Deutsche Bank has named Tom Patrick as chief executives of the Americas region, reporting to group chief executive John Cryan.
He replaces Bill Woodley, who joined Deutsche Bank in 1998. No reason was given for Woodley’s departure.
Patrick will add the title to his current role as head of equities and co-head of the corporate and investment bank in the Americas.
“Tom Patrick will join the board of DB USA Corporation, be appointed CEO of that entity and take on additional responsibilities as CEO of the Americas region, which remains an important source of growth for Deutsche Bank,” Cryan wrote in a memo.
He joined Deutsche Bank in 2012 and previously spent 18 years at Bank of America Merrill Lynch, where he held a number of leadership positions in banking and markets.
Manchester-based pension firm Liberty Sipp has appointed Julie Dean as its finance and operations director. Her duties will be to “expand the firm’s client base and its network of IFA partnerships,” the company said.
Dean is the former chief financial officer of AIM-listed investment manager Frenkel Topping, where she worked for 12 years.
The provider currently administers £1.8bn ($2.3bn, €2bn) in client assets and works with 600 financial adviser firms across the UK.
The British arm of multinational life insurance provider Aegon has hired a new head of marketing communications in the person of Alistair Welham, who will report to marketing director Andy Manson.
Welham’s most recent role was leading marketing for the Elevate platform, acquired by Standard Life from Axa in November 2016.
Prior to this, Welham held senior marketing roles at Virgin Money, Nationwide Building Society, Mercedes-Benz, Hamptons International and Bristol & West Building Society. He is a fellow of the Chartered Institute of Marketing.
Maven Capital Partners
Private equity firm Maven Capital Partners has hired a new investment director for its team in the north of England.
Craig Hopwood will be based in Maven’s Manchester office, where he will be responsible for sourcing and leading new growth capital and private equity investments across the region.
In addition to this, he will work alongside portfolio companies to help them achieve their future growth aspirations.
Hopwood joins from HSBC, where he was responsible for looking after a portfolio of larger private equity-backed businesses across the region.
British asset manager Time Investments has appointed Simon Clark as specialist business development manager for its income funds range.
Clark has spent his 25-year career in the UK wholesale market, selling investments ranging from equities, hedge funds, fixed interest and numerous property fund strategies to clients in the UK and the Channel Islands.
He was previously at Aviva Investors where he was senior wholesale sales director. During his time in the industry, he has also represented Fidelity, M&G and Gartmore.
Specialist investment house Edge Investments has announced that Steve Carle has been promoted to the role of chief investment officer for its Edge Performance VCT, a venture capital trust focusing on the creative industries and the technologies that enable them.
Over the last year, Carle has focused on managing both the Edge Creative Enterprise Fund, launched in November 2015, and the Edge Performance VCT.
Carle joined Edge in 2015 as investment director following a 20-year career with two UK mid-market private equity companies – 3i Group and LDC, the private equity arm of Lloyds Banking Group – before leaving in 2010 to take on a number of private business opportunities before joining Edge.