North America

Citi appointed Anil Wadhwani as head of consumer banking in
Europe, the Middle East and Africa, replacing Marc Luet who was recently
appointed cluster head for Central and Eastern Europe and Citi country officer
for Russia. The area of responsibility at Citi includes wealth management (not
including the private bank, however, which caters to ultra high net worth
clients). Wadhwani previously served as the head of Citi’s cards and unsecured
loans business for Asia and the head of its consumer banking business in South
East Asia.

California-based
PIMCO, an international investment management firm, hired Virginie Maisonneuve
as managing director, global head of equities and portfolio manager.
Maisonneuve was previously head of global and international equities at
Schroders. In her new role, Maisonneuve is involved in the development and
implementation of new equity and asset allocation strategies.

UBS Private
Wealth Management added The Binder, Chiate, Oratz & Brown Team in Los
Angeles, CA, from Merrill Lynch’s private banking investment group. Binder,
Chiate and Oratz all spent the last 13 years as managing directors within the
private banking and investment groups at Merrill Lynch. Prior to Merrill,
Binder was at Goldman Sachs, where he was a vice president in the private
client services division. Chiate spent eight years at Goldman Sachs, where he
served as a vice president in the private client services division. Prior to
Merrill, Oratz served at Goldman Sachs as a vice president in the private client
services division. Prior to joining UBS, Brown spent ten years in the private
banking and investment group at Merrill Lynch.

A $129
million team operating as The Borowiak/Sotland Wealth Management Group joined
Wells Fargo Advisors’ private client group in Buffalo, NY. The team is
comprised of financial advisors and private investment managers Matthew Sotland
and Donald Borowiak, who joined from UBS and have 57 years of combined
experience in the industry.

Florida-headquartered
Gibraltar Private Bank & Trust hired Douglas Sawyer as senior vice
president and market executive in Miami, FL. Sawyer is responsible for
administration and growth of the market's client portfolio as well as
development of the bank's fiduciary account area. Sawyer joined Gibraltar from
his role as president at Nason Consulting, a bank consulting company that
provides strategic, operational, regulatory, management, staff and market
guidance to community banks.

Dallas,
TX-based 1^st Global, a research and consulting partner to CPA and
wealth management firms, appointed Matt McBride as its new chief information
officer.

McBride
joined 1st Global from ADT Security Services, a division of Tyco International,
where he served as solution delivery director since 2011, responsible for all
technology delivery such as architecture, application, mobility and data
solutions for a $12 billion enterprise. In his new role as CIO, McBride oversees
the company's efforts to provide the tools, software and technology necessary
to run a wealth management business.

Illinois-based
Mesirow Financial hired Stephanie Feldman as a vice president and wealth
specialist, focused on the areas of estate and trust. Based in Chicago and
Highland Park, IL, Feldman operates as part of The Gordon Wealth Management Group,
which works with individuals, families, business owners, non-profits and
foundations. Feldman has 14 years of experience in the investment industry, the
last eight of which she spent as a senior trust officer at US Trust Bank.

A Portland,
OR-based team - comprised of senior advisor Joseph Opsahl and advisor Chris
Hatfield - left Merrill Lynch’s private client group to join TRUE Private
Wealth Advisors. Opsahl has nearly 30 years of experience in the financial
industry and spent the last four years with Merrill Lynch in Portland. Opsahl
provides wealth management, investment consulting and financial planning
services to high net worth families, corporations, retirement plans and foundations.
Hatfield also joined TRUE from Merrill Lynch’s Portland office.

US Bank
Wealth Management promoted Mike Ott to president of the Private Client Reserve,
the firm's high net worth business. Ott, who previously served as central
region president and Twin Cities market leader for the PCR, is a member of US
Bank’s Wealth Management Executive Committee. Ott joined Minneapolis-based US
Bank in 2009 as head of investments for the PCR in Twin Cities.

Florida-based
Chilton Trust Company, a trust company and wealth management firm, bolstered
its wealth management business with three senior hires.

The hires
include Harry Grand, senior vice president and head of client relations; David
Phelps Hamar, senior vice president and head of wealth advisory services; and
Benjamin Brewster, senior client relations advisor. Grand oversees all
relationship management activities for clients and is a member of the External
Managers Investment Committee. Before joining Chilton Trust, he was a senior
vice president and relationship manager at Lazard Wealth Management,
responsible for investment policy formation, asset allocation and client
relationship management.

Hamar is in
charge of wealth advisory services and for coordinating family office services.
He is latterly of Silvercrest Asset Management, where he held a range of roles
including as a managing director; member of the management committee; portfolio
manager; co-chairman of family office services; and director of global tax
services. Lastly, Brewster has been named senior client relations advisor. He
has over 25 years of industry experience, having previously advised family
office clients as managing director at Silvercrest Asset Management.

BMO Global
Asset Management bolstered its US investment team with the addition of Pete
Papageorgakis and Casey Hatch in Chicago, IL. Papageorgakis joined as managing
director, head of product development and management, while Hatch now serves as
associate, product development and management.  Papageorgakis oversees the
creation and implementation of investment strategies. Prior to joining BMO
Global Asset Management, he worked in product development and strategy roles
for a number of financial services providers. Hatch conducts industry and
competitor research for the creation and implementation of investment
strategies. Most recently, Hatch worked in product development, research and
analysis.

OppenheinerFunds
made three senior hires in New York as the firm strengthens its marketing
force. Joining from BlackRock as senior vice president of strategy and market
planning is Peter Mintzberg, who spent seven years at his former firm in a
range of roles including head of marketing and head of strategy, Latin America
and Iberia. Stephen Tisdalle joined as senior vice president of brand marketing
from Ogilvy & Mather, where he was a managing director in charge of
marketing services across the agency. Lastly, Rupa Athreya joined
OppenheimerFunds as head of product development, having latterly served as head
of strategy for Chase Wealth Management.

US Bank Wealth
Management appointed Leela Rao as director of business strategy for the Private
Client Reserve, which serves high net worth individuals, families and
foundations. Rao designs and implements business strategies that will
contribute to client acquisition, client retention and business growth, US Bank
said. Rao was formerly senior vice president and practice leader for
Think2Perform, an organizational management and business consulting firm.

James
Quigley, chief executive emeritus and a retired partner of Deloitte, was
elected to Wells Fargo’s board of directors. Quigley serves on the board’s
audit and examination committee. He served as CEO of Deloitte Touche Tohmatsu
(the Deloitte global network) from 2007 until 2011. After serving as CEO of
DTTL and Deloitte, Quigley retired as a senior partner with the latter in June
2012..  

Maryland-headquartered
Sandy Spring Break appointed three new team members to the Sandy Spring Trust
wealth management team, which serves high net worth and ultra high net worth
clients. The team includes Andrew Seested, private wealth advisor; Jennifer
Cumming, senior investment advisor; and Boris Wessely, senior investment
advisor. Prior to joining Sandy Spring Trust, Seested was a vice president and
senior relationship manager, while Cumming has experience as a vice president and
senior investment advisor. Wessely was formerly a vice president and senior
investment advisors.

UBS
recruited The Reinhold Group in Buffalo,
NY, from Morgan Stanley.

The group
is comprised of John Reinhold, who has $120 million in assets under management,
and Derek Reinhold, with $24 million. Derek Reinhold began his career as a
sales liaison with Morgan Stanley’s consulting group and its predecessor firm
in Wilmington, DE, in September 2005. A year later he was promoted to regional
consulting group technical analyst in Seattle, WA, and then onto Los Angeles,
CA, in the divisional office in August 2007.

HNW, Inc, a
US marketing and technology firm specializing in the financial services sector,
appointed James McLaine as group creative director. McLaine is responsible for
HNW’s creative services group, and as such is in charge of content strategy;
editorial and marketing communications services; user experience; and graphic
design. McLaine has over 18 years of experience working with firms - such as
American Express, BNY Mellon, Citigroup and Credit Suisse – in the area of
creative services.

