A busy month for moves and appointments in the world's wealth management industry

Tom Hall rejoined private investment office Sorbus Partners as a partner. Hall, who is an original co-founder at the firm, left in 2014 for family business reasons.

Previously, he was a director with UBS Investment Bank and a former CEO of the diversified conglomerate Williams Industries. Prior to that he was a global director of parts and service at Midlands-based multinational JCB. Hall has an MBA (merit) from the London Business School.

Starwood Capital Group, the Miami, Florida-based private investment firm, focused on real estate and energy investments, appointed David Matheson as a managing director and head of real estate for Europe. Matheson is responsible for sourcing and executing real estate acquisition opportunities across Europe. He is based in the firm's London office. Prior to this move, Matheson spent eight years at Oxford Properties Group, a global real estate firm. Before his time at Oxford, he spent over a decade in European investment banking, most recently as an executive director at Goldman Sachs.

Crestbridge, the administration, management and corporate governance solutions business, appointed Mike Edward as chief people officer. Edward has had a career in human resources spanning more than two decades. He originally joined Crestbridge as a consultant, with a remit to manage a series of major HR projects.

Thorsten Hartmann was appointed to take over as head of the Julius Baer branch in Basel, starting in April 2022. He was due to replace Claude Scharowski, who has led the office since it opened in 2000, and is retiring in 2024. Hartmann spent over 17 years at Credit Suisse, working mostly in the Basel region. He was head of private banking for HNWI Basel between 2013 and 2020, and was most recently head of HNWI for Northwestern Switzerland at the bank.

Private markets investment platform Titanbay appointed former Barings managing director Gareth Read as chief operating officer to oversee further growth. He was previously managing director at Barings responsible for developing and managing its European fund infrastructure. Later, he worked at AshGrove Capital as finance and operations director, and has spent time on the audit and assurance team at Deloitte.

Ampla Finance, the legal finance provider based in the UK, named Natalie Player and Deborah Ward, both qualified lawyers, as commercial director and partnership director respectively. Both Ward and Player joined from Novitas Loans, where they were account directors for the last four years. 

Finance Isle of Man appointed Paul Blake as head of banking and fiduciaries at the Isle of Man Department for Enterprise based in Douglas. Blake was previously chief operating officer at Quinn Legal and DQ Advocates, two established legal firms on the island. Prior to that, he worked as a senior manager in corporate banking at Lloyds Banking Group, also on the Island.

Pictet Wealth Management appointed Alexandre Tavazzi as Asia chief investment officer. Until then, he was global strategist and head of CIO Office for the firm. Tavazzi, who is based in Hong Kong, continues to report to Cesar Perez Ruiz, head of investments and CIO, and locally to Evelyn Yeo in the additional role. He has worked at the Geneva-based group for 24 years.

IQ-EQ named Edwin Chan as its new chief commercial officer to run its UK and Ireland business. Chan, who reports to John Legrand, regional CEO for the UK, Ireland and the Crown Dependencies, has spent two decades overseeing funds services launches for international banks in London, Bermuda and Hong Kong.

Virgin Management's former investment director Andre Ronsoehr joined Seraphimas as investment director to boost development of its Seraphim Space Investment Trust. Ronsoehr spent almost a decade at Richard Branson’s Virgin Management family office, where he co-led the seed investment of One Web in 2015 and helped fund Virgin Galactic and Virgin Orbit, working with the boards and C-suite teams of all three of Branson’s space businesses.

Invesco made two appointments for its UK multi-asset team: Benjamin Jones, who joined as director of macro research, and Fabio Faltoni, joined as product director. Jones formerly worked at State Street Global Markets, where he spent 15 years, initially as equity strategist and, from 2013, as senior multi-asset strategist. Faltoni previously spent five years as a multi-asset and macro investment specialist at Aviva Investors.

Carmignac appointed Apolline Menut as an economist focusing on the eurozone. She is based in Paris and reports to chief economist Raphaël Gallardo. Menut joined from Axa IM where she was a macro economist with a similar eurozone remit. She started her career as a research assistant at the Massachusetts Institute of Technology Sloan School of Management, before joining Barclays in the European Economics Research department covering the eurozone.

Calastone made three strategic hires: early fintech champion and experienced banker Ahsan Raza as chief financial officer; former McKinsey associate partner Varun Atre as head of product; and technology executive Paul Elflain as head of digital marketing institutional sales.

