The bank has announced that chief executive Peter Flavel will step down with immediate effect, following his role in the handling of Nigel Farage’s case.
Mohammad Kamal Syed will step into the role as interim chief executive of Coutts and the wealth businesses, subject to approvals.
The wealth manager has promoted Alex Stephens to chief operating officer.
Stephens has been with Strabens Hall for 9 months and was previously head of operations.
Prior to that he worked at the Chartered Institute for Securities & Investment.
Natixis Investment Managers
The investment manager has promoted Patrick Sobotta to regional head of Germany, Austria and Central and Eastern Europe and executive managing director.
He will be responsible for the retail, wholesale and institutional activities within those regions. Sobotta will report to Fabrice Chemouny, executive vice president and head of international sales.
Elsewhere, Erik Crawford will join as senior sales director in August.
The firm has also promoted Constance Clerc as head of business enhancement based in Paris.
Clerc joined Natixis in 2016 and was previously head of strategy and sales management for international distribution.
The Exit Partnership
The wealth manager has hired Dave Robinson as head of internal exits.
He will spearhead guidance and advice to retiring IFAs considering a management buy out (MBO) or employee ownership trust (EOT).
The investment manager has appointed Mandy Lui as head of greater China wealth and Dennis Quah as head of Singapore wealth.
Lui will join in mid-August in Hong Kong and will focus on developing relationships with distributors in the greater China refioin.
She joins from Baring Asset Management where she was head of wealth and retail distribution for greater China and southeast Asia.
Quah has joined this month and will focus on building relationships with consumer banks, private banks and insurers.
He has previously worked at Columbia Threadneedle and Schroders.
The asset manager has made several changes across its Asia Pacific team.
The current Apac head of client group, Szu Yi Chin will become head of wealth for Apac.
While, Katherine Cox who has been the firm’s Apac head of strategic clients, product and private banks, has now been appointed as its global head of long-term asset owners.
In another move, Lily Choh, the firm’s chief executive for Singapore, has had a broadening of her role to oversee Singapore, Malaysia, Thailand, Indonesia and India as head of south Asia.
Similarly, the firm’s Hong Kong chief executive and Apac head of strategy, Gopi Mirchandani, has been named head of north Asia. Her area of focus will now include Hong Kong, Taiwan, Korea and Japan. She will also retain her role as head of strategy for Apac.
Chris Durack, who is currently head of Apac, as well as Karine Szenberg, head of Europe and global head of product and marketing, have been appointed co-heads of Schroders’ client group.
The family office has made a series of promotions across the London office.
In the family office division Jack Henderson and Anna Wetherell have been promoted to associate director while Francesca Maule and Eleanor Sowerbutts to manager and Edward Durgan to senior associate.
Within investment management, James Cook has been promoted to director, Mark Leshnick, Archie Burt and Miki Caves to associate director, and Ross Elliott to manager.
Robyn Bramwell has been promoted to director in corporate, legal and tax advisory.
In group services, Peter Rogerson has been promoted to director, Hannah Berry to associate director, with Claire Main and Oliver Taylor promoted to senior associate.
The wealth manager has promoted Todd Babington to head of operations following the retirement of Frank Reardon.
Babington has been with the firm for five years , he has previously worked at Arbuthnot Latham and HSBC Private Bank.
The wealth manager has appointed Helena Storjohann as director in its Geneva office, where she will be responsible for a portfolio of clients and trusts
Prior to JTC, Storjohann was at Julius Baer, where she was a wealth planner.
The Dubai Financial Services Authority announced that Swee Lian Tee will be stepping down from its board of directors on 31 August.
Teo has served on the board for six years as the chair of the board’s risk committee and as a member of the governance and nominations committee and Emirati working group.
The asset manager has appointed Mandy Adamou as managing director, head of consultant relations in Europe, the Middle East, Africa and Asia.
Adamou will chair the firms Global Consultant Committee and will report to Klaus Schuster.
Prior to this role, she was managing director, global head of consultant relations at a global asset manager in London.
The asset manager has hired Nic Heath as senior investment director.
He will provide bespoke investment management services for private clients, trusts, charities and pension schemes.
Heath has previously worked at Barclays Wealth and Investec W&I.
The investment manager has appointed Lynsey Carson as business development director.
She will be responsible for enhancing Rathbones’ partnership with adviser businesses across Scotland and Northern Ireland.
Carson joins from LGT Wealth Management where she was business development director and has also held senior positions at Coutts, RBS and NatWest.
The global asset manager has appointed Viktor Dietrich as research director and Rebecca Crocker as research analyst.
Both will report to David Hedalen, head of real assets research as part of a seven person team.
Dietrich was previously at Patrizia where we worked as an equity analyst while Crocker joins from American Express as a senior financially analyst.