Prudential UK & Europe has named Clare Bousfield as chief executive of insurance, subject to regulatory approval. She will join the business on 1 November 2016.
Bousfield was a leader in the strategic review and transformation of Aegon’s UK business and has held chief financial officer roles with Swiss Re and, most recently, with Aegon.
She also has extensive experience in dealing with international regulators, including those in the UK, Ireland, and various countries in continental Europe, as well as Asia and the USA.
Aegon UK has appointed Stephen McGee as chief financial officer, a role he has held on an interim basis since August.
Prior to his interim appointment, McGee was part of the finance leadership team, including latterly as finance director, Existing Business, as well as leading a strategic review of the business in his time as commercial programme director.
McGee joined Aegon in 2014 from Lloyds Banking Group where he was chief actuary, taking on the chief financial officer role at Aegon UK following the departure of former chief financial officer Clare Bousfield in August (see above).
David Rhydderch has been appointed global head of Deutsche Bank’s Alternative Fund Services business. He has been with the bank for eight years.
Rhydderch previously held senior positions within the bank’s Markets franchise, specifically as chief operating officer for the Global Prime Finance business within the Equities division based in London and New York.
UK equities manager Mike Felton is to leave M&G Investments after 11 years’ service. He will be replaced by Sam Ford, who has been named as the new manager of the M&G UK Select Fund, subject to regulatory approval.
Ford’s appointment will take effect from 1 January 2017.
Until the end of the year, the fund will be managed by co-deputy managers Garfield Kiff and Rory Alexander.
Stanford DeLand Asset Management (SDL)
Former Schroders small and mid-cap fund manager Rosemary Banyard has resurfaced as an investment director at SDL, having stepped down from Schroders in March after 17 years.
Latterly co-head of the Pan-European mid and small cap teams, she ran approximately £1bn for Schroders across several UK small, mid and all-cap mandates.
ANZ has appointed Mahnaz Safa as head of markets, Europe and America. She will report to managing director, markets Shayne Collins and chief executive of UK, Europe & Middle East, Diana Brightmore-Armour.
Safa will be responsible for people leadership across the region, the local management of Sales and Trading teams and ensuring the business is well managed and delivers against regulatory requirements.
She joins ANZ from Citibank where she held the position of head of markets origination for Europe, Middle East and America. Prior to this she was at UBS Investment Bank as the co-head of debt capital markets Emea.
Sanlam UK has appointed three new employee benefits consultants, in a move to support the growth of its employee benefits division. Richard Haynes, Joanne Neary and Adam Percival all join from global insurance and risk management firm Arthur J. Gallagher.
Haynes, Neary, and Percival will add to Sanlam’s existing employee benefits team, dealing with group pensions, group risk and healthcare, and will bring the number of Sanlam UK consultants advising corporate clients up to 12.