Finance Isle of Man, an executive agency for the financial centre’s Department for Enterprise, appointed three new non-executive board members. They were Claire Milne, partner at Appleby and NED at Playtech and Zurich International; Dougie Elliott, director at Sovereign Trust and chairman of the Association of Pension Scheme Providers; Anne Couper Woods, director at Boston Multi Family Office (Association of Corporate Service Providers representative).

The chairman of the UK’s Financial Conduct Authority, Charles Randell, asked the government to find a successor. He planned to stand down in the spring of 2022. Randell asked Rishi Sunak, Chancellor of the Exchequer, to start a search for a new chairman. Randell, who was appointed to the post in 2018 for a five-year term, was previously an external member of the Prudential Regulation Committee of the Bank of England and a non-executive board member of the Department for Business, Energy and Industrial Strategy.

Investment group AllianceBernstein added to its EMEA product and client leadership by appointing Honor Solomon as head of retail EMEA, and Mike Thompson to head the firm’s global fixed income business development strategy.

Solomon joined from Legal & General Investment Management, where she spent seven years as head of retail distribution. She will oversee strategy, management and distribution for AB’s EMEA retail business, and build out further regional growth. She reports to head of global client group, Onur Erzan.

Janus Henderson Investors made two senior hires in its London-based investment trust team. Dan Howe was named deputy head of investment trusts, and Oliver Packard head of investment trust sales.

Howe moved from J P Morgan Asset Management, where he was most recently executive director for global strategic relationships. He reports to trusts head James de Sausmarez. Packard joined from Panmure Gordon, where he held a senior post in investment fund sales. Prior to that, he spent more than five years as sales director in investment trust sales at Cenkos Securities PLC.

Aegon Asset Management added three personnel to its responsible investment team. Based in the UK, Andy Woods was appointed as a responsible investment manager, supporting the equities and multi-asset investment platforms. 

Curtis Zappala joined as a responsible investment associate in the US. Zappala was previously a member of the sustainability team at United Parcel Service. He has also held sustainable-related positions at SunShare and Growth International Volunteer Excursions. The third appointment was Jamie McAloon, a responsible investment associate, supporting the equities and multi-asset investment platforms. He was formerly at Abrdn, where he was a private equity finance analyst.

Crestbridge, the global administration, management and corporate governance solutions business, appointed Conor O’Brien as head of accounting and transfer agency. O’Brien brought more than 25 years of experience to the job, having worked in the funds industry, with particular expertise in developing services for private equity, real estate funds and other alternative structures.

Alternative investment firm Värde Partners promoted deputy chief investment officers Brad Bauer and Giuseppe Naglieri to join Ilfryn Carstairs as co-CIOs. Both will share oversight of Värde’s global investment activity alongside Carstairs, who is also co-CEO.

Based in London, Bauer joined Värde in 2007. He was named as a partner in 2013 and promoted to deputy CIO in 2019. Also London based, Naglieri, who joined the firm in 2009, was made a partner in 2016 and promoted to deputy CIO in 2018.

ESG advisory and portfolio analytics specialist, MainStreet Partners, made eight new hires. The firm named Djolan Captieux as director and co-head of the department. Captieux came from FTSE International Limited (an LSE Group company), where he was global ESG quality manager. Simone Borsetti, Martina Castelli, Jaime Diaz-Rio Varez, Soner Hasan, and Georgina Anne Tayler joined in the ESG research team. Bikiron Banerjee was appointed as IT senior associate to develop the MainStreet Partners digital platform. Banerjee has more than 10 years’ experience in investment firms and financial institutions.

International legal and professional services firm Ince appointed Naomi Woods as a partner in its private wealth practice. Based in Southwest England, Woods advises a range of clients with expertise in advising high net worth clients and business owners, particularly in the agricultural sector.

Oak Group, the private client, corporate services and fund administration business, appointed Paul Schreibke as managing director of Oak Funds Services in Guernsey. Schreibke joined Oak Guernsey in 2019, as managing director of Oak Trust (Guernsey) Limited.

ZEDRA, which provides corporate, global expansion, wealth and fund solutions, promoted six of its Guernsey-based staff:

Anna Youngjohns - assistant manager; 
Brian Vhiriri - senior accounts manager;
Elizabeth Sayer - trust officer;
Jade Lake Trust - administrator;
Robert De La Rue - trust officer; and 
Simon Smith Senior - trust manager.
 

