Miton Asset Management appointed Kevin McFarlane and Paul Kelly to its sales team. They both report to Miton Group head of sales, Neil Bridge. McFarlane was a business development manager at Bordier UK. Before Bordier, he was an investment sales manager at Schroders for over ten years. Kelly came from Schroders, where he was an investment sales manager for ten years.

Tilney appointed Alex Bolton as a financial planner based in its Nottingham office. Bolton is responsible for delivering wealth management advice to clients alongside investment managers, as part of the firm’s two expert approach. He joined from Castlegate Financial Management, where he spent four years as a financial planner and pension specialist. Prior to Castlegate, he was a pension advisor at Oval Financial Services.

Coram Asset Management, a UK subsidiary of MitonOptimal Group, appointed two new members to its newly-established advisory board. Ben Yearsley and Peter Geikie-Cobb both joined the Coram advisory board. Yearsley has 20 years’ experience in the industry. He is a director of regional independent financial advisor Shire Financial Planning. Geikie-Cobb has more than 30 years’ experience in the financial sector. He was most recently managing director at Matterley, the fund management division of Charles Stanley.

Cazenove Capital appointed Mary-Anne Daly as its UK chief executive. Daly succeeds Andrew Ross, who became global head of wealth management for Schroders earlier this year. She joined Cazenove from Baring Asset Management, where she served as head of private client service.

The chairman of two UK regulatory bodies are leaving both organisations, due 31 March 2018. John Griffith-Jones will step down from his posts at the Financial Conduct Authority and the Payment Systems Regulator. Griffith-Jones was appointed as the first FCA chair with in April 2013. He became chair of the PSR when it was established in April 2014.

Law firm Mishcon de Reya appointed Filippo Noseda as partner in its private department. Noseda came from Withers, where he was joint head of Europe private client and tax department.

LGT Vestra appointed Robin Hames to its business development team in a newly-created role as institutional director. He responsible for the development and distribution of the firm’s institutional investment propositions for pensions. Hames came from Capita.

Butler Snow hired Kristin Konschnik, a US/international transactional tax attorney and joined the London office. Konschnik is a member of the firm’s business services and tax groups, focusing on cross-border tax and transactional matters for both individuals and corporations. She has experience in advising individuals and their companies on US and international transactional tax matters, including cross-border sales and acquisitions.

UK Prime Minister Theresa May appointed Brexit advocate Stephen Barclay as economic secretary to the treasury, a pivotal role overseeing the financial services sector in the City, as Britain prepares to leave the European Union. Barclay will be responsible for financial services for financial services policy and the government’s relationship with banks, insurers, asset managers and other firms operating in financial services. Before being elected into parliament in 2010 as MP for North East Cambridgeshire, Barclay worked in financial regulation and then financial crime prevention at Barclays’ retail bank.

Liontrust appointed Oisín O’Leary as assistant fund manager, working within its European income team. O’Leary supportx fund manager Olly Russ in running the Liontrust European Income and Liontrust European Enhanced Income funds. He joined the firm from Argonaut Capital Partners, where he was an investment analyst.

Liontrust also expanded its sales team with two new hires to its operations across the UK. Andrew Taylor covers sales for the North of England and Scotland after joining the firm from Neptune Investment Management. Mark Wright covers sales for the Midlands after joining from Jupiter Asset Management. Both will report to Ian Chimes, head of global distribution.

Financial advisor Salisbury House Wealth appointed Tracy Browne as a wealth management consultant servicing ultra-high net worth private clients. She joined the company’s private client team in London. Browne has around 23 years’ experience in the sector. She previously worked as a private banker at Coutts for 21 years and as a private banker at Citi Private Bank for two years.

Boodle Hatfield expanded its family team with the appointment of Emily Brand to partner. Brand is an expert in all aspects of family law, with particular experience in high-value financial proceedings and resolving international children disputes. She came from Winckworth Sherwood, where she was head of its family team.

Private client investment house Killik & Co appointed Svenja Keller as head of wealth planning. She is responsible for the planning services that run alongside the partnership’s investment expertise. Keller joined from Investec Wealth & Investment where she was responsible for building the financial planning team in Birmingham. Prior to Investec, Keller held roles at UBS Wealth Management, PwC Wealth Advisory and John Lamb Partnership.

Succession appointed Ian Shipway as non-executive director of its wealth management advisory business, as the company looks to increase its profile in the wealth management industry. Shipway will sit on the firm’s board.

Hargreave Hale appointed Andrew Wood as an investment manager within its Carlisle office. Wood focuses on serving clients across the Cumbria region and the Scottish borders. He came from Brewin Dolphin, where he spent 19 years serving clients from the Dumfries and Galloway area.

One of the most recognisable figures in wealth management consultancy, Ian Woodhouse, has his berth at PricewaterhouseCoopers after spending around seven years at the firm to join Orbium, a financial services and technology consultancy. Woodhouse, who has spoken at events organised by this news service and is a respected commentator on industry issues, holds the role of senior business advisor at the firm.

London- and Paris-based firm Hilbert Investment Solutions appointed David McFadyen as its UK business development manager. McFadyen manages Financial Conduct Authority-regulated intermediary client accounts and market its discretionary portfolio management service. Prior to Hilbert, McFadyen worked for Meteor Asset Management, where he set up its institutional business development team. 

