2013. Banyan Partners was in turn bought by Boston Private last year.

Family Wealth Advisors, a division of Bank of the West, will serve UHNW individuals, families, family offices, family foundations and non-profits, headed by Prostano.

Convergent Wealth Advisors, an independently operated affiliate of City National Bank, hired John Elmes as president. Elmes replaced Doug Wolford, who was appointed as CEO in 2014. His past experience includes senior roles at JP Morgan Private Bank, GenSpring Family Offices, Alex Brown and Arthur Andersen.

BNY Mellon hired Lillian Peters as a senior wealth director in Miami, FL. Peters, who reports to managing director Luis Castellanos, was formerly a regional director at SunTrust, where she was responsible for the firm's south and southwestern Florida wealth teams.

California-based Intellectus Partners, which concentrates on serving entrepreneurs, joined the Dynasty Financial Partners network. As well as investment management, wealth transfer, lending and philanthropy, Intellectus provides entrepreneurial advisory and venture services.

Prior to founding Intellectus Partners, David La Placa was a member of the client advisor executive committee and a managing director at Deutsche Bank. Jay Casey, co-founder and president of Intellectus, is a former director, advisor and portfolio manager at Deutsche Bank. The pair have worked together since 2000 and were joined at Dynasty by Kelly Morton, vice president of client planning, and Tina Chan, vice president of operations and administration.

Andy Fent was appointed as a wealth management advisor at The Private Client Reserve of US Bank in Kansas City, MO. Fent previously worked at Commerce Trust, where he held roles including equity analyst, portfolio manager, market executive and director of relationship management.

Family Office Exchange, a global membership organisation of enterprise families and their advisors, added two senior staff members in California to support its growing West Coast business. Karen Clark will be based in Santa Barbara as managing director of councils, and Linda Shepro will be based in San Diego as managing director of networks.

Clark joined FOX from Sandaire in London and in her new role will run several new peer councils, which bring together like-minded individuals for professional development and to focus on solving challenges they face in working with their families and their family offices. She joins Mariann Mihailidis and four other managers who run the current 13 FOX peer councils.

Meanwhile, Shepro joined from FDX Capital and will oversee the rollout of the six new FOX networks. Currently offered networks include: technology operations and data security; human capital; private family trust companies; and three investment networks: direct investing, strategic CIO, and endowment model investors. These were launched recently.

US Capital Advisors added a Houston, TX-based team, called Wealth Management Group, led by Kelly Rushing and also comprised of R Shawn Jones and Davis Rushing. The team – of which each member is latterly of UBS and was named as a managing director – includes Idania Reyes, a senior registered client service associate.

Don Braun was named director of Bernstein’s private wealth office in Philadelphia, PA, where he was previously a principal. Braun joined the firm in 2005 and was appointed as a principal in 2010. Earlier, he served for ten years as vice president of a privately-held family business at Greater Media.

Tampa, FL-based Independent Financial Partners, an RIA, hired Ned Van Riper as director of recruiting to expand its advisor network. Van Riper will identify not only wirehouse advisors looking to go independent, but also RIAs and fee-only advisors looking to “tuck in”. He started his career in 1999 as a financial advisor at Morgan Stanley and then moved to Smith Barney. In 2007, he transitioned to advisor recruiting, working as an external recruiter for LPL Financial before becoming an external recruiting consultant at Finetooth Consulting.

Continuing its wealth management drive, Robertson Stephens Advisors named Bruce Arella as president of the East Coast and Midwest regions; a member of the executive and investment policy committees; and director of real estate at Robertson Stephens Partners.

Arella will grow the firm’s recently launched Boston, MA, office and work to establish regional offices in key cities such as New York, Miami, FL, and Chicago, IL.

Before joining Robertson Stephens, Arella was a partner and head of real estate at We Family Offices, having previously been a partner and president of GenSpring's New York office. He also founded Ardent Fund Management, an equity long/short hedge fund, and was managing director and director of manager research at Orion Capital Management. Arella started his career at Standard & Poor's Securities.

