The latest roundup of moves in wealth management from across the world. August may be a vacation month for many people, but it wasn't quiet for moves and appointments.

UK moves
Sandaire appointed Warwick Newbury as chairman of its multi-family office.  Newbury left Kleinwort Hambros. Newbury replaced the firm’s founder Alex Scott, who continued as chairman of parent company Applerigg. During his 50-year career in the banking industry, Newbury held various high-level positions at Coutts and Kleinwort Hambros.

Stonehage Fleming appointed Eva Sheppard as senior director within its investment management division. She is based in London and reports to Mark Sullivan, partner.
Prior to Stonehage Fleming, Sheppard was at EFG Private Bank, where she was a senior director. She has also held roles at HSBC Private Bank and Svenska Handlesbanken. Sheppard has over 20 years’ experience in the industry.

Newton Investment Management, part of BNY Mellon Investment Management, hired Curt Custard as chief investment officer. Newton IM also promoted Julian Lyne, global head of distribution, to take on an expanded role as chief commercial officer. Andrew Downs and James Helby remained as chief operating officer and chief risk officer respectively. Custard joined Newton IM from UBS Asset Management, where he was group managing director and head of investment solutions in London and Chicago.

Sanlam UK appointed ex-Close Brothers Asset Management head of private client, Penny Lovell, to launch its new private office operation. She assumed the role of chief executive of Sanlam Private Office, reporting to group CEO, Jonathan Polin. At Close Brothers Asset Management Lovell spent the last five years as head of private client service. Previously she was managing director at Rothschild Wealth Management, and has held senior positions at Fleming Family & Partners and Coutts.

Andrew Butler-Cassar, head of the private office for Investec Wealth & Investment UK, left the firm. Butler-Cassar held the role from June 2013, based in the UK. Prior to this, he was head of corporate development from August 2012 to June 2013. From 2002 through to 2012 he held a number of senior roles at Williams de Broe.

T Rowe Price appointed Maria Elena Drew as director of research, responsible investing. She reports to Rob Sharps, group chief investment officer and co-head of global equity and she is based in London. Prior to T Rowe Price, Drew was at Goldman Sachs Asset Management, where she worked for nine years as an equity analyst, portfolio manager and ESG specialist.

Dutch-based asset manager Robeco appointed two new executive committee members: Martin Nijkamp, head of strategic product & business development, and  Maureen Bal, company secretary.
 
Nijkamp previously worked at NN Investment Partners and has 30 years of experience in the asset management industry. Bal focuses on legal affairs and compliance as an executive committee member. She has 25 years of experience in the financial services industry. Prior to joining Robeco, she was director corporate affairs & eneral counsel as well as a member of the management team of APX Holding.

London-based investment manager Downing appointed Michael Tefula to its specialist ventures investment team. Tefula recently completed his MBA at Oxford University and joined Downing Ventures as an associate. He previously worked at the Oxford Seed Fund, Business Growth Fund, and Deloitte.

UK-headquartered Legal & General Investment Management, part of Legal & General, appointed Nigel Masding as a lead manager of the firm’s Real Income Builder Fund, a role placed within the firm’s Active Equity team. He reports to Nick Hartley, head of Inflation Plus strategies within the Active Equity team.

L&G Real Income Builder Fund is a fund launched in January 2015 for long-term income-0oriented institutional and retail investors. Masding joined LGIM from Longview Partners, an asset manager, where he was a partner and global equities research analyst. He has also held positions at HSBC Halbis Capital Management.

The firm also appointed Stephen Message as a fund manager within the Active Equity team. He concentrates on UK income strategies and will report to Rod Oscroft, head of the High Alpha and Global Equity Income teams. Message also held roles at Old Mutual Global Investors, managing the Old Mutual UK Equity Fund, and at Bessemer Trust, where he was an equity fund manager.  

Barclays also appointed Bjorn Holderbeke as Middle East and North Africa head of investments for its private bank. Over the past 15 years, Holderbeke held a range of senior positions across regional and global financial institutions; these include head of investment counseling at ABN AMRO Private Bank, head of investment counseling for the Middle East team at Emirates NBD Private Bank, and investment advisor at Citi Private Bank. He holds a BA in Economics and Entrepreneurial Leadership from Tufts University. He is based in Dubai.

HSBC named Steve Beddow as its chief risk officer in the Channel Islands and the Isle of Man. He joined the bank in 2001, holding senior roles in Canada, France, Dubai and Mexico. Most previously, he was chief risk officer for HSBC’s private bank in Monaco.

Leeds-based advisor support group Tenet appointed Keely Craig to the role of group finance director. Craig has held senior roles for the last 16 years, primarily in the financial sector, and was previously finance director at Skipton Financial Services. Craig is a fellow of the Institute of Chartered Accountants in England and Wales.
Alan Howard, co-founder of Brevan Howard Asset Management, returned to London for family reasons. Ironically, his move came when the media were full of stories - of varying levels of credibility - about how the UK's departure from the European Union is going to encourage many financial firms to quit the UK so as to retain access to the EU Single Market. However, in the case of Switzerland, the country does have Single Market access but isn't an EU member.

Venerable German private bank Merck Finck confirmed that it appointed former Julius Baer senior figure Daniel Kerbach in September as its chief investment officer.
At Julius Baer, Kerbach was deputy CIO and global head of discretionary investment solutions.

Jersey Finance appointed Amy Bryant as deputy chief executive (DCEO). Bryant is also on the board of Jersey Finance. Bryant extended her existing responsibilities as chief operating officer (COO) and head of strategic projects for Jersey Finance to include CEO deputising responsibilities across the entire organisation. She joined the firm in 2011 and has been COO since 2014.

UK-based financial planner Tilney bolstered its Birmingham office with the appointment of chartered financial planner Jane Garrick. Garrick joined from Santander where she was a private banker for two years. Before that, she spent over 25 years at Lloyds Banking Group, where her last role was private banking manager.

The Central Bank of Bahamas appointed Derek Rolle as deputy governor; he took over from Michael Lightbourne, whose tenure as deputy governor ended on 30 June.
A 28-year veteran of the Central Bank, Rolle has served in various positions within the firm, most recently as senior manager and head of the banking department.

UK-based firm Hargreave Hale re-hired Doug Jones as an investment manager at the firm’s Lancaster office. Jones, formerly an assistant branch manager at Hargreave Hale’s Blackpool office, re-joined the company from Hedley & Co Stockbrokers.  He has previously held various roles at RBS, Deutsche Bank AG and UBS.

Quilter Cheviot, part of Old Mutual Wealth, strengthened its presence in London with the appointment of two members to its business development team. Brian Donald and Tom Kesterton joined Quilter Cheviot’s London office. These appointments followed the promotion of David Butler to strategic accounts director, and the recent appointments of Jonathan Buttress and Edward Walker as regional development managers.

Donald previously worked at AXA Wealth as a business development manager, and is responsible for Quilter Cheviot’s business development activities in central London. Kesterton joined from Artemis Fund Managers, where he was head of sales support and a sales executive. They both report to Andrew McGlone, managing director, London.

Pemberton Greenish, a property, private wealth and corporate law firm based in London, appointed Simon Slater as chief executive. Slater was previously CEO of Thomson Snell & Passmore and succeeded outgoing chief executive Robert Graham-Campbell who is moving to take up a new role in Scotland after serving the firm for six years.

The new CEO boasts more than 28 years of experience in the management and leadership of professional service firms including Charles Russell (now Charles Russell Speechlys), DTZ (now Cushman & Wakefield), Eversheds (now Eversheds Sutherland) and Taylor Wessing.  

Aviva Investors, the global asset management business of Aviva, appointed of Sunil Krishnan as head of multi-asset funds. In this new role, Krishnan oversees the teams managing multi asset portfolios across institutional and retail clients. He is based in London, reporting to Peter Fitzgerald, global head of multi-assets.

He joins from Santander Asset Management, where he was a senior portfolio manager responsible for outcome-oriented funds and asset allocation strategy. Additionally, Gavin Counsell was appointed as a manager on the Aviva Investors Multi Strategy (AIMS) Target Income Fund. He has been with Aviva Investors for over five years and has considerable experience of managing sizeable multi-asset funds including multi-asset income funds, and has worked closely with the AIMS team since the launch of the fund in 2014. He joined the four-strong fund management team led by Peter Fitzgerald and replaced Nick Samouilhan, who is leaving the business to pursue another opportunity.

Pictet Asset Management appointed Evan Pearce to its alternative investments group. He formerly head of Pine Rival Capital’s European credit business. Pearce, based in London, worked with Kazik Swiderski and Maani Hariri. He had previously held the same role at hedge fund group Citadel Investment Group between 2005 and 2009.

HSBC Private Banking named Sai Tampi global head of funds and exchange traded funds. Based in London, he is responsible for the development and distribution of the firm's funds and ETFs. Tampi reports to Henry Lee, head of managed investment solutions, global private banking. He joined from Standard Life Investments, where he was head of business development for global strategic alliances.

Deutsche Bank Wealth Management appointed Paul Arni as head of the firm’s operation in Switzerland. Arni leads the newly-created market region of Switzerland domestic, where he will focus on Swiss-based wealth management clients. He is based in Zurich, and reports to Peter Hindler, head of wealth management Europe, Middle East and Africa. He joined the firm from Julius Baer, where he was market head of Zurich and deputy regional head of Switzerland.

Falcon Private Wealth appointed Daniel Gerber as the new chief executive based in London. He succeeded Simon Gaston, who pursued an opportunity elsewhere. Gerber previously worked at EFG International, where he was head of private banking in the UK, a role he has held since 2012. Prior to EFG, he was chief operating officer and CEO at Julius Baer International in London.

Hargreaves Lansdown, a UK-based investment manager, appointed Fiona Clutterbuck and Roger Perkin as independent non-executive directors. Clutterbuck is head of strategy, corporate development and communications at Phoenix Group, and is a non-executive director, senior independent director and chair of the risk committee at the Paragon Group of Companies.

First Names Group appointed Stacy Withe as client services director of its Jersey office. Withe previously worked with an independent trust company where she focused on client relationship management and service delivery for ultra-high net worth clients. She has 20 years' experience in the financial services industry.