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BNY Mellon Investment Management appointed Kristina Church as head of responsible strategy. Church joined from Lombard Odier Investment Managers where she was most recently head of sustainable solutions and, earlier, senior investment strategist and deputy head of sustainability. Prior to this, Church spent a decade at Barclays Capital, latterly in its sustainable and thematic research team and formerly as head of European automotive equity research. Church reports to Gerald Rehn, head of international product and governance at BNY Mellon Investment Management. 

Hawksford, the corporate, private client, and fund services firm, named Edward McFadyen as associate director of funds services. He previously worked at another Jersey-based private client, corporate services and fund administration firm. Another joiner was Sion Williams, who brought over seven years’ experience working in various roles at alternative financial service provider Alter Domus. 

Lombard Odier Investment Managers named Dr Lorenzo Bernasconi as head of climate and environmental solutions - a newly-created role for the Swiss bank. Dr Bernasconi is based in New York.

Cazenove Capital, which is part of Schroders, made three hires across its regional hubs and in London. Jennifer Crowley joined Cazenove Capital in Birmingham, Lee Sweeting joined in Bristol, and James Bates joined in the capital.

C Hoare & Co, the UK private bank, appointed Carl Brian as a senior relationship manager in the Northeast of England. He reports to Peter Gale, banking team leader. Brian has more than 20 years of experience of managing customers across retail, private and commercial banking. Most recently, he was a senior RM in commercial and corporate banking at NatWest Group. 

Brewin Dolphin, the wealth manager, appointed Kam Bagga as a wealth director in its 1762 team at 8 Waterloo Place in St James’s, London. Bagga’s career in financial services, which spans more than 15 years, includes positions at Morgan Stanley, Credit Suisse and, more recently, at Henley Investment Management where he was a director with a particular focus on global private and institutional clients.

Robeco appointed Karin van Baardwijk as chief executive as of 1 January 2022. Van Baardwijk will succeed Gilbert Van Hassel, who has been in the position since September 2016. Van Baardwijk, who joined Robeco in 2006, has served in various roles ranging from head of operational risk management to chief information officer. She has been part of Robeco’s executive committee since 2015.

GAM Investments appointed Mary Murphy in the newly-created role of head of global consultant relations. Murphy reports to Jill Barber, global head of institutional solutions. Prior to this, Murphy worked at BlackRock where she was responsible for leading some of BlackRock’s largest strategic investment consultant relationships. 

Crown Global Insurance Group, which provides private placement life insurance (PPLI) and annuities for ultra-high net worth individuals and institutions, appointed Thomas F Wiese as president of institutional solutions. Previously, he was executive managing director at Lombard International, where he was responsible for expanding the firm’s US and non-US institutional business.

Winckworth Sherwood, the full-service UK law firm, appointed James Mabey as senior associate within the private client team. Mabey has more than 10 years’ experience in the private client sector, having recently practised in Bermuda where his work included the creation of trust structures, resettling trusts, as well as advising settlors, trustees and protectors on the structuring, interpretation and administration of trusts.

Bank Syz Ltd, the private banking arm of Syz Group, hired Charles-Henry Monchau as its chief investment officer - a new role for Bank Syz. Previously, there had been a CIO employed by Syz Asset Management (until the Oyster range’s sale) but never before has there been a CIO specifically employed by Bank Syz. Monchau, who worked for more than 25 years of international investment management, joined from FlowBank, where he was CIO and chief compliance officer.
Prior to that, he was CIO of Al Mal Capital (Dubai Investments), head of the asset allocation team for the EMEA region at Deutsche Bank and held various C-level positions in Geneva, Zurich, Dubai, Nassau and Paris. 

Edmond de Rothschild named Philippe Cieutat as chief financial officer of the group. Pierre-Etienne Durand, group head of strategy and a member of the executive committee, took on extended responsibilities in corporate development. He reports to François Pauly, head of EdR Group.

Fabrice Coille, head of group management control, was appointed CEO Edmond de Rothschild (France) and as a member of the executive board. Nicolas Giscard d'Estaing was appointed corporate secretary and a member of the executive board of Edmond de Rothschild (France). In particular, he is in charge of supervising the risk, permanent control and compliance functions, the role of head of information systems security, credit, and the institutional relations department.

Lastly, Sarah Arnett, director of communications France and the group brand, was named director of communications and brand for the group. She also reports to Pauly and is based in Geneva. 

