Schroders has appointed two women to its board of directors. Deborah Waterhouse, chief executive of ViiV Healthcare, joined as an independent non-executive director and Leonie Schroder – daughter of Bruno Schroder who recently passed away – joined as non-independent non-executive director.
Additionally, fellow director Robin Buchanan is set to retire on 2 May 2019, after the firm’s annual general meeting, having served since 2010.
Both Waterhouse and Schoder’s appointments took effect on 11 March 2019.
The Swiss insurer suffered double resignations from the chief investment officers of its UK and its Hong Kong & Singapore businesses.
There has been no information regarding why Thomas Spirig, of the Hong Kong and Singapore offices, is leaving the company.
His move follows Aileen Mathieson’s resignation in January 2019 from Zurich’s UK branch.
Philipp Furrer, a senior investment analyst for the Hong Kong and Singapore business, will succeed Spirig from 1 April 2019.
Utmost Wealth Solutions
The international wealth manager also secured a double hire, naming Julian Melling as global wealth specialist and Steve Sayer as technical sales manager.
Melling joins from Swiss Life and will focus on the UK resident, domiciled and non-domiciled market.
Sayer, on the other hand, will focus on cross-border and inheritance tax (IHT) planning for the UK high net worth market.
The Japanese bank has named Junko Nakagawa as the first woman to lead its asset management business.
She succeeds Kunio Wantabe, the previous chief executive, who is relocating to New York to become an executive chairman for Nomura Holdings America.
Nakagawa was promoted from her previous role as executive managing director and chief risk officer.
Nikko Asset Management
The Japanese asset manager was hit by the resignation of Takumi Shibata, who currently holds the role of president and chief executive.
He leaves after six years at the firm, having joined as executive chairman in 2013.
His resignation will be effective from 1 April 2019 and Hideo Abe and Junichi Sayato will be appointed as representative directors and co-chief executive officers.
Abe will also take on the role of president and Sayato the title of chairman.
The wealth manager has named Najib Canaan as chief executive of its US business.
Canaan’s role will focus on growing the investment distribution channels for Kingswood products and expansion in the US market.
He joins from Marinus Capital Advisor where he was a founding partner and the chief investment officer.
Legal & General Investment Management
LGIM has hired Claire Aley as its head of product and investment business management.
She will be responsible for global product strategy, development and management.
Aley joins from Hermes Investment Management where she was head of product strategy and development.
The Leeds-based financial adviser has hired David Bartley as national business manager, responsible for recruiting firms into Tenet’s network and support service brands.
He joins from LSL Property Services, a UK estate agent, where he worked as regional director.
Olivier Fines joined the global association for investment professional as head, advocacy Emea with immediate effect.
The role is based in London and focus on advocacy and representation in Europe, Middle East and Africa.
Fines joins from Rothschild where he was head of UK compliance for the merchant banking division.