London-based Edge Investments, a specialist investment house concentrating on the creative industry, appointed Steve Carle to the role of chief investment officer for the firm’s Edge Performance VCT, a venture capital trust. The appointment was a promotion for Carle, who joined Edge in 2015 as investment director following 20 years at 3i Group and LDC, which are mid-market private equity companies.

Terry Back, a media asset specialist and former partner of Grant Thornton’s Media and Entertainment sector group, joined Edge’s board.

Investment management and stockbroking firm Redmayne-Bentley expanded its Cambridge office with the addition of investment manager Jonathan Adams. Adams joined from Fieldings Investment Management, with whom he had been an investment manager since 1993. He started his career with Laurie Milbank/Chase Manhattan, before moving to Panmure Gordon where he was assistant director. In 1986, he joined Baring Brothers, where he held specialist responsibilities for UK and US clients and was a member of the strategy committee.

Financial technology firm Avaloq named Stefan Benz head of digital and front to head up its digitisation strategy. He reports to Thomas Beck, the company's group chief technology officer. The appointment saw Benz join Avaloq's executive board.
In total, he has more than 20 years' experience in financial services, and has work at IBM, Credit Suisse and Zurich Financial Services.

A range of senior lawyers and experts in cross-border issues for high net worth individuals and families joined the advisory committee and governing board of the Investment Migration Council, the Geneva-headquartered organisation.

The new appointees: Nadine Goldfoot, Partner, Fragomen, UK (governing board); Ronald Klasko, managing partner, Klasko Immigration Law Partners, US (governing board); Alexander Varnavas, Attorney-at-Law, Varnavas Law Firm, Greece (advisory committee); Inigo Lecanda Crooke, Attorney-at-Law, Lecanda Immigration & Nationality Law, Spain (advisory committee); Michael Frendo, managing director, Frendo Advisory, Malta (advisory committee), and Edward Beshara, founder and managing partner, Beshara Professional Association, US (advisory committee).

Insight Investment, a leading global investment manager, appointed Angus Woolhouse as global head of distribution. Woolhouse has more than 20 years’ experience within the asset management industry and was most recently global head of distribution at Barings Asset Management.

London-based investment firm TIME Investments appointed Simon Clark as a specialist business development manager for the TIME income funds division. He is responsible for promoting the firms’ long income funds. Clark was previously with Aviva Investors, where he was senior wholesale sales director. He has spent 25 years in the UK wholesale market and held roles at several firms including Fidelity, M&G and Gartmore.

Two directors at Mattioli Woods resigned from the board as part of an internal review into the company’s governance. Chief operating officer Mark Smith, and employee benefits managing director Alan Ferguson resigned. The board comprises Joanne Lake, independent non-executive chairman; Ian Mattioli, chief executive; Murray Smith, group managing director; Nathan Imlach, chief finance officer; and Anne Gunther and Carol Duncumb, independent non-executive directors. Both Smith and Ferguson remain on the senior executive management team.

Investment firm Quilter Cheviot, which is part of Old Mutual Wealth, hired David Jupp to become the head of its Birmingham office. Jupp replaced Sean Raftery, who became an executive director at Quilter Cheviot. He joined the firm from Capel Cure Sharp in 1999, and was previously deputy head of the company's Midlands office.

Rathbone Brothers appointed Jim Pettigrew as senior independent director. The announcement followed his appointment as an independent non-executive director on its audit, risk and remuneration board in March. Pettigrew is currently chair of Scottish Financial Enterprise. He is also the chair on the board at CYBG, the parent business of Clydesdale Bank. He Pettigrew has held a series of senior positions across the UK asset management industry, including chief operating officer at emerging markets investment manager Ashmore and group treasurer of Sedgwick Group.

LGT Vestra, the privately-owned wealth manager, appointed Lynsey Carson as business development director. Carson is responsible for developing LGT Vestra’s growing relationships with financial advisors and professional intermediaries in Scotland. She has over 16 years' experience in the financial services industry and has been with LGT Vestra for four years. Prior to LGT Vestra, Carson held senior positions at RBS and Natwest Private Banking, Coutts & Co and latterly Butterfield Private Bank.

Schroders appointed Stephen Bowles as head of delegated sales, and promoted Tim Horne as head of UK defined contribution. Bowles, who has more than 20 years' experience working in pensions, has specific responsibility for the distribution of the firm’s growing fiduciary management business. He reports into John Griffiths, head of UK institutional sales and business development. Horne joined Schroders in 2011 from what was then Towers Watson, where he had been a senior investment consultant. He will also report into John Griffiths.

Liontrust, the UK fund manager, appointed two fixed income specialists. David Roberts and Phil Milburn are due to join Liontrust’s Edinburgh office in early 2018. They both have experience in managing fixed income funds. Roberts has been head of the fixed income team at Kames Capital, and Milburn was head of investment strategy for the team at Kames.

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Brooks Macdonald, the investment manager, appointed Ben Chandler as investment manager in its Guernsey office. Chandler works with investment director, Mark O’Connor, and is responsible for managing a range of bespoke discretionary portfolios as well as maintaining and developing client relationships.  

He holds a Level 6 Certificate in Private Client Investment Advice & Management and joined from Butterfield Bank where he worked for 18 years as an investment manager.

Irwin Mitchell Private Wealth recruited two new partners to its Newbury and Chichester offices in the tax, trusts and estates team. Joining from Hunters in London, partner Andrew Parry has expertise in lifetime and post-death tax and succession planning, wills, trusts and powers of attorney. He also has significant experience of advising the owners of landed estates and rural businesses, private individuals, trustees of private trusts and charities. He joined the firm's Newbury office.

David Bird was appointed to join Irwin Mitchell Private Wealth’s Chichester office. Bird has expertise in tax and trust law and advises on tax planning for a variety of clients including business owners, shareholders in private companies and families with inherited wealth. He also creates trusts, wills and lasting powers of attorney and advises on existing structures.

UBS appointed two new executive directors to its wealth management, global emerging markets team, based in London. Ertug Aydin joined as a relationship manager, working with ultra-high net worth clients in Turkey. For the previous four years he was at Citi Private Bank, and before that at Maxis Investments. He reports to Dr Baris Serifsoy, head of Turkey, Israel, Greece & Latin America in London. Andrey Zubarev joined as a RM focused on growing our franchise with UHNW clients in Russia and CIS. He transferred from UBS Investment Bank where he held roles in corporate client solutions, covering Russia and CIS, and the infrastructure sector. He was previously at Credit Suisse and ING.

State Street Global Advisors (SSGA), has appointed Rakhi Kumar as head of environmental, social and governance (ESG) and asset stewardship, reporting to Lynn Blake, chief investment officer for SSGA’s global equity beta solutions, the firm said in a statement.

In this expanded role, Kumar and her team will be responsible for providing socially responsible investment strategies and steward the firm's clients’ assets globally.

Rakhi will lead a team across SSGA’s ESG investments and asset stewardship groups, including Chris McKnett, head of ESG strategists. In this role, Chris will lead a team of ESG strategists responsible for developing product and driving thought leadership content.

Additionally, Robert Walker has been appointed head of Europe, Middle East and Africa for the asset stewardship group. Previously, Walker managed ESG research activities at HSBC Bank.

AltFi Data appointed Louisa Pires as head of its sales and account management function. Pires has more than 30 years' experience global finance. She worked as managing director at Merrill Lynch, Dresdner Bank, and UniCredit where she managed teams distributing structured credit, and other fixed income products, to institutional, banking and corporate investors.

Waverton Investment Management appointed William Dinning as a head of investment strategy and communications, with immediate effect. Dinning joined Waverton’s asset allocation committee and he is responsible for directing the external communication of the firm’s investment views to both existing and potential clients. He is also responsible for co-ordinating the firm’s "top-down" investment strategies and helping mentor younger members of the investment team. He has over 30 years’ experience having worked for firms including UBS Warburg, Merrill Lynch and Kames Capital across London, Hong Kong, Edinburgh and New York. Most recently, he was head of investment strategy at Coal Pension Trustees, where he helped to run the pension schemes.

Raymond James expanded its operation in Mayfair with a new branch, which is being opened by Luke Evans, wealth manager & branch principal. The office operates as Raymond James, Mayfair. Evans began in wealth management at Brewin Dolphin, and worked his way up over the years. One of his most formative experiences was helping facilitate the merger of two offices, which established his strong understanding of the importance of building close relationships with clients. Luke also has extensive experience of working across two offices in the Home Counties and advising clients across multiple aspects of wealth management.

Raymond James has opened a new branch based in Aldbourne, Wiltshire, which is managed by James Maltin and trades as Ridgeway Investment Management. The business offers investment led propositions to clients throughout the UK. Maltin has 15 years' experience managing private client portfolios at both HSBC Investment Bank and Rathbones.

Lloyds Private Bank boosted its wealth investment office, hiring Christopher Ighodaro as portfolio specialist. Ighodaro reports to Jon Wingent, head of portfolio specialists. He joins from Close Brothers Asset Management, where he was a portfolio director, responsible for presenting the investment proposition to financial professionals.

Tilney recruited Matthew Tribe to its Bristol office as a financial planner. He joined from Santander where he was a financial planning manager. Prior to this, he held financial planning roles since 2011 at both Charles Derby and A-Plan Assurance.

Investec Wealth & Investment hired two new financial planning directors, Lee Burberry and Gary Taylor, who will join its Liverpool and Manchester offices, respectively.  Both join the firm from Rathbones, where they provided to clients on all aspects of financial planning. Each of the men have more than 30 years' industry experience.

Smith & Williamson appointed Angus Abraham as business manager. Abraham joined Smith & Williamson from City Financial, where he was head of operations overseeing its UCITS division. He is based in London and reports to Ed Rosengarten, head of funds at Smith & Williamson.

Financial services provider SANNE appointed Sam Metland as director of product development to enhance its technology and product development capabilities. Metland is based in London. He has more than 10 years of industry experience, and has worked in New York, Luxembourg, Singapore and the Channel Islands.