Barclays
appointed Elyssa Kupferberg as a director and investment representative within
the firm’s wealth and investment management division, based in Palm Beach, FL.
Kupferberg - latterly of BNY Mellon - is charged with providing Barclays’
global wealth management programs and alternative investment strategies to high
net worth individuals, foundations, corporations and non-profit organizations. She
spent 14 years at her predecessor firm, BNY Mellon, most recently as the senior
sales director and senior vice president.

Long-time
financial advisor Mark Orgel launched Orgel Wealth Management, an
employee-owned, independent investment advisory firm based in Altoona, WI.

The new
firm serves individual investors, trusts, foundations, retirement plans and
corporations. Orgel previously worked at RBC Capital Markets.

Atlantic
Trust, the private wealth management division of Invesco, appointed Elizabeth
Connelly as a vice president and wealth strategist in Boston, MA.

Connelly
joined Atlantic Trust from the trusts and estates department of Rackemann,
Sawyer & Brewster, where she focused on estate planning, estate
administration, trust administration and tax work matters.

Morgan
Stanley Wealth Management recruited two financial advisory teams in Oklahoma
and Kentucky from Edward Jones and UBS respectively. Ted Bowling and Aaron
Bowling joined Morgan Stanley’s Oklahoma City, OK, office from Edward Jones.
Meanwhile, Robert Schneider joined the firm’s Louisville, KY, office from UBS.
Schneider is joined by his partner, Paige Abner-Peden, along with group
administrator, Stephanie Valsted, and senior registered associate Anne Cheaney.

RBC Wealth
Management hired Rob Spawn as senior managing director of the firm’s San
Francisco, CA, complex. Spawn joined RBC Wealth Management from UBS, where he
expanded the firm’s presence in Las Vegas; led
the Nevada-Utah and Houston
complexes, and, most recently, served as associate complex director for
Arizona/New Mexico. In his new role at RBC, Spawn oversees around 70 financial
advisors and 125 employees across San Francisco;
San Jose; Fresno;
Monterey; El Dorado Hills; Walnut
Creek; Santa Rosa; and Oakland.

New
York-headquartered Goldman Sachs said that Michael Evans, vice chairman and
global head of growth markets, decided to retire at the end of the year after
more than 20 years at the firm. He became a senior director upon his
retirement, the firm said in a statement. In 2003, Evans became global co-head
of the securities division, where he was responsible for investors and
companies globally.

Wells Fargo
Advisors Financial Network, the independent brokerage arm of Wells Fargo, named
Rick Calhoun as managing director of the firm’s innovation and growth team.
Calhoun represents the independent brokerage and its practices as regards
corporate strategies. He focuses on driving growth and developing practice
management strategies across the business. Calhoun joined Wells Fargo Advisors
Financial Network in 2008 and was most recently the northeast regional director
for the branch development group.

Wilmington
Trust bolstered its wealth advisory team in Florida with the addition of
Michael Engelbrecht and Michele Vogel as senior private client advisors, and
Katrina Lee as senior investment advisor. Engelbrecht, a managing director and
senior private client advisor, is responsible for providing wealth management
advice to high net worth individuals, families, business owners and
entrepreneurs. He has previously served as a managing director with Deutsche
Bank Securities. Meanwhile, Vogel provides wealth management advice to HNW
individuals, families, business owners and entrepreneurs, based in Palm Beach. Vogel
served as vice president at PNC Wealth Management in Palm Beach County, and was
a senior vice president and trust officer at Northern Trust prior to that. Lee
develops investment portfolios for HNW clients and foundations. She was
formerly executive director of Barnstar Funds.

Rothstein
Kass promoted five high-profile team members including new principals Miri
Forster, Sabrina Ho, Peter Kehrli and Jay Shepulski, and senior director Kevin
Sasz. Forster has nearly 20 years of IRS practice, procedure and controversy
experience. Shepulski provides audit, accounting and business advisory services
to domestic and international clients, in both publicly-traded and
privately-held sectors.. 

Ho provides
tax compliance and consulting services to high net worth individuals and family
offices, while Kehrli specializes in audit and tax services for domestic and
offshore alternative investment vehicles. Sasz, a senior director, oversees tax
issues and consults on trading strategies.

Citi Private
Bank made two senior ultra high net worth hires in Palm Beach, FL.

Phillip
Edwards was named a director and UHNW banker while Adam Gillam joined as a vice
president and UHNW private banker. Edwards most recently worked at JP Morgan
Private Bank and Genspring Family Offices in Palm Beach Gardens, FL.

Gillam
joined Citi from Wells Fargo in Palm Beach, where he was latterly a vice
president and senior private banker responsible for advising high net worth
families on all aspects of wealth management.

Rinehart
Wealth Management recruited three Charlotte, NC-based financial executives for
its newly-formed advisory board. G Kennedy Thompson, Charles Conner and Cindy
Wolfe work alongside Rinehart president and chief investment officer, Daniele
Donahoe, and founder and CEO, Mary Rinehart.

The new
board helps direct the firm on future growth and development goals, including
strategic planning and process improvement. Thompson is a principal at New
York-based Aquiline Capital Partners, having joined the private equity firm in
2009. Conner, meanwhile, is one of three co-founders of investment banking firm
Bowles Hollowell Conner, which was bought by First Union.

Wolfe has
26 years of experience in the banking industry and serves as metro Charlotte
market president for Bank of the Ozarks.

The
PrivateBank, part of Private Bancorp, appointed Rose Panico-Marino as managing
director of private wealth in Chicago,
IL, with a focus on retirement
plan solutions. Panico-Marino joined The PrivateBank from Verisight, where she
was managing director and part of a leadership team focused on devising
retirement plans for clients.

Raymond
James recruited the firm Provenance Wealth Advisors - consisting of 10 advisors
and 14 registered associates - in Fort Lauderdale, FL. The team was led by
owners Eric Zeitlin, Todd Moll, Lee Hediger and Scott Montgomery. They joined
Raymond James from Walnut Street Securities, where they managed more than $1
billion in client assets

BNY Mellon,
made a string of hires in recent months, and appointed Heneg Parthenay as chief
operating officer of BNY Mellon Asset Management International, based in
London. In his new role, Parthenay is responsible for assisting in the
management of BNY Mellon AM International, with a focus on developing and
implementing strategy for the insurance channel. Parthenay spent the last eight
years at Aviva, latterly on the executive team of their global asset management
arm, Aviva Investors.

SCBT Wealth
Management, part of First Financial Holdings, appointed David Kirkpatrick as
senior vice president and portfolio manager in its wealth management group. Kirkpatrick,
with more than ten years’ experience in the investment management industry,
previously spent six years with a southeastern regional bank, where he served
as a vice president and portfolio manager in the South Carolina market. In his
new role, Kirkpatrick focuses primarily on portfolio management for the South Carolina markets
of SCBT and First Federal.

New York-based Lebenthal Holdings, a woman-owned boutique
investment bank, launched Lebenthal Wealth Advisors, a private wealth advisory
division, led by Jeffrey Lane and Frank Campanale. Lane serves as chairman of the board of
Lebenthal Holdings, while Campanale serves as chairman and chief executive of
LWA. In addition, Andrew Grillo, a former regional director of Smith Barney,
is president of LWA; James B Lebenthal serves as chief investment officer and
market strategist; and James A Lebenthal has become chairman emeritus. Lane was
previously CEO of Bear Stearns Asset Management; chairman and CEO of Neuberger
Berman; and a vice chairman of Lehman Brothers. Campanale is latterly of First
Allied Wealth Management.

Cornerstone
Real Estate Advisers brought in Pamela Boneham from Deutsche Asset & Wealth
Management as a portfolio manager for one of its largest separate accounts.