US Bank named Jenna Guenther as a managing director of wealth strategy at Ascent Private Capital Management, its ultra high net worth business, in Denver, CO. Guenther previously served as a director of wealth planning with Ascent’s Center for Wealth Impact Planning - a role in which she focused on multi-generational and business succession planning, risk management, family governance and education, and other wealth planning services.

RBC Wealth Management recruited The Koeckert Anger Group from Merrill Lynch in Stamford, CT. Comprised of Dodd Newton Koeckert and Nicholas Anger, the team has $1.2 billion in assets under administration. Koeckert brought 31 years of industry experience to the firm, while Anger joined with 11. Also included are senior registered client associates Carolyn Valvano and Pamela Kamen.

HSBC Bank USA appointed Pablo Sanchez as head of retail banking and wealth management, succeeding Kevin Newman, who retired after 25 years at the firm. Sanchez will be based in New York City and lead the US business that also includes mortgage and insurance, with oversight responsibility for the same business in Canada.

The international law firm McDermott Will & Emery recruited Ellen Harrison as a partner in its Washington, DC, private client practice. Harrison was previously a partner at the law firm Pillsbury Winthrop Shaw Pittman.

The addition of Harrison advanced McDermott’s strategic focus on expanding its private client practice in Washington, DC, which was established this year when Leigh-Alexandra Basha joined the firm.

As well as Basha, Jean-Marc Tirard, David Adler and Nicholas Holland recently joined as private client partners in London. The new Washington private client practice will work with other McDermott offices in the US and London to provide global advice to wealthy clients and family offices.

Harrison focuses her practice on tax issues including estate planning and administration, tax controversies, and US and international income, gift and estate tax planning. Her clients include high net worth individuals, businesses and charitable organisations. She also has a strong background in estate planning matters including drafting wills, trusts, powers of attorney, prenuptial agreements, buy-sell agreements, corporate documents, and family partnership agreements.

Thuyen Nguyen and Kevin Kraus joined Advisor Software as chief technology officer and vice president of product management, respectively, to help the firm “enter its next stage of growth.”

As CTO, Nguyen will oversee software engineering and define the technical architecture of the firm.  Prior to joining Advisor Software, he was chief executive and CTO at Data Agent, a software provider in the private fund regulatory compliance space that was acquired in 2013.

Meanwhile, Kraus is tasked with expanding the firm's roster of wealth management software applications. He has over 20 years of financial services experience at Charles Schwab, having most recently been responsible for supporting the acquisition and growth strategy of the retail active trader client business.

RBC Wealth Management added two new financial advisors at its Easton, Baltimore, MD, office. Alex Fritzsche, first vice president and financial advisor, joined RBC from Merrill Lynch while Jennifer Edgell, vice president and financial advisor, joined from Wye Financial & Trust. 

Fritzsche brought 14 years of industry experience to the firm, and Edgell joined with 11. They have a combined $185 million in assets under administration and approximately $1.3 million in production. Also joining with them was Karen Kruse, a client associate.

BNY Mellon hired David Walker as a wealth director for business development in Boston, MA. Walker has spent most of his career as an executive director and portfolio manager at Van Kampen Investments/Morgan Stanley. His past experience also includes serving as a financial advisor at UBS and as an analyst at Trillium Asset Management. In his new role at BNY Mellon, Walker will report to managing director Fred Young.

LPL Financial, the RIA custodian and broker-dealer giant, named Tom Gooley as managing director of service, trading and operations.

Gooley joined LPL from TIAA-CREF, where he was latterly senior managing director and chief risk officer of the retirement and individual financial services division. Before that, he was managing director and head of operations of Morgan Stanley's global wealth and asset management divisions. Earlier in his career, Gooley led equities and futures operations at Bank of America Securities after 12 years at Goldman Sachs.

In his new role at LPL, Gooley will be responsible for leading LPL's service, trading and operations organisations, while mitigating risk, increasing efficiency and improving the client experience. He will report to Mark Casady, LPL's chairman and chief executive, and will serve as a member of the firm's management committee.

NFP Advisor Services promoted its vice president and investment advisory compliance officer, Mike Pedlow, to chief compliance officer.

Jennette Schlinke took on the day-to-day investment advisory compliance functionality and Pedlow remains closely involved in all aspects of the compliance programme, including investment advisory, going forward.