Credit Suisse shareholders approved the election of Alex Lehmann and Juan Colombas to join the board of directors. Lehmann was also made the new chair of the risk committee, succeeding Richard Meddings, who had been acting as interim chair in addition to being chair of the audit committee. Colombas was also elected as a new member of the compensation committee, as proposed by the board of directors.

Julius Baer appointed Yvan Wicht as group head for Middle East and Africa, reporting to Régis Burger, sub-region head for Middle East and Africa at Julius Baer. Wicht succeeded Ali Nsouli who stepped down from the role to focus on his portfolio of clients, but remained market head for Lebanon. Wicht had previously worked at Deutsche Bank since 2011, serving in various leadership roles at the firm. His last position was global head wealth investment advisory Middle East and Africa, based in Geneva. 

Manchester, UK-based wealth advisory firm Artorius appointed Kate Thurman as a wealth planning partner. She works with Jane Fowke to provide wealth structuring and financial planning advice. The firm also hired Rebecca Critchley as compliance manager and Rihards Ignass as finance manager. 

Offshore litigation and dispute resolution firm Baker & Partner appointed Adam Crane, partner, and Nicosia Lawson, associate, to join the firm’s Cayman office.

Rothschild & Co appointed Donald Nartey as a client advisor in its UK wealth management business, based in London. Nartey joined from Cazenove Capital, where he began his career.

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North America

Raymond James welcomed financial advisor Jeff Little to Raymond James & Associates - the firm’s employee advisor channel - in Gadsden.

Operating as JL Wealth Management of Raymond James, Little was joined by branch associate and financial advisor trainee, Brock Little, and senior client service associate, Lynn Young. The team previously managed about $156 million in client assets at Wells Fargo and served a variety of clients including business owners, families and retirees.

The firm welcomed financial advisor Adam English to its employee advisor channel. English joined RJA’s branch location in Naples, Florida, led by Geoff Hunter. Along with senior client service associate Anne Mitchell, the team operates as English Wealth Management of Raymond James. English was previously affiliated with Merrill Lynch where he managed about $130 million in client assets. With more than 15 years of industry experience, English launched his career at Morgan Stanley. He later moved to Merrill Lynch Wealth Management in 2007 to join his father until his retirement in 2016, continuing the affiliation until this recent transition to Raymond James.

Raymond James welcomed financial advisors Eric Cornell and Patrick Shea in Palm Beach Gardens, Florida to its independent advisor channel. The advisors operate under the moniker of Helius Wealth Management. Other members include branch associates Margaret Scaparotti and Alana Cornell, as well as client service associates Josefine Troneby and John Nelson. 

BNY Mellon Wealth Management named Karen Sugihara as regional fiduciary manager. In this role, she leads the fiduciary business for California, as well as managing the delivery and fiduciary oversight of advisory-based services to clients. Sugihara is based in San Francisco and reports to Robert Kricena, president, West Region. Sugihara brings three decades of trust and estates experience in private banking, fintech, legal research and law practice to the role. 

The firm also named Rajesh Nakadi as head of investments in its global family office practice. In this role, he oversees family office client relationships, as well as supervising all investment strategies and leading the GFO investment team. Nakadi, who is based in New York, reports to Vincent Hayes, global head of the family office business. With more than 25 years’ investment and management experience, Nakadi was previously senior vice president, global family office at UBS Private Wealth Management for seven years, where he served as a relationship manager for strategic family offices, delivering investment solutions across institutional and wealth management platforms.

Cresset Asset Management appointed advisors Stuart Birdt and Amy MacLeod as wealth advisors, based in Santa Barbara, California. They previously served as wealth managers with Manchester Capital Management in Santa Barbara. 

Carson Group, the US financial service firm that is based in Omaha, Nebraska, appointed Gregg H Johnson as national sales director. He has 15 years of industry executive experience. In his previous role he was executive vice president and revenue acquisition, leading an acquisition effort for a group of six broker-dealer firms. 

Sanctuary Wealth added NobleVest Private Wealth, based in Springfield, Missouri. Three of NobleVest’s four founding partners, Geoff Stufflebam, Ken Roberts, and Shweta Agarwal had been with Morgan Stanley, while the fourth, Kraig Bode, was formerly with Ameriprise.

