Pictet Wealth Management hired Cesar Perez Ruiz as chief investment officer. He was previously global head of investment strategy at JP Morgan Private Bank. Based in Geneva, he replaced Yves Bonzon who left the firm for Brazil's BTG Pactual.

The firm also hired Crédit Agricole's Frederik Ducrozet as senior economist, responsible for covering Europe. He joined after a decade in the economic research department at Crédit Agricole’s corporate and investment bank. In the new Geneva-based role, he leads macroeconomic research and analysis for Europe, encompassing euro-zone member states, the UK, Switzerland and Scandinavian countries.

Bank J Safra Sarasin hired Stéphane Decrauzat to head up a new fixed income total return team. He joined after eight years at RAM Active Investments. Vincent Rossier also joined the asset management division, having held various positions in fixed income at Pictet Wealth Management in Geneva since 1998.

The Swiss private bank also confirmed the appointment of quantitative strategist Yann Schorderet to the CIO office. Schorderet, who worked at Mirabaud Asset Management since 2007, helps to develop macroeconomic and financial market scenarios.

Geneva-headquartered private banking group Edmond de Rothschild appointed Mathilde Lemoine from HSBC as its new group chief economist. Lemoine was head of economic research and market strategy at HSBC France from 2006 to 2015. She reports to Ariane de Rothschild, chair of the group's executive committee.

Geneva-based TCA Asset Management hired Gonzague Du Couedic as managing director. He previously worked at the Royal Bank of Canada where he was a member of the management committee.

The Association of Swiss Private Banks appointed Jan Bumann as its new deputy director, replacing Jan Langlo. He previously worked at Credit Suisse and Deutsche Bank as a project manager.

Geneva-based wealth manager Prime Partners appointed François Savary to the newly created role of chief investment officer. He was an economist and financial analyst with more than 25 years’ experience in asset management and in Geneva's financial services industry, having worked at Reyl & Cie, Darier Hentsch & Cie, Deutsche Bank and SBS.

Europe
Mark Vasey, the leader of the wealth and private client proposition for Pershing, part of BNY Mellon, in the Europe, Middle East and Africa region, left the firm after seven years. This publication will update on a potential replacement in due course.

Sotheby’s appointed Mario Tavella as president general director of Sotheby’s France. Tavella joined the company in 1991 and was most recently deputy chairman of Sotheby’s Europe and European head of single-owner collections. Based in Paris, he replaced Guillaume Cerutti, who left Sotheby’s in the summer of last year.

Tokyo-based banking group Nomura appointed Jim Leng as non-executive chairman for Europe, the Middle East and Africa. Leng, based in London, was previously director and chairman of HSBC Bank plc, the entity of HSBC that owns all UK and continental operating subsidiaries. He succeeded Kieran Poynter who stepped down in June 2015.

Northern Trust appointed Belinda Burgess as its new head of Channel Islands. She has been with the group since 2005 and replaced Paul Cutts, who took on the newly-created role of head of alternative investment services for Northern Trust Global Fund Services across Europe, the Middle East and Africa. Burgess was previously head of Northern Trust in the Nordics, a role that was handed to Bo Thulin from JP Morgan in November.

Danske Bank appointed Las Olsen as its new chief economist in Denmark, replacing Steen Bocian. Olsen served as chief brand economist at Danske Bank since 2007, focusing primarily on consumer economics.

International
Sir Andrew Large, the former deputy governor of the Bank of England, was appointed deputy chair of an advisory group set up by Bermuda’s government and its monetary authority. Other members of the new Financial Policy Council include Bermuda’s finance minister Bob Richards ; chief executive of the Bermuda Monetary Authority Jeremy Cox; Sir Courtney Blackman, the former governor of the Central Bank of Barbados and ambassador for Barbados to the US; and Michael Butty, chairman of the board of AXIS Capital Holdings.

Asia-Pacific

State Street Global Advisors, the asset management arm of US-listed State Street, appointed June Wong as senior managing director and head of its Asia ex-Japan business. Based in Hong Kong, Wong joins the firm in March and will be responsible for further developing and implementing the regional business strategy and growth plans covering important and new investor segments across the North Asia and South East Asia regions. Wong will report to Lochiel Crafter, head of State Street Global Advisors’ APAC business. Previously at Columbia Threadneedle, Wong served as vice chairman for Asia-Pacific and chief executive of the Hong Kong business. 

Hang Seng Bank appointed Patrick Chan as head of Greater China. He reports to the bank's vice-chairman and CEO, Rose Lee. Chan focuses on growing the mainland China and cross-border business of the bank. Chan first joined Hang Seng in 1995 as assistant general manager and head of the financial control division.

Australia and New Zealand Banking Group appointed Graham Hodges as acting chief financial officer from next year, holding the position for an interim period as previous post-holder Shayne Elliott moved to become chief executive. Hodges has been deputy chief executive; in his new role he took over all aspects of finance along with group strategy, legal, treasury, investor relations and mergers and acquisitions. He held his current role from May 2009. 

Old Mutual International, part of the UK's Old Mutual Wealth, appointed Mike Leeson as head of distribution development, returning from Asia. He was the firm’s head of sales in Hong Kong and North East Asia. Leeson works across the international business leading transformation activities. He also manages relationships with global key accounts. Mark Christal, the firm’s general manager in Hong Kong, expanded his role to become head of region, North East Asia, and chief executive for Hong Kong. He has been with the group for 20 years, spending 11 of these in Hong Kong.

