BNP Paribas Investment Partners
BNP PIP has appointed James Dilworth to the newly-created role of global head of sales. Until recently, Dilworth worked at Deutsche Bank as chief executive of Germany for Deutsche Asset & Wealth Management Investment and global head of active asset management.
Prior to that he held various executive and business development roles at Allianz Global Investors. Dilworth also contributed to the growth of the Goldman Sachs Asset Management European footprint, with a specific focus on Germany for over 10 years.
He joins the executive committee and will report to Frédéric Janbon, chief executive of BNP Paribas Investment Partners. Based in London, Dilworth will be responsible for developing the firm’s business with institutional and retail investors, as well as distribution networks.
Maseco Private Wealth
Maseco Private Wealth has strengthened its management team with the appointment of Andrew Brown as chief operating officer. He will take responsibility for a number of areas of the business, including compliance, HR, legal, finance, and systems.
Prior to joining Maseco, Brown was chief operating officer and a founding partner of Skyline Capital Management, an emerging market investment management firm. He also held roles at Barclays, most recently as chief of staff in their UK Private Bank.
Fidelity International
Juliet Bullick has been named global head of consultant relations for Fidelity International, working with the firm’s institutional teams across the globe.
Bullick joins from BlackRock, where she worked for 18 years, including as head of UK institutional business. Most recently, she was head of inclusion and diversity for EMEA at BlackRock and she has also held various roles at Merrill Lynch Investment Management and Foreign & Colonial.
Axa Investment Managers
Axa IM has announced the appointment of Jennifer (Jenni) Millar to the UK wholesale sales team as retail sales manager. Based in Edinburgh and reporting to James Norden, head of strategic partnerships and regional sales, Millar will be responsible for distribution to clients in Scotland, Northern Ireland and the Isle of Man.
Millar was most recently with Lazard Asset Management where she spent three years as a regional sales manager. Prior to this she was at Standard Life Investments where she spent seven years in investment sales.
Amundi
Pierre Schereck has been appointed head of relations with social security bodies, a new role within Amundi’s institutional clients division. Schereck was previously head of employee savings and retirement schemes.
Xavier Collot will replace Schereck. As deputy head of employee savings and retirement schemes, Collot previously worked on pan-European individual and collective retirement solutions.
He will focus on further developing companies’ retirement schemes across all the regions in which they are offered. Collot will also become a member of Amundi’s executive committee.
Kames Capital
Kames Capital has further strengthened its high yield bond team with the recruitment of Jack Holmes as investment manager.
Reporting to recently recruited head of high yield, David Ennett, Holmes joins Kames from Standard Life Investments where he was an analyst on its European high yield team covering a variety of sectors including general industrials, waste and recycling and oil & gas services.
Zedra
The global independent specialist in trust, corporate and fund services, has appointed Robert Burchett-Coates to the newly created role of director of business development and sales. Burchett-Coates has over 15 years of multi-jurisdictional experience in the fund administration, investment management and corporate solutions markets.
Operating from the group’s London office, he will have a worldwide brief to develop new business both from within Zedra’s existing large client base and from new partnerships, in particular in Europe and Asia.
Prior to joining Zedra, Burchett-Coates was a director at Deutsche Bank in London leading fund services sales in EMEA with global transaction banking.
John Hancock Investments
John Hancock Investments, a division of Canadian financial services group Manulife, has added three to its ETF product and sales team. Steven Deroian has been named head of ETF strategy, reporting to Philip Fontana, head of product development, having spent the past 18 years at Fidelity Investments.
Michelle Fuller and Burns (Mac) Lowry have joined the firm as managing directors, ETF sales specialists, on the institutional sales team, reporting to Todd Cassler, president of institutional distribution. Fuller joins from Pimco Investments, while Lowry was most recently with BlackRock iShares.
Deroian, Fuller, and Lowry join Will Creedon, director of ETF capital markets, to collectively help build and support the ETF business at John Hancock Investments.
Walker Crips
Walker Crips has hired former Charles Stanley investment managers Holly Ward and Edward Lester. They will sit within the firm’s London office, which offers private clients discretionary, execution only, and advisory services.
Ward and Lester were with Charles Stanley for around 12 and nine years, respectively.
Federal Reserve
The US Federal Reserve has announced the director of the division of financial stability, Nellie Liang, is to retire later this year after 30 years with the central bank.
Liang began her career at the Fed in 1986 when she joined the division of research and statistics as an economist. In 2010, she was appointed director of the newly-created office of financial stability policy and research, which became the division of financial stability in 2016.
During her tenure as director, Liang led the division’s efforts to systematically assess risks to financial stability and to develop policy responses to mitigate those risks.