Gresham House appointed Michael Hart to the newly-created role of head of distribution Hart will be responsible for distribution across Gresham House’s various alternative products. He reports to managing director Rupert Robinson. The new head of distribution has over 20 years’ experience in both traditional and alternative asset management. He has served as global head of business development at both Amundi Alternative Investments and Aberdeen Asset Management.

Clarion Wealth Planning appointed financial planner Sam Petts. Petts offers intergrated financial planning solutions to business owners across the North West. Petts has over 15 years’ experience in the financial planning industry. He started his career at Caroline Banks and Associates in Mayfair, before joining Killik & Co, where he worked for 12 years, most recently as a partner and head of its Richmond office.

Principal Global Investors appointed Alan Glendon as director of UK fund distribution. Glendon is responsible for building and strengthening relationships between Principal and private banks, wealth managers, family offices and brokers in the UK, Ireland and the Channel Islands. He reports to global head of wealth advisory services Nick Lyster. The new director of UK fund distribution has over 17 years’ experience in asset management with a focus on wealth management. Glendon joined from Janus Capital, where he was sales director, responsible for the firm’s strategic direction and sales management.

Payne Hicks Beach made two promotions within its family and private client departments. Nick Manners and Caroline Ferrigan were made associates within the firm’s family and private client departments, respectively. Manners joined the firm’s family operations in 2010. He advises on all areas of family law, ranging from divorce to pre-nuptial agreements. Ferrigan was promoted to associate after only joining the firm in 2016. She advises on a range of private client matters, including trusts, wills and estate planning and personal tax.

UK-listed investments house Shore Capital brought in one of the organisers of last year’s victorious Brexit campaign as a senior political advisor. It appointed Matthew Elliott into its capital markets business. Elliott is also a senior fellow at the Legatum Institute, an international think tank, where he is focusing on the UK-US trade deal and researching the rise of populism. Having been chief executive of Vote Leave, the official Brexit campaign in the 2016 EU referendum, he is a prominent UK political campaigner and strategist. He also led the "NOtoAV" campaign that won the 2011 referendum on the Alternative Vote.

Martin Heale, left RBC Wealth Management along with senior colleague Janette Saxer was managing director, relationship management at the Canada-headquartered firm, and part of a London-based team of SEC-licenced client advisors serving US, select Latin American and Caribbean clients. Heale joined the bank in 2011 and previously had worked in a number of senior roles at Kleinwort Benson, most recently, as MD for UK and head of private wealth management. From 1992 to 2005 he worked at Barclays Private Bank. Saxer was a director, wealth management, and had been at RBC Wealth Management from 2002. Like Heale, she specialised in serving US and Caribbean clients via London.

Subsequently, Heale resurfaced at Schroders, leading a new London-based business to serve high net worth US expats. The new entity, Schroder Wealth Management Limited forms part of Schroders’ wealth management division and sits alongside its existing UK subsidiary, Cazenove Capital. 

Hermes Investment Management appointed Orla Murphy as research director. She is based at the company’s headquarters in London. Murphy reports head of investment Eoin Murray. Murphy has over 15 years’ experience in the financial services sector. She joins from VTB Capital, where she was business manager for international equities and cross-asset business manager.

St James's Place named Duncan Gregory as head of business for its academy based in Manchester, UK. He most recently served as financial planning director at Prudential Financial Planning. He led the distribution arm of Prudential UK for three years.
Switzerland, Europe

Pictet Alternative Advisors, part of Geneva-headquartered Pictet, appointed Heinrich Merz as head of hedge funds. He leads a team of 14 hedge fund specialists and reports to Nicolas Campiche, chief executive of PAA. Merz has 12 years’ experience in the alternative investments industry. Most recently, he was chief investment officer at Amundi Alternative Investments, the specialist alternative boutique of Amundi, where he looked after more than €5.6 billion in alternative assets. Starting his career as a senior analyst at Concordia Advisors, a €2.3 billion multi-strategy hedge fund, he has also worked at Permal Investment Management as deputy chief investment officer.  

The UBS regional head for Zurich left the post. Thomas Ulrich, regional and wealth management head for the Zurich business since 2009, became head of governmental affairs, part of the regulatory and governance arm of the Swiss bank. That role means Ulrich puts UBS’s case to policymakers. In this position, he reports to Markus Ronner, who is in charge of the UBS regulatory and governance department.
As a result of the appointment, Ulrich took over from Steve Hottiger, who was appointed as senior regulatory strategist – a new role. Hottiger's deputy, Thomas Pohl, remained deputy head of governmental affairs, reporting to Ulrich.

Rothschild Asset Management appointed Stephanie de Saint-Marcq as head of asset management Switzerland. Gil Platteau, who has headed the Swiss asset management business since 2013, left Rothschild Asset Management to take on a new role outside the Group. De Saint-Marcq reports to Laurent Gagnebin, chief executive of Rothschild Bank, the firm said in a statement. De Saint-Marcq was previously client relationship manager for the firm’s asset management operations in France and Switzerland. She has also worked as an analyst at Microfinanza Rating and as a project manager for the World Microfinance Forum Geneva.