Wealth manager Charles Stanley appointed five new members to its financial planning division. Julie Goodman was appointed as a financial planner and is based in London. Goodman previously worked at Bellpenny.

Anne McClean was appointed as a financial planner.  She joined Charles Stanley’s London office from Mercer & Hole. David Hume was appointed as a financial planner and is based in the London office. Hume joins from Close Brothers Asset Management. Adam Swift was appointed as a paraplanner and will be based in the London office. Swift joined from Bellpenny.

David Morris was appointed financial planning advice manager and is based in the Birmingham office. Morris joins from Arthur J Gallagher & Co.

GAM appointed Perhad Merwanji as portfolio director of private clients and charities. Merwanji is based in London and reports to Kier Boley and Andrew Jenkins, who co-head GAM’s managed portfolio solutions team. Prior to GAM, he worked at UBS Wealth Management, where he was head of portfolio advisory and capital markets for 11 years.

Quilter Cheviot appointed Edward Walker as regional development manager for the South West. Walker reports to James Rodgers, head of Quilter Cheviot’s Bristol office. He is responsible for fulfilling the firm's new business targets, as well as developing new and existing relationships with financial advisors and other professional entities. He joined from Zurich Insurance Group, where he worked as a business account manager and a platform consultant for over six years.

Investcorp, a global provider and manager of alternative investment products, appointed Mohamed El-Erian as chair of its international advisory board.  El-Erian has been chief economic advisor at Allianz and chair of its international advisory board. Prior to Allianz, he was chief executive and co-chief investment officer at PIMCO from 2007-14.

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International, rest of world
Dubai-based Mashreq Bank appointed Vipul Kapur as its new head of private banking. Kapur replaced Rajesh Malkani, who left the bank to join another firm. Kapur has 25 years’ experience in the financial services sector. Previously, he worked at Citibank and was based in India, Bahrain, Dubai, Singapore and London.

Stonehage Fleming appointed Eva Sheppard as senior director within its investment management division. She is based in London and reports to Mark Sullivan, partner.
Prior to Stonehage Fleming, Sheppard was at EFG Private Bank, where she was a senior director. She has also held roles at HSBC Private Bank and Svenska Handlesbanken. Sheppard has over 20 years’ experience in the industry.

Newton Investment Management, part of BNY Mellon Investment Management, hired Curt Custard as chief investment officer. Newton IM also promoted Julian Lyne, global head of distribution, to take on an expanded role as chief commercial officer. Andrew Downs and James Helby remained as chief operating officer and chief risk officer respectively. Custard joined Newton IM from UBS Asset Management, where he was group managing director and head of investment solutions in London and Chicago.

Sanlam UK appointed ex-Close Brothers Asset Management head of private client, Penny Lovell, to launch its new private office operation. She assumed the role of chief executive of Sanlam Private Office, reporting to group CEO, Jonathan Polin. At Close Brothers Asset Management Lovell spent the last five years as head of private client service. Previously she was managing director at Rothschild Wealth Management, and has held senior positions at Fleming Family & Partners and Coutts.

Andrew Butler-Cassar, head of the private office for Investec Wealth & Investment UK, left the firm. Butler-Cassar held the role from June 2013, based in the UK. Prior to this, he was head of corporate development from August 2012 to June 2013. From 2002 through to 2012 he held a number of senior roles at Williams de Broe.

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T Rowe Price appointed Maria Elena Drew as director of research, responsible investing. She reports to Rob Sharps, group chief investment officer and co-head of global equity and she is based in London. Prior to T Rowe Price, Drew was at Goldman Sachs Asset Management, where she worked for nine years as an equity analyst, portfolio manager and ESG specialist.

Dutch-based asset manager Robeco appointed two new executive committee members: Martin Nijkamp, head of strategic product & business development, and  Maureen Bal, company secretary.
 
Nijkamp previously worked at NN Investment Partners and has 30 years of experience in the asset management industry. Bal focuses on legal affairs and compliance as an executive committee member. She has 25 years of experience in the financial services industry. Prior to joining Robeco, she was director corporate affairs & eneral counsel as well as a member of the management team of APX Holding.

London-based investment manager Downing appointed Michael Tefula to its specialist ventures investment team. Tefula recently completed his MBA at Oxford University and joined Downing Ventures as an associate. He previously worked at the Oxford Seed Fund, Business Growth Fund, and Deloitte.

UK-headquartered Legal & General Investment Management, part of Legal & General, appointed Nigel Masding as a lead manager of the firm’s Real Income Builder Fund, a role placed within the firm’s Active Equity team. He reports to Nick Hartley, head of Inflation Plus strategies within the Active Equity team.

L&G Real Income Builder Fund is a fund launched in January 2015 for long-term income-0oriented institutional and retail investors. Masding joined LGIM from Longview Partners, an asset manager, where he was a partner and global equities research analyst. He has also held positions at HSBC Halbis Capital Management.

The firm also appointed Stephen Message as a fund manager within the Active Equity team. He concentrates on UK income strategies and will report to Rod Oscroft, head of the High Alpha and Global Equity Income teams. Message also held roles at Old Mutual Global Investors, managing the Old Mutual UK Equity Fund, and at Bessemer Trust, where he was an equity fund manager.  

Barclays also appointed Bjorn Holderbeke as Middle East and North Africa head of investments for its private bank. Over the past 15 years, Holderbeke held a range of senior positions across regional and global financial institutions; these include head of investment counseling at ABN AMRO Private Bank, head of investment counseling for the Middle East team at Emirates NBD Private Bank, and investment advisor at Citi Private Bank. He holds a BA in Economics and Entrepreneurial Leadership from Tufts University. He is based in Dubai.

HSBC named Steve Beddow as its chief risk officer in the Channel Islands and the Isle of Man. He joined the bank in 2001, holding senior roles in Canada, France, Dubai and Mexico. Most previously, he was chief risk officer for HSBC’s private bank in Monaco.

Leeds-based advisor support group Tenet appointed Keely Craig to the role of group finance director. Craig has held senior roles for the last 16 years, primarily in the financial sector, and was previously finance director at Skipton Financial Services. Craig is a fellow of the Institute of Chartered Accountants in England and Wales.
Alan Howard, co-founder of Brevan Howard Asset Management, returned to London for family reasons. Ironically, his move came when the media were full of stories - of varying levels of credibility - about how the UK's departure from the European Union is going to encourage many financial firms to quit the UK so as to retain access to the EU Single Market. However, in the case of Switzerland, the country does have Single Market access but isn't an EU member.

Venerable German private bank Merck Finck confirmed that it appointed former Julius Baer senior figure Daniel Kerbach in September as its chief investment officer.
At Julius Baer, Kerbach was deputy CIO and global head of discretionary investment solutions.

Jersey Finance appointed Amy Bryant as deputy chief executive (DCEO). Bryant is also on the board of Jersey Finance. Bryant extended her existing responsibilities as chief operating officer (COO) and head of strategic projects for Jersey Finance to include CEO deputising responsibilities across the entire organisation. She joined the firm in 2011 and has been COO since 2014.

UK-based financial planner Tilney bolstered its Birmingham office with the appointment of chartered financial planner Jane Garrick. Garrick joined from Santander where she was a private banker for two years. Before that, she spent over 25 years at Lloyds Banking Group, where her last role was private banking manager.

The Central Bank of Bahamas appointed Derek Rolle as deputy governor; he took over from Michael Lightbourne, whose tenure as deputy governor ended on 30 June.
A 28-year veteran of the Central Bank, Rolle has served in various positions within the firm, most recently as senior manager and head of the banking department.

UK-based firm Hargreave Hale re-hired Doug Jones as an investment manager at the firm’s Lancaster office. Jones, formerly an assistant branch manager at Hargreave Hale’s Blackpool office, re-joined the company from Hedley & Co Stockbrokers.  He has previously held various roles at RBS, Deutsche Bank AG and UBS.

Quilter Cheviot, part of Old Mutual Wealth, strengthened its presence in London with the appointment of two members to its business development team. Brian Donald and Tom Kesterton joined Quilter Cheviot’s London office. These appointments followed the promotion of David Butler to strategic accounts director, and the recent appointments of Jonathan Buttress and Edward Walker as regional development managers.

Donald previously worked at AXA Wealth as a business development manager, and is responsible for Quilter Cheviot’s business development activities in central London. Kesterton joined from Artemis Fund Managers, where he was head of sales support and a sales executive. They both report to Andrew McGlone, managing director, London.

Pemberton Greenish, a property, private wealth and corporate law firm based in London, appointed Simon Slater as chief executive. Slater was previously CEO of Thomson Snell & Passmore and succeeded outgoing chief executive Robert Graham-Campbell who is moving to take up a new role in Scotland after serving the firm for six years.

The new CEO boasts more than 28 years of experience in the management and leadership of professional service firms including Charles Russell (now Charles Russell Speechlys), DTZ (now Cushman & Wakefield), Eversheds (now Eversheds Sutherland) and Taylor Wessing.  

Aviva Investors, the global asset management business of Aviva, appointed of Sunil Krishnan as head of multi-asset funds. In this new role, Krishnan oversees the teams managing multi asset portfolios across institutional and retail clients. He is based in London, reporting to Peter Fitzgerald, global head of multi-assets.

He joins from Santander Asset Management, where he was a senior portfolio manager responsible for outcome-oriented funds and asset allocation strategy. Additionally, Gavin Counsell was appointed as a manager on the Aviva Investors Multi Strategy (AIMS) Target Income Fund. He has been with Aviva Investors for over five years and has considerable experience of managing sizeable multi-asset funds including multi-asset income funds, and has worked closely with the AIMS team since the launch of the fund in 2014. He joined the four-strong fund management team led by Peter Fitzgerald and replaced Nick Samouilhan, who is leaving the business to pursue another opportunity.

Pictet Asset Management appointed Evan Pearce to its alternative investments group. He formerly head of Pine Rival Capital’s European credit business. Pearce, based in London, worked with Kazik Swiderski and Maani Hariri. He had previously held the same role at hedge fund group Citadel Investment Group between 2005 and 2009.