Boneham
joined Cornerstone on October 21. She helps with Cornerstone’s business
development activities. Boneham has spent the last 16 years as a portfolio
manager and managing director for Deutsche Asset & Wealth Management -
formerly known as RREEF - where she was lead portfolio manager for several
public and corporate pension fund separate accounts.

Pacific
Trust Bank and The Private Bank of California, subsidiaries of Banc of
California, merged into a single entity named Banc of California. Pacific Trust
Bank completed its previously-announced sale of eight legacy branches in San
Diego, Riverside and Los Angeles counties to AmericanWest Bank, a Washington
state chartered bank.

Aviva
Investors Americas hired Jeff Jones as a high yield trader in Chicago, IL.

Jones
joined Aviva Investors from Tejas Securities Group, with over 10 years of
experience in the investment industry. He previously traded high yield bonds at
FBR Capital Markets, Barclays Capital, and worked as an analyst at Goldman
Sachs.

Opus
Capital Management, the Cincinnati, OH, employee-owned investment management
firm, added Nathan Bishop as a portfolio manager within its wealth management
team. Bishop was latterly chief investment officer and senior portfolio manager
at Haberer Registered Investment Advisor.

Investcorp
appointed Lionel Erdely as head of hedge funds and chief investment officer in
New York. Erdely joined from Lyxor Asset Management, a subsidiary of Societe
Generale Group, where he served as chief investment officer since 2004 and
chief executive of Lyxor since 2009. In his new role at Investcorp, Erdely
oversees the New York hedge fund group’s strategic direction and investment
decisions, as well as managing day-to-day operations. He also serves as a
member of the firm’s management committee.

Babson
Capital Management, the global asset management firm, brought in Ricardo
Adrogue and Brigitte Posch to lead the firm’s new emerging market debt
investment team, based in Boston, MA, and London, respectively. Adrogue joined
from Cabezon Investment Group, where he was an emerging market fixed income
portfolio manager. Posch joined Babson Capital from PIMCO, where she was
executive vice president and head of emerging market corporates. In their new
roles, Adrogue heads the team and oversees portfolio management activities for
sovereign and local currency strategies, while Posch heads up portfolio
management activities for all emerging market corporate debt strategies.

Chicago,
IL-based HighTower, the advisor-owned firm, named its chief operating officer,
Michael LaMena, as president. LaMena succeeds Drew Kornreich, who HighTower
said has moved into an advisor role focusing on corporate finance and strategic
M&A activities, while retaining his equity stake in the company.

LaMena has
been COO since 2011 and will retain this position alongside his new role as
president.

This move
is one of several executive team changes the firm has made. For example,
Michael Parker is now national director of HighTower’s enterprise development
and relationship management unit, overseeing business and advisor development
initiatives; Mike Papedis is national director of business development; and
Matthew Camden is now chief of staff, serving as a liaison between executive
management and departments across the firm.

First
Financial Trust & Asset Management Company hired Bradley Brown as senior
vice president, based in Orange, TX, until the firm opens a new office in
Beaumont next spring. Brown has been a principal of accounting firm Edgar,
Kiker & Cross since 1991.

RBC Wealth
Management added The Resin Hammitt Group to its Manhattan Beach, CA, office. Philip
Hammitt and Jonathan Resin joined RBC from Merrill Lynch and have a combined 40
years of experience in the financial services industry. In New York, RBC Wealth
Management appointed Ira Mark and Michael Berger as senior vice presidents and
financial advisors in Midtown. They have 22 and 14 years of industry experience
respectively. Nadira Ramnarain, senior registered client associate; Michael
Carlin, registered client associate; and Jessica Laurino, registered client
associate, also joined.

PENSCO
Trust Company, an alternative asset custodian, appointed Eileen Loustau as head
of marketing. Loustau, with more than 20 years’ marketing experience, most
recently served at BlackRock as global head of social media, where she was
responsible for building its social media program. In her new role, Loustau is
responsible for PENSCO's marketing and communications strategy. 

Richard
Bernstein Advisors, an investment firm founded in 2010 by former Merrill Lynch
chief investment strategist Rich Bernstein, hired Terry Ober as a regional
investment specialist covering the Northeastern part of the US. John McCombe,
president of RBA, said that Ober works closely with the firm’s “key partners” -
Eaton Vance and First Trust - on portfolio positioning across various asset
allocation and equity strategies. Ober was previously regional vice president
for ING US Investment Management.  

Independent
financial advisors Romaine Macomb and Theresa Donatelli joined LPL Financial’s
Northstar Wealth Partners office. In their move to Northstar, they were joined
by retirement plan coordinator, Ellie Kasimir.

Lincoln
Financial Network, the retail wealth management affiliate of Lincoln Financial
Group, appointed Gene Mulligan - latterly of Merrill Lynch - as senior vice
president for investment products and platform. Mulligan leads LFN’s wealth
management platform, including its managed account strategy, products and operations.
Mulligan is formerly of Merrill Lynch Global Investment Solutions, where he was
a managing director as well as head of business strategy and development for
the Merrill Lynch global investment and advisory platforms. The move comes
after Bill Fortner was appointed in June as managing director of Lincoln
Financial Advisors to lead the Pacific regional planning group.

Palm Beach,
FL-based Chilton Trust Company, a trust company and wealth management firm,
hired three senior wealth management professionals.

Harry Grand
is the firm’s new senior vice president and head of client relations; David
Hamar joined as senior vice president and head of wealth advisory services; and
Benjamin Brewster is a senior client relations advisor. Grand oversees all
relationship management activities for clients and is a member of the external
managers investment committee. Before joining the firm, Grand served as a
senior vice president and relationship manager at Lazard Wealth Management,
where he was responsible for investment policy formation, asset allocation and
client relationship management.

Hamar oversees
wealth advisory services and coordinates family office services for various
clients. He was previously a managing director, portfolio manager, co-chairman
of family office services and director of global tax services at Silvercrest
Asset Management. Brewster serves as a senior client relations advisor to US
clients and works on the firm's strategic initiatives. Brewster has over 25
years of experience in the industry, having previously served as a managing
director at Silvercrest Asset Management. Along with these hires, Chilton Trust
also announced that senior vice president John Rau has assumed the position of
head of fiduciary services and oversees all fiduciary and trust-related
services for the firm. 

Executive
recruiter Laura Pollock launched Third Street Partners, a New York City-based
executive search firm specializing in the investment management sector.

Pollock was
latterly a partner at David Barrett Partners. David Schumer joined Third Street
Partners as a principal from David Barrett Partners, where he was a consultant.

Wellesley,
MA-based Robert Norberg joined Weston Financial, a division of Washington Trust
Wealth Management, as vice president and business development officer. Norberg
joined Washington Trust after 18 years at Fidelity Investments, where he most
recently served as vice president of client service operations and process
improvement for Fidelity’s stock plan services business.

In his new
role, Norberg oversees Weston’s corporate relationships and helps companies
develop financial planning programs for executives.  

Lia
Yaffar-Pena, president at ES Financial Services, the brokerage unit of Miami,
FL-based Espirito Santo Bank, left the firm to “pursue other interests”. Yaffar-Pena
was also senior vice president and head of the bank’s wealth management division.
Lionel Baugh was brought in as president of the brokerage when Yaffar-Pena
announced her departure. Baugh joined from Global Strategic Investments, where
he worked from 2009 until 2012 as president and chief executive.

HD Vest,
the independent broker-dealer focused on tax and financial planning, named Ruth
Papazian as chief marketing officer and head of recruiting, and appointed Adi
Garg as chief information officer. Specifically, Papazian oversees HD
Vest’s advisor recruiting and marketing communication activities. She has over
30 years of experience serving in these types of role, having latterly been
executive vice president and chief marketing officer for LPL Financial. Meanwhile,
Garg was most recently vice president for Cash America, where he led strategy
and infrastructure operations.