New York-based investment banking advisory firm Evercore hired Yong Seok Lee to its Hong Kong office as part of its private funds group team. Lee covers limited partners and general partners in the Asia-Pacific region, focusing on South Korea. Specifically, he will help Asian clients build their private markets portfolios. He joined from UK-based Campbell Lutyens, where he was a founding member of its Hong Kong office. Lee has over 15 years of experience in financial markets, working in Seoul, Hong Kong and New York.  

Michael Benz, global head of private banking at Standard Chartered, resigned from the banking group; he was replaced by former Barclays senior executive, Didier von Daeniken.

Von Daeniken is based in Singapore and reports to Anna Marrs, CEO, commercial and private banking, joining in March. This newly-created global role combines the leadership of Standard Chartered’s private bank and wealth management product and advisory services.

In February 2014, Benz was appointed to his latest role and has been based in Hong Kong.

Von Daeniken previously led the private banking business for Asia-Pacific, Middle East and Africa at Barclays. He held that post from 2007. Prior to that, he held senior roles at Credit Suisse in Europe, Middle East and Asia, working in Singapore from 2002.

Australia-based wealth management firm Omniwealth appointed Atle Crowe-Maxwell as chief operating officer and director of its new business advisory service. Crowe-Maxwell, an accountant by training, was previously a corporate recovery partner at BDO.

Union Bancaire Privée announced a new head for its Asia business. Michael Blake relocated to Asia to head the firm. David Lam, Coutts’ head of North Asia, and Ranjit Khanna, the bank’s head of South Asia, Middle East and global non-resident Indian , both continue to report to Blake.

BMO Global Asset Management named Ravi Sriskandarajah as managing director and head of Asia-Pacific. Sriskandarajah joined BMO Global Asset Management in 2013 to lead its expansion into Australia and has more than 15 years of asset management experience in senior roles. He replaced Amit Prakash, who was appointed managing director, global exchange traded funds and alternative investments at BMO Global Asset Management. In his new role, Sriskandarajah is responsible for management oversight, governance and leading the organisation's growth strategy across the region. Based in Hong Kong, he reports to Barry McInerney, co-chief executive of BMO Global Asset Management, and Albert Yu, chief executive, Asia, of BMO Financial Group.

Eastspring Investments appointed industry veteran King Lun Au as chief executive, Hong Kong. Au joined from BOCHK Asset Management, where he was CEO for the past five years. He brings almost 30 years of industry experience.

Bank of Singapore had a new head of its representative office in the Philippines after its previous chief, Kristen Quintos, retired. Quintos was succeeded by Manuel Go Ahyong, a banking veteran with close to 30 years of international and local experience. He has served in senior capacities at Citibank, American Express Bank, Banque Indosuez and Deutsche Bank. He joins Bank of Singapore from Rizal Commercial Banking Corp, where he was head of its wealth management group.

International auction house Bonhams made two senior appointments to its art teams, both of whom carry expertise about the Asia art world. 

Ingrid Dudek joined as department director of Bonhams’ Modern and Contemporary Art, Asia and will be based in Madison Avenue in New York from February 2016. Dudek is responsible for building the consignment and buyer base in the US for the Hong Kong sales of Modern and Contemporary Art.  She is also responsible for growing the consignment and buyer base in Asia for Post-War and Contemporary Art sales in New York. Previously, Dudek worked at rival auction house Christie’s, where she was vice president and international senior specialist in Asian 20th Century and Contemporary Art from 2006-2015.

In the second appointment, Ryo Wakabayashi joined the firm as senior specialist – Modern and Contemporary Art, Asia. Wakabayashi will be based in Bonhams’ Tokyo office with immediate effect. Prior to joining Bonhams, Wakabayashi worked at Mizuma Art Gallery, the Japanese contemporary art gallery, where he held senior positions since 2001. He was appointed CEO in 2007. Wakabayashi has been a consultant for several international Asian auction houses.

TH Real Estate, the specialist property investment firm owned by US financial services group TIAA-CREF, appointed a head of research for Asia-Pacific. Harry Tan, who had been working as head of research for Grosvenor in Hong Kong, shifted southwards to Singapore for the new role, in which he reports to Chris Reilly, managing director for Asia-Pacific. Tan is responsible for providing strategic advice to the corporate business and its clients, working with global investment, client capital, and business development teams across the local Asia-Pacific businesses. At Grosvenor, Tan was head of research from 2007.

BNP Paribas Wealth Management made a number of Southeast Asia appointments – all newly-created roles - with several coming across from UBS. Inge Kua assumed a new role of senior advisor to Stephanie Lair, who is head of Singapore, Indonesia and Malaysia Markets, in addition to the former’s position as senior banker. Kua is a veteran of 23 years with the bank. 

Meanwhile, Jonathan Ng was named managing director, market leader for Indonesia, reporting to Lair. Ng leads the Indonesia market team and has more than 20 years of industry experience; he was recently an executive director and desk head for Indonesia ultra high net worth division at UBS.

Another former UBS manager who joined BNP Paribas is Sharon Yee, working in Ng’s team as team head for Indonesia. She has 13 years of experience in wealth management and banking industry. She joined from UBS having served ultra high net worth clients in Indonesia and was actively involved in growing the focus with family office clients.

JP Morgan appointed Kam Shing Kwang as senior country officer for Hong Kong. Kwang maintained her responsibility at the private bank after assuming the new role. She has worked with the US-headquartered bank for 17 years; most recently, she was managing director and market manager for Hong Kong, China and sponsors for the Philippines and Thailand of JP Morgan Private Bank.