A familiar face in wealth management consulting and research, Sebastian Dovey, stepped down from day-to-day management of Scorpio Partnership, the business he founded with Catherine Tillotson in 1998.
Scorpio's parent company, McLagan - the former was acquired in 2014 – said that Mark Miles, European head of wealth management at McLagan, took over leadership of Scorpio. Miles is supported at an executive level by directors Caroline Burkart and Annie Catchpole in Europe, associate partner David Lo in the US and Pathik Gupta in Asia-Pacific. He reports to Peter Keuls, global head of wealth management and practice lead for performance at Aon. Miles, who joined Aon in January 2015, has over twenty years of consulting and industry experience in financial services, largely focused on the private banking and wealth management sector.

Intertrust appointed Ian Rumens as global head of private wealth services. He will be based in the firm’s Jersey office. Previously, Rumens was director of the private wealth team. He moved to Intertrust after it acquired Elian. He joined Elian in 2009 from a legal fiduciary firm based in Jersey.

Chief operating officer of Liechtenstein-based VP Bank, Martin Beinhoff, left the group. Chief executive Alfred Moeckli and chief financial officer Siegbert Nascher co-head the COO business unit on an interim basis. During his time at VP Bank, the COO was responsible for group credit, group operations and group information technology.

North America

RBC Wealth Management brought in two financial advisors from Morgan Stanley to its Chevy Chase, Maryland office. Senior vice presidents of the Great Falls Group, Brandt Haring and Joe Smart, have joined RBC WM.

US law firm Jenner & Block appointed Emily Petrovic Li, a wealth management lawyer, as a partner in the Chicago office. Li represents high-net-worth individuals and their families who have complex estate planning needs. Li is experienced in structuring and implementing sophisticated estate plans for transferring wealth. She also has a background in fiduciary litigation and experience in resolving Internal Revenue Service audits. 

Oppenheimer & Co hired Eric Lyons and Mark Yadgaroff as managing directors and financial advisors in its Atlanta and New York private client division offices, respectively. The duo previously worked at AllianceBernstein.

The Global Impact Investing Network , a non-profit dedicated to increasing the scale and effectiveness of impact investing around the world, promoted Giselle Leung as managing director, in an bid to engage with more mainstream financial players. At GIIN, Leung reports to chief executive Amit Bouri. She joined GIIN in 2010 as one of its founding managers of the firm’s investors’ council, working with experienced investors like The Bill & Melinda Gates Foundation, The Rockefeller Foundation and Deutsche Bank.

Raymond James brought over a team of financial advisors from UBS in Honolulu, Hawaii. The team joined the Honolulu branch of Raymond James, managed by Larry Goeas, and operates as The Kikawa Group of Raymond James. The former UBS team, which managed more than $3.5 billion worth of client assets, includes managing director Ronald Kikawa and three senior vice presidents of investments: Karen Yasukawa, Gregg Matsuura and Wesly Yamomoto. First vice presidents of investments Susanne Millard and Paul Yamashita also joined, along with Kelly Kimura, a senior financial planning consultant.

Raymond James also recruited a $500 million advisory team from Wells Fargo Advisors to join its Palm Beach Gardens, Florida branch. Scott Powers, Gregg Powers and Sean Sill operate as Twin Powers & Sill Wealth Advisors, serving a variety of individuals and multi-generational families. The trio joined from Wells Fargo Advisors, where they managed more than $500 million in client assets and had annual production exceeding $2.5 million. They were joined by Lisa Chavez, registered client associate.

Raymond James brought over a new wealth management team to its Seattle office. Senior vice president of wealth management, Kathleen Hobart, were joined by her team, Denise Leong, a senior financial planning associate, and Kristin Carr, senior registered client service associate. The team operates as The Hobart Group of Raymond James.

In another Raymond James set of hires, it chose two veteran financial advisors to head up a new team in Richmond, Virginia. Kemper Wharton and Todd Oney, formerly of Merrill Lynch, joined as senior vice presidents of investments. They operate as Wharton Oney of Raymond James. They were joined by Rangely Turner, a registered senior client service associate, and Margaret Gray, a registered client service associate.
BNY Mellon Wealth Management appointed Brian O’Neil as wealth director of its Denver, Colorado office. O’Neil reports to regional president James Barnyak. He has more than 20 years of experience in financial services.

First Republic Bank appointed Robert Gehlen and David Mucha, two former UBS wealth managers, to the lender’s private wealth management arm in San Francisco. Gehlen, who has 25 years of wealth management experience, and Mucha, who also has 20 years of wealth management experience, were named managing directors and wealth managers. Previously, Gehlen was a senior vice president and wealth advisor at UBS, which he joined in 2006.

Fidelity Southern Corporation, which operates wealth management and banking services in the US Southeast, appointed Charles Christy as executive vice president and chief financial officer and its subsidiary, Fidelity Bank. Stephen Brolly, who was the CFO and a member of the company for 11 years, continues to work as an officer in Fidelity Southern and Fidelity Bank. Previously, Christy worked at CoastalSouth Bancshares, where he was the executive vice president and chief financial officer for the past seven years.  Prior to joining CSB, Christy was CFO of Citizens Republic Bancorp.  He was with CRBC for over eight years. Before joining Bank One, Christy spent seven years in healthcare consulting with Deloitte & Touche and served as controller in a privately-held manufacturing operation for five years in Cincinnati.