Argent Financial Group said Saiyida Gardezi completed the Chartered Financial Analyst® Program. She serves as a portfolio manager, based in Argent’s Dallas office, and reports to senior portfolio manager Robert Strauss, CFA. Gardezi relocated from Argent’s Oklahoma City office to Dallas. 

Moneta, the partner-owned group operating an RIA called Moneta Group Investment Advisors, appointed Andrew Kelsen as head of alternative investments. Kelsen reports to chief investment officer Aoifinn Devitt.

With 34 years of experience in senior-level positions, Kelsen leads Moneta’s external investment partners to build out additional private asset solutions for clients. Most recently, Kelsen worked with the Chicago Teachers’ Pension Fund. He worked as head of capital markets in private placements at a large RIA in Atlanta.

Investment firm Cambridge Associates appointed Melinda Wright as global head of diversity, equity, and inclusion. Wright reports to the firm’s chief executive, David Druley. She joined from the Walton Family Foundation where she worked on diversity and equity as important factors in its investment strategy and grant making.

Vestwell, a technology engine powering workplace savings and investing programs, hired Rob Molchon as its chief technology officer and promoted Ryan Anderson to chief product officer. 

Molchon, who has more than 25 years of experience as a technology leader, was previously the senior vice president of engineering at Integral Ad Science, where he created a global software development organization and was responsible for new product development, high-throughput data collection, big data processing, software quality and release engineering. Molchon took over duties for Vestwell’s previous CTO, John Skovron, who has been with the firm for nearly four years. Skovron was slated to retire in 2022. 

Anderson, who joined Vestwell in 2019 as the firm’s senior vice president of product and design, is responsible for leading Vestwell’s product roadmap. Prior to Vestwell, he was the chief product officer at Advizr. 

F2 Strategy, the wealthtech management consultancy, named Andrea Bornstein-Bayer as chief operations officer. Working in the wealthtech and banking sector as a consultant for more than 25 years, Bornstein-Bayer was the first C-suite hire at F2 Strategy. She has led technology and executive teams at financial institutions - including First Republic Bank and Wells Fargo.

Brandywine Oak Private Wealth appointed Chris Smith as founding tax partner of its new business line aimed at tax advisory. Smith, who is also the director of tax, has more than 15 years of public accounting experience.

Steward Partners Global Advisory, an employee-owned, full-service wealth management firm associated with Raymond James, promoted Doug Kentfield to president. He was previously head of wealth management for the past two years. Kentfield started his career as a financial advisor with EF Hutton, then spent 12 years with Smith Barney as a branch manager, regional director and divisional director.

After Smith Barney’s acquisition by Morgan Stanley in 2009, he merged the two wealth management organizations into a single platform. Prior to joining Steward Partners, Kentfield served as a senior advisor for NextShares Solutions.

Kohlberg Kravis Roberts named two new co-chief executives. Joe Bae and Scott Nuttall took up the slots, and co-founders Henry Kravis and George Roberts remained actively involved as executive co-chairmen of KKR. Bae and Nuttall joined KKR in 1996 and served as co-presidents and co-chief operating officers of KKR since July 2017.

Integrated Wealth Management, a registered investment advisor based in Scottsdale, Arizona, joined Carson Partners. IWM is led by Brent S Pine, managing director, partner and wealth advisor.

Intergy Private Wealth, a Colorado Springs financial planning team, teamed up with Dynasty Financial Partners. In total, there are eight people joining Intergy Private Wealth from Northwestern Mutual, including three advisors: Mark Perrault, president, managing partner; Charlie Dunn, MP; and Geoffrey Thomas Schaefer, wealth advisor.

Lombard Odier Investment Managers named Dr Lorenzo Bernasconi as head of climate and environmental solutions. Dr Bernasconi is based in New York. The role is a new one at the Swiss bank.

Apollon Wealth Management hired a former UBS team in the Portland, Maine market. William “Torey” Carr leads a team of five financial professionals, shifting to Apollon’s full-service wealth management platform.

GAM Investments appointed Nick Tan and Ian Walker as director, business development. Tan and Walker are based in New York and Chicago, respectively. Tan previously worked at Conning, where he was a consultant relations manager, responsible for managing relationships with global and regional investment consultants and outsourced chief investment officer providers. Walker joined GAM from Calamos Investments, where he spent 11 years. 

