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PEOPLE MOVES: Schroders PW, Pictet WM, AIA Malaysia

Advice joint venture poaches from Hargreaves Lansdown while wealth manager names CEO for Asia

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Schroders Personal Wealth

Schroders’ financial advice joint venture with Lloyds has hired Jessica Miller as head of proposition.

Miller joins from Hargreaves Lansdown where she was a lead investment proposition manager.

Additionally, Claire Walsh has been promoted to head of advice strategy, leaving her role as personal finance director at Schroders.

The financial advice arm opened in June 2019 with 500 members of staff.

Pictet Wealth Management

Tee Fong-Seng has been named chief executive for Pictet WM in Asia.

He will succeed outgoing boss Claude Haberer in October 2019.

Fong-Seng joins from EFG Bank where he was chairman and will be based in Singapore.

Haberer will take on the newly created role of chairman for Pictet WM Asia.

AIA Malaysia

The insurer firm has appointed Ben Ng as chief executive.

Ng joined AIA in 2011 and was most recently director of AIA Financial in Indonesia.

He took on the top job on 15 August 2019.

Kleinwort Hambros

The private banking and wealth management division of Societe Generale in the UK has made two senior hires.

Steven Porter joins as head of client services team from Societe General where he was head of global sales facilitation in the UK and emerging market and securities.

Additionally, Chris Thomson has been promoted to head of UK regions, while keeping his previous position as head of the Edinburgh office, which he founded in 2008.

WH Ireland

Two non-executive directors have been named by the wealth management firm.

Simon Lough has received approval by the Financial Conduct Authority (FCA) and has officially joined as a non-executive director with immediate effect.

Alistair Buchanan has also been appointed as a non-executive director (elect), pending FCA approval.

He also has the same role at Thames Water and Electricity North West.

Buchanan was the chief executive of the UK’s gas and electricity markets’ regulator, Ofgem.

Fundsmith

The London-based investment manager company has hired Scott Chivers as sales director to independent financial advisers (IFAs).

He joins from Franklin Templeton where he was a business development manager.

Chivers will be responsible for marketing to IFAs investing on behalf of retail and high net worth clients.

Gresham House

Geoff Lambert joins the asset manager as head of compliance, effective from 19 August 2019.

He left his previous role at Nikko Asset Management Europe where he led the compliance team.

He is based in the firm’s London office.

Brewin Dolphin

Lee Clark has been promoted to head of office, as the wealth manager expands in Tunbridge Wells in Kent.

Clark was already leading the Reigate office, and will now manage both.

Some members of staff will be also relocated from Reigate to Tunbridge Wells.

Bank of Singapore

Kelvin Teo has been poached from Credit Suisse to head bespoke investments for Greater China and North Asia at the Singaporean private bank.

He was director of equity capital markets in Hong Kong for the Swiss firm covering the Greater China region.

Teo will be based in Hong Kong and will focus on providing the bank’s ultra-high net worth clients with investment opportunities.

Securities and Futures Commission

The Hong Kong regulator has named Rico Leung executive director (supervision of markets) for a three-year mandate, effective from 28 August 2019.

He is currently a senior director of the SFC’s supervision of markets division, and will succeed Keith Lui who will retire at the end of the month.

Leung joined the watchdog in 1995 and has been an executive director since 2006.

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