Pedlow has over 15 years of experience in the financial services industry and also serves as CCO of Washington Wealth Management, an affiliate of NFP Advisor Services and recruiting platform for advisors transitioning from wirehouses. Prior to joining NFP Advisor Services, he supervised the RIA compliance programmes at Raymond James.

Highmount Capital, which serves private clients in the US and abroad, joined Brown Advisory, the global independent investment management firm.

All 34 Highmount Capital professionals will move to Brown Advisory and own equity in the firm – as do all 445 Brown Advisory colleagues – Brown Advisory said.

Highmount, with offices in New York, Boston and Amsterdam, has a strong background advising international private clients, which will complement Brown Advisory's growing private client business served by its London office, said Mike Hankin, president and chief executive.

Brown Advisory serves private and institutional clients in all 50 states and 34 countries, through offices in Baltimore, MD, Washington, DC, Boston, MA, New York, Wilmington, DE, Chapel Hill, NC, and London. Going forward, Highmount clients will be advised by their existing teams.

GenSpring Family Offices named Chris Walters as managing director for the western region. Walters will be based in Costa Mesa, CA, and oversee GenSpring’s Los Angeles and San Francisco family offices. He took over from Pat Soldano, who retired but has since taken on a consulting role with GenSpring.

He joined from Rabobank, where he was executive vice president leading private banking, personal trust, asset management, institutional trust, brokerage, insurance, financial planning and wealth management solutions.

Before that, Walters was executive vice president at Citizens Business Bank, where he created Citizens Trust. He has also held senior roles at national and international wealth management firms, including Atlantic Trust, Citi Bank and Mellon.

Pitcairn named Eric Gaul as chief financial officer, reporting to Leslie Voth, president and chief executive. He replaced William McCormick.

Gaul was most recently managing director of family office services, and will continue to lead this group. Going forward, Gaul will serve as a member of Pitcairn’s leadership team, operating committee, and investment policy committee. He will also continue working with the firm’s client service teams on various planning matters. Earlier during his career at Pitcairn, he served as wealth management project manager.

Michael Feldman was appointed as head of wealth markets at Union Bank, which includes the firm's private wealth management, wealth planning, trust and estate services, and brokerage and asset management units.

Feldman has held a number of leadership roles at Union Bank since joining the company in 2009, most recently as head of branch banking and private banking. He assumed the role in April, taking over the group from Dennis Mooradian, who retired on 12 June 2015.

Feldman is based in Irvine, CA, and reports to Tim Wennes, West Coast president and head of retail banking and wealth markets. Meanwhile, David Wines was named as president and CEO of HighMark Capital Management, the firm's asset management subsidiary. Wines will assume this expanded role while continuing as HighMark’s chief fixed income officer. He is based in San Francisco and reports to Feldman.

United Capital Financial Advisers, which describes itself as a financial life management firm, hired a team of six from StanCorp Investment Advisers, bringing with them over $574 million in assets under management, and opened five new offices.

United Capital also acquired the assets of Hutchinson Financial of Little Rock, AR. Staff members, including founder Eric Hutchinson - now managing director at United Capital - are all now employees at the firm.

Jennifer Lee joined US Trust as managing director and market executive for Metro New York, encompassing the five boroughs of New York City. This is a newly-structured role and she did not directly replace anyone.

Lee will lead 33 advisors and other key team members who work with the market’s 4000 clients. She most recently worked at Wells Fargo Private Bank, where she oversaw all client relationship management teams and business lines in New York City, Westchester County and Long Island.

Prior to joining Wells Fargo, Lee was a managing director at Lehman Brothers, where she held various senior leadership roles – most recently as the Northeast leader of wealth management for Neuberger Berman. She started her career at JP Morgan and has also worked for Goldman Sachs.

Kurt MacAlpine, former leader of McKinsey's North American asset management arm, joined the ETF/ETP sponsor and asset manager WisdomTree Investments as executive vice president and head of global distribution – a new role at the firm.