Credit Suisse's private bank replaced Tee Fong Seng as head of Greater China and made a number of other top-level moves. The replacement was Francois Monnet, previously chief operating officer for private banking Asia-Pacific. Monnet is based in Hong Kong, reporting to Francesco de Ferrari, head of private banking Asia-Pacific.

Tee remained as CEO of the Hong Kong branch and maintained his existing additional role as vice chairman for private banking Asia-Pacific.

Monnet joined Credit Suisse in 2007 as head of private banking Southeast Asia and Australasia; in 2010 he assumed a new responsibility as head of the ultra high net worth area for the Southeast Asia private banking, Australia and Japan units. Prior to joining the firm, he managed the offshore core affluent client segment in Asia-Pacific at UBS, with an additional focus on the Singapore domestic market. He also worked for UBS in Zurich in mergers and acquisitions.

Separately, Alex Wade was appointed as head of private banking Australia, following the retirement of Edward Jewell-Tait. He is based in Sydney and reports to John Knox, CEO of Australia, and Ferrari.

Wade was head of Australia and Asia-Pacific Switzerland . He has over 15 years’ experience in the banking industry in Hong Kong, Singapore and Australia.

Balakrishnan Kunnambath joined Credit Suisse as a managing director and market group head, non-resident Indian Asia-Pacific, based in Singapore. He reports to Martin Künzler, head, Japan and Indian Sub-continent, and to Rajan Sehgal, head of international wealth management Indian Sub-Continent, NRI and Africa, for strategy and market management related matters. He joined Credit Suisse from DBS Private Bank, where he was managing director and the NRI head, covering Asia-Pacific and the Middle East NRI markets and overseeing over 30 relationship managers. Kunnambath brings over 30 years of experience in financial services, including 10 years with Société Générale in Singapore.

ABN AMRO's private bank said Feroze Sukh, who was previously desk head for international clients, North Asia based in Hong Kong, left the bank. Sukh went to Bank J Safra Sarasin. Sukh has also previously worked at Deutsche Bank.

HSBC appointed Montgomery Ho as its Guangdong chief executive. A management team in Guangdong was also in the process of being hired. Since joining HSBC in 1983, Ho held a number of positions in trade finance, strategy and planning and corporate banking. In October 2010, Ho became managing director and head of commercial banking for China.

UK

Mark Vasey, the leader of the wealth and private client proposition for Pershing, part of BNY Mellon, in the Europe, Middle East and Africa region left the firm after a period of seven years and eight months. Vasey was formerly head of the change management group .

Baring Asset Management hired Mike Evans as its new head of marketing and communications. Evans replaced Claire Fraser; he joined from Legg Mason Global Asset Management where he was head of international intermediary marketing and led the firm’s marketing activities across Europe, Asia and Latin America. He previously held marketing positions at BNY Mellon and Schroders. Evans oversees development and execution of brand and marketing strategy. Based in London, he reports to David Brennan, chairman and chief executive at Barings.

MoneyFarm appointed David Jeffery as chief technology officer ahead of its launch in the UK. Jeffery joined the online advisor after three years as CTO at music site Last.fm, where he developed the company’s use of big data and software innovation. He was previously chief software architect at Betfair for nine years.

LGIM Real Assets, part of Legal & General Investment Management, hired Schroders' Tony Doherty as head of product development and appointed his predecessor Dan Batterton to the new role of build to rent fund manager.

Doherty joins after 15 years with Schroders Investment Management where he worked across research, fund analysis, and, for the past 11 years, as a fund manager in the indirect real estate space. 

M&G Investments hired Jamie Horvat as lead manager of the £1.848 billion M&G Global Basics Fund. Horvat, who had been managing an equity portfolio for an institutional client since joining M&G in late 2013, did not replace anyone in the new role. He works alongside co-manager Randeep Somel, who became fund manager of the global equity fund two years ago. Horvat has 16 years of investment management experience.

PwC appointed William Amos, the Financial Conduct Authority's former director of wholesale banking and investment management, as partner. Amos, a former Bank of England economist, was appointed to the role at the FCA over two years ago. He left the watchdog earlier this year amid a reshuffle of senior positions, including the appointment of Megan Butler as director of supervision for investment, wholesale and specialists and Mark Steward as director of enforcement and market oversight.

Canaccord Genuity Wealth Management hired Charles Cohen as a senior investment director in the UK. Cohen previously worked at Sanlam Private Investments, where he was head of private clients for three offices in the North of England. He was also a member of the firm's asset allocation committee. Prior to this, Cohen was director and chief investment officer at Border Asset Management. He is based in London.

London-based Fulcrum Asset Management promoted Tim Meggs and Nabeel Abdoula to partners. Meggs, Fulcrum's head of trading, has been with the company since 2013 and leads its global trading activities across a range of absolute and relative return strategies. He previously spent a decade at CIBC World Markets, where he was executive director of equity derivatives trading, global derivatives and strategic risk. Abdoula, a director at Fulcrum since 2011, is involved in the company’s diversified growth strategies. He was previously a member of Goldman Sachs' investment strategy group. In his new position, Abdoula leads Fulcrum's innovation in managing multi-asset strategies, something in which he has nearly ten years’ experience.

London-listed Man Group appointed former trade minister Lord Livingston as its new chairman, to take up the role after the planned retirement of Jon Aisbitt. Aisbitt was chairman of the group since 2007. Livingstone, who served as the UK's minister of state for trade and investment between 2013 and 2015, was formerly chief executive of BT Group.

Union Bancaire Privée appointed Matthew Kates as director, senior analyst within its European equity team. Kates joined from Nomura Investment Bank, where he spent five years as European equities executive director, specialising in equity sales for the chemicals and metals sectors. He previously worked at Columbia Threadneedle as part of the firm's UK and pan-European equity teams. 