LPL Financial appointed Scott Seese as managing director and chief information officer, effective July 10. Seese replaced Victor Fetter, who left the company to pursue other opportunities. Seese is based out of LPL’s South Carolina office in Fort Mill. He was previously CIO of American Express’ global consumer business unit.

Deutsche Bank appointed two financial crime experts to its anti-financial crime team. It appointed Richard Weber as managing director and head of anti-financial crime for the Americas. He was joined by Irwin Nack, named as managing director and deputy head of anti-financial crime for the Americas. Weber served at the Internal Revenue Service as chief of the criminal investigation division for the past five years. He also worked in the Manhattan District Attorney’s office as chief of the major economic crimes bureau and was chief of the money laundering unit of the US Department of Justice. At Deutsche, Weber reports to Philippe Vollot, global head of anti-financial crime and group anti-money laundering officer. Nack, who has more than 20 years of anti-financial crime experience, joined from the Bank of Tokyo-Mitsubishi, where he was head of global financial crimes advisory. He has also held the post of chief compliance officer at the bank. Like Weber, he worked in the Manhattan District Attorney’s Office, prosecuting criminal offences and complex financial crime cases.

Utah-headquartered investment advisory firm Foresight Wealth Management appointed Paul Hutchinson as a new partner to lead the firm’s growth strategy. The firm also created a new advisory board, to be led by newly-appointed executive chairman Donaldson Hartman. Hutchinson has 16 years' experience in wealth management. He joined from Bridge Investment Group, where he served as director of capital markets. Hartman has 26 years' experience in M&A, investment banking, commercial banking and private equity fund management. He co-founded Bridge Investment Group, where he oversaw more than $7 billion of funds and looked after the firm’s private equity real estate funds. He still serves as vice chairman on the board of directors at Bridge Investment Group.

Citi Private Bank appointed two new hires in California for its high net worth service in the US. Masa Sekulic joined the Beverly Hills office as an ultra-high net worth private banker, and Matthew McKenzie joined the Los Angeles office as a investment finance generalist transactor. Sekulic - whol reports to Rob Laughlin, regional market manager of the western region - was a private banker at Deutsche Bank, looking after the sports, entertainment and real estate sectors. She has also worked as a business manager for financial services firm Crowell, Weedon & Co. Sekulic is responsible for tailoring wealth management solutions across Citi’s private banking platform for the firm’s Beverly Hills-based clients. McKenzie, who reports to Steve Kwei, investment finance region head for Central, West & Canada, also joined from Deutsche Bank, where he served as a structured lending specialist. He has also held the position of consultant at PricewaterhouseCoopers.

Grant Thornton appointed Simon Moss as managing director of its financial services advisory practice. Moss is based in New York. Prior to Grant Thornton, he founded and led Pneuron Corporation. He also served as chief executive of Mantas Corporation. Moss also launched and managed financial services technology-related practices at IBM and PricewaterhouseCoopers.

Wealth management firm Lassus Wherley appointed Dawn Brown as senior financial planner. Brown is responsible for the development of broad-based financial plans for high net worth clients and will serve on both the investment and financial planning committees. Brown joined after 15 years at Altfest Personal Wealth Management in New York, where she was a senior financial advisor. 

Northern Trust Wealth Management appointed Logan Winn as senior vice president. He also became a senior wealth advisor based in Washington, DC office. Winn reports to Brett Rees, who is president of Northern Trust Wealth Management’s mid-Atlantic region. She has more than 15 years’ experience in the industry and is an expert in estate and tax planning for high net worth families and individuals. Prior to Northern Trust, Winn served as a director at Abbott Downing.

Joseph Cosentino rejoined Clifford Chance’s corporate team as a partner in New York. Consentino focuses on public and private M&A in the insurance and private equity sectors. Previously, Cosentino was partner at the firm for three years, leaving in June 2015 to join Greenberg Traurig, a US-based law firm. During his last spell at Clifford, Cosentino advised clients on mergers, tender offers, auctions and restructurings. He also represented acquirers, targets, investment banks and investors in negotiating public and private transactions.

Santa Barbara-based advisory firm Mercer Advisors appointed Dave Welling as chief executive as part of the company’s leadership transition strategy. Welling succeeded David Barton, who became vice chairman and took control of the company’s mergers and acquisitions. He joined the firm from SS&C Advent, where he was co-general manager.

Evercore appointed Tannon Krumpelman as a senior managing director. Krumpelman is based in New York, where he leads the firm’s advisory business in the Americas. He has nearly 20 years’ experience in the financial services sector. He will join the firm from UBS, where he was managing director and head of banks for the Americas.

State Street Global Advisors appointed Kathryn Sweeney as head of SPDR Americas institutional sales. Sweeney is responsible for defining and leading the execution of the SPDR Americas institutional sales strategy. She reports to Nick Good, co-head of the global SPDR business. Prior to SSGA, Sweeney worked at Goldman Sachs.

Merrill Lynch Wealth Management hired two financial advisors to join its Rockefeller Centre office in New York. Will Sahlman and Greg Jones joined to form the Sahlman Jones Group. Both Sahlman and Jones came from Morgan Stanley, where they oversaw $300 million in assets. They have worked together for nearly 15 years. 

