Group financial director Heinie Werth will take over as chief executive of Sanlam Emerging Markets (SEM).
The operation is responsible for Sanlam’s businesses across 33 countries in Africa (Sanlam Pan Africa), as well as other emerging markets business in India, Lebanon and Malaysia.
Werth was previously chief executive of Sanlam Developing Markets (SDM) and SEM for 10 years until 2016.
Earlier this year, he assumed the additional responsibility for the businesses in Lebanon, India and Malaysia.
Junior Ngulube, who is the chief executive of Sanlam Pan Africa (SPA), will now take on the role of vice chairman of SPA.
Ngulube, who joined Sanlam in 2016 as the first chief executive of Sanlam’s corporate business, will be on the group executive committee and will remain a director on the board of Sanlam’s financial services subsidiary Santam.
Also, Wikus Olivier will be interim chief financial officer until the group starts the recruitment process to fill the role permanently.
Olivier is currently the executive head of group finance.
Bernie Saker’s role as business development consultant for Middle East and Cyprus has been expanded.
She will now lead the wider group sales team, based in both Manchester and Malta.
Her broader role will involve supporting advisers across the globe, along with promoting and developing products to meet the ever-changing needs of advisers and clients.
Close Brothers Asset Management
The wealth manager has hired Matthew Spencer as head of business development and marketing.
Spencer will join Close Brothers in September.
According to his Linkedin profile, he is currently at Deutsche Bank, where he is a managing director and head of intermediaries, multi family offices and group referrals.
Prior to this, he was at UK private bank Coutts, where he was executive director and head of intermediary business development.
The private wealth service provider has named Wendy Holley as executive director of group.
Holley, who is currently chief operating officer, also joins the firm’s board.
She joined JTC in 2008 and has over 25 years’ experience in financial services.
The Australian and New Zealand bank has named Vishnu Shahaney as head of south-east Asia, India and Middle East, in addition to country head of Singapore.
Shahaney will be based in Singapore and report to Farhan Faruqui, group executive, international.
He first joined ANZ Grindlays Bank in India and is currently president director of PT Bank ANZ Indonesia.
The process of replacing Shahaney in Indonesia is currently underway and an announcement will be made in due course.
The private client firm has named Alasdair McLaren as head of private wealth of Guernsey.
McLaren has been with the group since 2014 and was previously client services director, where he led a team specialising in asset protection and estate structuring for ultra-high net worth international families.
He has 30 years’ experience in the fiduciary industry, including roles at Kleinwort Benson, Saffery Champness and Scottish law firm Turcan Connell.
Vontobel Wealth Management
Daniel Schüpbach will join as head of wealth management in Basel.
Schüpbach and Matthias Crettaz have also joined the firm’s advisory team in the Swiss city.
Prior to Vontobel, Schüpbach served as head of UBS family banking in the Basel region.
Crettaz was previously desk head of UBS family banking in the same team.
The UK wealth manager has appointed Philip Shelley as a non-executive director to its board.
Shelley will serve on the audit, risk and remuneration committees and currently runs Arlington Capital Markets.
He was previously vice chairman at Barclays Investment Bank, head of the Goldman Sachs corporate broking and equity capital markets team and was head of corporate broking at UBS, where he worked for 15 years.
Chartered Institute for Securities & Investment (CISI)
Timothy Boles has been named as president of CISI’s Isle of Man branch committee.
Boles takes over from Paul Kneen, who held the position for the last two years.
He was previously managing director of Simcocks Pensions, which he set up with Simcocks Advocates, and was chairman of financial services firm AKG Group.
Hong Kong Monetary Authority
Eddie Yue has been named as chief executive of the Hong Kong Monetary Authority.
He is currently deputy chief executive and replaces outgoing chief Norman Chan.
The two will work together until October, when Chan leaves the post.