Old Mutual Wealth appointed Andy Thompson as chief operating officer of Intrinsic Financial Services, the advisor network business acquired by Old Mutual Wealth in July last year. Richard Freeman stepped up to become the chief distribution officer upon Mary-Anne McIntyre’s departure from the company to pursue other opportunities.  Thompson previously worked as managing director and distribution director at Intrinsic. He has worked with Freeman since 2012, and continues to report to Freeman in his new position. Freeman oversees Intrinsic’s strategic development. He manages the 2016 acquisition of the Financial Adviser School from Sesame Bankhall Group in this new role as well.

Target Advisers appointed former Deloitte partner Donald Campbell as portfolio partner. Campbell's position is a new one and he is based in Stirling, Scotland. He joined from the finance consulting firm Deloitte, where he was in charge of Scottish private client tax business, specialising in advising high net worth individuals, partnerships, private companies and fund managers.  

Kempen Fiduciary Management appointed Erik Hulshof as executive director in London. Hulshof has been a trustee at several Dutch industry-wide pension funds and has previously worked at MN and Robeco.

Bordier appointed Peter Chamberlain as business development manager. Chamberlain was previously UK sales manager at investment platform provider Praemium. He has 25 years of experience in financial services. Based in London, he reports to the firm's director of sales and marketing, David Muncaster.

Sturgeon Ventures, a UK-regulatory incubator, appointed Tanya Hailes as compliance and risk analyst in its risk and monitoring team. Tanya previously worked for Railpen, a railway industry pension scheme fund, where she was a compliance analyst. Prior to this she was the compliance officer at CLSA . 

Aberdeen Asset Management’s head of multi-manager, Mark Harries, left the company. Aberdeen's head of manager research, Simon Wood, and its multi-asset director, Graham Duce, continued to manage the multi-manager portfolios, supported by a 14-strong investment team. Harries took on the leadership of the multi-manager portfolios in 2014 alongside Wood after Aberdeen's £550 million acquisition of their former employer, Scottish Widows Investment Partnership.

Gordon Brown, the former UK prime minister, joined investment management firm PIMCO. Brown, who was prime minister of the UK from 2007 to 2010 and chancellor of the exchequer from 1997 to 2007, joined the firm as part of a five-strong global advisory board of “world-renowned experts on economic and political issues”. The other members are former Federal Reserve chairman Ben Bernanke, who will serve as chairman of the board; Jean-Claude Trichet, former president of the European Central Bank; Ng Kok Song, former chief investment officer of the Government of Singapore Investment Corporation; Anne-Marie Slaughter, current president and chief executive of think tank New America and former US Department of State policy director.

Psigma Investment Management appointed Rory McPherson as head of investment strategy. McPherson joined from Russell Investments, where he was a multi-asset portfolio manager for 10 years. In the newly-created role, he will be based in London.

The UK's Rathbone Brothers hired Ashcourt Rowan's former financial planning chief Gaius Jones as its new head of financial planning. He is based in London in the newly-created role. He has more than 25 years’ experience of working with clients and their professional advisors at a senior level, having previously spent 14 years at Towry, where he was a board member.

Invesco Perpetual, part of New York-listed investment manager Invesco, made two fund manager promotions within its European equities team. Oliver Collin, who joined the team last year as an analyst, was promoted to fund manager of the €629 million Invesco Continental European Small Cap Equity Fund, joining lead manager Erik Esselink at the end of the year. He joined lead manager Jeff Taylor as fund manager of the €535 million Invesco Euro Equity Fund as of March 2016. Prior to Invesco Perpetual, Collin spent four years at Exane BNP Paribas where he led the pan-European mid cap sales team. Matthew Perowne, who joined the firm's European equities team five years ago as a trainee analyst, became fund manager of the £124 million Invesco Perpetual European Opportunities Fund, joining lead manager Adrian Bignell. He previously spent three years working for Jones LaSalle, where he qualified as a chartered surveyor. Collin and Perowne are based in Henley-on-Thames, Oxfordshire.

Fairstone Financial Management, part of the UK's Fairstone Group, hired Richard Mein, Michael Archibald and Paul Johnson to form a new team in Edinburgh. All three joined from Origen Financial Services.

Octopus Investments appointed Lotfi Ladjemi as strategic partnerships manager, a newly-created role. Ladjemi joined from Draycott Capital, a fund-raising and advisory boutique that he co-founded. He previously spent two years as sales director at Amundi Asset Management.

LendInvest, an online lender for short-term property finance, appointed Steve Larkin, an RBS real estate veteran, to roll out its first development finance product for real estate entrepreneurs. Larkin had a 26-year career at RBS, where he held a range of senior roles in real estate credit, restructuring and origination. Most recently, he spent four years as head of residential development within the restructuring team.

Kleinwort Benson appointed Paul Kearney as its new head of private banking. Kearney, who joined Kleinwort Benson in 2011, is a member of the bank's management committee and has led services to family offices alongside developing its digital strategies. He took on the new role, succeeding Stephen Rothwell who is leaving to pursue other interests.

Investec Wealth & Investment appointed Cameron Kinnaird from Brewin Dolphin as senior investment director in Glasgow. Kinnaird was most recently divisional director at Brewin Dolphin, which he joined in 2001. He previously worked at Parsons and Co. He brings 27 years of experience in managing portfolios for private clients and families, as well as managing funds for charitable trusts and self-invested personal pensions. In the newly-created role, Kinnaird covers the Scottish market. He reports to IW&I's divisional director, Stuart Light.

