Summary of Leadership Movements in Global Wealth Management

A busy month of moves and appointments in the global wealth management industry

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

Previously, he was a director of UBS Investment Bank and former CEO of diversified conglomerate Williams Industries. Previously, he was Global Head of Parts and Services at JCB, a Midlands-based multinational. Hall holds an MBA (merit) from London Business School.

Starwood Capital Group, the Miami, Florida-based private investment firm specializing in real estate and energy investments, has appointed David Matheson as Managing Director and Head of Real Estate for Europe. Matheson is responsible for finding and executing real estate acquisition opportunities across Europe. He is based in the firm’s London office. Prior to this move, Matheson spent eight years with Oxford Properties Group, a global real estate company. Prior to coming to Oxford, he spent more than a decade in European investment banking, most recently as an executive director at Goldman Sachs.

Crestbridge, the administration, management and corporate governance solutions company, has appointed Mike Edward as Chief Human Resources Officer. Edward has had a career in human resources spanning over two decades. He first joined Crestbridge as a consultant, tasked with managing a series of large HR projects.

Thorsten Hartmann was appointed head of the Julius Baer branch in Basel, effective April 2022. He was to replace Claude Scharowski, who had headed the office since it opened in 2000, and will retire in 2024. Hartmann has spent more aged 17 at Credit Suisse, working mainly in the Basel region. He was Head of Private Banking at HNWI Basel between 2013 and 2020, and until recently was Head of HNWI for Northwestern Switzerland at the bank.

Private market investment platform Titanbay has appointed former Barings Managing Director Gareth Read as COO to oversee further growth. He was previously Managing Director of Barings, responsible for the development and management of its European fund infrastructure. He later worked at AshGrove Capital as Director of Finance and Operations, and spent time in the audit and assurance team at Deloitte.

Ampla Finance, the UK-based legal finance provider, has appointed Natalie Player and Deborah Ward, both qualified lawyers, as Chief Commercial Officer and Director of Partnerships respectively. Ward and Player joined Novitas Loans, where they were account managers for the past four years.

Finance Isle of Man has appointed Paul Blake as the Head of Banking and Fiduciary Services for the Isle of Man Business Department based in Douglas. Blake was previously COO at Quinn Legal and DQ Advocates, two island-based law firms. Prior to that he worked as a senior executive in corporate banking at Lloyds Banking Group, also on the island.

Pictet Wealth Management has appointed Alexandre Tavazzi as Chief Investment Officer Asia. Until then, he was a global strategist and head of the CIO office for the company. Tavazzi, who is based in Hong Kong, continues to report to Cesar Perez Ruiz, Head of Investments and CIO, and locally to Evelyn Yeo in the additional role. He has worked in the Geneva group for 24 years.

IQ-EQ has appointed Edwin Chan as the new Commercial Director to lead its activities in UK and Ireland. Chan, who reports to John Legrand, regional CEO for UK, Ireland and Crown Dependencies, has spent two decades overseeing fund service launches for international banks in London, Bermuda and Hong Kong.

Former Virgin Management Chief Investment Officer Andre Ronsoehr has joined Seraphimas as Chief Investment Officer to drive the development of his Seraphim Space Investment Trust. Ronsoehr spent nearly a decade at Richard Branson’s family-owned Virgin Management office, where he co-led One Web’s seed investment in 2015 and helped fund Virgin Galactic and Virgin Orbit, working with the boards administration and C-suite teams from the three Branson spaces. companies.

Invesco made two appointments to its UK multi-asset team: Benjamin Jones, who joined as director of macro research, and Fabio Faltoni, as product director. Jones previously worked at State Street Global Markets, where he spent 15 years, first as an equity strategist and, from 2013, as a senior multi-asset strategist. Faltoni previously spent five years as a Multi-Asset and Macro Investment Specialist at Aviva Investors.

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

Calastone made three strategic hires: fintech champion and seasoned banker Ahsan Raza as CFO; McKinsey’s former associate partner Varun Atre as product manager; and CTO Paul Elflain as Head of Institutional Digital Marketing Sales.