HSBC Private Banking named Sai Tampi global head of funds and exchange traded funds. Based in London, he is responsible for the development and distribution of the firm's funds and ETFs. Tampi reports to Henry Lee, head of managed investment solutions, global private banking. He joined from Standard Life Investments, where he was head of business development for global strategic alliances.

Deutsche Bank Wealth Management appointed Paul Arni as head of the firm’s operation in Switzerland. Arni leads the newly-created market region of Switzerland domestic, where he will focus on Swiss-based wealth management clients. He is based in Zurich, and reports to Peter Hindler, head of wealth management Europe, Middle East and Africa. He joined the firm from Julius Baer, where he was market head of Zurich and deputy regional head of Switzerland.

Falcon Private Wealth appointed Daniel Gerber as the new chief executive based in London. He succeeded Simon Gaston, who pursued an opportunity elsewhere. Gerber previously worked at EFG International, where he was head of private banking in the UK, a role he has held since 2012. Prior to EFG, he was chief operating officer and CEO at Julius Baer International in London.

Hargreaves Lansdown, a UK-based investment manager, appointed Fiona Clutterbuck and Roger Perkin as independent non-executive directors. Clutterbuck is head of strategy, corporate development and communications at Phoenix Group, and is a non-executive director, senior independent director and chair of the risk committee at the Paragon Group of Companies.

First Names Group appointed Stacy Withe as client services director of its Jersey office. Withe previously worked with an independent trust company where she focused on client relationship management and service delivery for ultra-high net worth clients. She has 20 years' experience in the financial services industry.

London-based Edge Investments, a specialist investment house concentrating on the creative industry, appointed Steve Carle to the role of chief investment officer for the firm’s Edge Performance VCT, a venture capital trust. The appointment was a promotion for Carle, who joined Edge in 2015 as investment director following 20 years at 3i Group and LDC, which are mid-market private equity companies.

Terry Back, a media asset specialist and former partner of Grant Thornton’s Media and Entertainment sector group, joined Edge’s board.

Investment management and stockbroking firm Redmayne-Bentley expanded its Cambridge office with the addition of investment manager Jonathan Adams. Adams joined from Fieldings Investment Management, with whom he had been an investment manager since 1993. He started his career with Laurie Milbank/Chase Manhattan, before moving to Panmure Gordon where he was assistant director. In 1986, he joined Baring Brothers, where he held specialist responsibilities for UK and US clients and was a member of the strategy committee.

Financial technology firm Avaloq named Stefan Benz head of digital and front to head up its digitisation strategy. He reports to Thomas Beck, the company's group chief technology officer. The appointment saw Benz join Avaloq's executive board.
In total, he has more than 20 years' experience in financial services, and has work at IBM, Credit Suisse and Zurich Financial Services.

A range of senior lawyers and experts in cross-border issues for high net worth individuals and families joined the advisory committee and governing board of the Investment Migration Council, the Geneva-headquartered organisation.

The new appointees: Nadine Goldfoot, Partner, Fragomen, UK (governing board); Ronald Klasko, managing partner, Klasko Immigration Law Partners, US (governing board); Alexander Varnavas, Attorney-at-Law, Varnavas Law Firm, Greece (advisory committee); Inigo Lecanda Crooke, Attorney-at-Law, Lecanda Immigration & Nationality Law, Spain (advisory committee); Michael Frendo, managing director, Frendo Advisory, Malta (advisory committee), and Edward Beshara, founder and managing partner, Beshara Professional Association, US (advisory committee).

Insight Investment, a leading global investment manager, appointed Angus Woolhouse as global head of distribution. Woolhouse has more than 20 years’ experience within the asset management industry and was most recently global head of distribution at Barings Asset Management.

London-based investment firm TIME Investments appointed Simon Clark as a specialist business development manager for the TIME income funds division. He is responsible for promoting the firms’ long income funds. Clark was previously with Aviva Investors, where he was senior wholesale sales director. He has spent 25 years in the UK wholesale market and held roles at several firms including Fidelity, M&G and Gartmore.

Two directors at Mattioli Woods resigned from the board as part of an internal review into the company’s governance. Chief operating officer Mark Smith, and employee benefits managing director Alan Ferguson resigned. The board comprises Joanne Lake, independent non-executive chairman; Ian Mattioli, chief executive; Murray Smith, group managing director; Nathan Imlach, chief finance officer; and Anne Gunther and Carol Duncumb, independent non-executive directors. Both Smith and Ferguson remain on the senior executive management team.

Investment firm Quilter Cheviot, which is part of Old Mutual Wealth, hired David Jupp to become the head of its Birmingham office. Jupp replaced Sean Raftery, who became an executive director at Quilter Cheviot. He joined the firm from Capel Cure Sharp in 1999, and was previously deputy head of the company's Midlands office.

Rathbone Brothers appointed Jim Pettigrew as senior independent director. The announcement followed his appointment as an independent non-executive director on its audit, risk and remuneration board in March. Pettigrew is currently chair of Scottish Financial Enterprise. He is also the chair on the board at CYBG, the parent business of Clydesdale Bank. He Pettigrew has held a series of senior positions across the UK asset management industry, including chief operating officer at emerging markets investment manager Ashmore and group treasurer of Sedgwick Group.

LGT Vestra, the privately-owned wealth manager, appointed Lynsey Carson as business development director. Carson is responsible for developing LGT Vestra’s growing relationships with financial advisors and professional intermediaries in Scotland. She has over 16 years' experience in the financial services industry and has been with LGT Vestra for four years. Prior to LGT Vestra, Carson held senior positions at RBS and Natwest Private Banking, Coutts & Co and latterly Butterfield Private Bank.

Schroders appointed Stephen Bowles as head of delegated sales, and promoted Tim Horne as head of UK defined contribution. Bowles, who has more than 20 years' experience working in pensions, has specific responsibility for the distribution of the firm’s growing fiduciary management business. He reports into John Griffiths, head of UK institutional sales and business development. Horne joined Schroders in 2011 from what was then Towers Watson, where he had been a senior investment consultant. He will also report into John Griffiths.

Liontrust, the UK fund manager, appointed two fixed income specialists. David Roberts and Phil Milburn are due to join Liontrust’s Edinburgh office in early 2018. They both have experience in managing fixed income funds. Roberts has been head of the fixed income team at Kames Capital, and Milburn was head of investment strategy for the team at Kames.

Brooks Macdonald, the investment manager, appointed Ben Chandler as investment manager in its Guernsey office. Chandler works with investment director, Mark O’Connor, and is responsible for managing a range of bespoke discretionary portfolios as well as maintaining and developing client relationships.  

He holds a Level 6 Certificate in Private Client Investment Advice & Management and joined from Butterfield Bank where he worked for 18 years as an investment manager.

Irwin Mitchell Private Wealth recruited two new partners to its Newbury and Chichester offices in the tax, trusts and estates team. Joining from Hunters in London, partner Andrew Parry has expertise in lifetime and post-death tax and succession planning, wills, trusts and powers of attorney. He also has significant experience of advising the owners of landed estates and rural businesses, private individuals, trustees of private trusts and charities. He joined the firm's Newbury office.

David Bird was appointed to join Irwin Mitchell Private Wealth’s Chichester office. Bird has expertise in tax and trust law and advises on tax planning for a variety of clients including business owners, shareholders in private companies and families with inherited wealth. He also creates trusts, wills and lasting powers of attorney and advises on existing structures.

UBS appointed two new executive directors to its wealth management, global emerging markets team, based in London. Ertug Aydin joined as a relationship manager, working with ultra-high net worth clients in Turkey. For the previous four years he was at Citi Private Bank, and before that at Maxis Investments. He reports to Dr Baris Serifsoy, head of Turkey, Israel, Greece & Latin America in London. Andrey Zubarev joined as a RM focused on growing our franchise with UHNW clients in Russia and CIS. He transferred from UBS Investment Bank where he held roles in corporate client solutions, covering Russia and CIS, and the infrastructure sector. He was previously at Credit Suisse and ING.

State Street Global Advisors (SSGA), has appointed Rakhi Kumar as head of environmental, social and governance (ESG) and asset stewardship, reporting to Lynn Blake, chief investment officer for SSGA’s global equity beta solutions, the firm said in a statement.

In this expanded role, Kumar and her team will be responsible for providing socially responsible investment strategies and steward the firm's clients’ assets globally.

Rakhi will lead a team across SSGA’s ESG investments and asset stewardship groups, including Chris McKnett, head of ESG strategists. In this role, Chris will lead a team of ESG strategists responsible for developing product and driving thought leadership content.

Additionally, Robert Walker has been appointed head of Europe, Middle East and Africa for the asset stewardship group. Previously, Walker managed ESG research activities at HSBC Bank.

AltFi Data appointed Louisa Pires as head of its sales and account management function. Pires has more than 30 years' experience global finance. She worked as managing director at Merrill Lynch, Dresdner Bank, and UniCredit where she managed teams distributing structured credit, and other fixed income products, to institutional, banking and corporate investors.

Waverton Investment Management appointed William Dinning as a head of investment strategy and communications, with immediate effect. Dinning joined Waverton’s asset allocation committee and he is responsible for directing the external communication of the firm’s investment views to both existing and potential clients. He is also responsible for co-ordinating the firm’s "top-down" investment strategies and helping mentor younger members of the investment team. He has over 30 years’ experience having worked for firms including UBS Warburg, Merrill Lynch and Kames Capital across London, Hong Kong, Edinburgh and New York. Most recently, he was head of investment strategy at Coal Pension Trustees, where he helped to run the pension schemes.

Raymond James expanded its operation in Mayfair with a new branch, which is being opened by Luke Evans, wealth manager & branch principal. The office operates as Raymond James, Mayfair. Evans began in wealth management at Brewin Dolphin, and worked his way up over the years. One of his most formative experiences was helping facilitate the merger of two offices, which established his strong understanding of the importance of building close relationships with clients. Luke also has extensive experience of working across two offices in the Home Counties and advising clients across multiple aspects of wealth management.