Stonehage Fleming, the multi-family office, named Johan van Niekerk to the newly-created position of head of family office (US). Van Niekerk joined Stonehage Fleming in 2007 and, prior to his new appointment, served as partner and head of family office (Neuchatel, Switzerland). His main focus will be to further develop Stonehage Fleming’s family office offering in North America. Van Niekerk is based in the Philadelphia office and reports to Peter Rosenberg, head of North America.

The MFO also appointed Joshua Runyan to expand its US family office team, where he concentrates on assisting US families with their tax and succession planning. An attorney, he practiced law at Montgomery, McCracken, Walker & Rhoads LLP and served as a member of the firm’s benefits committee. Before that Runyan worked as senior editorial director of a regional publishing firm and has also served as an editor-in-chief. He reports to partner and head of North America, Peter Rosenberg.
 

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Asia-Pacific
Pictet and Bangkok Bank unveiled a strategic wealth management alliance to tap into Thailand's emerging wealth story. Claude Haberer, a Pictet equity partner and chairman of the wealth management arm in Asia, joined Bangkok Bank as an advisor to the president from January 2022 after he retired from Pictet.

 

Value Partners appointed June Wong as president. Based in Hong Kong, she is responsible for managing overall business operations and corporate strategy for the group. The former State Street Global Advisors regional head reports to co-chair and co-chief investment officers Dato’ Seri Cheah Cheng Hye and Louis So. 

Wong was most recently Asia ex-Japan chief executive for State Street Global Advisors, and before that served as vice chair for Asia Pacific at Columbia Threadneedle. The 30-year veteran has had a number of senior roles in the region, including senior managing director and head of Asia ex-Japan institutional business at AllianceBernstein and head of business development at HSBC Asset Management.

Hines, the international real estate firm, appointed Jon Tanaka as senior managing director and country head for Japan. Reporting to Ray Lawler, CEO of Asia-Pacific.

Union Bancaire Privée appointed two senior sectorial analysts – Vey-Sern Ling and Nicolas Wang – who covers Asia technology and healthcare.

Ling joined UBP in Singapore as senior equity advisor, Asia technology. Ling oversees technology and internet equity coverage in Asia, with a particular focus on China. Prior to joining UBP, Ling was a senior analyst with Bloomberg Intelligence covering the Asia Internet sector. He previously held senior positions with BNP Paribas and UBS.

Wang. who joined the firm in Hong Kong as senior equity advisor, Asia healthcare, oversees healthcare equity coverage in Asia, with a particular focus on China. Before joining UBP, Wang was a managing director at Haitong International Research.

DBS Group named Soh Kian Tiong as its chief risk officer. He took over from CRO Tan Teck Long, who left the bank to return to a customer-facing role. Soh reports to DBS chief executive Piyush Gupta.

Standard Chartered appointed Vinay Gandhi as regional head, for the ASEAN region, and global head of the Global South Asian Community, private banking, subject to regulatory approval. He joined from J Safra Sarasin, where he was most recently chief executive for Singapore and deputy CEO, Asia. Gandhi has 30 years of international experience in the financial services industry, of which the majority has been in wealth management. He has managed senior client advisory teams as well as having served ultra-high net worth families.

Deutsche Bank Wealth Management appointed Tse Yi-Mun as a managing director and group head for North Asia. Based in Singapore, Tse reports to Kanas Chan, head of Wealth Management North Asia. Tse joined from HSBC where she was the market head for Hong Kong. She began her career at DBS and ABN AMRO where she was a relationship manager and desk head covering the Greater China region.

Indosuez Wealth Management appointed Josephine Tom as fixed income specialist for the bank’s Hong Kong branch. Tom has more than 20 years’ experience specialising in fixed income. Prior to joining Indosuez, she spent 16 years with DBS Bank in Hong Kong, where she was fixed income sales head for more than two years. 

Pictet Wealth Management appointed Alexandre Tavazzi as Asia chief investment officer. He had been global strategist and head of CIO Office for the firm. Based in Hong Kong. Tavazzi retained his existing duties and continues to report to Cesar Perez Ruiz, head of investments and CIO, and locally to Evelyn Yeo in the additional role.

Former Bank of Singapore managing director Faye Lee joined Deutsche Bank Wealth Management as an MD in the South-East Asia team led by Shang-Wei Chow. Based in Singapore, she reports to Terence Leong, group head of South-East Asia. She has more than 17 years of wealth management experience. Prior to Bank of Singapore, Lee was with ING Asia Private Bank, which was acquired in 2009 by OCBC Bank from ING Group.