Bank Leumi appointed Nick Brandram as a relationship manager within its UK premier banking team. Brandram, a direct descendant of Queen Victoria, joined from Killik where he was an investment manager. He previously served in the British Army.

Enhance Group appointed Tom Wiseman to the new role of managing director of its London office. Wiseman joined from Seven Investment Management, where he was a relationship manager and partner in charge of discretionary investment portfolios for financial advisors' clients. He is based in London.

Maitland made four appointments to its business development and client management team. In London, Luke Spencer-Wilson joined from HSBC where he was sales director for asset managers and alternative investment managers. He has almost 20 years of experience in investment management and banking. As senior business development manager, he is responsible for expanding Maitland’s footprint in the European alternative investment fund space.  

Charles Romilly, previously a director of the UK institutional business of Saxo Bank, joined the London team as business development advisor. Both Romilly and Spencer-Wilson will report to Patric Foley-Brickley. 

Meanwhile, in Latin America, Pedro Hilton Olmo was appointed client services manager. He is an attorney and joined from Turim, a multi-family office in Brazil. Lastly, Bill Henderson joined Maitland's New York office as senior business development manager. Henderson previously worked at hedge fund administration firm Butterfield Fulcrum, where he was a managing director leading global sales efforts. 

Taylor Wessing boosted its partnership with the hire of Emma Jordan within its private client practice. Jordan joined as head of contentious trusts from Wragge Lawrence Graham & Co, where she was a contentious trusts and litigation partner. She is based in London. An English barrister and a Jersey advocate, Jordan specialises in contentious trusts work, with a focus on advising trustees and high net worth individuals on a range of trust issues in litigation. She also advises on civil fraud work, asset tracing and recovery within the context of offshore trusts and structures, and helps clients with alternative dispute resolution strategies, including mediation. 

Kleinwort Benson hired Rosalind Whitehead as business development manager. Whitehead joined from Ingenious, where she spent over four years, most recently as an investment manager in the client relationship team. 

North America

Boston Private Financial Holdings announced that Clayton Deutsch, chief executive of Boston Private Financial Holdings, was appointed as CEO of Boston Private Bank & Trust effective January 1, 2016. The Boston Private Bank & Trust CEO position was previously held by Mark Thompson, who earlier this year announced his plans to retire at the end of 2015.

In appointing Deutsch as the CEO of the bank, a wholly-owned subsidiary of the company, the board has asked Deutsch to lead a “more streamlined executive team in the development and expansion of Boston Private’s integrated wealth management, trust and private banking model” in select markets nationally. Deutsch has served as CEO of Boston Private Financial Holdings since August 2010. He has more than 30 years of financial services experience and sits on the board of directors of Boston Private Financial Holdings, as well as on the boards of each of the company’s affiliates.

First Republic Bank hired Jeff Titus as a managing director and portfolio manager in Boston, MA, to work with high net worth individuals, families and endowments. Prior to First Republic, Titus worked at Credit Suisse Private Bank in Boston for four years. Previously, he worked at Bernstein Global Wealth Management, The Paul Revere Insurance Company and Oracle Corporation.

First Foundation Advisors and First Foundation Bank, which collectively provide investment management, wealth planning and other services to HNW individuals and businesses, hired Steven Mills as a portfolio strategist within the advisory division. Mills, who will be based in West Los Angeles, was previously a portfolio manager at BNY Mellon Wealth Management. Before that, he was a senior vice president at Bessemer Trust and a relationship manager at The Haverford Companies.

US Bank Wealth Management appointed Jon Donahue as a private banker at its Private Client Reserve in Milwaukee, WI. Donahue will oversee specialized lending and deposit services for individuals and corporate clients. He has over 12 years of banking and financial services industry experience, having previously held private banking roles at M&I Bank and Johnson Bank.

Scotiabank hired Bank of Canada veteran Jean-François Perrault as senior vice president and chief economist. At the Bank of Canada, Perrault was assistant chief of the Canadian projections and policy analysis division. He has also held roles at Canada's department of finance and served as a senior economist at the World Bank. Perrault replaced current chief economist Warren Jestin, who has been with the bank for almost 40 years and will retire in March next year.

External IT, the provider of secure cloud solutions to financial services firms including RIAs and family offices, appointed Greg Collett as vice president of information security. Collett joined External IT with over 20 years of experience in technical and management roles including development, systems and database architecture and information security.

California-headquartered strategic advisory and consultancy Berkeley Research Group appointed former KPMG senior manager Michael Athanason. He took on the role of managing director and is based in New York. In his new role, Athanason will lead the private funds group valuation team. He brings over 25 years of valuation and corporate finance advisory experience. At KPMG, Athanason was the US national leader of the alternative investments valuation practice, and he was previously the global leader of Duff & Phelps’ alternative investment valuation Services business.

Cherry Bekaert Wealth Management hired Christine Slate as chief compliance officer. Slate was previously senior vice president, client services and chief compliance officer at Barrett Capital Mangement, according to her LinkedIn profile, and formerly served as president of the Richmond Chapter of Executive Women International. She brings over 25 years of experience in financial services and investment advisory. Based in Richmond, VA, Slate will lead Cherry Bekaert’s overall compliance efforts and act as the firm's key liaison with regulatory agencies and third-party service providers including legal counsel, broker-dealers and custodians. She will also coordinate all legal and corporate governance matters.