Raymond James has opened a new branch based in Aldbourne, Wiltshire, which is managed by James Maltin and trades as Ridgeway Investment Management. The business offers investment led propositions to clients throughout the UK. Maltin has 15 years' experience managing private client portfolios at both HSBC Investment Bank and Rathbones.

Lloyds Private Bank boosted its wealth investment office, hiring Christopher Ighodaro as portfolio specialist. Ighodaro reports to Jon Wingent, head of portfolio specialists. He joins from Close Brothers Asset Management, where he was a portfolio director, responsible for presenting the investment proposition to financial professionals.

Tilney recruited Matthew Tribe to its Bristol office as a financial planner. He joined from Santander where he was a financial planning manager. Prior to this, he held financial planning roles since 2011 at both Charles Derby and A-Plan Assurance.

Investec Wealth & Investment hired two new financial planning directors, Lee Burberry and Gary Taylor, who will join its Liverpool and Manchester offices, respectively.  Both join the firm from Rathbones, where they provided to clients on all aspects of financial planning. Each of the men have more than 30 years' industry experience.

Smith & Williamson appointed Angus Abraham as business manager. Abraham joined Smith & Williamson from City Financial, where he was head of operations overseeing its UCITS division. He is based in London and reports to Ed Rosengarten, head of funds at Smith & Williamson.

Financial services provider SANNE appointed Sam Metland as director of product development to enhance its technology and product development capabilities. Metland is based in London. He has more than 10 years of industry experience, and has worked in New York, Luxembourg, Singapore and the Channel Islands.

Wealth manager Charles Stanley appointed five new members to its financial planning division. Julie Goodman was appointed as a financial planner and is based in London. Goodman previously worked at Bellpenny.

Anne McClean was appointed as a financial planner.  She joined Charles Stanley’s London office from Mercer & Hole. David Hume was appointed as a financial planner and is based in the London office. Hume joins from Close Brothers Asset Management. Adam Swift was appointed as a paraplanner and will be based in the London office. Swift joined from Bellpenny.

David Morris was appointed financial planning advice manager and is based in the Birmingham office. Morris joins from Arthur J Gallagher & Co.

GAM appointed Perhad Merwanji as portfolio director of private clients and charities. Merwanji is based in London and reports to Kier Boley and Andrew Jenkins, who co-head GAM’s managed portfolio solutions team. Prior to GAM, he worked at UBS Wealth Management, where he was head of portfolio advisory and capital markets for 11 years.

Quilter Cheviot appointed Edward Walker as regional development manager for the South West. Walker reports to James Rodgers, head of Quilter Cheviot’s Bristol office. He is responsible for fulfilling the firm's new business targets, as well as developing new and existing relationships with financial advisors and other professional entities. He joined from Zurich Insurance Group, where he worked as a business account manager and a platform consultant for over six years.

Investcorp, a global provider and manager of alternative investment products, appointed Mohamed El-Erian as chair of its international advisory board.  El-Erian has been chief economic advisor at Allianz and chair of its international advisory board. Prior to Allianz, he was chief executive and co-chief investment officer at PIMCO from 2007-14.

International, rest of world
Dubai-based Mashreq Bank appointed Vipul Kapur as its new head of private banking. Kapur replaced Rajesh Malkani, who left the bank to join another firm. Kapur has 25 years’ experience in the financial services sector. Previously, he worked at Citibank and was based in India, Bahrain, Dubai, Singapore and London.

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Asia-Pacific
Northern Trust appointed one of its senior figures, Yen Leng Ong, as country head for Singapore and head of Southeast Asia. She replaced Rohan Singh, who recently left the company. In her new role, effective from 1 December, Ong is responsible for leading the US-headquartered firm’s asset servicing business activities and driving growth of business lines including asset management and capital markets across the region. Most recently, Ong was chief administrative officer for Northern Trust in Asia-Pacific and head of product management, where she was responsible for regional business and product strategy and facilitating regional growth opportunities. Ong reports to William Mak, head of APAC, Northern Trust.

Deutsche Bank appointed Anand Rengarajan as head of securities services, Asia-Pacific. He replaced Ying-Ying Tan in the position. Rengarajan globally reports to Satvinder Singh, global head of securities services, and regionally report to Lisa Robins, APAC head of global transaction banking. He has over 24 years of experience and has been with Deutsche Bank since 2000.

PricewaterhouseCoopers admitted 53 new partners across its firms in Hong Kong, mainland China, Taiwan and Singapore, taking the total partnership headcount to more than 850. Among the new intake, 31 were based in mainland China, eight in Hong Kong, six in Taiwan and eight in Singapore. Some 23 new partners are with the assurance practice, 16 in tax, 12 in advisory and two from the “One Firm Services” division.

Australia and New Zealand Banking group, which over the past 12 months has shed its Asia private banking and retail arms, signalled a move to bolster its image and ability to influence lawmakers by hiring a general manager for communications and public affairs. Tony Warren joined the bank after spending a decade at Telstra, the Australian telecoms firm, where he was most recently group executive for corporate affairs. He reports to Shayne Elliott, group chief executive.

Ayaltis, a Swiss fund of hedge fund boutique, moved Zurich-based senior investment research and portfolio manager Hao Shao to Hong Kong to open a family office. Since July 2017, he has been general manager based in greater China.

AxiomSL, a provider of risk and regulatory reporting solutions, appointed David Wormald as its Asia-Pacific regional sales director, as part of an expansion in the region. He reports to APAC chief executive Peter Tierney. Wormald is based in Hong Kong. With more than 25 years’ experience in sales and business development, Wormald was most recently with Thomson Reuters Financial and Risk division in Asia-Pacific, where he headed up the sales of the firm’s Enterprise Content & Capabilities area. Before that, he was regional sales manager for NYSE Technologies and was APAC head of business development for Broadridge in Hong Kong.

Savills Investment Management, an international real estate investment manager, appointed Benedict Lai as Asia research manager. Lai has over 10 years of experience in property research. Prior to this, he held various positions at PGIM Real Estate (previously known as Pramerica Real Estate Investors), Capital Malls Asia Limited, and Jones Lang LaSalle.

Natixis Global Asset Management appointed Tony Huang as general manager and head of institutional business development for Taiwan. He has more than 20 years' experience in the country, and most recently served as senior vice president and head of business development at Neuberger Berman. He reports to Kinji Kato, executive managing director and head of Japan for Natixis Global.

State Street Global Advisors appointed Mark Hui as head of global equity beta solutions for Asia ex-Japan. Based in Hong Kong, Hui oversees SSGA’s Asian equity index portfolios, which are managed from Hong Kong. He reports to Susan Darroch, head of global equity beta solutions for Asia-Pacific ex-Japan. Hui has over 19 years of industry experience. He re-joined SSGA in 2015 as senior portfolio manager responsible for indexing investment management in Asia ex-Japan. Prior to this, he was head of indexation and exchange-traded funds at HSBC Global Asset Management (UK) and was a global asset allocation portfolio manager at Legg Mason Asset Management. Hui first joined SSGA as a portfolio manager managing passive portfolios and ETFs in 2003.

Johannes Gschossmann was appointed by Chubb as head of financial lines in Singapore. He joined the company on 12 July and reports to Liam Burrell, division head of property & casualty (P&C). Gschossmann has more than 10 years of industry experience. Prior to joining Chubb, he was at Allianz overseeing the financial lines operations in Singapore and Southeast Asia.

FTSE 250 firm SANNE hired Mark Law to fill the newly-created role of managing director, alternative assets to lead its Asia-Pacific and Mauritius regional business. Based in Hong Kong, his main focus is on expanding SANNE's alternative asset capabilities across the APAC region and Mauritian networks.

International law firm Simmons & Simmons appointed Matthew Durham as a partner, working in its China employment practice in Shanghai. Durham qualified as a solicitor in 1998. He previously worked in the group's Shanghai office for “many years”, and became a consultant in 2009. He re-joined from Winston & Strawn, where he was a partner in the firm's Shanghai and Beijing offices.

Insight Investment appointed Angus Woolhouse as global head of distribution. Woolhouse has more than 20 years’ experience within the asset management industry and was most recently global head of distribution at Baring Asset Management (Asia) Limited. In Australia, Adam Kibble joined the team as product specialist, covering currency, multi-asset and fixed income.  Located in Sydney, Kibble has a portfolio management background of over 15 years with Macquarie Funds Management focusing on fixed income, currency and commodities. Kibble reports to Bruce Murphy, director Australia and New Zealand, Insight Investment.

BNY Mellon Investment Management selected former Mercer executive Deborah Bannon as its head of consultant relationships and client services, Asia-Pacific. Bannon manages the company’s relationships with consulting firms and is based in Hong Kong.  Earlier in her career, she spent stints with Mercer and Pioneer Investments, and for the latter headed up its Asian institutional business.

Waterfield Advisors, an Indian boutique firm that advises family offices and ultra-high net worth families, appointed Kartik Kini as chief operating officer. Kini joined the firm from Avendus, where he co-founded its wealth management practice. During his 20 years in the industry, he has also held managerial roles at Deutsche Bank and Merrill Lynch.

Singapore-headquartered Thirdrock brought over five wealth professionals, including two senior private bankers, to its client advisory team. It hired Arthur Fong as senior client advisor. With nearly three decades of banking experience, most of which were spent in private banking, he was most recently managing director, Greater China market as well as the deputy Singapore location head for the Greater China business at Bank of Singapore. Thirdrock also appointed senior private banking professional Martin Lim as senior client advisor. Limn joined from Standard Chartered Private Bank where he was executive director and head of the Malaysia team. Prior to that, he was executive director and desk head of the Malaysia team at UBS and has held similar roles in various banks such as Barclays Private Bank and UOB.

Other additions to the team included Richard Lewis, Rainer Teo and Nikhil Niyogi, all of whom are career private bankers with international experience in private banking and wealth management in leading financial institutions.

BNY Mellon Investment Management appointed Deborah Bannon as Asia-Pacific head of consultant relationships and head of client services. In this newly created role, she is responsible for managing BNY Mellon Investment Management’s relationships with global consulting firms. Based out of Hong Kong, Bannon reports to Lindsay Wright, head of distribution and co-head of BNY Mellon Investment Management, APAC.