Capital Group appointed Toby Chan to the newly-created role of head of Hong Kong client group. Based in Hong Kong, Chan is responsible for the firm’s distribution strategy for intermediary and institutional clients in Hong Kong and the Greater Bay Area. She reports to Grant Leon, managing director of financial intermediaries for Europe and Asia at Capital Group. Most recently she was HSBC’s global head of Jade and Top Tier Proposition, managing the bank’s affluent and high net worth client segment.  In her 15 years with HSBC, she held various senior positions across asset management and wealth management, amongst others.

Global law firm Dechert named senior lawyer Daniel Margulies as a partner in its financial restructuring practice, based in Hong Kong. Margulies has extensive experience in financial restructuring and insolvency matters, distressed asset sales as well as cross-border and special situation financings.

Barclays named Angela Liu as country chief executive for China. Liu reports to Jaideep Khanna, head of Barclays, Asia-Pacific. With almost two decades in the banking industry, Liu recently worked at Deutsche Bank as head of institutional client group, China and Hong Kong, where she led client coverage and distribution across its entire product spectrum. Prior to that, Liu worked at Morgan Stanley for more than 17 years in New York and Hong Kong.

Credit Suisse named Thidatip Thitikarunwong as a team leader. Based in Bangkok, she leads a new Thailand onshore group, which includes newly-appointed relationship managers Nakkagamon Manosri and Naphak Tachasiriamorn. Prior to this, she worked at CIMB Thailand where she was a private banking team head. Thitikarunwong has 20 years of experience in various leadership and relationship management roles, including 10 years with Citibank Thailand and UOB Thailand. 

RBC Wealth Management made two senior appointments in its relationship management team in Hong Kong. Fenny Chan and Angela Chow joined as directors at the team, working with high net worth and ultra HNW clients in the region. They focus on working with families in Greater China who have international ties with Canada, the US and the UK as a result of business interests, employment, property or education.

Chan previously spent 25 years in senior client roles at HSBC, where she provided wealth solutions across banking, investment advisory and wealth planning. 

Chow previously worked at Credit Suisse, where she was vice president, relationship manager. Earlier in her career, she worked at BNP Paribas, LGT and Citibank (HK). Both report to Xygent Chan, who joined the firm earlier this year.

Credit Suisse appointed five team leaders for its north Asia private banking business. 

Sunny Ho joined the bank as team leader for the Hong Kong market. Ho was previously head of private banking at China Minsheng Bank where he was responsible for the development and implementation of business strategies. Prior to that, Ho worked at HSBC, Citibank and Societe Generale. In his new role, he reports to Rickie Chan, market group head of Hong Kong.

Edith Wong, who joined as team leader for the China market, has more than 20 years of experience in the financial services industry, working with ultra-high net worth clients. She previously served in a similar role at JP Morgan Private Bank. Before that Wong spent 12 years at UBS Wealth Management in Hong Kong. She will report to Martin Loh, market group head of China.

Mel Chua was named team leader for Greater China Singapore. He served as the head of front office [business] at the Bank of China Private Bank, starting in 2018. Before that, Chua worked at Bank of Singapore (Hong Kong Branch), UBS and HSBC Singapore. Chua reports to John Huang, market leader, Greater China Singapore, and Huang reports to Eddy Sze, market group head of Hong Kong.

Edward Lee, who has worked for Credit Suisse since 2008, was made team leader for the Hong Kong market. Previously, he was a senior investment consultant for Greater China, where he was responsible for driving investment sales momentum and client engagement. Besides Credit Suisse, he has served in senior roles at HSBC and Citibank. 

Steven Lau, who has worked at Credit Suisse for more than five years, was appointed team leader in the Hong Kong market. Prior to joining the bank, Steven was with Marex Spectron, BNP Paribas and Ernst & Young. He reports to Eddy Sze, market group head of Hong Kong.

Cédric Lizin, regional head, ASEAN and South Asia, and global head, global South Asia community, private banking, left the bank. Lizin was appointed to his role in December 2019. Prior to Standard Chartered, he was most recently head of wealth management and senior executive officer for UBS in Dubai. 

Credit Suisse shareholders approved the election of Alex Lehmann and Juan Colombas to join the board of directors. Lehmann was also made the new chair of the risk committee, succeeding Richard Meddings, who had been acting as ad interim chair in addition to being chair of the audit committee. Colombas was also elected as a new member of the compensation committee as proposed by the board of directors.