United
Capital Financial Advisers acquired a Scottsdale, AZ-based wealth management
firm called Brotherton Investment Consultants, in a move adding some $150
million in assets under advisement. Brotherton Investment Consultants was
founded in 1998 by husband-and-wife Donna and John Brotherton, who have 26 and
32 years of industry experience respectively. They join United Capital as
managing directors.

Stephanie
Zaffos joined Convergent Wealth Advisors as the firm’s director of trust and
estate planning. Zaffos has 15 years of industry experience - at firms
including Venable, Proskauer Rose and Katten Muchin Rosenman - and specializes
in estate planning for ultra high net worth clients.

Durraj
Tase, an experienced capital markets executive, launched a new registered
investment advisory firm called DT Investments in New Jersey. Most recently,
Tase worked at Deutsche Bank Private Bank as head of the Americas market
coverage group. He was also responsible for marketing, sales, regulatory,
client relationships and client suitability matters for the private bank brokerage
business.

JP Morgan Chase & Co appointed Dana Deasy as chief
information officer, responsible for the New York-listed firm’s technology
systems and infrastructure across all of its business globally. Mike Ashworth, was named deputy CIO
for the company and CIO for the consumer and community banking business. Deasy
will join in December from BP, the $400 billion global energy company, where he
was chief information officer and group vice president responsible for global
IT, procurement and global real estate.

HSBC Global
Asset Management, part of the UK/Hong Kong-listed banking group HSBC, appointed
Mary Bowers as a senior global high yield fund manager in its global fixed
income team, based in New York. Bowers manages the HSBC GIF Global High Yield
Bond Fund and the recently-launched HSBC GIF Global Short Duration High Yield
Bond Fund. Bowers previously worked at Aberdeen Asset Management/Artio Global
Investors (formerly Julius Baer Asset Management) in New York, where she had
ten years of experience in global high yield portfolio management.

New
York-headquartered Goldman Sachs named Robert Zoellick, former president of the
World Bank Group, as chairman of the firm’s 16-strong team of international
advisors. Zoellick advises Goldman Sachs on global strategic issues and oversees
the work of its international advisors. Zoellick completed his five-year term
as president of the World Bank Group in June 2012. Prior to his appointment to
the World Bank in 2007, he served for a year as vice chairman, international,
at Goldman Sachs.

Two
financial advisory teams with a total of $439 million in combined assets under
management joined Wells Fargo Advisors’ private client group. John Phillips,
Darrell Jones and Scott Dickerson joined the Salt Lake City, UT, branch from
UBS. Meanwhile, the Climer Wealth Management Group - comprised of father-son
team Michael and Wes Climer - joined in Charlotte,
NC, from Merrill Lynch, Pierce,
Fenner & Smith. 

US Bank
Wealth Management promoted Bryan Benedict to private banking managing director
for The Private Client Reserve of US Bank in Minneapolis, while it also hired
Kane Phillips as a wealth management consultant for the PCR in Seattle.
Benedict leads a team of private bankers serving high net worth individuals and
their families. He was previously a commercial banker with Excel Bank and
a bank examiner with The Federal Reserve Bank of Minneapolis. In his new
role, he works to create connections among prospective and existing clients
within the Puget Sound region, US Bank said.

Gupta
Wealth Management, a seven-strong former UBS financial advisory team, is now a
$540 million assets under management registered investment advisor with the
Securities and Exchange Commission. The team, led by Ajay Gupta, provides
clients with financial and investment strategies including wealth transfer and
preservation, business services, retirement strategies and solutions, estate
planning strategies, private money management and concentrated stock
strategies. Gupta has been a financial advisor for 20 years, with early roots
at Merrill Lynch and then UBS.

RBC Wealth
Management appointed Ira Mark and Michael Berger as senior vice presidents and
financial advisors in Midtown, NY. Mark and Berger joined RBC Wealth Management
from Morgan Stanley, where they managed around $1 billion in client assets.
Also joining RBC Wealth Management was Nadira Ramnarain, senior registered
client associate; Michael Carlin, registered client associate; and Jessica
Laurino, registered client associate. RBC also added The DiChiaro-Bourgault
Group to its Providence, RI, office. The DiChiaro-Bourgault Group joined from
JP Morgan Securities and has some $192 million in assets under management.

New
York-listed Genworth Financial Wealth Management established the company's
governing board of directors, as it appointed industry veterans Charles
Goldman, Hal Strong and Steven Spiegel. Goldman joined as chairman of the
board, having previously served as president of custody and clearing at
Fidelity Investments. Prior to this, Strong was vice chairman of Russell
Investments, having previously served as chief operating officer, chief
financial officer, head of alternative investments and head of investment
banking. Spiegel is a partner at Aquiline Capital Partners and has significant
experience leading asset management firms. He was previously vice chairman of
Putnam Investments.

BNY Mellon
appointed Helen Nugent to a newly-created role as a managing director of sales
to lead business development efforts in BNY Mellon Wealth Management’s
Southeast region, as the firm continues to build out this part of its business.

Nugent
oversees a team of five sales directors across a six-state region.

Nugent
joined BNY Mellon from Northern Trust, where she held a number of leadership
roles over a period of 18 years. Most recently, as senior vice president she
drove a pilot program serving not-for-profits, endowments and foundations.

Sarah
Bewley left her role as a fund analyst at the UK investment manager Quilter
Cheviot to take up a similar position at TD Bank in Toronto, Canada.

At Quilter
Cheviot, Bewley covered US, Asia and emerging market funds.

Having
started in her new role as a senior fund analyst within the portfolio advice
and investment research team at TD Bank in September, Bewley will now focus on
developing model portfolios for clients, a TD spokesperson said. Relocating to
London in 2008, Bewley served as a fund analyst at Morningstar OBSR, where she
worked for three years.

Charles
Cauthen, executive vice president and chief financial officer at Tampa,
FL-based Walter Investment Management, is leaving the firm in early 2014.

The firm
said Cauthen joined former parent company, Walter Energy, in November 2000.

Janney
Montgomery Scott, the Philadelphia, PA-based wealth management and investment
banking firm, took on an eight-strong advisor team in West Hartford, CT.

The team is
comprised of Robert Black, Ned Manuel and Ed Blumenthal – all senior vice
presidents of wealth management; Bob Borkowski, vice president of wealth
management; Malcolm Berman, account executive; Samantha Prokop, private client
assistant; Jennifer Roth, a registered private client assistant; and Amy Wells,
a private client assistant. The team is latterly of Merrill Lynch. In August,
Janney appointed Peter Price as senior vice president/complex manager of the
firm’s Maine and New Hampshire complex, while earlier in the month it added
former Morgan Stanley senior manager Vincent Crognale to its Greenville, DL,
branch office as first vice president/wealth management.

Northern
Trust, the New York-listed wealth management firm, named Drake Jackman as
managing director of its international wealth advisory team in Miami, FL.

Jackman is
charged with growing Northern Trust’s international business in Miami and
beyond, while providing ultra high net worth clients across Latin America with
wealth management, trust and banking services. Jackman previously worked with
Northern Trust clients throughout the Latin American market and has spent time
living in Mexico, Central America and Colombia during his career.

AIG Advisor
Group, an independent broker-dealer network, promoted Erica McGinnis to serve
as president and chief executive. She most recently served as senior vice
president and chief compliance officer. Along with the senior leadership team
at Advisor Group, she pursues strategies to enhance the service platform to
better serve current financial advisors and to attract new registered
representatives to the organization. In her previous role, McGinnis oversaw all
supervisory activities for Advisor Group.

Morgan
Stanley’s Graystone Consulting appointed Garry Bridgeman as an executive
director, financial advisor and institutional consulting director within its
wealth management business in Atlanta, GA. Bridgeman provides consulting
services to philanthropic organizations, governments, corporations and
individuals. He spent over 34 years as a global institutional consultant and
private wealth advisor at Merrill Lynch, but most recently worked within the
private banking and investment group.

Merrill
Lynch Wealth Management hired an advisor team from UBS Private Wealth
Management with over $1 billion in assets and over $11 million in production.

