HSBC Asset Management
The asset management arm of HSBC has promoted Michael Cross to global fixed income chief investment officer.
He joined the firm in 2015 as global head of official sector institutions and was most recently vice-chair of institutional business.
The appointment will be effective from 1 September 2021, and Cross will be based in London.
Deutsche Bank Wealth Management
Urs Brudermann has joined the wealth business of Deutsche Bank as a managing director and group head of south-east Asia.
He was previously at Credit Suisse where he served as team leader for the Thai market.
Additionally, Shawn Ngoh will become a director, and Pichaya Prawanmeet will become the team’s vice-president, both joining from Credit Suisse.
Aegon Asset Management
Nicole Grootveld-Sandig will become Aegon AM’s chief technology officer.
She will be responsible for architecture plans and strategic roadmaps as well as overseeing governance activities related to technology design, implementation and information security.
She was previously at Netherlands-based pensions management firm MM Vermogensbeheer, where she was director of investment management services and chief operations officer .
The investment firm has hired Jessica Jones as managing director and head of Asia.
In the newly created role, she will lead the firm’s expansion of its global intermediary business in the region, building teams in Hong Kong and Singapore to support sales and distribution capabilities.
Jones will be based in Hong Kong.
RadiantESG Global Investors
The newly launched investment firm, backed by HSBC AM, has made several senior hires.
Harry Prabandham will become the company’s chief investment officer. He joins from Rosenberg Equities where he spent 14 years and was most recently head of multi-factor and alpha strategies.
Mauricio Bustos joins as head of data and technology after spending more than 22 years at Rosenberg Equities in various positions within research, data and technology.
Kevin Lin will take on the role of senior portfolio manager after spending 17 years at Rosenberg Equities as well. He was most recently principal researcher of multi-factor and alpha strategies and portfolio manager for the firm’s small cap strategies.
Camilla Dahl Hansen has been promoted to chief experience officer.
She joined the Danish bank in April 2021 as chief operating officer in the Saxo experience office after working at Danske Bank for 13 years.
Impax Asset Management
The London-based asset management firm has recruited Cath Bremner as chief commercial officer.
In the newly created role, she will be responsible for risk, compliance and IT.
She joins from the UK government’s department for business, energy and industrial strategy where most recently she was director for international energy and climate finance.
The savings and mortgages provider has hired Jan Preece as chief financial officer.
She was previously finance director at Friends Provident International.
Securities & Futures Commission (SFC)
The Hong Kong regulator’s executive director for corporate finance, Brian Ho, will retire at the end of his three-year tenure on 27 August 2021.
While the SFC looks for a successor, Megan Tang, senior director for corporate finance, has been named as interim head of corporate finance pending the completion of the recruitment process.
Ho will take on an advisory role with the regulator for six months starting from 28 August 2021.