BNP Paribas appointed Lemuel Lee to its wealth management division as its deputy head of investment services, Asia-Pacific, and head of investment services for Hong Kong. Based in Hong Kong, Lee reports to Arnaud Tellier, head of investment services, APAC. He succeeded Maggie Tsui who remains as a special advisor. With a career in investment banking and wealth management lasting for more than 14 years, Lee was previously head of equities, Asia for JP Morgan Private Bank.

Willis Towers Watson appointed Fabien Conderanne as deputy head of financial solutions for the Asia-Pacific region. The role was newly-created. Conderanne reports to Stuart Ashworth, managing director, financial solutions, Asia-Pacific.

Value Partners launched a new quantitative investment solutions team and appointed David Quah as co-managing director of quantitative investments solutions to lead the team with Kai Mak, co-managing director of quantitative investment solutions and senior fund manager. Quah, who has over 20 years of experience in exchange-traded funds and quantitative products, joined Value Partners in early August 2017 and is responsible on business development and management of the newly-created team.

GAM appointed Shizu Kishimoto to lead its sales and to oversee business operations in Japan. Kishimoto is based in Tokyo. She took up the role as representative director, reporting to Rossen Djounov, who was appointed head of Asia and relocated to Hong Kong in May 2017. Kishimoto has 20 years of experience covering the Japanese market. Kishimoto previously worked at Schroder Investment Management Japan, where she was head of intermediary business.

An Indonesia-focused senior private banker who left Credit Suisse earlier this year resurfaced at Bank of Singapore. Simon Kastono joined Bank of Singapore at the start of June, holding the role of team head with the Indonesia team in Singapore. At his former bank, he had been managing director and market leader of Indonesia. In 2015, Kastono was promoted to sector co-head of Indonesia, at the time working alongside Torsten Linke.

State Street Global Advisors appointed Rakhi Kumar as head of environmental, social and governance (ESG) and asset stewardship, reporting to Lynn Blake, chief investment officer for SSGA’s global equity beta solutions. In this expanded role, Kumar and her team are responsible for providing socially responsible investment strategies and steward the firm's clients’ assets globally. Rakhi leads a team across SSGA’s ESG investments and asset stewardship groups, including Chris McKnett, head of ESG strategists. The firm added that a search is underway for a head of asset stewardship for the Asia-Pacific region.

JP Morgan appointed Shantanu Jain as market leader for the NRI business, based in Singapore. He holds the title of managing director. The move came after the departure from the post of Sundaar Rumani. Previously, Jain was an executive director at JP Morgan from January 2014 – April 2017.

Intertrust, the trust, corporate and fund services provider, named John Ma general manager of its Shanghai office. Prior to this appointment, he was head of corporate services for the firm's Shanghai and Guangzhou offices. This saw him head up the corporate secreterial services, and he was responsible for exploring new business opportunities for other offices in the region.

Julius Baer appointed Rajesh Manwani as head of markets and advisory solutions in Asia with immediate effect. He is based in Singapore, reporting on a functional basis to Peter Gerlach, head of markets and Philipp Rickenbacher, head of advisory solutions, and regionally to Jimmy Lee, Asia-Pacific head. In over 19 years in the industry, Manwani has held global, regional and country roles in UBS, Standard Chartered and the last nine years in Credit Suisse, where he was managing director, head of investment solutions and products for Asia-Pacific. Manwani succeeded Luigi Vignola, who has taken on a new role as global head for structured products in Switzerland.

VP Bank, the Liechtenstein-headquartered lender, made senior hires in its Singapore office. It appointed Christian Christow, former head of intermediaries business at Deutsche Bank in Singapore, as head of business development. Christow has been based in Asia for 10 years. He reports to Sylvain Gysler, head of intermediaries at VP Bank (Singapore) Ltd. VP Bank (Singapore) Ltd also hired Claude Chevroulet as chief operating officer.

St James's Place Wealth Management Singapore Asia, part of UK-listed St James’s Place, appointed Chris Gill as development director to the international business. In his new role, Gill oversees proposition development. Gill has over a decade of international experience having previously held senior wealth management roles in Hong Kong and Singapore, including managing director of Friends Provident International (Singapore Branch) as well as serving as the deputy president of the Life Insurance Association in Singapore.

Kroll, the global security and risk control firm, appointed a veteran figure from Hong Kong law enforcement and the world of cyber-security to take on a new Asia leadership role. Paul Jackson was named Asia-Pacific leader for its cyber-security and investigations practice, based in Hong Kong.

A member of the Hong Kong Police Force for more than 22 years, rising to the rank of Chief Inspector and head of IT Forensics Practice, Investigations Team, Jackson led teams of cyber investigators, computer forensics examiners, and police college trainers, and was policy manager for digital evidence for the entire police force of 27,000 members. After leaving the HKPF in 2010, Jackson became APAC head of fraud and high tech investigations for JP Morgan and from 2012-2014, he relocated to New York where he served as the bank’s global head of high-tech/cyber investigations. Most recently, he was APAC managing director for Stroz Friedberg, a cyber-security firm.

The Australia-based Myer Family Company parted ways with its chief executive Danielle Press after completing its due diligence for its proposed A$3 billion ($2.39 billion) merger with rival Mutual Trust and appointing former Ernst & Young partner Phil Harkness to lead the merged group.

HSBC's private banking business named Desiree Lam as regional head of credit advisory, global private banking, Asia-Pacific. In this role, she is responsible for managing the firm's regional Asia credit advisory teams, and overseeing the private bank's credit propositions and lending products. She joined one of HSBC's Hong Kong branches from UBS, the world's largest wealth manager, where she was head of structured credit, North Asia.

Australia & New Zealand Banking Group appointed Rufus Pinto as chief executive for its business in Laos, reporting to Dennis Hussey, CEO Vietnam and head of Greater Mekong Region. Pinto is currently regional country head for ANZ in Vanuatu, Kiribati & New Caledonia. 0Prior to this, he held senior roles with ANZ across businesses including corporate and institutional banking, small- to medium- sized business banking and private wealth.

Julius Baer appointed Nelson Ip to its operation in Hong Kong. Ip was previously director products and services at UBS in Hong Kong. He worked with UBS in Hong Kong for over nine years working with ultra-high net worth clients. Prior to that role, Ip was vice president of investment products for three years at Bank Sarasin in Hong Kong.

Asset manager Robeco appointed Shiro Tsubota as president & representative director of Japan, effective immediately. Tsubota succeeded Kikuo Kuroiwa, who left the firm after a transition.

Crestone Wealth Management appointed Peter Hawkins as independent director. Hawkins has served on the board of Westpac Banking Corporation and is chair of the Technology Committee for the WBC board. He also serves on the boards of Mirvac Group and Liberty Financial. He spent 34 years with Australia and New Zealand Banking Group Limited, where he held various senior executive and directorship positions, including group managing director, group strategy.

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North America
Raymond James hired two new financial advisors, Rosa Ebling and Jack Bayer, to join its Chicago office, managed by complex manager Brian Lampsa. Ebling joined from Robert W Baird & Co, where she previously managed $193 million in client assets. Bayer came over from JP Morgan Securities, where he previously managed $230 million in client assets.

Royal Bank of Canada Wealth Management added to its team in Pittsburgh, adding a new $205 million team. The team is comprised of Bruce Georgi, a financial advisor with more than 32 years' experience, and Gerald Barkley, a financial advisor with 16 years of experience.

RBC Wealth Management recruited a new advisor team from Insight Private Wealth, a national financial advisor practice based in Boston and New York. Insight Private Wealth will be a part of RBC Wealth Management’s exclusive RBC private wealth service offering. Insight Private Wealth is comprised of managing director Paul Roche, managing director Christopher Bayles, senior business associate Jennifer Reardon, and registered associate Yuri Dagan. The team manages in excess of $500 million for wealthy families, and were formerly family wealth directors at Morgan Stanley. Roche has 22 years' experience in the industry and Bayles has 18 years' experience in the industry.

Separately, RBC Wealth Management recruited Allen Smith to its Plano office in Texas. Smith, who is a senior vice president and financial advisor, previously worked at Hilltop Securities. He has more than 20 years of industry experience and managers $180 million of asseets. Kimberley Shelton, senior registered client associate, also joined the firm.

RBC Wealth Management also appointed Matt Wunder as branch director of its Mclean, Virginia office. Wunder has joined RBC Wealth Management from Stifel Nicolaus & Company where he was vice president, branch administrative manager. He has 15 years of industry experience.

BNY Mellon's Pershing appointed Jim Crowley as its chief operating officer. He most recently served as the company's chief relationship officer, overseeing relationship management strategy across its businesses and collaborating on strategic relationships across BNY Mellon. Crowley replaces Lori Hardwick, who left the company in February.

BNY Mellon Wealth Management has opened an office in Houston, Texas. Regional managing director Thomas Cademartori will head the office, located at 2229 San Felipe Street, along with Dallas-based Texas regional president Todd Carlton. Cademartori has nearly 20 years of wealth management experience, previously serving as vice president in BNY Mellon Wealth Management’s Dallas office. He brings extensive regional knowledge and expertise to his new role, having spent the majority of his career in the Texas market.

BNY Mellon Wealth Management also named William R Gibbs as a wealth director in the firm’s Seattle, Wash. office.  Reporting to regional president James Barnyak, Gibbs is responsible for driving business development efforts around mergers and acquisitions and business succession planning. Previously, Gibbs was a vice president and financial advisor at Bernstein Private Wealth Management in Seattle for five years. Before that he held several executive leadership positions in sales, management and regulatory affairs at Boston Scientific Corporation/Guidant Corporation. He also spent five years in the US Army as an Armor Company Executive Officer, an Assistant Battalion Logistics Officer, and a Platoon Leader in the Armor Platoon.

BNY Mellon Wealth Management appointed Pamela Murray as managing director of business development in Boston. Murray reports to Vicary Graham, president of the New England operation, and she will be responsible for driving business development efforts for the company’s Boston office. She has more than 28 years' experience in financial services. Most recently, she was a senior client advisor and a managing director at Rockefeller & Co. based in its Boston office, and was responsible for business development and client management related to families and non-profits.

