Financial Services Compensation Scheme (FSCS)
The UK lifeboat scheme has announced its chief executive Caroline Rainbird has left.
Fiona Kidy, chief financial officer, has agreed to step up to lead the organisation while it starts the search for a successor.
The Money and Pensions Service (Maps)
Caroline Siarkiewicz has confirmed to the board that she will not be taking up a second term.
She was appointed as chief executive in January 2020 having been acting chief executive since June 2019.
Siarkiewicz will step down at the end of January 2024 after four years leading the organisation through a period of significant change.
The search for a successor will commence shortly and will be led by Maps’ chair Sara Weller. The appointment will be subject to the approval of the Secretary of State for Work and Pensions.
Jim London has been named as chief executive of SEI Investments (Europe) Limited (SIEL).
He will continue to maintain his responsibilities as head of SEI’s UK private banking and wealth management business.
London will succeed Brett Williams following his retirement, effective 30 June pending regulatory approval.
With more than 25 years’ experience in financial services, London currently serves as chief operating officer for SIEL.
The investment firm has appointed Brown Shipley’s investment head Toby Vaughan as chief investment officer.
Vaughan was previously head of multi strategy solutions at Santander Asset Management, a fund manager at LV Asset Management, and director for asset allocation at F&C Asset Management.
Marwyn Acquisition Company II
Will Self has been appointed as chief executive of the London Stock Exchange-listed acquisition vehicle.
He was previously chief executive for the pensions division.
Prior to that, Self was at Curtis Banks Group, where he was chief executive.
Waverton Investment Management
Steve Chhoker has joined the firm as chief financial officer.
Chhoker has close to two decades of experience in wealth management, previously holding senior finance positions at WH Ireland, Saunderson House and Brooks Macdonald.
He replaces David Welch, who leaves after serving 26 years with Waverton.
Axa Investment Managers (Axa IM)
Caroline Portel has been named as global chief operating officer, effective 1 July 2023.
She will take over from Laurent Caillot, who will pursue a new professional endeavour outside of the Axa Group.
Verso Wealth Management
The advice company has hired Jonathan Fell as group chief operating officer.
He joins from Assurant, where as digital, CX and customer service director, he led the digital transformation programme for its European operation.
Before his time at Assurant, he spent three years as group operations director at Succession Group.
Barclays Private Bank
The company has strengthened its presence in Asia by making two senior appointments in its Singapore office.
Tom Road has been appointed deputy head for Singapore. Having worked for Barclays Private Bank in London for the past 13 years, covering UHNW and Global Family Offices, Road has relocated to Singapore to take up his new role.
Wengmun Loh has been appointed head of dealing and derivatives in Singapore. Wengmun has been with Barclays since 2008 and was most recently head of UK direct access for Barclays Private Bank in London.
In his new role, Wengmun will relocate to Singapore and is responsible for building up the capital markets and trading capability of Barclays Private Bank, Singapore.
The asset manager confirmed that its head of digital solutions, Paul Titterton, has left the business.
Titterton joined the provider in January 2022, and was responsible for developing the firm’s digital retirement advice proposition.
A spokesperson for Abrdn told International Adviser: ‘We can confirm that Paul has left the company, we would like to thank him for his contribution and wish him well for the future.”
The research firm has appointed Emma Napier as consulting director.
Napier as previously head of sales and proposition at Bravura and head of distribution at True Potential.
Jonathan Ferrara has been named as managing director for the firm’s Channel Islands arm.
He has held senior roles at various global organisations, including Bank of America, UBS and most recently Sanne, where he was managing director for Channel Islands.
The law firm has added to its high net worth and international tax team in London with the appointment of partner Matthew Briggs.
He joins from boutique private client practice the Burnside Partnership and specialises in personal tax, estate and succession planning for UK and international individuals and families.
Clarion Wealth Planning
The advice firm has expanded its team with the appointment of Bradley Peet as an associate financial planner.
He has joined Clarion after more than three years at Carpenter Rees.