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PEOPLE MOVES: Axa, Marlborough Group, Nedbank Private Wealth

Management change-up for the France-based insurance firm as deputy CEO and CFO departs

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Axa

After 29 years with the insurance group, Gérald Harlin, group deputy chief executive and chief financial officer, has decided to retire on 1 January 2020.

He is also a member of Axa’s management committee

Etienne Bouas-Laurent, currently chief executive of Axa Hong Kong, will become deputy chief financial officer and a member of Axa’s management committee on 1 September.

He will then become group chief financial officer on 1 January 2020, when Gérald Harlin retires. Bouas-Laurent joined the group in 1997.

Alban de Mailly Nesle, chief risk officer, head of insurance office, and a member of the management committee, will become chief risk and investment officer.

He takes over the additional responsibility of overseeing the group’s investment department, as well as the group risk management and ceded reinsurance.

Georges Desvaux, previously senior partner at McKinsey and Company, has been named chief strategy and business development officer. He also joins Axa’s management committee as of 1 September.

Karima Silvent, chief human resources officer, will also join Axa’s management committee on 1 September.

Marlborough Group

The investment management firm has named Nick French as head of business development for multi-asset and wealth management.

In the newly-created position role, French will drive growth for the group’s multi-asset funds and managed portfolio service.

He previously had roles at Zurich and Old Mutual and spent over a decade at Russell Investments, where he was managing director and head of UK wealth management.

French left Russell Investments in March 2018 to establish his own business consultancy, launching online tools for financial advisers.

Nedbank Private Wealth

The boutique private bank has named John Williams as head of wealth planning for the international business.

Based in London, Williams will work with high net worth families and their professional advisers.

He has over 25 years of advisory and management experience and joins from Credit Suisse UK, where he was head of wealth planning for five years.

Williams also worked in similar senior roles at Barclays and UBS.

Perspective Financial Group

The UK financial planning and wealth management group has appointed Kevin Homfray as acquisitions director.

He will report to David Hesketh, group finance director, and will play a key role in the firm’s acquisitions plans.

Homfray has held senior roles in financial services for over 15 years, most recently as financial director and head of acquisitions for Newell Palmer, where he led the acquisition of over 50 IFA business acquisitions.

Association of the Luxembourg Fund Industry (Alfi)

The association has appointed Corinne Lamesch as its chairperson, effective immediately, for an initial two-year spell.

Lamesch has been a member of the Alfi board of directors since June 2017 and has actively participated in a number of Alfi technical committees and working groups.

She is country head of Luxembourg and head of legal in Europe at Fidelity International, and has over 20 years of experience in the Luxembourg fund industry.

Lamesch replaces outgoing chairperson Denise Voss, who becomes the chair of Luxembourg Finance Labelling Agency (LuxFlag).

G+E Wealth Management

The Leeds- and York-based firm has hired Richard Lord and Jonathan Noake as financial planners.

Lord and Noake both join from the high net worth arm of Lloyds Private Banking.

They will be focusing specifically on high net worth clients, with personal wealth of over £1m ($1.26m, €1.12m), excluding property assets.

Amundi

Gilles Dauphiné has become head of euro alpha fixed income at the French asset manager.

Prior to joining Amundi, Dauphiné was global head of buy and maintain at Axa, responsible for non-Axa clients.

He was also head of fixed income for Axa portfolios since 2014.

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