The wealth management sector is undergoing changes, with firms actively seeking to improve their leadership teams and operational capabilities. These changes reflect a broader trend of strategic growth and adaptation in the financial landscape.
August has witnessed several executive appointments and strategic shifts in the global wealth management industry. These developments highlight the ongoing evolution in financial services.
NEBA Private Clients has named Ben Stubberfield, Ciprian Bratu, and Craig Penketh as partners, signaling a commitment to enhancing client service and expertise. This move reflects their dedication to meeting growing client demands.
Equiom has made significant strides by appointing Sarah Cobden as head of corporate services and Vanessa Blanchet as executive director of corporate services. This strategic move aims to strengthen their corporate services team and meet the increasing demands of their clients.
Nuvama Private, the private banking arm of India's Nuvama Group, has appointed Vishwajit Patil as the senior executive officer for their newly launched operations in the Dubai International Financial Centre. This expansion reflects their commitment to serving clients in the Middle East.
Berner Kantonalbank has expanded its private banking unit by adding a team led by former Credit Suisse bankers Markus Mühlheim and Michael Honegger. This strategic move aims to leverage the expertise of seasoned professionals to enhance client offerings.
Titan Wealth has appointed Ian Wood as group chief investment officer, entrusting him with critical investment decisions at Titan Investment Solutions. This appointment reflects their confidence in Wood's abilities and expertise.
Stonehage Fleming has appointed Jayne Franks as group head of HR, succeeding Carol Mote. Franks will play a crucial role in managing the human resources function of the organization.
abrdn Adviser has created a new role for chief distribution officer and appointed Verona Kenny to the position. This strategic move aims to enhance their distribution capabilities and drive growth.
Eastspring Investments has appointed Dominic Wong as regional head of intermediary sales, based in Hong Kong. Wong will be responsible for driving sales and expanding their intermediary network in the Asia-Pacific region.
Lighthouse Canton has appointed Stella Lau as managing director of wealth advisory. Lau will lead the wealth advisory team and provide strategic guidance to their clients.
Phoenix Property Investors has appointed Kwanghyun (Tommy) Kim as managing director and head of South Korea. Kim will oversee their operations in South Korea and drive business growth in the region.
Emirates NBD has named Sameer Deshpande as its wealth management head in Singapore. Deshpande will be responsible for leading their wealth management operations and serving clients in Singapore.
Julius Baer has appointed Ashwin Jayaram as team head for its global non-resident Indians business in Singapore. Jayaram will lead the team and cater to the wealth management needs of non-resident Indian clients.
Vontobel has appointed Clarabelle Ho as head of intermediary clients in Asia. Ho will be responsible for managing and expanding their intermediary client relationships in the Asian market.
Canaccord Genuity Wealth Management has welcomed Paul Fielding as an investment director in its Birmingham team. Fielding will contribute his expertise to the investment strategies and offerings of the firm.
BIL Suisse has appointed Lionel Pilloud as the new head of its Geneva branch. Pilloud will oversee the operations of the branch and ensure the delivery of excellent client service.
Ascot Lloyd has appointed Francis Jackson as CEO. Jackson will lead the organization and drive its strategic growth and development.
Capital Union Bank Middle East has appointed Peter Albinsson as CEO. Albinsson will provide leadership and steer the bank towards achieving its goals in the Middle East market.
Vistra has designated Andrew Cherry as group chief financial officer. Cherry will be responsible for overseeing the financial operations and strategies of the organization.
Evelyn Partners has added Ben Sims and Joe Sheehan to its business development team. Sims and Sheehan will contribute to the growth and expansion of the organization.
Quilter Investors has appointed Alex Daniels as a manager research analyst. Daniels will play a crucial role in conducting research and analysis to support investment decision-making.