Old Mutual Global Investors
Diego Parrilla joined OMGI on 8 August in the newly created role of managing director, commodities.
Based in Singapore, he will report to Paul Simpson, investment director.
Parrilla joins from Dymon Asia Capital, which he joined in August 2015, having previously held a number of investment and distribution positions.
He will initially be responsible for promoting and building the Old Mutual Gold & Silver Fund to institutional investors in Singapore and other markets in which OMGI operates. He will also be working with OMGI’s management team to identify absolute return strategies across precious metals and commodities.
The Asian investment management arm of Prudential has promoted Phil Stockwell to chief executive of its Singapore business, effective 1 September 2016. He was previously chief operating officer.
Reporting to Eastspring Investments chief executive, Guy Strapp, Stockwell will be responsible for the operations of the Singapore office, the largest of Eastspring’s 10 Asia offices.
Having joined the company in 2014, Stockwell has considerable investment management experience across the Asia Pacific region. He takes over the role from Jackie Chew who has been appointed to a global role within Prudential’s internal audit team.
HSBC Bank in Singapore has appointed Anurag Mathur as head of its retail banking and wealth management (RBWM), reports Straits Times. He replaces Matthew Colebrook who is to lead the bank’s RBWM business for the Middle East.
Mathur joined the group in Hong Kong in 2009 and has held senior RBWM roles including product management, strategic planning and business performance management. Most recently he was head of international markets for RBWM in Asia.
BNP Paribas Investment Partners
BNP Paribas IP has appointed Claus Hecher as head of business development for Germany, Austria and the German-speaking regions of Switzerland, as it continues to strengthen its indexed fund and ETF business in Europe.
Hecher takes up his new role on 1 September and will report to Isabelle Bourcier, who joined BNP Paribas IP in June as head of ETF and indexed fund activities.
Based in Munich, he will be responsible for developing BNP Paribas Easy, BNP Paribas Investment Partners’ ETF and indexed solutions franchise, with German-speaking investors, institutions and distribution networks.
Aegon has appointed Michael Consedine as global head of government and policy affairs, overseeing all aspects of the company’s government relations in Europe, the Americas, and Asia.
He brings together the US and European government affairs teams under one organisation to further increase transparency and optimise Aegon’s engagement with policymakers around the globe.
Consedine has more than 20 years’ industry experience having served as insurance commissioner for the Commonwealth of Pennsylvania, president-elect within the National Association of Insurance Commissioners, and a member of the Federal Advisory Committee on Insurance.
David Ennett has joined Kames Capital as head of high yield from Standard Life Investments where he was head of European high yield and manager of the SLI higher income and European high yield funds. His appointment coincides with the return of Phil Milburn after a period of ill health.
Ennett and Milburn will co-manage the Kames high yield bond and Kames high yield global bond funds, with Milburn the lead on the former and Ennett on the latter. Both will report to Kames’s head of fixed income David Roberts.
Bank of Singapore
The BoS has expanded its Philippines team with the recruitment of two senior Credit Suisse executives. Arthur Ooi, most recently a team head for the Philippines business of Credit Suisse Private Bank, joined BoS at the beginning of August as managing director and team head.
Brandon Ho became an executive director and senior relationship manager in mid-July. He was previously the team lead for the emerging Asia investment consulting business at Credit Suisse.
Both are based in Singapore and report to Robin Heng, global head of Indonesia and the Philippines at BoS.