US-headquartered Brown Brothers Harriman appointed Chris Michel as head of diversity and inclusion. Michel is based in New York and reports to partner Kathryn George. In his new role, Michel will also have responsibility for supporting and enhancing the BBH Affinity Network Communities, a group of nine employee-run networks which provide opportunities for individuals from diverse backgrounds to participate in networking, mentoring, professional development and global collaboration. Previously, Michel worked at American International Group where he served as senior director of diversity and inclusion for Europe, Middle East and the Americas and helped build a global diversity and inclusion program.  Prior to AIG, he was director of diversity and inclusion at the United States Tennis Association. He has also been involved with diversity initiatives at Merrill Lynch.

Thomas Melcher, managing executive of Hawthorn, PNC Family Wealth, the multi-family office, will succeed James Dunigan as PNC Asset Management Group's chief investment officer on January 1, 2016. Nicole Perkins, market director of fiduciary services for Hawthorn's Philadelphia and Delaware markets, will take over from Melcher to lead Hawthorn.

Prior to joining PNC in 2011, Perkins ran her own private legal practice, where she counseled families and the owners of family-owned businesses in the areas of wealth preservation, multi-generational planning, business succession planning and charitable planning. She previously practiced as a trust and estate associate at Morgan Lewis and Duane Morris.

Melcher and Dunigan, who will be retiring in 2016, will work closely through mid-2016 to transition Dunigan's additional responsibilities as managing executive of investments to Melcher. Dunigan joined PNC predecessor Provident National Bank as a portfolio manager in the trust and investment management division in 1987. Over nearly three decades with the company, he has held various management and investment leadership roles, and today chairs PNC's investment policy committee and administrative committee with oversight of pension and 401 plans.

Melcher joined PNC in 1991 as a credit analyst, advancing through a number of roles including chief investment officer for PNC Wealth Management in Philadelphia and Southern New Jersey. He was named managing executive of Hawthorn in 2004.

TIGER 21, the peer-to-peer learning network for wealthy investors, named family enterprise advisor Susan Fulford as chair of a new group in Toronto. Fulford has broad experience in the investment, legal and family business fields, having most recently been a vice president and senior manager of the ultra high net worth advisory group at TD Wealth. Earlier she spent five years working as a lawyer in a private practice followed by ten years in the business world.

Wilmington Trust appointed Julia O’Donnell as a private banker in Syracuse, NY. O'Donnell will coordinate deposit and lending services in the Central New York and Southern Tier regions for high net worth clients including individuals, families, business owners and executives. O’Donnell was previously a commercial branch manager in Syracuse for M&T Bank, of which Wilmington Trust is an affiliate. Before that, she was a business development officer at M&T Bank, and a business banking specialist at HSBC.

Windsor, CT-headquartered SS&C Technologies Holdings, a global provider of financial services software and software-enabled services, appointed Chris Whiting as a senior director to lead the firm's new advisory relationship management team. Whiting was most recently chief operating officer at Moneta Group and before that spent 20 years at A G Edwards, which is now part of Wells Fargo Advisors. In his new role he will report to Dave Welling, senior vice president and managing director of SS&C’s advisory market group. The advisory client relationship management team will support over 2,000 advisory and wealth management clients using Advent OnDemand, Axys, APX, and Black Diamond.

The Strategic Financial Alliance, the independent broker-dealer and RIA, added three to its six-person strategic advisory council. Cheri Knight, a principal at Knight Asset Management in Ladera Ranch, CA, was elected to serve as chair of the council in 2016. Financial advisors Brian Bennett of BennCo Advisors in Colorado Springs, CO; Andrew Crane of the Keen Insight Group in Norcross, GA; and Floyd Green of Cornerstone Wealth Management Team in Raleigh, NC, will start on January 1, 2016. They will join existing members Knight; Assaf Pinchas of Allegiance Financial Group in Vienna, VA; and Gene Dickison of MTM Financial Group in Bethlehem, PA.

UBS made a handful of hires in Boston, MA, Chicago, IL, and Cincinnati/Kenwood, OH, recruiting from Credit Suisse and Wells Fargo. In Boston, four individual financial advisors joined UBS Wealth Management Americas: Jonathan Galli , Alex Martinelli , Simon Clarke and Mitch Riesenberger . They joined from Credit Suisse and report to Jim Ducey, complex director, and Troy Erickson, associate complex director. Meanwhile, in Chicago, IL, financial advisor Betsy Nelson joined UBS Private Wealth Management with $360 million in AuM from Credit Suisse. She reports to Michael Gatewood, Chicago PWM market head.

In Cincinnati, OH, a three-person advisor team joined UBS Wealth Management Americas in the shape of the Rinehart Sussli Financial Group, with $1 billion in AuM. The team, which focuses on retirement planning and institutional consulting, is comprised of: Ken Rinehart, a senior vice president of wealth management and senior retirement plan consultant; Michael Sussli, a senior vice president of wealth management and senior retirement plan consultant; and Kevin Ruther, a financial advisor. They too have $1 billion in AuM and joined from Wells Fargo. The team - based in Kenwood - reports to Troy DeBord, managing director and complex director for Cincinnati/Kenwood. Mark Ledonne, a senior wealth strategist, Tricia Dorcheff, a senior client service associate, and Lange Combs, a senior client service associate, round out the team.

Tom Manning left his post as chief investment officer at Boston Private Wealth to become chief executive of FL Putnam Investment Management, the RIA in Wellesley, MA. Manning succeeded John Carberry, the firm’s president, who retired from his role after 15 years. Carberry will continue with the firm in an advisory role in 2016. At the end of October, Boston Private Wealth named Thomas Anderson as chief investment officer. Prior to Boston Private Wealth, Manning served as CEO and CIO at Silver Bridge Advisors and earlier was managing director of portfolio advisory services at Bank of America.

