Close Brothers Asset Management (CBAM)
The UK advice firm has announced that Martin Andrew has decided to step down from his role as chief executive to pursue other opportunities
He has been with CBAM for 16 years, the last 13 of which as chief executive.
Andrew will remain with the business until the spring 2022 to ensure a smooth succession. The search for a successor is underway and an announcement will be made in due course.
The Swiss headquartered bank has announced that Francois Monnet, head of private banking north Asia and chief executive of Hong Kong will retire on 31 December 2021.
Monnet spent 14 years at the bank.
In other news, Credit Suisse has strengthened in wealth management in Asia Pacific.
Benjamin Cavalli has been named head of wealth management Asia Pacific. He is currently head of private banking (PB) south Asia, Singapore chief executive and Apac sustainability leader.
Jinyee Young has been appointed deputy head of wealth management Asia Pacific. Young is currently market group head for private banking Singapore, Malaysia and south Asia Switzerland – a Zurich-based team serving clients in south Asia.
Lastly, Chien Chien Wong appointed chief executive for Credit Suisse in Singapore – in addition to her current role as the chief operating officer for Asia Pacific.
The Openwork Partnership
The advice network is currently recruiting for a chief commercial officer to replace Mike Morrow, who is leaving in February for a new opportunity after six years at the group.
In other news, Openwork has named Stuart Dodson as managing director.
He was previously managing director at Openwork member firm Newcastle Financial Advisers.
Dodson will be supported by Liam Richards. who has been promoted to strategic partner director to work with larger firms in the network from his current role as sales director at Owl Financial, the Openwork Partnership’s specialist protection advice business.
Artemis Investment Management
Paras Anand will join the investment firm as chief investment officer in early 2022.
He is currently chief investment officer for the Asia Pacific region at Fidelity International.
Anand will be replacing Matthew Beesley, who will be leaving Artemis at the end of this year.
The independent investment firm has expanded its senior leadership team by recruiting Caroline Hallatt as chief operating officer
Hallatt joins from St James’s Place, where she was an executive director.
The banking group has hired Bongiwe Gangeni as head of consumer, private and business banking (CPBB) for Africa, Middle East, and Europe.
Gangeni will be based in Dubai,when she joins the Bank in March 2022.
She is joining Standard Chartered from Absa, where she spent the last 14 years, most recently as a member of the group executive committee, with the dual roles of deputy chief executive for retail and business banking, and head of relationship banking.
The IFA firm has named Rob Allen as managing director and David Shiel as marketing director.
Allen was previously managing director, commercial and business banking at Williams & Glyn, part of RBS.
Shiel was most recently as chief marketing officer at Cogress, a property and hotel investment company.
Jersey Financial Services Commission
The Jersey regulator has named Farooq Naeem as director of supervisory strategy and oversight and Sally Rochester as interim executive director of supervision.
Prior to joining the organisation, Naeem worked in the financial services industry for more than 21 years, including the last 11 at international regulators across the UK and the Middle East.
Rochester was previously director at Deloitte, where she supports the Crown Dependencies and Gibraltar clients and regulators with risk and regulatory services.
BNY Mellon Investment Management
The investment manager has appointed Matt Shafer as head of European distribution.
Shafer joins the firm from Natixis Investment Managers, where he was head of international distribution covering financial institutions, intermediary and retail markets, and captive assets.
Cohen & Steers
The global investment manager has named Jeffrey Palma to the role of senior vice president and head of multi-asset solutions.
Palma joins from State Street Global Advisors, where he was a managing director and head of public investments.
The specialist alternative asset manager has appointed Jonathan Walker and Rosie French to its sustainable investment team.
They join as sustainable investment managers.
Walker previously worked at Morgan Stanley, most recently as a research analyst within the sustainability research team, while French joins from Aberdeen Standard Investments, where she was an ESG Analyst for the European equities team.
The financial services firm has bolstered its support for clients looking to develop their ESG plans with the appointment of Flavia Micilotta as director of ESG solutions.
Prior to joining TMF Group, she led the sustainability practice at Deloitte in Luxembourg.