The team -
comprised of Stephen Ruvituso, Lee Konopka, Robert Matluck and Todd Stankiewicz
- joined Merrill’s White Plains, NY, complex. Meanwhile, Robert Brust joined
Merrill’s Ponte Verda, FL, office from Wells Fargo.

Chicago,
IL-based investment management firm RiverNorth Capital Management bolstered its
team with three new appointments. David Gifford joined RiverNorth as an
investment analyst. Chris Lakumb is a portfolio specialist and responsible for
supporting the investment management team and serving as a liaison between
RiverNorth’s portfolio managers and investor base.

Paul Raskin
joined as a software developer, responsible for data operations and the
development of core infrastructure and proprietary trading systems. Gifford previously
worked as a senior trader on the equity desk at Wolverine Trading for 11 years.
Lakumb has rejoined RiverNorth after relocating to California to work for EverBank as a wealth
management specialist. Raskin has spent more than five years writing financial
software, and most recently wrote futures and options trading applications as a
software developer for RJ O’Brien & Associates.

Raymond
James recruited a team of advisors operating as TSD Capital Group - an
independent firm in Athens, GA - to Raymond James Financial Services, the
firm’s independent broker-dealer. The team includes Bill Schroth, senior
investment advisor and TSD managing partner; Joseph Taylor, senior investment
advisor and TSD managing director; Kip Dominy, senior investment advisor and
TSD partner; financial advisors Bruce Kelly and Ken Hyatt; senior registered
administrative assistant Leigh Anne Kane; and senior administrative assistant
Anna Richardson.

The team
came to Raymond James from Wells Fargo Financial Advisors Network.

Howard
Altman, co-chief executive and principal-in-charge of Rothstein Kass’ financial
services group, was named as treasurer of the Managed Funds Association.

Altman will
also serve for one year as a member of the MFA’s board of directors.

Manulife
Asset Management hired Richard Bonzagni as a managing director within the
firm’s global consultant relations team. He spent the last 13 years with
Cadence Capital Management, a Boston-based boutique investment manager - most
recently as a principal with consultant relations, sales and client service
responsibilities.

Kansas-based
Mariner Wealth Advisors, the independent wealth advisory firm, brought in
Robert Swift as senior vice president of trust and estate planning.

Swift has
25 years of industry experience and joins Mariner from Colorado State Bank and Trust,
where he most recently served as senior vice president and trust manager.
 

BNY Mellon
Wealth Management hired Peter Balesano as senior director for business
development in Westborough, MA. Balesano has 25 years of investment management.
Prior to joining BNY Mellon, he was manager of the wealth management group for
People’s United Bank.

Deutsche
Asset & Wealth Management made four hires to its real estate investment
business in the Americas.
Matthew Jaffe joined as a director and alternative investment specialist in the
global client group. Jaffe previously served as director in the global markets
team at Societe Generale, responsible for marketing across the Eastern US.
Peter Mette joined as a director in the real estate transactions team to focus
on acquisitions in Southern California.

Mette has
over 20 years of industry experience, having most recently been a senior vice
president, and director of acquisitions and dispositions, at KBS Realty Advisors.
Meanwhile, joining as vice president in the real estate asset management team,
Cheryl Charnas will be based in Chicago, IL. Charnas has around 20 years of
experience in commercial real estate and most recently worked as a project
director of transitional assets, and vice president of asset management at
Inland American Business Manager & Advisor. Lastly, Emily Zagorski was named
vice president to lead product development across the real estate investment
platform. Zagorski is latterly of JP Morgan Global Wealth Management.

Wells Fargo
Advisors hired a New York-based team of financial advisors with more than $1 billion
in client assets and a combined production of $5.8 million.

The Alpert
Group joined Wells Fargo in Woodbury,
NY after leaving Morgan Stanley
Wealth Management. The team includes Robert Alpert, Charles Ladenheim, Robert
Fusaro and Michael Montuori. Five client associates - Lisa Alpert, Ann-Marie
Iovino, Mary Anne Leap, Kathleen LoBello and Caroline Roman - complete the Alpert
Group team.

UK

Signia Wealth appointed Michael Rosenthal as head of hedge
fund investment.

Rosenthal joined from Amundi Asset Management, where he was
global co-head of hedge fund investment and head of the firm’s London office.

MetLife promoted Tom Melton to new business
development manager in the South East. Melton joined in December 2011 as an
internal business consultant and was recently promoted to senior internal
business consultant. In addition, Tom Peddie is joining the South West sales
team, having joined MetLife as an internal business consultant in the
financial institutions team in 2012.

London-based asset manager Threadneedle Investments appointed
Richard Vincent to the newly-created role of head of wholesale solutions, based
in London. Vincent
was previously proposition director for Skandia Investment Group/Old Mutual
Wealth, responsible for investment solution development. Reporting to Nick
Ring, head of distribution, in his new role, Vincent is responsible for
developing Threadneedle’s multi-asset investment solutions for the UK and global
intermediary markets.

Kleinwort Benson appointed Claude Cochin de Billy as co-head
and managing director of its private investment office. De Billy previously
worked at UBS Wealth Management, where he was a senior banker in the Swiss
firm’s global family office group.

Royal London Asset Management, part of the Royal London
Group, appointed Michael Lawrence as a fund manager in its property team. Lawrence previously
worked in Strutt & Parker’s retail investment department, having begun his
career at CBRE.

Berry Asset Management, the UK wealth manager, appointed David
Lee as business development manager. He joined from Fidelity International,
where he was an IFA regional sales manager.

London-headquartered asset manager Insight
Investment appointed David Beca as head of farmland management, based in London. Beca reports to
Martin Davies, head of farmland investments at Insight Investment.

Stonehage Law, the London
Law firm which works with the multi family office Stonehage, appointed Michael
Evans as a director. He reports to Len Durham, executive director of the
Stonehage Group and head of Stonehage Law.

Calastone, the global fund transaction network, appointed
Edward Glyn as managing director and head of global client relationship
management.

Glyn joined from SWIFT where he spent nine years in a
variety of roles. Most recently, Glyn headed up SWIFT’s funds business across
EMEA, and the regional team managing SWIFT’s investment management, custody and
asset servicing offerings. He reports to Calastone’s chairman and chief
executive Julien Hammerson and is responsible for the development and execution
of Calastone’s global client strategy.

Jupiter appointed Robert Siddles to manage its US small cap
portfolios. He joined from London-listed F&C, where he was fund manager for
the F&C US Smaller Companies OEIC and SICAV, after 12 years with the firm.
Nish Patel replaced Siddles. He joined F&C in November 2007 and has nine
years’ experience in financial services.

ECM Asset Management, the investment house which is owned by
Wells Fargo, appointed Cristiano Mela as an investment analyst covering
industrial sector firms, having previously worked at Deutsche Bank CIB. Mela reports
to Duncan Warwick-Champion, head of corporate research.

Old Mutual Wealth Management, the holding company for
Skandia and Old Mutual Global Investors, appointed Charlie Eppinger, a fourth
independent non-executive director to its board. Eppinger founded IFDS
(International Financial Data Services) in 1995 and served there as chief
executive officer for 13 years.

Heartwood Investment Management, a division of UK wealth
manager Heartwood, appointed Guy Davies as head of charities. He was most
recently head of charities, trusts and private clients at investment management
firm, Evercore Pan-Asset. Prior to joining Evercore, Davies served as head of
charities and philanthropy at Barclays Wealth, before which he held senior
business development positions at Lazard Asset Management and Baring Asset
Management.

Wealth management firm Praemium appointed discretionary fund
managers Ari Towli and Nick Stanhope to its smart investment management team. Towli
previously served at Singer & Friedlander, Quilter & Co, Rothschilds
and most recently Gartmore and North Investment Partners. At North, Towli was
responsible for fund selection and the management of the firm’s multi-asset
portfolios and funds. 