Pioneer Investments named Clara Sierra as a senior vice president and business development manager for its independent advisor channel, based in Boston, MA. Sierra reports to Henry Orvin, senior vice president and head of business development for Pioneer’s US intermediary distribution team. Prior to joining Pioneer, she was executive vice president of national accounts at Sentinel Investments and has also served as senior vice president and director of the investment advisory division at AIG Advisor Group.

Gregg Miles and James Masur merged their financial services offices and launched Cross Coastal Advisors to provide high net worth individuals with these combined services in the Boston area and nationwide. In addition to Miles and Masur, the Cross Coastal Advisors team also includes Justin Hayward, who specializes in working with Millennials, some second-generation clients, and rising young professionals and business owners.

Bank of America's US Trust made eight hires over the past month across six states. Sean Anthony joined in San Diego, CA, as a private client advisor, having previously worked at Wells Fargo as a private bank relationship manager. Ayse Ozkan also joined the San Diego office in the same role from Wells Fargo, where she was a senior private banker. Meanwhile, in Connecticut, Jeffrey Danile joined the Stamford branch as a market trust director. He was previously a partner at Berkowitz, Trager & Trager. In Delaware, Sabrina Hawthorne joined the Wilmington office as a senior trust officer, having previously worked at Christiana Trust as a trust officer.

Additionally, in Illinois, Dorothy Korbel was hired in Chicago as a senior trust officer. She was previously a trust officer at Brown Brothers. Yolanda Ochoa also joined the Chicago branch as a fiduciary tax accountant. She previously worked at The Private Bank & Trust Co as a tax manager and associate managing director. Lastly, William Meagher joined the West Conshohocken, PA, office as a private client advisor from Wells Fargo, while Andrew Mutscheller joined the Dallas, TX, office as an institutional client advisor focused on endowments, foundations and not-for-profit clients from Northern Trust.

Eventide Funds, a mutual fund company, recruited Jeff Cave, an expert in the UHNW space, to lead its sales and distribution efforts. As head of distribution, Cave will lead sales and distribution to institutional channels, while continuing to improve Eventide's service delivery to financial advisors and clients. He was previously a director and UHNW wealth management specialist within the private banking and investment group at Merrill Lynch in New York City. He spent over 20 years at Merrill Lynch.

JP Morgan recruited four private banking executives in Brazil: Ricardo Taira, Leonardo Bulgareli, Carlos Amarante and Jayme Freixo – all from Credit Suisse, this publication understands. The four bankers will report to Juliana Pagetti, a managing director for JP Morgan's private banking unit based in São Paulo.

First Republic Bank promoted executive vice president Jason Bender to chief operating officer, reporting to chairman and CEO Jim Herbert. Bender will be responsible for the overall operations of deposits and lending, online banking and related digital activities, as well as strategic planning, enterprise data and secondary loan marketing. He will continue to oversee banking activities in the South Coast California region. Bender joined First Republic 16 years ago and most recently served as the bank's chief administrative officer. Before that, he led the bank's finance and planning departments.

Meanwhile, First Republic also said that Keith Webster, Robin Yoshimura and Michael Schanna joined as managing directors and portfolio managers from Credit Suisse. Webster will be based in Century City, Yoshimura will be based in downtown San Francisco, and Schanna will be based in Newport Beach. The three-member team is the latest to join First Republic Private Wealth Management. Over the past six months, six advisors teams have joined First Republic, while on October 1 the firm completed its acquisition of Constellation Wealth Advisors.

RBC Wealth Management welcomed Greg Kenzik, a senior vice president and financial advisor, to the Paramus, NJ, office. Kenzik joined RBC Wealth Management from UBS, with 29 years of industry experience. He has assets under management of more than $300 million and approximately $1.35 million in production. Also joining with Kenzik are Phillip Slepian and Scott Bolio, both senior investment associates. They will all report to Scott Fergang, branch director in Paramus.

Steve Soja joined First Republic as a managing director and portfolio manager from Credit Suisse, while the firm also promoted Mike Selfridge, senior executive VP, to the role of chief banking officer. Soja, who has 28 years of investment management experience, will be located in First Republic's private banking and wealth management office in downtown San Francisco. Soja spent nine years at Credit Suisse in San Francisco, where he managed a team of eight investment professionals. Earlier in his career, he worked at Bank of America Private Bank, Wells Fargo Private Bank and Lehman Brothers.

Meanwhile, Selfridge will continue to oversee Northern California private banking as well as information technology, while assuming the additional overview of nationwide business banking. He joined First Republic in early 2012, having previously worked at Silicon Valley Bank for 18 years, where he was head of US regional banking.

PIMCO recruited five high-profile figures in the economic and political spheres to shape its new global advisory board. The board members will contribute their insights to the firm on global economic, political and strategic developments and their relevance for financial markets.

The board members are: Ben Bernanke, former Federal Reserve chairman and scholar at the Brookings Institution; Gordon Brown, former UK Prime Minister and former Chancellor of the Exchequer; Ng Kok Song, former CIO of the Government of Singapore Investment Corporation; Anne-Marie Slaughter, former director of policy planning for the US State Department; and Jean-Claude Trichet, former president of the European Central Bank and present chairman of the European group of the Trilateral Commission.

The board will meet several times a year at PIMCO’s Newport Beach office as well as at other PIMCO offices around the world. The members will also attend the firm’s annual Secular Forum in May of each year, where PIMCO’s investment professionals discuss the economic outlook and its implications for markets over the next three to five years.