MacAlpine will oversee WisdomTree’s ETP sales and distribution initiatives globally and join WisdomTree’s executive management team. In his previous role at McKinsey & Company, he managed global consulting teams in the asset management and wealth management sectors on topics related to distribution, marketing, product development, international expansion, strategy and M&A. He has extensive experience working with domestic and foreign firms in North America, Asia and Europe.

Baird added ten wealth management professionals – including six financial advisors – and opened a new office in Wichita, KS. The group of advisors, all of whom are legacy A G Edwards advisors and most recently worked at Wells Fargo Advisors, collectively brought over 150 years of combined industry experience and oversees more than $1.1 billion in client assets.

They are: Don Barry, managing director; The Docking Group, consisting of Jill Docking, senior vice president, and Brian Docking, senior vice president; Phillip Garrison, director; Kevin McWhorter, senior vice president; and Suzanne Marshall, vice president.

Jill and Brian Docking will be assisted by senior client specialist Jacqueline Stanton, and joining Barry were client specialists Janice Bosch and Charity Davis (Davis will also support Marshall and McWhorter). Garrison was joined by client specialist Brooklyn Young.

Northern Trust named Robert Lawson as Minnesota state president, reporting to region president Mac MacLellan. Lawson was previously a senior vice president and managing director at the Private Client Reserve of US Bank in Minneapolis, MN. Before that, he was a vice president and head of financial and estate planning at US Trust in Minneapolis.

BNY Mellon appointed Alan Flanagan to the new role of global head of private equity and real estate fund services. Flanagan will continue to be based in Dublin and report to Frank La Salla, chief executive of BNY Mellon's Alternative Investment Services business in New York.

As a new unit within AIS, PE&RE Fund Services will include over $100 billion in assets under administration and over 150 employees globally. Most recently, Flanagan was global head of product management for AIS, and will be succeeded in this role by Robert Chambers, who joins BNY Mellon from Balestra Capital.

Flanagan joined BNY Mellon in 2007 from UBS Fund Services (Cayman), where he was head of business development - Americas. In February, BNY Mellon and Deutsche Asset & Wealth Management announced an agreement through which Deutsche will outsource its real estate and infrastructure fund accounting, and parts of its reporting functions, to BNY Mellon.

UBS appointed Mary Rozell as the new global head of its art collection business. Rozell will join Zurich-based UBS Art Collection after six years of serving as director of the art business programme at Sotheby’s Institute of Art in New York. She is also a private art collection consultant.

Rozell will replace Irene Zortea, who will retire at the end of September, to lead the global team of art experts. This includes Jacqueline Lewis, curator for the Americas, and Stephen McCoubrey, curator for the UK, Europe and Asia-Pacific. She will oversee acquisitions, exhibitions and the general management of the company's corporate collection.

Bryan Kirk was appointed as trust counsel of Fiduciary Trust International of California, based in San Mateo. Kirk joined Fiduciary Trust from San Francisco-based Botto Law Group, where he was a partner specialising in estate planning, trust and estate administration and tax exempt organizations. Before that, he was an associate at Anderson, Zeigler, Disharoon, Gallagher and Gray, the law firm.

Northern Trust recruited Paul Lee from AB Bernstein Private Wealth Management for a top post within its wealth advisory services group in New York.

In his previous role at Bernstein, Lee was national managing director of the wealth management and global family office group, also based in New York. It is unclear when it was that he left this role and if a successor has yet been named; the firm declined to comment when contacted by this publication.

Lee was named as a senior vice president and senior regional wealth advisor - a new role - reporting to John Hoffman, head of Northern Trust Wealth Management’s greater New York region. He has over 20 years of tax, estate planning and investment experience in the US and UK.

Earlier at Bernstein, he opened the firm’s first non-US private client office, in London. As managing director of the London private client sales group, he put in place the investment infrastructure for all of the firm's non-US private clients.  Lee began his career practising law at various firms, eventually becoming a partner in the tax, estate planning and wealth protection group at Smith, Gambrell & Russell.

City National Bank, the US private and business bank, hired three wealth advisors to reinforce its East Coast business. Anthony Savino joined as a senior vice president and senior private banker from Morgan Stanley; Alan Wolberg joined as a senior vice president and senior wealth planner from Bank of America Merrill Lynch; Carolyn Finer joined as a private investment consultant from UBS Financial Services.