Merrill Lynch’s private banking and investment group brought in a team of wealth managers, F Michael Covey, Tom Kane, and Mark Wiktor to its Chicago office. All three of them are managing directors. They formed the CKW Team and joined from UBS Private Wealth, where they were responsible for $3.3 billion in assets under management. The team will report to regional managing director Brett Thelander. The trio worked for nearly 10 years at UBS Private Wealth, where they had moved their practice from Lehman Brothers in 2007.

Merrill Lynch Wealth Management hired two financial advisors to join the Rockerfeller Center office in New York. The duo are part of the Gabriele VK Wealth Management team. Joseph Gabriele and Paul Vasady-Kovacs, who have worked together for nearly 20 years, are managing directors of the wealth management firm, and joined alongside Christian Martinez and Dana Shaker, who make up the rest of the team. The team was responsible for $1 billion in assets and $7 million in production at UBS.

Bank of America’s wealth management arm US Trust has expanded its wealth management services across the US with a flurry of hires. In May, the firm hired 14 new people, it said.

Enterprise Financial Services’ St Louis chairman Michael Walsh resigned from the firm. He was also a director of the St Louis branch. Walsh expressed his desire to pursue a less formal role. He joined the firm and its board of directors on February 10, 2017 as part of the company’s acquisition of Jefferson County Bancshares, and its wholly-owned subsidiary, Eagle Bank and Trust Company of Missouri .

JP Morgan Asset Management hired two private credit investors to join its alternatives business as co-chief investment officers of a new global special situations group. Brad Demong and Leander Christofides operate globally and report to co-managing partners of JP Morgan Global Alternatives, Anton Pil and Chris Hayward. Demong and Christofides are based in New York and London, respectively. Previously, both held senior roles at JP Morgan’s corporate and investment bank. They left the firm in 2016.

Heffernan Financial Services, an advisory firm, appointed Jennifer Owen as a financial advisor in the Irvine, California office. Owen has more than ten years’ experience in the sector. Prior to Heffernan, she worked at BNY Mellon Wealth Management, specializing in the investment and planning needs of high net worth clients.

Capital Management Group of New York, a financial services firm with $1 billion in assets under advisement, appointed Kevin Small as a senior wealth advisor. Small has worked in the financial services sector since 2012. Prior to New York-based Capital Management Group, Small was a financial consultant with AXA Advisors. In this position, he worked with a team of financial professionals to provide financial guidance and customized strategies to individuals and small businesses.

Engel & Völkers Miami, a luxury real estate business and part of an international group, appointed Lourdes Alatriste as partner and private office advisor, a move that sees her re-joining the firm. Alatriste brings more than 25 years of experience in the South Florida luxury real estate market. She comes back to Engel & Völkers from ONE Sotheby's International Realty where she was executive director of international real estate specializing in connecting premium residential properties throughout Miami's most luxurious neighborhoods.

Private Bank of Buckhead appointed Miriam Roland as personal banker. Roland is the newest member of the Georgia-based firm, and joined several months after the bank merged with National Bank of Commerce.

Atlanta-based financial services firm ACG Wealth appointed Greg Fink as president. He also became the company’s new chief executive. Fink is responsible for driving ACG Wealth’s strategic growth plan, which includes expanding the private wealth and hybrid investment management platforms. The new president was previously vice president at Fidelity Investment’s clearing, custody and services business unit.

BNY Mellon appointed former senior Bank of America manager Bridget Engle as senior executive vice president and the new chief information officer. Engle, who reports directly to chief executive Gerald Hassell, also joined the firm's executive committee. She took over from Suresh Kumar, who left the company after nearly 30 years of service. Engle heads up BNY Mellon’s client technology solutions group. Engle has more than 30 years of experience spanning AT&T, Lehman Brothers, Barclays Capital, DTCC and Bank of America.

Two former employees of Goldman Sachs Private Wealth Management, who handled around $1 billion in client assets, formed DG Wealth Partners. The new firm joined the Dynasty Network of advisory businesses. Financial advisor David Darby partnered with Melissa Gray to launch DG Wealth Partners, which will focus its services on entrepreneurs, C-suite executives and families with complex financial portfolios.

Consulting firm Charles River Associates appointed two veteran forensic accounting, fraud investigation experts. Peter Resnick joind as a vice president in the forensic services practice in Boston, US, and Paul Doxey joind the practice as a senior consultant in London. Resnick has experience in leading high profile engagements in the areas of fraud investigation, business damages and valuation. He has more than 20 years’ experience. Prior to joining CRA, Resnick served as the New England managing partner for Grant Thornton. Doxey has experience in areas of accounting, laundering, fraud, bribery, corruption and financial crime due diligence. He has worked in the field for nearly 30 years. Doxey was a partner at Arthur Andersen and was seconded for two years in the Bank of England’s special investigations unit and at the UK Financial Services Authority.

US-based Crown Bank chief executive Peter Dahl resigned from his post. During the planned transition, Crown Bank president Kevin Howk will be assume Dahl’s responsibilities.

RyanSharkey Financial Advisory Practice hired two new financial advisory partners to its operation. Anthony Ricciardella and Ricky White were hired as partners. Ricciardella has more than 25 years’ experience in the public accounting sector working for large international firms. He consults on complex revenue recognition arrangements; debt and equity transactions; incentive compensation, and share-based payment arrangements and business combinations. White has over 18 years’ experience as an advisor to companies, providing advice on transactions, accounting and assurance services, focused on government contracting and technology businesses.

