Nedbank Private Wealth has appointed Stuart Cummins to replace retiring managing director and executive head, Greg Horton.
The appointment will be effective in this month.
Cummins’ background incorporates senior roles with Cazenove Capital, C. Hoare & Co, and Barclays Wealth.
Most recently, he was responsible for the portfolio management and wealth planning business at C. Hoare & Co, and was a member of the executive group and investment committee.
Cummins is a chartered wealth manager, fellow of the Chartered Institute for Securities and Investments (Cisi) and a fellow of the Chartered Institute of Bankers.
Prudential has appointed James Turner as group chief risk officer and executive director with immediate effect.
Turner was previously director of group finance at Prudential, responsible for the delivery of the group’s financial results, business planning and performance monitoring.
In that role, he also led Prudential’s Solvency II development and was responsible for the group tax function. He joined Prudential in 2010 as the director of group-wide internal audit.
He succeeds Pat Casey, who became group chief risk officer in September 2017 on an interim basis, following the departure of Penny James.
Casey will be retiring from the Group.
Pawel Kusiak has been appointed by HSBC as head of financial crime risk transformation for the Isle of Man and the Channel Islands.
Kusiak, who is based in Jersey, will be responsible for ensuring that HSBC implements the changes needed to meet the requirements of financial regulators.
He brings with him more than 20 years of international banking experience and was previously regional lead for financial crime compliance, regulatory compliance and conduct for HSBC global banking Europe, located in London.
He first joined HSBC in Poland in 2006.
Investec Asset Management has hired Elias Erickson, who joins the company’s investment team in New York, as a portfolio manager.
Erickson joins Investec from Thornburg Investment Management where he was a director and associate portfolio manager of Thornburg Global Opportunities Fund.
Prior to this, he held positions at Dodge & Cox Funds and Lehman Brothers/Barclays Capital.
On joining, and subject to regulatory approval, Erickson will manage a portfolio of international equities.
The Alternative Investment Management Association (Aima), the global representative of alternative investment managers, has appointed Claire Van Wyk-Allan as its head of Canada.
Van Wyk-Allan, who takes over on 2 April, joins Aima from RBC global asset management, where she served as business development manager, adviser channel sales.
Prior to joining RBC in 2013, she worked for Arrow Capital Management, where she spent almost four years as regional manager, covering advisers across Ontario.
She has been an active member of Aima for almost a decade, including serving as a member of the Aima Canada board since 2014. Van Wyk-Allan succeeds James Burron, who left Aima in January.
Joyce Koh has been promoted to head of marketing, international, for Nikko Asset Management.
Previously head of marketing, Asia ex Japan and the Americas, Koh took up the newly created position on 1 March.
Based in Singapore, Koh continues to report to Tokyo-based joint global head of product and marketing, Stefanie Drews.
Amundi has appointed Cristina Matti as head of European small and mid-cap equities and country strategy.
Matti will oversee portfolio management for pan-European small and mid-cap funds and mandates, euroland small and mid-cap funds and mandates, as well as the microcaps and country strategies. She reports to Diego Franzin, head of equity investment platform.
She has been co-head of European small & mid-caps at Amundi since July 2017. Prior to this, she was head of European small & mid-caps for Pioneer Investments since June 2001, and head of country strategies since 2007.