BNY Mellon appointed Heneg Parthenay as chief operating
officer of BNY Mellon Asset Management International, based in London. Parthenay reports to PeterPaul Pardi,
chief executive of BNY Mellon Asset Management International and global head of
distribution for BNY Mellon Investment Management.

UK-headquartered wealth management house, London
& Capital, appointed Cindy Lim, formerly of HSBC,
as a client relationship manager in its immigration division.

In her previous role at HSBC, Lim worked at its investor
visa business for seven years.

Boutique consulting firm KB Associates appointed Peter
Northcott as an executive director, based in the firm’s London office. Northcott was previously chief
operating officer at Mako Global Investors, Apollo Global Management and
Mulvaney Capital Management. In his new role, Northcott is responsible for
offering hedge fund start-up consultancy, due diligence advisory, change
management consultancy and infrastructure review services in the London alternative
investment market.

Invesco Perpetual announced Neil Woodford will leave next
April. Fund responsibilities will transition to Mark Barnett and the Invesco
Perpetual UK
equities team.

Liontrust Asset Management, the London-based independent
fund management group, appointed John Husselbee as head of the new multi-asset
team and fund manager Paul Kim as a senior fund manager. Husselbee has 23 years
of experience in managing multi-manager portfolios in the UK retail
market, including serving at Henderson and Rothschild Asset Management. Paul
Kim has managed discretionary portfolios and multi-manager funds for more than
30 years.

JP Morgan Private Bank appointed Pedro Gil as its EMEA equity
strategist, based in London.
He reports to Leandro Veltri, head of equities for EMEA and Asia
at JP Morgan Private Bank. Prior to joining JP Morgan, Gil served as lead
publishing analyst covering the European food manufacturing and home personal
care industries at Santander Global Banking & Markets in London.

The UK-South African asset manager Investec appointed Andrew
Mitchell, the former Conservative Party chief whip for the House of Commons, as
a senior strategic advisor. Mitchell, who has previously worked at Lazard, as a
senior strategic advisor.

Withers, the international law firm, appointed partner Julie
Teal to its London
real estate group. Teal is a construction law specialist and joined the
firm from UK
construction practice Fenwick Elliott. In addition, Withers’ real estate
group appointed associates David Holland, who joined the top-tier rural real
estate team from Wilsons Solicitors, and Eloise Morgan, who joined from Falcon
Chambers as a property litigator.

London-based investment manager Sarasin
& Partners, part of Switzerland’s
Bank Sarasin, appointed Phil Collins as a fund manager to its team responsible
for managing multi-asset portfolios. Collins, with more than 25 years’
investment industry experience as a fund manager and analyst, spent 18 years at
Newton Investment Management.

UK-based equity manager Martin Currie appointed Michael Millar
as investment manager to its Asian Equities team. Based in Edinburgh,
Millar reports to Andrew Graham, investment director, head of Asia.
Millar previously served as managing director, regional head of research at
Naeem Brokerage, Cairo

Midlands-based wealth management firm Sorbus
Partners appointed
Steve Hollis as chairman to its advisory board. Hollis, a former chairman of
KPMG’s Midlands practice, continues his role
as deputy chair of the Greater Birmingham and Solihull Local Enterprise
Partnership. In addition to KPMG, Hollis has served on the Industrial
Development Advisory Board, Sport England and has also been served on a number
of private and public company boards.

Jake Moeller left Lloyds Banking Group's investment
subsidiary, Scottish
Widows, to take a strategic research role at Reuters. Moeller led the fund
research behind the firm’s £160 billion (around $255 billion) fund platform and
helped devise Scottish Widows’ P6 investment process, which screens funds by
placing a 20 per cent weighting on their portfolio, process, philosophy and
people and 10 per cent apiece on performance and profile.

Skandia, part of Old Mutual wealth, appointed Colin Betts
and Nathalie Claeys to join its on the road wealth planning team. Betts joined
from the Royal London Group, where he was head of sales training for Bright
Grey and Scottish Provident since 2010, prior to which he was regional sales
manager at Bright Grey. Claeys joined from Legal and General, where she served
as a protection and development manager for nearly five years.

PricewaterhouseCoopers appointed Simon Marriott as a director
and Algernon Kent as a
senior manager to its real estate practice to advise institutional and private
investor clients across all principal property asset classes in the UK and Europe.
Marriot joined from Oxford Properties Group, where he was managing director, senior
vice president investments, Europe. Algernon
served at Hammerson, where he was an investment surveyor in the London team.

UK-based Seven Investment Management appointed
Verona Smith as its new head of platform. Smith joined 7IM from Cofunds, where she
served as marketing director. Before that, she held an industry consultancy
role at The Platforum. In her new role, Smith is responsible for 7IM’s
platform, overlooking sales, relationship management, and the firm’s platform
service offering.

London-based Ashcourt Rowan appointed
Harry Burnham as chief executive officer of its asset management business. Burnham
joined Brewin Dolphin in 2000, following five years at Williams de Broe. At
Brewin Dolphin, he ran the group’s fund research, stepping down in 2008. He was
responsible for a wide range of portfolios and had managed Brewin Dolphin’s
pension fund since its launch in 2004.

Brown Shipley, the UK-based private bank, appointed Jenny
Purves as private client senior manager, based at its Edinburgh office. Purves previously served at
Bank of Scotland and has over 35 years of experience within the financial
industry.

Sanlam Private Investments appointed Graham Faultless as
business development manager for the South East region of the UK. He joined
from Zurich For Intermediaries, where he was a senior sales consultant,
responsible for a panel covering Surrey, Sussex and Kent. Prior to this, he was at
Clerical Medical where he worked both as pensions specialist and sales
development manager.

Old Mutual Wealth appointed Peter Mann as vice chairman
and Steven Levin as global head of distribution. Both report to Paul Feeney,
chief executive of Old Mutual Wealth. Mann was previously managing director for
the UK
market at Old Mutual Wealth. Prior to this, he was chief executive officer of
Skandia UK
before it was merged into Old Mutual Wealth. Levin was managing director for
international markets at Old Mutual Wealth. He was previously product and
proposition director for Old Mutual in South Africa and then globally for
Old Mutual.

UK-based M&G Investments appointed Claudia
Calich to its retail fixed interest team. Calich was previously at Invesco in New York, most recently
as head of emerging markets debt and senior portfolio manager, and before that
at a number of US-based financial institutions. Calich reports to head of team
Jim Leaviss.

Coutts appointed Hans Prottey to the newly-created role of
corporate finance specialist, executive director within Coutts’ strategic
solutions team, based in London.
Prottey was previously at Macquarie Capital and is responsible for the
development and implementation of Coutts' corporate finance referral service
and direct private equity investment opportunities proposition.

Old Mutual Global Investors appointed James Gilbert as an
analyst in the UK
small- and mid-cap equities team, reporting to Daniel Nickols, who leads this
group. Gilbert has worked in this sector of the market for over five years,
starting his career at Deutsche Bank in 2005 moving to Canaccord Genuity in 2008
as a support services equity research analyst.

Saunderson House, the UK-based investment advisor to
individuals and institutions, appointed Duncan Ross as chief operating officer,
a newly created role. He previously worked at Citi Securities & Funds Services’
wealth business.

Adam & Company, the Scottish private bank, appointed
Alisdair Dewar as head of the Edinburgh office
and Ian Massie as head of the Aberdeen
unit. The pair report to Kerry Falconer, managing director of relationship
management. Dewar joined Adam & Company in 1999, becoming a director in
2009.

Legal & General Investment Management appointed
head of asset and allocation management Emiel van den Heiligenberg as head of
management of multi-asset funds. Van den Heiligenberg joined LGIM in August
2013 as head of asset allocation with responsibility for asset allocation
strategy and macro research. Prior to joining LGIM, he was chief investment
officer of the multi-asset solutions group at BNP Paribas Investment Partners.