Snowden Lane Partners welcomed the LDR International Group from Merrill Lynch, as the firm deepens its international capabilities and presence. Joining Snowden Lane as partner and managing director was Rick Leyva; managing directors and private wealth advisors, Clelia Dipp and Imar Rodriguez; private wealth advisor, Christina Eddy; and client associate, Frances Estrada. The team oversees approximately $200 million in total client assets and works from Snowden Lane’s newly-opened San Diego office. They focus on serving non-resident clients, with an emphasis on Latin America, and financial and trust and estate planning for high net worth individuals and families.

The former president and chief executive of CTC|myCFO, John Benevides, joined US Bank's Private Client Reserve as president of the eastern region. Benevides will be based in Cincinnati office and lead the wealth management team that serves wealthy families and individuals in Cincinnati, Cleveland, Columbus, Louisville, Naples, Nashville, New York and Palm Beach. As well as being president and CEO of CTC|myCFO, Benevides also oversaw BMO Delaware Trust Company and led the UHNW activities of BMO Harris Private Bank. Before that, he was co-owner and president of Family Office Exchange.

The board of directors at First Republic Bank extended the contract of the firm's chairman and chief executive, Jim Herbert, through December 31, 2017. The board also approved an extension of Herbert's role as executive chairman through December 31, 2021. The board further increased his time spent in the executive chairman role from 25 per cent to 80 per cent. Herbert is the founding CEO of First Republic Bank and has been leading the firm since its inception in 1985.

The international auction house Bonhams made two senior appointments within its art teams in New York and Asia. Ingrid Dudek joined as department director of Bonhams’ Asia modern and contemporary art unit and will be based in Madison Avenue in New York as of February 2016. In the second appointment, Ryo Wakabayashi joined the firm as senior specialist – modern and contemporary art, Asia. Wakabayashi will be based in Tokyo with immediate effect.

City National Bank, which was recently acquired by RBC, added two wealth advisors to serve clients in New York City and the surrounding area. Patricia Chambers and Valerie Groh were named as senior vice presidents and senior private bankers with the bank’s New York private client services team. Chambers was previously a senior vice president and wealth advisor at Wells Fargo, while Groh served as a senior vice president and senior private banker.

Illinois Bank & Trust appointed Jasper Vaccaro as private client services market leader to grow this line of business in Illinois and Wisconsin. Vaccaro was most recently a vice president and senior client advisor at BMO Harris Bank. He also previously worked at Marshall & Ilsley Trust Company, serving wealthy families, foundations, and non-profit companies.

Bessemer Trust, the multi-family office, recruited Holly MacDonald in New York as a managing director and chief investment strategist. MacDonald is responsible for macro-economic research and financial market analysis, as well as asset allocation and strategy recommendations for client portfolios. She will report to Rebecca Patterson, managing director and chief investment officer. Bessemer confirmed that this is a new role at the firm. MacDonald was previously a managing director in the emerging markets and global currency strategy groups at JP Morgan, and before that worked in the firm's fixed income and currencies groups in New York and Sao Paulo.

Diversified Trust, the wealth management firm based in the southeast region of the US, hired Betsy Wills as a principal and director of marketing and branding. Wills will be responsible for the development and execution of a marketing and branding strategy for the company spanning all its markets which include Atlanta, GA; Greensboro, NC; Memphis, TN; and Nashville, TN. She will be based in Nashville. Wills formerly served as director of marketing and investor relations for over seven years at Courage Capital, an alternative asset management firm in Nashville.

US Bank named Liza Tainton as chief risk officer of its wealth management business unit, based in Chicago, IL. Tainton recently worked at HighTower Advisors in Chicago, where she served as chief risk officer since 2011. Prior to that, she worked for Morgan Stanley Smith Barney’s Global Wealth Management Group in a variety of capacities, most recently as the Illinois regional risk officer.

Northern Trust hired Steven Heimermann as a senior vice president and senior portfolio manager in Minnesota, MN - a role in which he will provide discretionary and advisory investment management services to fiduciary and personal investment clients. Before joining Northern Trust, Heimermann was Minnesota market leader and senior portfolio manager at Associated Bank within its private client services division. He has 20 years of industry experience working in the Appleton/Green Bay, Wisconsin and Twin Cities markets. Before his time at Associated Bank, Heimermann was a director of investments at BMO Harris Private Bank and a relationship manager at Securian Financial in Saint Paul, MN.

Fiduciary Trust brought in Scott Sumner as a vice president and head of custody – a newly-created role at the firm. Sumner will oversee all custody sales and relationship management activities as the firm expands its custody business.

He joined from State Street Wealth Manager Services. In his previous roles at State Street and predecessor firm Investors Financial , he was responsible for the oversight of custody for a significant number of clients. Most recently, he served as head of relationship management for Wealth Manager Services’ investment management outsourcing platform. Over the course of his career, Sumner has spent nearly two decades providing custody and back-office services to single- and multi-family offices, registered investment advisors, trust companies, and private banks.

Dundee Corporation, the Canadian independent holding company, recruited Adam Donsky in the new role of chief investment officer of its new investment counsel and portfolio management platform for wealthy clients. Donsky will take up his new role on January 4, 2016, at what will be Dundee's Goodman & Company, Investment Counsel Inc. Donsky was previously a vice president and lead portfolio manager at 1832 Asset Management, a wholly-owned division of the Bank of Nova Scotia. In his role as lead portfolio manager, he provided investment counsel to the firm's high net worth client group. During his tenure there he was also lead portfolio manager of the family of Dynamic Blue Chip Funds.