Finance Isle of Man, an executive agency of the Financial Center Business Department, has appointed three new non-executive members of the board. They were Claire Milne, partner at Appleby and NED at Playtech and Zurich International; Dougie Elliott, Director at Sovereign Trust and Chairman of the Association of Pension Scheme Providers; Anne Couper Woods, Director of the Boston Multi Family Office (representative of the Association of Corporate Service Providers).

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

Investment group AllianceBernstein strengthened its leadership in EMEA products and clients by appointing Honor Solomon to head EMEA retail and Mike Thompson to head the company’s global bond business development strategy.

Solomon joined Legal & General Investment Management, where she spent seven years as Head of Retail Distribution. She will oversee the strategy, management and distribution of AB’s retail operations in the EMEA region, and drive regional growth. She reports to the head of the global client group, Onur Erzan.

Janus Henderson Investors has hired two senior executives to its London-based investment trust team. Dan Howe has been appointed Deputy Director of Investment Funds and Oliver Packard Director of Investment Fund Sales.

Howe left JP Morgan Asset Management, where he was until recently Executive Director of Global Strategic Relations. He reports to Trust Chief James de Sausmarez. Packard joined Panmure Gordon, where he held a leadership role in investment fund sales. Prior to that, he spent more than five years as a sales manager in investment trust sales at Cenkos Securities PLC.

Aegon Asset Management has added three people to its responsible investment team. UK-based Andy Woods has been appointed as Responsible Investment Manager, supporting equity and multi-asset investment platforms.

Curtis Zappala joined us as a Responsible Investment Partner in the United States. Zappala was previously a member of the sustainability team at United Parcel Service. He has also held sustainability-related positions at SunShare and Growth International Volunteer Excursions. The third appointment was Jamie McAloon, a responsible investment partner in charge of equity and multi-asset investment platforms. He was previously at Abrdn, where he was a private equity finance analyst.

Crestbridge, the global administration, management and corporate governance solutions company, has appointed Conor O’Brien to lead the accounting and transfer agency. O’Brien has brought over 25 years of experience to his position, having worked in the fund industry, with particular expertise in developing services for private equity, real estate funds and other alternative structures.

Alternative investment firm Värde Partners has promoted Deputy Investment Directors Brad Bauer and Giuseppe Naglieri to join Ilfryn Carstairs as co-CIO. Both will share oversight of Värde’s global investment business alongside Carstairs, who is also co-CEO.

Based in London, Bauer joined Värde in 2007. He was appointed partner in 2013 and promoted to deputy IT director in 2019. Also based in London, Naglieri, who joined the firm in 2009, was appointed partner in 2016 and promoted to director computer assistant. in 2018.

ESG advisory and portfolio analysis specialist MainStreet Partners has made eight new hires. The firm has appointed Djolan Captieux as director and co-head of the department. Captieux came from FTSE International Limited (a LSE group company), where he was Global ESG Quality Manager. Simone Borsetti, Martina Castelli, Jaime Diaz-Rio Varez, Soner Hasan and Georgina Anne Tayler have joined the ESG research team. Bikiron Banerjee has been appointed senior IT partner to develop the MainStreet Partners digital platform. Banerjee has over 10 years of experience with investment firms and financial institutions.

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

Oak Group, the private clients, business services and fund administration division, has appointed Paul Schreibke as Managing Director of Oak Funds Services in Guernsey. Schreibke joined Oak Guernsey in 2019, as Managing Director of Oak Trust (Guernsey) Limited.

ZEDRA, which provides enterprise, global expansion, wealth management and fund management solutions, has promoted six of its Guernsey-based employees:

Anna Youngjohns – Deputy Director;
Brian Vhiriri – Senior Account Manager;
Elizabeth Sayer – trusted agent;
Jade Lake Trust – administrator;
Robert De La Rue – trust agent; and
Simon Smith Senior – Trust Manager.

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