Switzerland

Bank J Safra Sarasin has appointed Sergio Penchas as head of
its asset management, products and sales division, and as a member of its
executive committee. He took over from Burkhard Varnholt, who resigned. Penchas
resigned from his membership of the board of directors of Bank J Safra Sarasin
Ltd and of J Safra Sarasin Holding AG.

Penchas, a Brazilian citizen, has more than 20 years of
experience in the banking and financial markets industries with the Safra
Group.

Cecile Civiale Vuillier, a former chair of STEP Suisse
Romande, was appointed as director at Corpag Services (Switzerland) in Geneva. Until recently, she was managing
director of Alpadis in Switzerland,
responsible for Swiss operations; she previously spent two years at Bedell
Trust Suisse as director and then managing director. Prior to that she worked
in a management company in Switzerland
for eight years, where she provided international trust and corporate services
to clients worldwide. Civiale Vuillier, who is also a judge for this
publication’s Switzerland/Liechtenstein wealth management awards, is also a
member of WealthBriefing’s Swiss
editorial board.

Appway, the onboarding specialist firm, opened a new office
in Ticino, Switzerland, which is expected to
be home to 30 employees and be a training centre for developers.

The firm has done business in the Ticino
area since 2006; the new office means it will significantly expand its presence
there.

KPMG, the accountancy and professional services firm,
restructured its advisory arm in Switzerland.  Peter Dauwalder took over as head of
transactions and restructuring while Anne van Heerden is in charge of
consulting. Overall responsibility for advisory remains with Stefan Pfister. To
streamline this area of work, the advisory segment will be divided into two
areas, transactions and restructuring and consulting.

Nerine Group of Fiduciaries, part of financial services
provider Nerine Group, appointed Walter Ferrari to the role of finance director
in its Geneva
office. Ferrari, with more than 25 years’ professional experience within the
finance industry, served a number of international finance companies, and was
also a senior member of staff for a private family office where he was
responsible for their accounting and finance requirements.

Europe

Deutsche Bank renewed co-chief executive Jürgen Fitschen’s
contract, which now runs to 31 March 2017. The bank’s supervisory board agreed
the request after it had been proposed at the chairman’s committee on 11
September this year. The contracts of Fitschen and Anshu Jain, co-CEOs of
Deutsche Bank, both continue through to March 31 2017. Both men had asked for
the contract renewal.

Trust Corporation, the Channel Islands-based organisation,
restructured senior management to “pave the way for future growth and
development”, moving Amit Taylor to the newly-created role of group managing
director. One of the company’s founders and former managing director, Michael
Betley, took on the new role of executive group chairman and previous chairman
Tim Betley remained as a non-executive director.

OVS Capital, the investment manager which focuses on
European equity event-driven strategies, appointed Nitin Sharma to its
investment team; it also promoted Manuel Blanco to partner. Sharma joined OVS
as an analyst from Centaurus Capital.

Sal Oppenheim promoted Dr Cordula Haase-Theobald to lead the
Cologne office,
in a move to reinforce its headquarters. Haase-Theobald was previously head of
client and foundation management at Sal Oppenheim and managing director of the
family office Oppenheim Vermögenstreuhand (now Deutsche Oppenheim Family
Office). Having advised wealthy clients for more than 15 years, she replaced
Andreas Winterberg, who left the bank for new opportunities.

iShares expanded its Europe, Middle East and Africa sales teams, and appointed Jessica Eistrand and
Deri Bainge as directors. Eistrand covers the Nordics and Benelux and Bainge
covers Germany, Switzerland and Austria. They report into Leen
Meijaard, head of iShares EMEA Sales. Eistrand has over 13 years of sales
experience in the Nordic region and joins from StormHarbour, where she worked
in the European client solutions team and was responsible for managing Nordic
institutional clients. Prior to this, Eistrand served at JP Morgan. Bainge, meanwhile,
has more than 10 years of experience in sales across German speaking regions in
Europe. He previously worked at Credit
Agricole CIB.

ING Group made a number of senior leadership changes which
it sees as an important step towards its flotation next year. Ralph Hamers took
over from Jan Hommen as chief executive. The appointment was originally
proposed in February 2013 and approved at the Annual General Meeting in May. Lard
Friese was appointed vice-chairman of ING Insurance.

Middle East and Africa

Nedbank Private Wealth, part of the Old Mutual Group,
appointed Marc Beattie and Chris Jones as private bankers to its Dubai-based
regional operations. Beattie, with nearly 15 years’ experience in the financial
services and private banking industry, previously served in a number of
advisory and business development roles in Lloyds TSB International Private
Bank in Dubai and Jersey
since 1999. Jones has over 25 years’ experience in advisory and management
roles within the financial services industry. Prior to joining Nedbank Private
Wealth, he worked as a private banking manager at the Dubai branch of Lloyds
TSB International, managing portfolios of private and high net worth clients
across the GCC region. 

Deutsche Bank appointed Fahad Albader and Adel Dagher as
co-heads of asset management coverage for Deutsche Asset & Wealth
Management in the Middle East and North Africa.
Albader and Dagher have joint responsibility for representing DeAWM and its
investment capabilities to institutional clients across the MENA region. Based
in Dubai, they report to Peter Roemer, head of
DeAWM's global client group, Europe, Middle East and Africa.
Albader joined from Deutsche Bank's Corporate Banking and Securities (CB&S)
division, where he was most recently head of coverage for Kuwait. Dagher
joined after 12 years with Man Group, where he most recently helped to develop
Man’s institutional business in MENA, with a focus on alternatives.

Societe Generale appointed Richad Soundardjee as group chief
region officer for the Middle East, as well as
chief executive of Societe Generale Dubai. He replaced Eric Wormser, who was
appointed in another senior position within the group. Based in Dubai,
Soundardjee reports to Slawomir Krupa, CEO of Central and Eastern Europe,
Middle East and Africa for corporate and investment banking, private banking,
asset management and securities services. Soundardjee was previously head of
global capital markets overseeing the CEEMEA region for Societe Generale
Corporate & Investment Banking, holding that position from 2009. He joined
the French bank in 1994.

The Kuwaiti investment firm, Global Investment House made
Raul Biancardi an executive vice president, as he joined Global to head its
asset and wealth management arms. He served as a top executive for regional and
international financial institutions including NCB Capital, Lehman Brothers,
Deutsche Bank, and Morgan Stanley.

Asian Moves

UBS Global
Asset Management, the asset management arm of Swiss banking giant UBS, named a
new head of investment strategy for its Australia business.

Tracey
McNaughton joined the Australasia team to focus on local economic and
investment research. In addition, she has become part of the Australian
Investment Committee.

McNaughton
was previously a senior investment specialist at Colonial First State, where
she worked for three years. Prior to that, she held specialist roles at Ballie
Gifford, BT Investment Management, Westpac and Credit Suisse First Boston.
Taking over from Mark Rider, who moved to ANZ four months ago, she now reports
to Bryce Doherty, head of UBS GAM in Australasia.

Bank of
America Merrill Lynch appointed a new chief executive and country executive for
Australia.

Kevin
Skelton is now the head of the Australia business, taking over from James
Barrett-Lennard, who served as acting country executive. Barrett-Lennard
continues as chief operating officer for Australia and will work closely with
Skelton.

A veteran
banker, Skelton brings over 25 years of experience working at the firm's New
York, London, Singapore, Melbourne and Sydney offices. He most recently served
as head of Australia investment banking. In his new role, he also becomes a
member of the Asia-Pacific executive committee.

Guardian
Advice, the Australian life risk specialist dealer group, strengthened its
presence in Queensland with a new state manager.

Andrew
Hammelmann joined the firm after serving as practice development manager for
MLC and NAB Financial Planning. He was also Queensland state manager for
compliance at MLC, where he specialised in guiding advisors' business practices
and quality of advice. Before that, he was a senior compliance and surveillance
officer with the ASIC's financial services industry unit.