Morgan Stanley made several changes to its wealth management team. Bill McMahon and Rick Skae became vice chairman of wealth management and Vince Lumia became head of the field, reporting to co-heads of wealth management Shelley O’Connor and Andy Saperstein. Mandell Crawley became head of private wealth management, reporting to both Lumia, and O’Connor and Saperstein. 

RBC Wealth Management appointed Tonya Nichols as a senior vice president, financial advisor of the Portland, Oregon office. Alongside Nichols, Carolynn Ashton also joined the Portland office as a senior client associate. Nichols has 11 years’ experience, and manages $122 million in assets under management, with $1 million in production.

US financial services firm McNally Capital promoted four team members to senior roles. The company also named John Freund as a senior advisor. Adam Lerner was promoted to partner, and Catherine Lien, Josh Brown and Ravi Shah were elevated to vice president. Lerner joined McNally in 2009 and co-leads the firm’s direct investing activities. Lien joined in 2013, Brown and Shah both joined in 2016, with all three playing a big part in the firm’s growth over the last few years. Freund joined the firm as a senior advisor to help grow the firm’s ambitions with the direct family capital sector. He has 47 years’ experience in the financial services industry. Freund was a managing director at Citigroup and Travelers Group.

JP Morgan Asset Management appointed Joanna Gallegos as head of its US ETF business. Gallegos succeeded Bob Deutsch in the role, who announced his retirement earlier this year. Gallegos report to global head of beta strategies Mike Camacho. The new head of US ETF also assumed Deutsch’s role as president of the US ETF complex. Deutsch continued in his role as JP Morgan’s ETF board. Prior to joing the firm in 2013 as head of ETF product development, Gallegos worked at BlackRock iShares for 14 years.

Professional services firm EY appointed two new members to its private client services practice. Jim Medeiros joined as a tax partner in Boston and leads the New England private client services practice. Jose Martinez joined he practice as executive director of its Atlanta, Florida office. Medeiros has more than 24 years’ experience providing tax planning advice to high net and ultra-high net worth individuals and families. Prior to EY, he spent 17 years with PricewaterhouseCoopers, where he served as a partner in the personal financial services practice. Martinez was previously the tax director for Axiall Corporation, a position he had held since 2014. Prior to Axiall, he worked at PwC for four years where he became a director in tax.

Wells Fargo senior executive vice president and head of wealth and investment management, David Carroll, retired after nearly 38 years with the company. Carroll remained with the firm until July 31, 2017 to ensure a smooth transition. Jonathan Weiss, the company’s head of Wells Fargo Securities, succeeded Carroll to become senior executive vice president and head of wealth and investment management.

RBC Wealth Management appointed Justin Ferdula as director of its Chicago complex. Ferdula oversees the Chicago, Lakeshore, North Shore, Oakbrook, Orland Park and Indianapolis offices and is responsible for more than 60 financial advisors. The new Chicago director has 14 years’ experience in the industry. He joined the firm from Morgan Stanley, where he previously led its Rockerfeller Center branch.

Ohio-based Farmers National Bank hired Mark Wenick as chief wealth management officer. The new position marked the first time the bank has hired an individual to oversee the wealth management services it provides. Wenick oversees the wealth management services of the bank and its affiliaties. 

US retail investment advisory firm and broker/dealer LPL Financial said Michelle Oroschakoff, its chief risk officer, had expanded responsibilities to oversee the firm’s legal and government relations functions as chief legal and risk officer. Oroschakoff took over general counsel duties following the departure of David Bergers, who left to take a position in private practice. 

Asia-Pacific

Intertrust made a splash of appointments: James Donnan was named head of fund services for the firm's Hong Kong office. He previously worked as commercial director, Greater China for Intertrust. It appointed Christine Jacquemart as commercial director of fund services, based in Luxembourg. She has more than 20 years' experience and has worked for Pictet earlier in her career.
Harald Thul was selected for the director of alternative investments services role, also based in Luxembourg. He joined Intertrust in 2013 after spending 14 years working at PricewaterhouseCoopers. 

Another joiner is Michael Johnson, coming from BNP Paribas to head up its funds division in the Channel Islands. Previously, he was head of fund services for the Channel Islands at BNP Paribas.
In the firm’s Dutch headquarters, other appointments were made. Joost Broekhuis was appointed executive director of capital markets and funds services. Previously, Joost was business unit director of the private equity team for North America.

Evert Wind was named executive director of corporate services. Evert joined Intertrust in 2003 and was most recently in charge of overseeing the integration programme following the acquisition of Elian in September 2016.

Aviva Investors, the global asset management business of Aviva, appointed Charles Wong as head of wholesale distribution Asia. He is based in Singapore. Wong is responsible for growing Aviva Investors’ wholesale platform in Asia and managing the firm’s relationships with private banks, family offices and financial advisors in the region. He has over 12 years’ experience in fund distribution. He was most recently vice president of institutional distribution at Credit Suisse Asset Management.