Malvern Federal Savings Bank, the wholly-owned subsidiary of Malvern Bancorp, appointed Andrea Cho as senior vice president, private banking of Malvern.  Cho leads Malvern’s private banking division, which assists high net worth individuals, families and businesses with wealth management, commercial and residential lending. She operates out of the bank’s Villanova office. Prior to joining Malvern, she served in wealth management and private banking executive management positions at Bank of America, Morgan Stanley, U.S. Trust Bank of America and Bank of America Merrill Lynch.

Golden State Wealth Management brought wealth managers, Gabriella Lundqvist and Daniel Poppers of Lundqvist Wealth Strategies to its operation. Lundqvist and Poppers, a husband and wife team, joined their businesses to form Lundqvist Wealth Strategies to provide comprehensive support to help clients achieve their personal financial goals.

Cumberland Trust, a Nashville-based independent trust firm, promoted seven employees to the role of senior vice president. Jaclyn Berry, Caroline Bradshaw, Christopher Buckley, Debbie Butler and Lori Thoeny became senior vice presidents and will assume their previous role of trust officers, and Rebecca Halvorson and Fontaine Lee became senior vice presidents and business development officers in Memphis and Atlanta, respectively.

US wealth manager Diversified Trust appointed Trey Tally as a senior vice president at the company's Memphis office. Tally joined after serving as a senior vice president at Pinnacle Financial Partners in Nashville, where he managed fiduciary assets held in trusts, IRAs, investment management accounts, escrow agreements and estates.

NASDAQ-listed First Foundation Inc, a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, appointed Andres Melgar as branch manager at its new San Diego location. Melgar has over 10 years of experience in the banking industry. He most recently was at Citizens Business Bank as vice president, senior commercial lender and also spent time as a Branch Manager at several San Diego locations of Union Bank of California. First Foundation, founded in 1990, has offices in California, Nevada, and Hawaii with headquarters in Irvine, CA.
Insight Investments widened the role of Scott Sullivan, who has led the Ampil division, so that he now has leadership of the company’s financial services division, Insight Financial Services.

Former Merrill Lynch financial advisors, John R Edgecomb Sr and his son John Robb Edgecomb Jr, recently joined the Austin-Barton Hills office of Raymond James & Associates. The pair, who managed close to $200 million in client assets at Merrill Lynch, operate as The Edgecomb Group of Raymond James. They were joined by Evette Mock-Hernandez, a senior portfolio analyst, and Mia Salomon, a registered senior client service associate.

Fiduciary Trust Company International, the global wealth manager, named Gerard Joyce Jr national head of trust and estates. Based in New York, he oversees the firm's trust and estates strategy and administration in the US. He leads the group's team that engages with clients and their advisors across the world. He joined Fiduciary Trust after spending nearly 17 years with HSBC Private Bank, where he served as managing director and head of its US personal trust division.

OppenheimerFunds appointed Paul Brunswick as a senior business consultant to its CEO Advisor Institute. He reports to Paul Blease, director of CEO Advisor Institute at OppenheimerFunds. Brunswick represents the firm's CEO Advisor Institute's personal and professional development programs to advisors across the US. Brunswick has 30 years' experience in the financial services industry and has worked closely with institutional and ultra-high net worth clients. He joined from  CEG Worldwide where he led its corporate solutions division. Prior to CEG, he was the managing director of national business development for Smith Barney.

Citi Private Bank appointed Kush Malhotra as regional market manager for Western Region. He oversees a team of private bankers and investment advisors servicing clients in Los Angeles, Beverly Hills, Orange County and Phoenix. He is based in Los Angeles and reports to Halé Behzadi, global market manager, Western Region. Previously, Malhotra served as regional market manager for Western Canada at Citi Private Bank. Prior to that, he served as an onshore country manager at Citi Private Bank in Indonesia and as a senior private banker in Singapore.

TIGER 21, the peer-to-peer learning network for high-net-worth wealth creators, hired Erica H Ross as senior vice president of content, and is based in New York City. Ross works alongside Abby George, TIGER 21’s SVP of programming. She previously worked at JP Morgan, where she was global head of events for the private banking side of that firm, and worked at JP Morgan for 10 years. Ross was responsible for the private bank’s annual Alternative Investments Summit. Previous employers included Deutsche Bank, UBS and Royal Bank of Scotland.

TIGER 21 also expanded into Missouri, launching a group in St Louis. The group is chaired by investment management professional Robert Tynes. Tynes is managing director and principal at Gratry & Company, a registered investment advisor that serves institutional and high-net-worth investor clients. to joining Gratry, Tynes was a senior investment specialist at JP Morgan's Private Wealth Management division in Chicago. He has also previously served as a product manager for Goldman Sachs Asset Management, and as a national accounts manager for Ibbotson Associates.

Bernstein Private Wealth Management appointed Joshua B Rosenberg as a director and financial advisor at the firm’s Atlanta office. Rosenburg previously was a financial advisor at Atlanta-based family office Bessemer Trust, looking after client development in the southeast region. He also served as a wealth strategist at GenSpring Family offices.

Taaffeite Capital Management a quantitative asset management firm, has appointed Ronald Raymond as chief operating officer. Raymond is a 21-year veteran in the asset management industry with extensive experience in hedge fund operations and compliance. He oversees Taaffeite’s operating units and capital markets execution. Raymond previously served as COO and chief compliance officer of Blueshift Capital, a commodity based long/short fund. Previously, he was director of Operations at Vermillion Asset Management (acquired by The Carlyle Group), and vice president of operations at Dreman Value Management. Raymond holds a B.S. in Finance from Rutgers University.

Andersen Global appointed Dan DePaoli as the regional managing partner for the US, Canada and Israel. He serves on the board of directors in the US and has been the US country managing director of Andersen Tax LLC for nearly two years. Along with two other regional leaders, DePaoli focuses on specific regional strategies and is part of the larger structure that will support the growth of Andersen Global and its member and collaborating firms. He began his career at Arthur Andersen over 25 years ago.

Peapack-Gladstone Financial Corp appointed Carmen M Bowser to its board of directors and of Peapack-Gladstone Bank, effective September 28. Bowser most recently served as managing vice president, commercial real estate division, at Capital One Bank, New York, NY, where she was responsible for a 100-person team operating in areas such as new loan originations and asset management. Prior to joining Capital One, Bowser was a principal/managing director for Prudential Mortgage Capital Company, where she led the commercial mortgage origination teams in McLean, Virginia, Boston, Massachusetts and New York City.

SignatureFD, the financial advisory firm, appointed Lance Stafford, CFA, as a principal. Stafford advises high net worth individuals and families. Previously, Stafford spent three years as an investment counselor with one of the world’s largest asset management companies (not disclosed in SignatureFD’s press statement). He is a CFA charter holder and earned an MBA from the McCombs School of Business at the University of Texas at Austin.

Central Bank of Bahamas appointed Derek Rolle as deputy governor. He took over from Michael Lightbourne, whose tenure as deputy governor ended on June 30. A 28-year veteran of the Central Bank, Rolle has served in various positions within the firm, most recently as senior manager and head of the banking department.

City National Bank, a subsidiary of Royal Bank of Canada, appointed John Randall as chief credit officer and a member of its executive committee. He is based at City National Plaza, the company’s headquarters in downtown Los Angeles, and reports to Russell Goldsmith, chairman and chief executive of City National and chairman of RBC Wealth Management US. Randall is responsible for City National’s credit management, and leads a team of more than 75 colleagues. He also implements a credit risk strategy aimed at facilitating growth and upholding the quality of the company’s $28 billion loan portfolio. Prior to City National, Randall was at Wells Fargo, where he was most recently executive vice president and regional senior credit officer.

BMO Wealth Management (US) appointed a national head of banking for its private banking arm, while at the same time this side of the business is offering Canadian clients free access to tens of thousands of ATMs across the US and Puerto Rico. Jim Duff was named as national head of banking for BMO Wealth Management’s Private Bank. Duff has been with BMO for over 13 years - holding a number of progressive roles prior to becoming regional business banking head.

Morgan Stanley recently formed the Great Lakes Bay Group Team. The group is led by August J Hurt, senior vice president, financial advisor; Steven Lutenski, senior vice president, financial advisor; Nickolas T. Barris, senior vice president, financial advisor; and Kayla Lange, financial planning associate. The office is in Saginaw. The team is also supported by Kelly J. Herman, senior registered associate, and Ashlee B. Bennett, client service associate.

Wells Fargo & Company made several changes to its board of directors. It named Elizabeth Duke to succeed Stephen Sanger as independent chair. Sanger stepped down at the end of 2017. Duke served as a member of the board of governors of the Federal Reserve System from August 2008 to August 2013, where she was chair of the Federal Reserve’s committee on consumer and community affairs and a member of its committee on bank supervision and regulation, committee on bank affairs, and committee on board affairs.

The firm also appointed Juan Pujadas, a retired principal of PricewaterhouseCoopers, as a new independent director, effective September 1, 2017. Among many senior positions at PwC, Pujadas was vice chairman of global advisory services of PwC International, led the US firm’s advisory practice, and led PwC’s global risk management solutions practice for the Americas. Also, the firm said that Cynthia Milligan, who joined in 1992, and Susan Swenson, who joined in 1998, retired from the board at year-end 2017.

US Trust, the wealth management arm of Bank of America, made 12 hires in July, it later disclosed. Susan Burnett joined the Los Angeles office as a private client advisor. She previously worked at Deutsche Bank as a private banker. Elizabeth Perkins has joined the Walnut Creek office as a senior trust officer. She previously worked at ATG Trust Company as a senior trust officer. Sherry Kuntz has joined the Denver office as a senior trust officer. She previously worked at Fortis Asset Management as a director, wealth planning.

In Connecticut, Michelle Hagan joined the West Hartford office as a private client manager. She previously worked at First Niagara Private Client Services as a vice president, relationship manager. Gregory Murphy joined the Westport office as a private client advisor. He previously worked at ICBC Standard Securities as a director, EM credit sales. In Florida, Whitney Loggins joined the Jacksonville office as a Private Client Manager. She previously worked at Prospect 33 as a Consultant. Meanwhile in Illinois, Kelsey Paul joined the Chicago office as a regional fiduciary officer. She previously worked at BMO Harris as a senior trust administrator.