In his new
role, Hammelmann replaces Hugh McLennan who remains with the company as
Queensland practice development manager after serving as state manager for
seven years.

AMP, the
Australia and New Zealand wealth management firm, reshuffled its management
ranks to build a "leaner, more efficient" team, effective 1 January
2014.

Under the
new structure, Lee Barnett retains his role as chief information officer,
responsible for the company's information technology function, workspace and
sourcing, while Pauline Blight-Johnston, director of wealth protection and
mature products, was promoted to group executive for insurance and superannuation.
Also promoted was Rob Caprioli, from director of banking and wealth management
products, to group executive for advice and banking.

Gordon
Lefevre, CFO of property firm Grocon, replaces Colin Storrie as chief financial
officer, effective 1 March 2013. Lefevre will join AMP at the end of January
2014.

BT
Investment Management, the Australian investment firm, named a replacement to
outgoing chairman Brian Scullin, who retires on 6 December 2013 after six years
on the post.

James Evans
has been with the company since 2010 when he joined the board as non-executive
director. He is currently the chairman of the audit and risk management
committee. Evans brings over 40 years of industry experience to the firm and
has held senior positions at Commonwealth Bank and Lend Lease.

JBWere, the
Australia and New Zealand-focused private wealth management firm, appointed a
new chief investment officer.

James Wright
is now responsible for setting the firm's investment strategy. He oversees the
asset allocation, product and security selection for the company's private
wealth management, institutional and non-for-profit client portfolios.

Wright most
recently served as CIO and head of equities at ING Investment Management. He has
over 23 years of experience in the wealth management industry and has served
the Commonwealth Treasury and Treasury Corporation of Victoria.

He replaced
Giselle Roux who resigned in May.

Guy
Carpenter, the global risk and reinsurance firm, strengthened its Australian
operations with six new hires.

Matthew Rose
now in the newly-created role of principal, capital and strategy, overseeing the
firm’s expanded range of advisory services. Rose brings 23 years of industry
experience to the role, having worked at Suncorp, Wesfarmers Insurance and
Zurich.

Joining him were
Tom Harvey as catastrophe analyst, Kim Collins as head of broking property
replacements and Teresa Aquilina as head of property and casualty underwriting.
The firm also relocated Samantha Dew and Valerie Badcock from London to lead
the broking casualty placements and property division, respectively.

AMP Capital,
the funds management arm of AMP, named a former National Australia Bank
executive to lead its expanded self-managed super funds business.

Tim Keegan
left his role as head of NAB's online broking business Nabtrade to assume the
newly-created position of head of SMSF at AMP Capital at the end of October
2013. Prior to NAB, he held a similar role at Macquarie Bank.

Essence Fund
Management, the Chinese fund advisory firm, appointed a new general manager.

Liu Ruling
assumed his new role in 12 October 2013, replacing Wang Lianzhi, who has moved
on to become president of its parent firm, Essence Securities. Liu was
previously a director at Essence Futures and has been part of the company since
June 2007. Prior to that, he was the general manager of the wealth management
arm of China Merchants Securities.

Moelis &
Company, the global investment bank that also provides financial advisory and
asset management services, appointed a new Asia head.

Zhang
Xiuping is managing director and head of the Asia mergers and acquisitions unit
based in Hong Kong. In this role, she is responsible for deal origination and
providing advice to regional and global clients with a focus on cross-border
transactions in and out of China. She works closely with the Beijing office.

Zhang was
previously the managing director and head of Asia M&A at Bank of America
Merrill Lynch. Prior that that, she was managing director and head of China
M&A at Deutsche Bank.

Manulife
Financial, the Canada-headquartered financial services group, hired a new head
of wealth management for Asia.

Donna Cotter
is vice president and head of wealth management, Asia, reporting to Philip
Hampden-Smith, executive vice president and chief marketing officer for Asia.
She has been with the wealth management team since March 2011 as head of the
regional strategy and product development team.

Cotter
joined the firm's corporate development team in Hong Kong in January 2010.
Prior to her move to Asia, she held various roles in Manulife's Canadian
division since 2003, including in pension operations, Manulife Securities and
Individual Wealth Management.

RBC Wealth
Management strengthened its South East Asia team with four senior appointments.

Adria Chiu
is director of the client solutions group, reporting to Enoch Tan, managing
director and head of the client solutions group for RBC Wealth Management Asia.
She brings nearly 12 years of industry experience to the role.

Choa Yeye was
named director for South East Asia, reporting to Reto Caviezel,senior director
for RBC WM South East Asia. She has 20 years of experience behind her.

Deepu Joseph
is senior director for RBC WM South East Asia, reporting to Febby Avianto,
managing director and market manager. He brings 15 years of industry experience
to this post.

Finally,
David Tan is senior director for RBC WM South East Asia. He also reports to
Avianto. Tan has 12 years of industry experience.

Withers, the
international law firm, relocated one of its top lawyers in London to lead its
new Asian corporate and finance practice in Hong Kong.

Denis
Petkovic, head of international finance and projects practice in London, brings
30 years of experience representing lenders, developers and investors from
various sectors. The move strengthens the firm's continuing expansion strategy
in the Asian region, particularly in the corporate space.

Eastspring
Investments, the Asian asset management business of Prudential Corporation
Asia, named a former Deutsche Bank executive as deputy chief executive and
global head of distribution, product and marketing.

Michele Bang
took up the newly-created position as part of the firm's continuing global
expansion strategy.

She reports
to Guy Strapp, who changed his role in the company from chief investment
officer to chief executive in August 2013 and replaced Graham Mason who
relocated to South Africa.

Stephenson
Harwood, the international law firm that has a dedicated wealth management
practice, bolstered its Hong Kong wealth arm with a new hire.

Peter Hodson
joined as consultant and head of trust, bringing with him extensive experience
in banking, finance, wealth management and fiduciary services. He is a former
chairman of the Hong Kong Trustees Association and ex-president of the Guernsey
International Legal Association.

Brunswick
Group, the global financial and corporate communications firm, announced a new
senior advisor based in Hong Kong.

Tim
Freshwater brings over four decades of experience in the legal and banking industries
and most recently served as vice chairman of Goldman Sachs (Asia). He remains
an advisory director at Goldman and also sits on several boards including Hong
Kong Exchanges & Clearing and Swire Pacific. He also held senior roles at
international law firms Slaughter & May and Jardine Fleming.

Morgan
Stanley Private Wealth Management Asia hired a former UBS Private Bank
executive to join its managed products team, this publication has learned.

Effective December
2013, Ernest Chan joins the company as managing director and head of managed
products Asia. This is the first time Morgan Stanley has had a managing
director in this role.

Chan was
previously a managing director and head of investment funds, sales and
distribution at UBS Private Bank Hong Kong and brings twenty years of credit
marketing, capital advisory and funds distribution experience to the firm.
Prior to UBS, he was with JP Morgan Private Bank Hong Kong.

Betty Wong
joined Banque Privee Edmond de Rothschild as a director in Hong Kong.

Wong formerly
worked at Swiss-headquartered BSI (owned by Italian financial services group
Generali).

Withers, the
international law firm, bolstered its Asian family practice with five key hires
in Hong Kong.

Veronica
Chan, April Wong, Billy Ko and William Huynh all joined the Hong Kong practice
from other law firms, while Tim Carpenter relocated from the Withers London
office. The company's 15-strong family team in Hong Kong advises clients on
issues pertaining to families, such as divorce, prenuptial and postnuptial
agreement, forum shopping, and child custody and cross-border disputes.

Investec
Asset Management expanded its Asian retail fund capabilities with the creation
of a new management position.

Beonca Yip
assumed the newly-created role of head of advisor distribution for Asia
ex-Japan and reports to Richard Garland, managing director of the Americas,
Japan and Asia advisor client divisions. Yip was previously the head of retail
at Eastspring Investments, the asset management arm of Prudential Asia. She left
in May 2013.