UK-based Waverton Investment Management appointed Chaiyarit ‘Hoon’ Valyasevi as an analyst, based in the firm’s recently-opened Bangkok representative office. Hoon joins Brook Tellwright and Doug Barnett in uncovering investment opportunities across the Southeast Asian region. Hoon joins from Thailand’s state-owned energy corporation, PTT Public Company Limited where he was responsible for business development. He graduated from Imperial College, London with a Masters in Chemical Engineering in 2014.

PineBridge Investments, the asset management house, appointed Lisa Wang as head of marketing and communications for Asia, based in Hong Kong. Wang joined PineBridge from State Street Global Advisors, where she was head of marketing for the Asia-Pacific region. Wang has more than a decade of business-to-business and business-to-client marketing experience in the asset management industry. 

India-based financial services group IDFC, which provides services including wealth management, appointed Sunil Kakar as the managing director and chief executive of IDFC Limited, taking effect from 16 July.  The appointment is subject to approval of shareholders at the company’s annual general meeting; Kakar has been chief financial officer at IDFC Bank. The group also accepted the resignation of Vikram Limaye, current MD and CEO of IDFC Limited. 

Japan's Nomura Holdings made a change to its board of directors, appointing a new outside director. Nine directors and seven executive officers were re-appointed to the board. Mari Sono became an outside director on Nomura's board.

ANZ appointed Jennifer Scott to the newly-created role of general manager of digital transformation and performance to spearhead the bank's digital strategy. She is responsible for the commercial delivery of

ANZ's digital banking strategy, including strategic partnerships, to accelerate innovation and to support the bank's overall agenda. Scott has more than 20 years' experience in senior finance, strategy and marketing. She has worked in Australia, Europe, the UK and the US.

Schroders appointed Ken Maeda to succeed Shogo Maeda as head of Japanese equities when he retires in March 2018; Maeda leads the Japanese equities team from 1 October 2017. He has managed the Schroder ISF Japanese Opportunities funds since it launched in December 2016. He joined Schroders in 2001, previously working at Nomura Asset Management. 

Northern Trust added three new staff to its offices in Sydney and Melbourne in a bid to drive future growth across its asset servicing and trading desks. Tania Tuxford was appointed as a business development manager in the Sydney office. David McWilliams, also appointed as a business development manager, heads up the firm’s growth prospects from the Melbourne office. Simon McDonough was named senior equity program trader, joining Tuxford in the firm's Sydney office.  Tuxford joined from ANZ Wealth in Sydney, where she was a senior relationship manager. She has also worked at Citi and RBC Investor Services in Australia. McWilliams joined from JP Morgan Investor Services, where he worked as a senior relationship manager. Earlier in his career, he spent stints with ANZ Custodian Services and Bank of New York in London. Reporting to Angelo Calvitto, head of sales for corporate and institutional services in Asia-Pacific, both Tuxford and McWilliams service asset owners and managers in the Australasia region.

Russell Reynolds Associates, an executive search and leadership advisory firm, appointed Peter O'Brien as region head for Asia Pacific, replacing Peter Drummond-Hay. O'Brien, who previously led the global supply chain practice at the firm, spent the last 10 years in the leadership and search advisory industry.

Capital Partners, a wholly-independent outsourced investment office, appointed Arjun Raghavan to its board of directors. Raghavan is a partner of the firm and head of its Asian business. He joined the firm in 2007 and became a partner in 2010. He relocated from the firm’s London office in 2013 and established offices in Hong Kong and subsequently Singapore.

ING Bank appointed Rob Carnell as chief economist, head of research Asia-Pacific. Carnell replaced Tim Condon, who retired from both roles. The new head of research APAC moved from London to Singapore. Carnell is responsible for heading the firm’s APAC research management, which covers the whole of Asia, Australia and New Zealand. He reports to Mark Cliffe, group chief economist. He joined the firm in October 2014. Condon joined the firm in 1999 to head the bank’s economic and financial markets research of Asia ex-Japan. He retired at the end of June after more than 18 years’ service.

Paul Davies, former chief executive of Coutts Asia and a veteran of the private banking industry in the region, joined Singapore-based headhunter Tom Roche and Associates. Davies' career spans more than 40 years and he has worked in UK, Switzerland, India and Asia. He spent 15 years in Singapore, where he led Coutts development of their high net worth Clients in the city-state, Malaysia, Indonesia, Thailand, and global non-resident Indians. Prior to retiring in 2014, Davies was Coutts vice-chairman for Southeast Asia.

UBS appointed industry veteran Ya Ju Wu as country team head, China International, replacing Vicky Lee. Ya Ju joined UBS in 1996 and has held the role of desk head on the Taiwan International team since 2006. She has more than 20 years´ experience in total and has worked in in Taiwan, France, the US and Hong Kong. In her new Hong Kong-based role, Ya Ju reports to Marina Lui, regional market manager, China International, and operates from UBS´ Kowloon office, which opened late last year.

BNP Paribas Asset Management made two appointments in Singapore and London: Mark Speciale became Asia-Pacific head of institutional sales, and Simeon Tsonev joined the emerging markets fixed income team as a currencies portfolio manager. Based in Singapore, Speciale reports to Hong Kong-based Ligia Torres, BNP Paribas Asset Management's APAC chief executive. Prior to joining the French lender, Speciale worked at BNY Mellon Investment Management in Singapore as head of distribution. His career in financial services spans close to 30 years. Meanwhile, Tsonev, whose role was newly-created, is based in London and reports to Bryan Carter, head of emerging markets fixed income.  Tsonev joined BNP Paribas Asset Management from Credit Suisse, where he was a vice president of foreign exchange options trading, with a focus on emerging market currencies.

