People Moves

Who's Moving Where In Wealth Management? - State Street, Old Mutual International

Editorial Staff 29 November 2019

Who's Moving Where In Wealth Management? - State Street, Old Mutual International

The latest wealth management moves across the Asia-Pacific region.

State Street
State Street, the US financial services group, has appointed Cara Brosnan as head of sector solutions for Australia and Southeast Asia, with immediate effect.  
 
In this newly-created role, Brosnan will lead sales across all of State Street’s products and client sectors, including asset managers, asset owners, insurance, official institutions and alternatives in Australia and Southeast Asia. Based in Sydney, she will report to Jason Rich, head of sector solutions, Asia-Pacific.  
 
Brosnan has more than 17 years of experience in sales and business development within the banking and financial services sector. Prior to joining State Street, she served as the regional head of Insurance Sector Sales for HSBC Securities Services in Asia-Pacific. Based in Hong Kong, she was responsible for leading HSBC’s custody and fund administration growth in the insurance sector across Asia. Before moving to Hong Kong, she was the sales director at HSBC Securities Services in Australia and Europe.

Old Mutual International
Old Mutual International, part of Quilter, has hired two new directors in Singapore to serve rapid growth in high net worth clients in the region. Claire Tan and Christabel Fernandez, will broaden the sales team in Singapore and South East Asia, seeking to extend the wealth manager’s distribution partnerships and support existing regional relationships, the group said.

Tan joins from the private banking sector where she spent time as a portfolio counsellor and relationship manager. Prior roles included multi-family office and asset management remits in the independent wealth sector.

Fernandez was previously an institutional broker specialising in the ultra-high net worth insurance space advising private bankers and their clients. Her experience also includes relationship management covering the high net worth South East Asia segment at multinational banks.

The CEO for Singapore at Old Mutual International, Ian Kloss, said that they will bring broader coverage, and increase headcount and “industry connections”.

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