Melissa Jacoby re-joined the Boston office as a regional fiduciary advisor. Pakhi Eder joined the New York office as a portfolio manager. She previously worked at JP Morgan as a senior portfolio manager. Evan Durst went to the Pittsburgh office as a senior trust officer. He previously worked at PNC Bank as a relationship strategist. Diego A. Patino was named to the Houston office as a private client manager. He previously worked at Citigroup as a private banker. Laura Hannon joined the McLean office as a private client manager. She previously worked at Wells Fargo Private Bank as a banker.

Deutsche Bank appointed one of its senior figures, Tom Patrick, as its new chief executive for its Americas business, taking the helm from Bill Woodley, leaving after a 19-year career at the lender. Patrick joined Deutsche in 2012 and previously spent 18 years at Bank of America Merrill Lynch, where he held a number of leadership positions in banking and markets. All Americas or US heads of business divisions and infrastructure functions report to Patrick in addition to their existing functional reporting lines. Patrick reports to Cryan. Woodley joined Deutsche Bank in 1998 and served in a number of leadership roles including deputy CEO of the Americas, chief operating officer of regional management and COO of Asia.

Penn Capital Management promoted Randall Braunfeld and Bradley Tesoriero from research analysts to senior research analysts. Braunfeld began his career with Penn Capital in 2015. He covers research of the utilities sector for the firm’s high yield strategies and is the primary research analyst for the firm’s senior floating rate loan offerings. Prior to joining the firm, he was a portfolio manager of a high yield BB rated bond portfolio for First Niagara Bank.

Tesoriero began his career with Penn Capital in 2015. He covers research of the industrials sector and parts of the materials sector for the firm’s equity, high yield and leveraged loan strategies. Prior to this, he was a research associate at CRT Capital, where he focused on distressed debt, equity and high yield research for the media and telecommunications sectors.

Gibraltar Private Bank & Trust hired Doug Moffitt as its new head of wealth management. Moffitt joined the firm from US Trust, the private wealth management business of Bank of America, where he was managing director for the investment division.

Angeles-based middle-market private equity firm LightBay Capital appointed David Leeney as managing director and head of business development. He is responsible for coordinating LightBay’s deal sourcing and relationship management efforts. With more than 14 years of business development and investor relations experience, Leeney spent ten years at LA-and London-based firm The Gores Group, serving as head of global origination where he oversaw business development for the firm’s investment vehicles, including its small-cap and mid-cap funds.

Toronto Financial Services Alliance, a public/private initiative to enhance the competitiveness of Toronto as a global financial services centre, appointed Jennifer Reynolds to succeed Janet Ecker as chief executive. Ecker announced her retirement in April this year. Reynolds, currently CEO of Women in Capital Markets, a network of professional women in the Canadian capital markets industry, has extensive experience in the financial sector. She has held positions in private equity and risk management at Scotiabank, BMO, OMERS Strategic Investments and Stonecap Securities.

Investors Advisory Group brought in Michael J Koerner as a financial advisor to its team. Koerner has been serving clients since 1998, most recently through Annex Wealth Management. He originally trained as an architect. In 2016 Koerner served as President of the FPA® of Wisconsin and the board chair in 2017.

JFS Wealth Advisors, an independent wealth management firm with over $2 billion in assets under management, promoted senior lead advisor and managing principal Louis Colella to president of advisory services. In this new role he oversees each of the advisory and functional wealth planning teams in all six offices across the firm. Colella has over 30 years’ experience in the industry. Since joining JFS in early 2015, he has led the firm’s Hermitage, Pennysylvania and Northeast Ohio wealth management teams and will maintain those responsibilities as he fulfills his role as president of advisory services.

CUNA Mutual Group, the insurance and investment firm in the US, hired Rob Comfort as president of CUNA Brokerage Services, Inc. and Martin Powell as vice president of strategic account development and management for the company’s wealth management business. Previously, Comfort was executive vice president at LPL Financial where he guided strategic direction for the company’s business consulting team and managed partnerships with bank and credit union clients. Powell works for CUNA Mutual Group’s annuity business to lead the distribution expansion for the company’s fast-growing annuity products into broker-dealer relationships. He has more than 20 years of experience in wealth management, business management and sales development. Most recently, he was vice president and senior account manager with Lincoln Financial Group, where he led strategic partnerships and product sales strategy.

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Summit Trail Advisors appointed Justin Waterman as partner and named Sarah Silverio as vice president. The duo advise on $500 million of client assets and will be based at Summit Trail headquarters in New York City. Waterman and Silverio joined from Fischer and Company.

J O Hambro Capital Management (JOHCM) appointed portfolio managers Giorgio Caputo and Lale Topcuoglu to lead a global multi-asset income investment strategy. Caputo leads the global multi-asset team in JOHCM's New York office. He was most recently employed as portfolio manager and senior analyst by First Eagle Investment Management. Topcuoglu, head of credit, is also based in New York. She has worked for 17 years at Goldman Sachs & Co. and Goldman Sachs Asset Management (GSAM), where she was most recently global head of alternative corporate credit and co-manager of the Goldman Sachs Income Builder Fund.

Merrill Lynch appointed Joe Lowery as market executive for the Pacific Islands market. Lowery joined Merrill Lynch in 1995 as a district sales manager in Houston and in 1996, he was appointed market executive for the Gulf Coast market. He became market executive in Kansas City in 2003 before

State Street Global Advisors appointed Rakhi Kumar as head of environmental, social and governance (ESG) and asset stewardship, reporting to Lynn Blake, chief investment officer for SSGA’s global equity beta solutions. He leads a team across SSGA’s ESG investments and asset stewardship groups, including Chris McKnett, head of ESG strategists. In this role, Chris leads a team of ESG strategists responsible for developing product and driving thought leadership content.

 

Additionally, Matt DiGuiseppe was appointed as head of the Americas. Most recently, DiGuiseppe managed engagement and proxy voting activities at Nuveen, the asset management division of TIAA.
Raymond James appointed financial advisors Keith Bock, Mark Downey and Jason Peterson to its Rochester, New York office which is managed by Jeff Wolk. The trio, former Wells Fargo advisors who managed more than $300 million in client assets and had almost $2 million in production, operate as BDP Wealth Management of Raymond James. They were joined by senior registered client service associate Janet Emhof. Bock, who is senior vice president of investments, has around 40 years' experience in the industry. He spent 39 years at Bache, which became Prudential, Wachovia and finally Wells Fargo Advisors. Downey, senior vice president of investments, began his financial services career in 1991 with Prudential-Bache which ultimately became Wells Fargo Advisors. Peterson, vice president of investments, began his career in 2004 with Merrill Lynch in its financial advisor training program, and moved to Wells Fargo two years later. In 2008, he joined the team with Bock and Downey.

Alex. Brown, a division of Raymond James, appointed managing director and client advisor Todd Kissel; vice president, investments and client advisor Joshua Pasahow; investment portfolio associate Ida Ng; and senior client service associate John Rivera based in the Park Avenue, New York City office of Alex. The team, which operates as East Coast Advisors, came to Alex. Brown from Morgan Stanley, where they managed over $500 million in client assets and generated more than $3.3 million in annual fees and commissions.

Oppenheimer & Co, wealth manager and investment bank, appointed two newest branch managers. Kevin Friedman joins as the branch manager for the Los Angeles office, and Christopher DiPenta joins as branch manager for the Florham Park and Summit, New Jersey offices. Friedman began his career at Merrill Lynch. Prior to joining Oppenheimer, Friedman spent 18 years with Wells Fargo Advisors. DiPenta, who has more than two decades of experience in the industry, was previously a senior vice president at Stifel.

RBC Correspondent Services, a clearing firm for independent broker-dealers, and RBC Advisor Services, which is a custodian for registered investment advisors, appointed Dave Hutchinson as a business development manager. Previously, Hutchinson has held senior roles in sales and relationship management at Charles Schwab Advisor Services and Fidelity Investments.  He has also led distribution efforts for portfolio management, technology and platform services that target the investment community.

tru Independence, a wealth management firm, appointed Craig Butler as managing partner, based in Atlanta, GA. Butler has more than 20 years of experience in the financial sector. Most recently, he served as co-founder of TruClarity, a platform that guides advisors to independence. Prior to that, he held an 18-year tenure at Fidelity and was both vice president and regional vice president of business development.

Citi Private Bank appointed Rob Laughlin as regional market manager for the Metro New York team. Laughlin moved from Los Angeles, where he served as regional market manager, to New York and he will report to Ida Liu, global market manager Metro New York. Prior to his role as regional market manager in the West, Laughlin served as head of Citi Trust North America.

The bank also said James Rudolph re-joined the firm as managing director and ultra-high net worth private banker on the Metro New York Team. Rudolph reports to Liu as well.

Wilde Wealth Management appointed financial planner Dustin Brown as affiliated advisor based in Scottsdale, Arizona. He does business under the name DM Brown Financial Services. Brown has over 12 years' experience in the industry.

HSBC's private bank made four new Americas regional appointments: Steve Simon, regional head of credit advisory; Alex Catterick, alternative product specialist; Vincent Fontana, regional fixed income product specialist; and  Vikram Singh, regional structured product specialist.

A father-and-son team formed a new independent wealth advisory firm, Entruity. The creators are Bradley C Barnes, son Andrew. Both men worked at Morgan Stanley; in the case of Bracley Barnes, he has worked at that firm for more than 36 years.

Baker Tilly Virchow Krause, the law firm, appointed Jeff Jorge, principal, to head the firm’s international services practice. Jorge previously served as desk leader for Baker Tilly’s international growth services practice and Latin America-US services. He joined Baker Tilly in June 2015 after a successful merger with Global Development Partners, a firm he founded.

Westchester Capital Management, a RIA, added two senior members of its team: Reny Mathew, who joined as associate director of sales and investor relations, and J T Fucigna, who joined as managing director of business development.