Natixis Global Asset Management appointed Oliver Bilal as head of international sales and marketing, overseeing all related distribution and institutional activities across Europe, Asia, Latin America and the Middle East. Bilal joined from UBS Asset Management, where he was head of EMEA. Beverly Bearden, former executive vice president of global human resources, was appointed deputy chief executive, reporting to Jean Raby, the firm’s chief executive. Fabrice Chemouny, former executive vice president of international institutional sales, became head of Asia-Pacific, overseeing business development in the region. He reports to both Bilal and Raby. Chris Jackson, former International deputy chief operating officer at Natixis, became chief international operations officer. Cyril Marie, former head of strategy and corporate development at Natixis, assumed the role of deputy chief financial officer, reporting to CFO Geoffroy Sartorius and Raby.

Mark Smallwood, previously of Deutsche Wealth Management, resurfaced as managing director of Confidentem Private Office, based in Singapore. Spending 14 years at Deutsche, Smallwood had been a member of the executive and management committees of the asset and wealth Management businesses, head of wealth planning for Asia-Pacific and global head of insurance solutions at the German firm. Prior to this, he owned and operated a multi-family office in the Caribbean which incorporated both a trustee and corporate services business, as well as an insurance company, selling these in 2003. He has been a full member of the Society of Trust and Estate Practitioners for 18 years.

UBS Asset Management appointed Patrick Jung as fixed income specialist. Jung works with the Sydney-based fixed income team and he will work with its clients and research consultants. He has over ten years’ experience in the industry. He spent eight years at the National Australia Bank in Sydney and Singapore.

Japanese asset manager Sumitomo Mitsui Trust Group promoted two directors to the firm’s London office. Akimichi Oi was promoted to director of the investment management department, and Kota Murakami was elevated to director of global business development. Oi is responsible for international sales and the expansion of Sumitomo Mitsui Trust International. Murakami is responsible for the development and expansion of SuMI TRUST Group’s client base. The new director of investment management moved from the Tokyo office.

Northern Trust appointed Sally Surgeon as head of its Sydney office; she kept her responsibilities as head of client services for Australasia. She continued to report directly to Madeleine Senior, head of the Australasia region. Prior to her new role, Surgeon was most recently based in Northern Trust’s Melbourne office. She joined the firm in 2005 in London, and then moved to the Melbourne office in 2007. Surgeon has more than 20 years’ experience in the sector.

A senior figure at JP Morgan’s private bank in Hong Kong left the bank after less than a year in the role - Lemuel Lee, head of equities, Asia. Lee was in charge of equity investments for Asian clients at JP Morgan, including managed and index funds. Prior to this role, he worked at Bear Stearns, the US business acquired in 2008 by JP Morgan when the former had hit financial trouble.

Schroders, the UK-listed investment house and private bank, made Jason Yu head of multi-asset product for North Asia. Yu is based in Hong Kong and reports to Garth Taljard, head of multi-asset management. You previously worked at Standard Life Investments. 

Pacific Life Re appointed Vivian Wei as its China representative. She has more than 17 years of experience in the life insurance industry. 

Bank of Singapore made a raft of senior managerial changes affecting roles of global markets heads. Sermon Kwan, who has managed two roles – chief executive of BoS’s Hong Kong branch and that of global market head for Greater China, from January 2018 was focusing on his Hong Kong CEO role. Kwan passed the responsibilities of the global market head for Greater China to Derrick Tan, the bank’s GM head for Malaysia, Brunei, Japan, Sub-Continent and Middle East. Tan is responsible for driving the bank’s growth in Greater China, as well as for expanding its presence through collaborative partners OCBC Wing Hang and Bank of Ningbo. Tan also became the GM head of Japan. Vikram Malhotra became the global market head responsible building growth in Sub Continent, Middle East and North Africa out of Singapore and Dubai. Olivier Denis covers the Malaysia market, in addition to the markets that he is currently responsible for - Singapore and International. Robin Heng became GM head of Thai and IndoChina, in addition to Indonesia and Philippines, as well as Core Wealth Segment.

The managing director of Singapore’s financial regulator was re-appointed to his post for two years. The Monetary Authority of Singapore said that Ravi Menon was re-appointed as a member of the MAS board of directors and as managing director of MAS for a further term of two years with effect from 1 June.
BNP Paribas, made senior roles in its Asia wealth management arm. Ernest Leung, chief executive for Singapore and chief operating officer for the Asia-Pacific region, moved to Hong Kong at the start of this year. Ricardo Sanchez-Moreno was appointed head of wealth management, Southeast Asia. He has worked at the Paris-listed firm since 2005; in 2016, he moved to Singapore to be market head for Singapore, Indonesia and Malaysia. The market head for Singapore and Malaysia, meanwhile, is David Koay, who is a managing direcdtor and who joined the firm in February from Standard Chartered, where he had worked with ultra-wealthy clients. Inge Kua was appointed head of Indonesia. Kua has worked at the bank for a quarter of a century.