Intrinsic, part of Old Mutual Wealth, has announced that Stephen Gazard will join the business later this year in the newly created role of group managing director. He will work alongside chief executive Andy Thompson on the groups’ distribution strategy and lead the mortgage division of the network.
He joins from Sesame Bankhall Group (SBG) where he has been managing director for four years.
Sesame Bankhall Group
Following the departure of managing director Stephen Gazard to Intrinsic, SBG confirmed that he will be replaced as managing director of Sesame and PMS (Premier Mortgage Service) by sales director Mark Graves.
Compliance and risk director Julie Sadler will become managing director of Bankhall.
In a further move, Stuart Davies, the company’s network operations director, is set to become group operations director.
GAM has created a head of equities position and filled it with Matthew Beesley, formerly head of global equities at Henderson, in a bid to accelerate the firm’s growth trajectory. He brings with him more than 19 years’ investment experience.
Starting on 6 March, Beesley will be based in London and report to group chief executive Alexander Friedman. Prior to Henderson, he worked at Trinity Steel Asset Management, JP Morgan AM, and Mercury AM/Merrill Lynch Investment Managers.
Macquarie Investment Management
Macquarie IM has appointed Gyula Tóth as senior investment manager in its Global Multi-Asset team. Gyula will be based in Vienna and report to Stefan Löwenthal, chief investment officer of Macquarie’s Global Multi-Asset team.
Tóth joins from Munich Re & Ergo Asset Management (MEAG) where he was an emerging markets fixed income portfolio manager and part of the strategy asset allocation committee. At Macquarie, he will be responsible for supporting the multi-asset capability, contributing views to the Global Multi-Asset Absolute Return strategy, and managing institutional multi-asset portfolios.
International trust and corporate services provider Equiom has appointed Derek Vaz as deputy global chief financial officer. Vaz will work closely with the global chief financial officer Jeremy Evans and the wider global leadership team to develop the group’s ongoing financial strategy.
He has over 20 years’ experience in the financial services industry, having held a number of senior roles within the Lloyds Banking Group and KPMG. Vaz has extensive strategic, transaction and operational experience and has worked internationally across Europe, the Middle East, Africa, Latin America, Canada and the US.
Channel Islands Securities Exchange
The soon-to-be rebranded securities exchange has confirmed that Hargreaves Lansdown co-founder Stephen Lansdown will step down as a director from the board with effect from the AGM in June to focus on his other business interests.
Isle of Man-based Anderson Whamond will join the board, effective immediately.
The announcements come after an Extraordinary General Meeting where shareholders of the CISE approved changing the company name to The International Stock Exchange Group Limited (TISEG), as part of a wider rebrand of the exchange to The International Stock Exchange (TISE) with effect from 6 March.