Wealth Access, the high net worth financial management platform, hired seven senior technology and financial services veterans, while also reporting strong year-on-year growth.

The firm said it now reports on over $20 billion - a 350 per cent increase year-over-year - and has logged a 1,437 per cent growth - a 14-fold increase - in active users during this time.

The following joined Wealth Access: Doug McPhail, director of sales engineering; Paul Polese, vice president of business development; Ellen Smith, vice president of sales; Will Cooper, vice president of operations and client service; Brian Semitekol, chief financial officer; Jeff Norris, senior user experience architect; and Kanchana Chalia, senior software engineer.

McPhail previously held senior roles at Charles Schwab and Black Diamond; Polese was director of investment advisory solutions at Envestnet – Placemark; Smith is latterly of eMoney Advisor; Cooper joined from Black Diamond; Semitekol previously worked at Shareholder Insite (now Ipreo); Norris is previously of Underwrites Laboratory; and Chalia joined from Symantec.

BNY Mellon recruited Elaine Leach for a newly-created wealth director role, and hired Ryan Mitchell as an associate portfolio manager, in San Diego, CA. The firm also promoted Jeremy Kovacs to senior portfolio manager in San Diego. All three report to regional managing director Paul Thiel.

The additions to the San Diego office, which opened in December of 2013, were part of the firm’s strategic hiring initiative in key wealth markets. Since establishing its San Diego County presence, BNY Mellon has increased its assets there by 300 per cent and its staff size by 50 per cent, it said.

Leach replaced Thiel in his former role in San Diego - subsequent to his recent promotion to managing director. Before joining BNY Mellon, she served as business development manager at TAG Family CFO Services.

Mitchell was previously an alternative investment consultant in the private client group of Altegris Investments, and, before that, held a similar role at Triton Capital Advisors.  Earlier in his career at BNY Mellon Wealth Management, Kovacs was a portfolio manager, responsible for private client and foundation assets. Earlier, he was an investment management specialist at Wells Fargo.

Bel Air Investment Advisors brought in Supriya Batra and Stephanie Withers - both from JP Morgan Private Bank - as advisors and senior vice presidents at its recently-established San Francisco, CA, office.

Batra was previously a client advisor at JP Morgan Private Bank and a managing director at Sterling Stamos. Before that, she was a vice president in the private wealth management group at Goldman Sachs. Withers also joined from JP Morgan Private Bank, where she was an executive director responsible for strategic asset allocation and investment solutions. Before her stint at JP Morgan, she spent seven years in the investment research department at Goldman Sachs. Earlier in her career, she was an associate at Cambridge Associates, and, earlier, an analyst at Robertson Stephens.

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RBC Wealth Management hired Kurt Kharouf as a senior vice president and financial advisor in South Hills, Pittsburgh, PA. Kharouf joined from Merrill Lynch, with $117 million in assets under administration and $1.17 million in production. He brought with him Ginny Hoffman, a senior client associate.

Wilmington Trust hired Julie Barron as a senior private client advisor and Salma Haikal as a senior private banker in Boston, MA. Barron previously held senior roles at Fiduciary Trust and JP Morgan Private Bank in the ultra high net worth space. She was also a senior vice president at Brown Brothers Harriman.

In her new role at Wilmington Trust, Barron will work with high net worth individuals, families and business owners throughout New England. Haikal has nearly two decades of experience serving ultra high net worth families and their advisors. Before joining Wilmington Trust, she was a senior vice president at US Trust Private Wealth Management.

Webster Private Bank recruited Christopher O’Connell as senior vice president, senior private banker and regional market executive for Massachusetts and Rhode Island.

He will be based in Boston and report to Peter Gabriel, senior vice president and director of relationship management and sales. O'Connell joined Webster from Boston Private Bank and Trust Company, where he was senior vice president and manager of investment sales.

GenSpring Family Offices appointed Jim Brennan as managing director for the Florida-west region and David Herritt as managing director for the Northeast region.

Brennan, who has been with GenSpring for a decade, previously served as senior family wealth advisor to clients in Tampa Bay and Sarasota. In his new role, he will oversee activities in Orlando, Tampa Bay and Sarasota family offices.

Herritt has served as senior family wealth advisor at Genspring since 2006. He is also family governance director, helping clients in the development of their family policies and governance structures. In other movements, GenSpring's former managing director Pat Soldano returned in a consultancy capacity. She left the firm at the end of last year, having spent five years heading up its western region. Soldano helped develop Cymric Family Office Services into a multi-family office back in 1996 which became part of GenSpring in 2009.

Deutsche Asset & Wealth Management, part of Deutsche Bank, made additions to its team in Miami, FL. Oti Roberts joined Deutsche’s private bank as a managing director and senior private banker, along with senior investment advisor Freddy Menjivar, and associate banker Scott Shuffield. Roberts and his team are responsible for serving UHNW clients in the southeast region of the US. Roberts reports directly to Chip Packard, co-head of wealth management in the Americas.

Before joining Deutsche AWM, Roberts was a managing director and senior private banker for JP Morgan Private Bank, where he helped establish its first private banking office in Miami. He also served on JP Morgan’s 14-member private bank advisory council. Previously, Roberts spent five years with Bank of America in Miami.

Menjivar joined as a director and senior investment advisor. Prior to Deutsche AWM, he was an executive director at JP Morgan Private Bank, where he led the investment practice in South Florida. He began his career in its Palm Beach office in 2000. Shuffield joined as an associate banker. Previously, he was an analyst for JP Morgan Private Bank in Miami.

Illinois-based First Midwest Bank appointed Paul Hoefert as senior vice president and head of private banking. Hoefert most recently served as chief administrative officer at Northern Trust's wealth management unit, where he managed client services. He has 37 years of experience in the banking and wealth management industries. In his new role, he will oversee the bank's business catering to the needs of high net worth clients.

Atlantic Trust, the US private wealth management division of CIBC, added to its teams to drive growth in its Texas and California offices. John Winslow joined the firm as senior relationship manager and managing director, overseeing the Dallas and Austin regions. Prior to joining Atlantic Trust, he was a senior director for BNY Mellon.

J Bradford Craig joined the firm’s San Francisco office as senior relationship manager and senior vice president. Craig brought with him more than 37 years of industry experience to the firm. In his new role, he consults with clients and their advisors to develop and implement customised investment allocation strategies. Prior to joining Atlantic Trust, Craig was a senior investment strategist for nine years at Wells Fargo Private Bank, where he also consulted with high net worth individuals and foundations.

Mark Frazier, senior relationship manager, will support Winslow in Texas, and was appointed head of the Austin office and promoted to managing director.

In the firm’s Houston office, F Allen Lyons, vice president, transitioned from his role as wealth strategist to serve as a business development professional in the region. Lyons joined Atlantic Trust in 2008 as a wealth strategist, providing clients with estate and financial planning services. In his new role as business development officer, he will be responsible for cultivating relationships with high net worth clients and strengthening associations with key intermediary referral sources. Prior to joining Atlantic Trust, Lyons was a tax and audit associate at Stevens, Henry & Mathews.

The executive search firm Sheffield Haworth hired Andrew Blane as managing director of its asset management practice in New York. Blane joined from Warren International, an executive search boutique specialising in conducting team lift-outs and searches in asset management. There, he served as managing director, identifying and placing entire teams of asset managers. He also advises chief executives of investment management firms on all aspects of their firm’s global expansion.

The international law firm Withers opened new offices on the West Coast and added nine partners, and a further 17 fee-earners to its ranks in what it described as “dramatic US expansion”. The new offices are in San Diego, Los Angeles and Rancho Santa Fe.

Most of the new team joined Withers from the private client services group at McKenna Long & Aldridge, with lawyers specialising in areas such as trusts, estate planning, charitable giving and estate litigation. It also appointed litigation partner Michael Brophy, joining from Russ August & Kabat, and counsel Christine Steiner, who joined the firm from Sheppard Mullin Richter & Hampton. The extended California team joined Withers shortly after the arrival of five corporate, litigation and IP partners from Kelley Drye & Warren LLP, who are based in Connecticut.